Ibrahim Erdemoglu

$2.23B
as of 10/04/24

About Ibrahim Erdemoglu

Ibrahim Erdemoglu and his brother, Ali, together own over 75% of a top producer of materials used in carpet, SASA Polyester.

They initially acquired 51% of SASA in 2015 for $102 million, then added to their stake in the publicly traded company and watched it soar in value.

The brothers' Erdemoglu Holding also includes the two privately held companies, Merinos Carpet and Dinarsu Carpet.

In 1970, their father, Mehmet Erdemoglu, along with family members, started Merinos with two rug-weaving looms.

Today, Erdemoglu Holding is one of the world's largest carpet manufacturers, with production facilities in eight locations in Turkey and Russia.

Personal stats

Citizenship

Türkiye

Source of wealth

Carpet

Residence

Istanbul, Türkiye

Marital status

Married

Birth date

09/26/62 (age 62)

Number of children

3

Self-made

self-made

Ibrahim Erdemoglu’s fortune is worth

37K

troy ounces of gold

34K

median U.S. household

22K

median U.S. income

0.045%

U.S. credit card volume

0.009%

GDP of the United States

0.007%

United States debt

Net worth history

Annual ranking

Did you know?

While studying physics at university, Ibrahim Erdemoglu carried carpets on his back and sold them directly to customers.

Net worth over time

Real-time ranking

Financial assets

ISTANBUL | SASA.E-TR

Sasa Polyester Sanayi

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