Feridun Gecgel

$4.53B
as of 05/10/26

About Feridun Gecgel

Feridun Gecgel chairs Astor Enerji, Turkey's largest manufacturer of transformers and switching products.

He owns nearly 80% of the company, which went public in Istanbul in 2023.

Gecgel started his first business in furniture production. In 2005, he entered the transformer industry by purchasing Astor, which he bought for $3 million 20 years ago.

He was born in Şanlıurfa in 1970 and after graduating high school, became an entrepreneur, starting at Özgüney Elektrik, where he established his own company, specializing in the sale of electrical and electronic materials.

Personal stats

Citizenship

Türkiye

Source of wealth

Utility Equipment

Residence

Ankara, Türkiye

Birth date

06/01/70 (age 55)

Self-made

self-made

Feridun Gecgel’s fortune is worth

76K

troy ounces of gold

70K

median U.S. household

45K

median U.S. income

0.091%

U.S. credit card volume

0.018%

GDP of the United States

0.013%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

ISTANBUL | ASTOR.E-TR

Astor Enerji

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