Murat Vargi
Overview
- Source of Wealth
- Telecom
- Industry
- Telecom
- Residence
- Istanbul
- Marital Status
- Married
- Children
- 2
Assets
- Turkcell Iletisim Hizmetleri A.S.21,830,000 shares @ --TCELL.E-TR
Biography
Murat Vargi is the co-founder of Turkey's largest provider of mobile service, Turkcell, who has diversified into real estate and hotels, startups and renewable energy.
Although having divested most all of his Turkcell stake, he has 80% of KVK, a mobile phone distributor supplying a retail network with 1,000+ outlets.
Dost Energy, of which Vargi's owns 51%, has found success by focusing exclusively on producing power from wind.
Vargi is an active venture investor. In 2015, Gedik Yatırım and Vargi's MV Holding opened a startup hub in Istanbul, StartersHub.
Among his venture investments is a 20% stake in PayCore, focused on payment systems services and solutions, plus fraud detection and prevention.
About
Vargi started his career working as an export representative with Koc Holdings, founded by one of Turkey's leading business families.
Turkcell and KVK are among Turkey's most recognized brands.