Fuat Tosyali

$1.13B
as of 02/07/20

About Fuat Tosyali

Fuat Tosyali is CEO of steel and iron producer Tosyali Holding, which has 18 facilities spread over Turkey, Serbia and Algeria.

At age five, he began working with his father in a small workshop in Iskenderun, where they made sheet metal out of used tin cheese cans.

From sheet metal, they went on to bucket and stove production. The family began investing in Algeria in 2008.

Including overseas operations, Tosyali is on track to become Turkey's largest iron and steel producer, with an 8.5 million ton capacity by 2019.

Fuat shares ownership in the business with younger brothers Ayhan and Fatih Tosyali, who are also billionaires.

Personal stats

Citizenship

Türkiye

Source of wealth

steel

Residence

Istanbul, Türkiye

Marital status

Married

Birth date

01/01/63 (age 63)

Number of children

3

Education

High School Graduate, High School

Self-made

self-made

Fuat Tosyali’s fortune is worth

19K

troy ounces of gold

17K

median U.S. household

11K

median U.S. income

0.023%

U.S. credit card volume

0.005%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

Fuat Tosyali flies on his private jet to visit operations in Algeria every week.

Net worth over time

Real-time ranking

Images © Forbes.com. All rights reserved.