Sezai Bacaksiz and his partner Nihat Ozdemir founded Limak Construction in 1976, which has since grown into a $4 billion conglomerate. Limak Group is active in energy, transportation, cement and tourism, and is currently part of a consortium working on the initial phase of building Istanbul's third airport. Limak operates in many countries, including Turkey, Kuwait, Egypt, Kosovo, Turkish Republic of Northern Cyprus, Eastern Europe, Africa, Pakistan, Ukraine and Russia. It is the primary contractor on a $4.3 billion project to upgrade and expand the Kuwait International Airport, and is one of the top three electricity producers in the private energy sector in Turkey.
Sezai Bacaksiz is a member of Diversified
Sezai Bacaksiz, widely recognized as Diversified in Turkey, is an immensely successful entrepreneur whose net worth is estimated to reach a staggering $2.2 billion by 2024. With a diverse portfolio spanning various industries, Bacaksiz has accumulated significant wealth through his strategic investments and business ventures. Renowned for his astute decision-making and ability to identify lucrative opportunities, he has become a prominent figure in Turkey's business landscape. Bacaksiz's substantial net worth not only reflects his financial achievements but also showcases his entrepreneurial prowess and unwavering dedication to success.
2011
$1.2 Billion
2012
$1.1 Billion
2013
$1.2 Billion
2016
$1.3 Billion
2017
$1.6 Billion
2018
$1.71 Billion
Biography/Timeline
1976
Limak Holding was launched in 1976 by Özdemir and Sezai Bacaksız, with Özdemir focussing on cement and Energy while Bacaksız focussed on airports and tourism. In 2011, Özdemir and Bacaksız were listed as billionaires by Forbes.
