Rank #805
Murat Ulker
Net worth $5.2B
Food · Turkey
- Born
- Mar 23, 1959
- Age
- 67
- Source
- Food
- Residence
- Istanbul
- Citizenship
- Turkey
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Bogazici University
Net worth over time
Biography
- Murat Ulker owns 63% of Yildiz Holding, which produces a wide range of food products and non-alcoholic beverages.
- Yildiz spent $850 million to buy Belgian chocolatier Godiva in 2007 and $3.2 billion to buy United Biscuits of the U.K. in 2014.
- To establish a more global structure, he merged United Biscuit, Ulker Biscuit and DeMet's Candy under the roof of London-based Pladis Foods.
- In early 2019, Godiva announced the sale of parts of its Asia-Pacific business, along with a production facility in Belgium, to PE firm MBK Partners.
- Yildiz is using some of the proceeds from the sale to expand Godiva's cafe business from 20 stores to more than 2,000 globally by 2025.
- In 2020, Ulker handed over the chairmanship of Yildiz, which he'd held for 20 years, to his nephew Ali Ulker.
- In 2014, Ulker donated $24 million to Harvard University. A research facility focused on genetic diseases is named after his father, Sabri Ulker.
Financial assets
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