Nihat Ozdemir Net Worth $1.2 Billion
Nihat is the 29th richest man in Turkey and is ranked 1175th in the record of World Billionaires according to Forbes. Mr. Ozdemir was born on April 5, 1950 in Diyarkbakir, Turkey. The Founder received his mechanical engineering degree from Gazi University. He co-founded Limak Holding along with fellow billionaire Sezai Bacaksiz. It really is a Turkish conglomerate with important business interests in building, energy, cement, and tourism. Among its important assets are Limak Cement and Limak Energy businesses, along with the Limak Tourism Group. The company’s total revenue with its variety of companies has exploded by 24%. In 2012, it has an estimated $260 million revenue from building alone. In June of precisely the same year, it has acquired the tender of the Kosova Electricity Company’s electricity distribution and procurement company with fellow billionaire Ahmet Calik. In December, they bought BEDAS along with Cengiz and Kolin Construction for about $2 billion. BEDAS is the provider of electricity to Istanbul’s European shore also it has 10 million subscribers. With this particular enterprise, Limak, Cengiz, Kolin partnership covers 30% of all of the electricity subscriberst in Turkey. The Founder was the deputy president of the team until August 25, 2011. His daughter, Ebru Ozdemir, works at Limak in the company development and finance department while his son Batuhan Ozdemir works in the power generation and supply division.