Rank #1977
Sezai Bacaksiz
Net worth $2.1B
Diversified · Turkey
- Born
- Jul 27, 1949
- Age
- 76
- Source
- Diversified
- Residence
- Ankara
- Citizenship
- Turkey
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Sezai Bacaksiz and his billionaire partner, Nihat Ozdemir, 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.
- In partnership with Punj Lloyd, Limak built the Trans-Anatolian Natural Gas Pipeline, which transports natural gas produced in the Caspian Sea to Turkey and Europe.