Selçuk Bayraktar
$1.8B
Born
Oct 07, 1979
Age
46
Source of Wealth
Military drones
Residence
Istanbul,
Citizenship
Turkey
Marital Status
Married
Children
2
Education
- Selçuk Bayraktar owns 52.5% of Turkish unmanned military drone manufacturer Baykar. He chairs the board and serves as chief technological officer.
- He co-owns the firm with his brother Haluk; the company was founded by their father Özdemir in 1984 to make parts for the Turkish auto industry.
- Baykar recorded sales of $1.9 billion in 2023 and its exports rose to $1.8 billion in 2024, thanks to contracts with militaries in Europe, Africa and the Middle East.
- Baykar's most famous export, the Bayraktar drone, has been used so successfully by Ukrainian troops that it inspired a popular folk song.
- He is the son-in-law of Turkish president Recep Tayyip Erdogan, having married his daughter Sümeyye in 2016.
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