Haluk Bayraktar
Turkey 47 years old
Overview
- Source of Wealth
- Military drones
- Industry
- Technology
- Residence
- Istanbul
- Marital Status
- Married
- Children
- 3
Biography
Haluk Bayraktar owns 47.5% of Turkish unmanned military drone manufacturer Baykar. He co-owns it with his brother Selçuk and serves as the CEO.
The company was founded by his father Özdemir in 1984 to make parts for the Turkish auto industry and began making unmanned aerial vehicles in the 2000s.
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.