Rank #2041
Nihat Ozdemir
Net worth $2.0B
Diversified · Turkey
- Born
- Apr 05, 1950
- Age
- 76
- Source
- Diversified
- Residence
- Ankara
- Citizenship
- Turkey
- Marital status
- Widowed
- Children
- 2
- Education
Net worth over time
Biography
- Nihat Ozdemir and his billionaire partner, Sezai Bacaksiz, met as students at Gazi University and founded Limak Construction in 1976.
- Besides being contractor for some of the world's largest infrastructure projects, Limak has operations in energy, tourism, transportation and cement.
- It's part of a consortium building Istanbul's new airport. When all phases are complete, it will be the world's largest based on passenger capacity.
- Limak is a major builder and operator of hydroelectric power plants, ranking among Turkey's top ten electricity producers.
- Besides Turkey, Limak operates in Kuwait, Egypt, Kosovo, Turkish Republic of Northern Cyprus, Eastern Europe, Africa, Pakistan, Ukraine and Russia.
- As an academic at what is now Gazi University, Ozdemir was for a short while assistant to Necmettin Erbakan, who went on to become minister of Turkey.
- The future billionaire was on the faculty of the Engineering and Architecture department for four years, until 1980.