Rank #1142
Erman Ilicak
Net worth $3.8B
Construction · Turkey
- Born
- Oct 03, 1967
- Age
- 58
- Source
- Construction
- Residence
- Ankara
- Citizenship
- Turkey
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Erman Ilicak's Ronesans Holding, founded in 1993, operates as construction contractor and real estate developer in 28 countries.
- In July 2016, he sold 5% of Ronesans to IFC, a World Bank institution, in a deal that valued the company at $4.3 billion.
- Construction firm acquisitions include the Swiss Hergiswill and German Heitcamp in 2013, and the Netherlands' Ballast Nedam in 2015.
- In a public-private partnership with the Turkish government, Ronesans has so far built healthcare complexes with a contract value of $3.4 billion.
- Ronesans is partnering with the Port of Rotterdam to develop the Ceyhan Mega Petrochemical Industrial Zone in the south of Turkey.
- A basketball player during his years at TED high school, Ilicak served as president of the TED Ankara Sports Club from 2014 to 2016.
- Ilicak started Ronesans in St. Petersburg, Russia, where he worked as an engineer for billionaire Sinan Tara's construction firm, Enka Insaat ve Sanayi AS.
Financial assets
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