Murat Vargi
$1.0B
Born
Nov 14, 1947
Age
78
Source of Wealth
Telecom
Residence
Istanbul,
Citizenship
Turkey
Marital Status
Married
Children
2
Education
- Co-founder of Turkey's largest provider of mobile service, Murat Vargi has diversified into real estate and hotels, startups and renewable energy.
- Although having divested most all of his Turkcell stake, he has 80% of KVK, a mobile phone distributor supplying a retail network with 1,000+ outlets.
- Dost Energy, of which Vargi's owns 51%, has found success by focusing exclusively on producing power from wind.
- Vargi is an active venture investor. In 2015, Gedik Yatırım and Vargi's MV Holding opened a startup hub in Istanbul, StartersHub.
- Among his venture investments is a 20% stake in PayCore, focused on payment systems services and solutions, plus fraud detection and prevention.
- Vargi started his career working as an export representative with Koc Holdings, founded by one of Turkey's leading business families.
- Turkcell and KVK are among Turkey's most recognized brands.
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