Ferit Faik Sahenk

Net worth over time

Biography

• Ferit Sahenk is CEO of Dogus Holding, which covers sectors ranging from tourism, real estate and media to financial services, construction and autos.
• The family had controlled Garanti Bank, the cornerstone of its fortune, selling it last 10% to Spain's BBVA in 2017, bringing in $900 million.
• Dogus has invested $1.7 billion in Istanbul's Galataport. The project includes a cruise terminal, hotel, retail and restaurants.
• Lately, Dogus has been deleveraging. In 2020, it agreed to sell its 42% stake in high-end Istanbul shopping mail Istinye Park to Qatar Holding LLC.
• Luxury hotel divestments include the Astir Palace and Athens Hilton in Greece, and the Capri Palace and Aldrovandi Villa Borghese in Italy.
• Ferit Sahenk came in first in the prestige sailing competition Les Voiles de Saint-Tropez in 2016 and placed second in 2017 in the Wally classification.
• His sister Filiz Sahenk and mother Deniz Sahenk are also billionaires.

Financial assets