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
TürkiyeSource of wealth
CarpetResidence
Istanbul, TürkiyeMarital status
MarriedBirth date
09/26/62 (age 62)Number of children
3Self-made
self-madeIbrahim 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
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