Portrait of Hamdi Ulukaya

Rank #246

Hamdi Ulukaya

Net worth $12.7B

Greek yogurt · Turkey

Born
Oct 26, 1972
Age
53
Source
Greek yogurt
Residence
Norwich, New York
Citizenship
Turkey
Marital status
Married
Children
0
Education
Master of Business Administration, SUNY Albany

Net worth over time

Biography

  • Hamdi Ulukaya, known as the yogurt king, is the founder of America's most popular Greek yogurt brand, Chobani.
  • Ulukaya grew up in a Kurdish dairy-farming family in Turkey and raised sheep. He eventually left to study political science at Ankara University.
  • He immigrated to the U.S. in 1994 to study English in upstate New York, an area that reminded him of the small farming villages in Eastern Turkey.
  • With a loan from the Small Business Administration, he bought an old yogurt plant there in 2005 and developed a recipe inspired by his heritage.
  • He started selling his yogurt in 2007; in 2023, Chobani pulled in more than $2 billion in sales.
  • In January 2018, Ulukaya married Louise Vongerichten, daughter of world-renowned French chef Jean Georges Vongerichten. The couple welcomed a son later that year.
  • Refugees and immigrants, who make up 30% Chobani's workforce, are offered English language classes as well as translators in up to 11 languages.