Mehmet Sinan & Family Tara
$3.1B
Born
May 24, 1958
Age
67
Source of Wealth
Construction
Residence
Istanbul,
Citizenship
Turkey
Marital Status
Married
Children
3
Education
Master of Business Administration, Stanford University
- Mehmet Sinan Tara is chairman of one of Turkey's largest construction and energy companies, ENKA. It was cofounded by his father, Sarik Tara, in 1957.
- Turkey's leading private electricity producer, ENKA also operates in real estate, tourism, transport and trade (construction equipment and machinery).
- In Moscow, ENKA owns a hotel, shopping malls and approximately 370,000 square meters of net rentable Class A office space.
- Sarik Tara's brother-in-law Sadi Gulcelik, with whom he founded ENKA, died in a plane accident in Saudi Arabia in 1980.
- Sinan Tara took over management of ENKA in 1984 when he was only 26 years old. His son Agah Mehmet Tara became CEO in 2012, at age 29.
- Over the last 20 years or so, ENKA has been the biggest builder of U.S. consular and embassy buildings.
- Spanning the globe, these projects can be found in locations ranging from Turkey, Algeria and Nepal to Equatorial Guinea, the Dominican Republic and the Netherlands.
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