Portrait of Mehmet Aydinlar

Rank #2421

Mehmet Aydinlar

Net worth $1.4B

Hospitals · Turkey

Born
Jul 27, 1956
Age
69
Source
Hospitals
Residence
Istanbul
Citizenship
Turkey
Marital status
Children
0
Education

Net worth over time

Biography

  • Mehmet Ali Aydinlar is founder and leader of Turkey's largest chain of private hospitals, Acibadem Healthcare Group.
  • He build the company after starting out as a consultant in the same field, took it public in 2000, and brought in a partner, Abraaj Capital, in 2008.
  • The company was delisted in 2012, after Aydinlar struck a deal with Malaysia's sovereign wealth fund and Kuala Lumpur-based IHH Healthcare Berhad.
  • Aydinlar exchanged Acibadem shares for cash and stock in IHH. He still owns 10% of Acibadem and serves as chairman of its board of directors.
  • Acibadem has been expanding into the Netherlands, Bulgaria, Macedonia, Serbia and Iraq.
  • Aydinlar has been buying real estate since his days as a consultant for hire. In 2019, he was named Entrepreneur of the Year in Turkey by Ernst & Young.
  • His primary philanthropic undertaking is Istanbul-based Acibadem University, whose mission is to advance healthcare in Turkey through education and research.

Financial assets

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