
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
TürkiyeSource of wealth
Utility EquipmentResidence
Ankara, TürkiyeBirth date
06/01/70 (age 55)Self-made
self-madeFeridun 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
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