Rank #2008
Mustafa Kucuk
Net worth $2.1B
Fashion retail · Turkey
- Born
- Jun 03, 1963
- Age
- 62
- Source
- Fashion retail
- Residence
- Istanbul
- Citizenship
- Turkey
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Mustafa Kucuk is the biggest shareholder of LC Waikiki, a producer and retailer of ready-to-wear fashions and home items.
- Designer Georges Amouyal and a partner founded LC Waikiki in France in 1985. Kucuk and partners including Sefik Yilmaz Dizdar acquired it in 1997.
- LC Waikiki's first international store opened in Romania in 2009. In 2016, it expanded into home textile products under the brand name LCW Home.
- The company prides itself on promoting women into its management ranks.
- Today, LC Waikiki has over 1,000 locations in 47 countries; roughly half are outside of Turkey. Its motto: "Everyone deserves to dress well."
- The brand combines the name of the famous Hawaiian beach with "LC," as in "Les Copains" ("friends" in French).
- Mustafa Kucuk avoids the media. His older brother, Vahap Kucuk, is the public face of the company, which pulls in revenue of around $2.5 billion annually.