Ferit Faik Sahenk’s profile picture

Ferit Faik Sahenk

Ferit Faik Sahenk’s profile picture
Net worth 2018: $2.44 Billion
Industry: Finance
Residence: Istanbul, Turkey
Country: Turkey
BirthDay: 1964
Children: 1
Education: Bachelor of Arts / Science, Boston College
BIOGRAPHY

Ferit Faik Sahenk was bornon 1964 in Istanbul, Turkey, Turkey. Ferit Faik Sahenk is #997 in List Billionaires People In The World. The family company Dogus Holding, of which Ferit Sahenk is president, operates in sectors ranging from tourism, real estate and media to financial services, construction and automotive import and distribution. In 2012 it formed d.ream (Dogus Restaurant Entertainment and Management), which now encompasses around 170 outlets operating under restaurant brands developed internally as well as through partnerships with the likes of Azumi Group, whose brands include Coya, Roka, Zuma and Oblix. In 2014 the family sold 15% of Garanti Bank to the Spanish BBVA for more than $2 billion. In early 2017 it announced the sale of its remaining 10% for around $920 million. In a 2016 spree, betting on high-end European tourism, Dogus bought Astir Palace and the Athens Hilton in Greece, the D-Resort Sibenik in Croatia and the Capri Palace in Capri, Italy. It also added to its collection the Hotel Villamagna in Madrid and the Aldrovandi Palace, located in Rome's luxurious Paroli area and known as "heaven in the middle of Rome." Merit Sahenk's mother Deniz Sahenk and sister Filiz Sahenk are also billionaires. He is married to Diana Sahenk, an American.

NET WORTH STATISTIC
2009

$1.1 Billion

2010

$2.1 Billion

2011

$2.7 Billion

2012

$2.6 Billion

2013

$3.4 Billion

2014

$2.1 Billion

2015

$2.5 Billion

2016

$2.4 Billion

2017

$2.1 Billion

2018

$2.44 Billion

TIMELINE
2016

On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2

2006

In May 2006, Şahenk was elected Chairman of the Executive Board of the Turkish-U

2005

5 billion, with a turnover for 2005 of US$6 billion, employing about 18,000 people

2004

6 billion in 2004, which was regarded as an important step towards greater liberalization in the Turkish banking sector, which had been severely affected by the 2001 economic crisis

2001

At the age of 37, Şahenk took over his father's Doğuş (pronounced DOUGH-oosh, literally "birth" in Turkish) Holding after Ayhan Şahenk died of a heart attack in April 2001

2000

Ferit is a Fenerbahçe fan and been board member under Aziz Yıldırım president between 2000-02 and also sponsored Moussa Sow transfer for the club

1999

Revenues for 1999 at privately held Doğuş Group hit $5

1998

After eight years he moved to the holding company, and beginning in 1998, he has acquired two food retail chains and operated NTV by funding the expansion by selling part of the group's Garanti Bank to the public

1989

with a degree in Marketing and Human Resources in 1989

1964

Ferit Şahenk (Turkish pronunciation: [feˈɾit ʃaˈhenk], born 1964) is a Chairman of Turkey's Doğuş Holding conglomerate and richest person in Turkey

1929

After graduation, Şahenk returned to Istanbul, where his father, Ayhan Şahenk (1929–2001), sent him to apprentice at Doğuş' Garanti Bank

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