#1404

Ferit Faik Sahenk

Turkey 62 years old

Overview

Source of Wealth: Diversified
Industry: Diversified
Residence: Istanbul
Education: Boston College (Bachelor of Arts/Science)
Marital Status: Married
Children: 1

Assets

Dogus Gayrimenkul Yatirim Ortakligi A.S.

0 shares @ -

-

DGGYO.E-TR
Dogus Gayrimenkul Yatirim Ortakligi A.S.

0 shares @ -

-

DGGYO.E-TR
Dogus Otomotiv

52,200,000 shares @ -

-

DOAS.E-TR
Turkiye Garanti Bankasi A.S.

0 shares @ -

-

GARAN.E-TR

Biography

Ferit Sahenk is CEO of Dogus Holding, which covers sectors ranging from tourism, real estate and media to financial services, construction and autos.

The family had controlled Garanti Bank, the cornerstone of its fortune, selling it last 10% to Spain's BBVA in 2017, bringing in $900 million.

Dogus has invested $1.7 billion in Istanbul's Galataport. The project includes a cruise terminal, hotel, retail and restaurants.

Lately, Dogus has been deleveraging. In 2020, it agreed to sell its 42% stake in high-end Istanbul shopping mail Istinye Park to Qatar Holding LLC.

Luxury hotel divestments include the Astir Palace and Athens Hilton in Greece, and the Capri Palace and Aldrovandi Villa Borghese in Italy.

About

Ferit Sahenk came in first in the prestige sailing competition Les Voiles de Saint-Tropez in 2016 and placed second in 2017 in the Wally classification.

His sister Filiz Sahenk and mother Deniz Sahenk are also billionaires.