Murat Vargi

$1.02B
$1.3M (-0.1%)
as of 03/13/26

About Murat Vargi

Murat Vargi is the co-founder of Turkey's largest provider of mobile service, Turkcell, who has diversified into real estate and hotels, startups and renewable energy.

Although having divested most all of his Turkcell stake, he has 80% of KVK, a mobile phone distributor supplying a retail network with 1,000+ outlets.

Dost Energy, of which Vargi's owns 51%, has found success by focusing exclusively on producing power from wind.

Vargi is an active venture investor. In 2015, Gedik Yatırım and Vargi's MV Holding opened a startup hub in Istanbul, StartersHub.

Among his venture investments is a 20% stake in PayCore, focused on payment systems services and solutions, plus fraud detection and prevention.

Personal stats

Citizenship

Türkiye

Source of wealth

Telecom

Residence

Istanbul, Türkiye

Marital status

Married

Birth date

11/14/47 (age 78)

Number of children

2

Self-made

self-made

Murat Vargi’s fortune is worth

17K

troy ounces of gold

16K

median U.S. household

10K

median U.S. income

0.02%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

Turkcell and KVK are among Turkey's most recognized brands.

Net worth over time

Real-time ranking

Financial assets

ISTANBUL | TCELL.E-TR

Turkcell Iletisim Hizmetleri A.S.

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