Murat Vargi
$1.03B
as of 05/19/25
About Murat Vargi
Co-founder of Turkey's largest provider of mobile service, Murat Vargi 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
TürkiyeSource of wealth
TelecomResidence
Istanbul, TürkiyeMarital status
MarriedBirth date
11/14/47 (age 77)Number of children
2Self-made
self-madeMurat Vargi’s fortune is worth
17K
troy ounces of gold
16K
median U.S. household
10K
median U.S. income
0.021%
U.S. credit card volume
0.004%
GDP of the United States
0.003%
United States debt
Net worth history
Annual ranking
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Did you know?
Vargi started his career working as an export representative with Koc Holdings, founded by one of Turkey's leading business families.
Net worth over time
Real-time ranking
Financial assets
ISTANBUL | TCELL.E-TR
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