Rank #1728
Haluk Bayraktar
Net worth $2.4B
Military drones · Turkey
- Born
- Oct 04, 1978
- Age
- 47
- Source
- Military drones
- Residence
- Istanbul
- Citizenship
- Turkey
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Haluk Bayraktar owns 47.5% of Turkish unmanned military drone manufacturer Baykar. He co-owns it with his brother Selçuk and serves as the CEO.
- The company was founded by his father Özdemir in 1984 to make parts for the Turkish auto industry and began making unmanned aerial vehicles in the 2000s.
- Baykar recorded sales of $1.9 billion in 2023 and its exports rose to $1.8 billion in 2024, thanks to contracts with militaries in Europe, Africa and the Middle East.
- Baykar's most famous export, the Bayraktar drone, has been used so successfully by Ukrainian troops that it inspired a popular folk song.