Mehmet Aydinlar
#2420

Mehmet Aydinlar

Turkey 69 years old Self-Made

Overview

Source of Wealth
Hospitals
Industry
Healthcare
Residence
Istanbul
Marital Status
Married
Children
1

Assets

  • IHH Healthcare
    544,617,000 shares @ -
    -
    5225-MY

Biography

Mehmet Ali Aydinlar is founder and leader of Turkey's largest chain of private hospitals, Acibadem Healthcare Group.

He build the company after starting out as a consultant in the same field, took it public in 2000, and brought in a partner, Abraaj Capital, in 2008.

The company was delisted in 2012, after Aydinlar struck a deal with Malaysia's sovereign wealth fund and Kuala Lumpur-based IHH Healthcare Berhad.

Aydinlar exchanged Acibadem shares for cash and stock in IHH. He still owns 10% of Acibadem and serves as chairman of its board of directors.

Acibadem has been expanding into the Netherlands, Bulgaria, Macedonia, Serbia and Iraq.

About

Aydinlar has been buying real estate since his days as a consultant for hire. In 2019, he was named Entrepreneur of the Year in Turkey by Ernst & Young.

His primary philanthropic undertaking is Istanbul-based Acibadem University, whose mission is to advance healthcare in Turkey through education and research.