Selçuk Bayraktar

$1.78B
as of 04/17/25

About Selçuk Bayraktar

Selçuk Bayraktar owns 52.5% of Turkish unmanned military drone manufacturer Baykar. He chairs the board and serves as chief technological officer.

He co-owns the firm with his brother Haluk; the company was founded by their father Özdemir in 1984 to make parts for the Turkish auto industry.

Baykar recorded sales of $1.9 billion in 2023 and its exports rose to $1.8 billion in 2024, thanks to contracts with militaries in Europe, Africa and the Middle East.

Baykar's most famous export, the Bayraktar drone, has been used so successfully by Ukrainian troops that it inspired a popular folk song.

He is the son-in-law of Turkish president Recep Tayyip Erdogan, having married his daughter Sümeyye in 2016.

Personal stats

Citizenship

Türkiye

Source of wealth

Military drones

Residence

Istanbul, Türkiye

Marital status

Married

Birth date

10/07/79 (age 45)

Number of children

2

Self-made

inherited and growing

Selçuk Bayraktar’s fortune is worth

30K

troy ounces of gold

27K

median U.S. household

18K

median U.S. income

0.036%

U.S. credit card volume

0.007%

GDP of the United States

0.005%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Images © Forbes.com. All rights reserved.