Mustafa Rahmi Koc’s profile picture

Mustafa Rahmi Koc

Mustafa Rahmi Koc’s profile picture
Net worth 2018: $2.48 Billion
Industry: Diversified
Residence: Istanbul, Turkey
Country: Turkey
BirthDay: 1930
Children: 3
Education: Bachelor of Arts / Science, Johns Hopkins University

Mustafa Rahmi Koc was bornon 1930 in Istanbul, Turkey, Turkey. Mustafa Rahmi Koc is #957 in List Billionaires People In The World. Mustafa Rahmi Koc is the honorary chairman of Koc Holding, one of Turkey's largest conglomerates. A bellwether of the Istanbul Stock Exchange, Koc Holding has participations in key businesses that comprise Koc Group, which operates in four main sectors: energy, automotive, durable consumer goods and finance. Other group activities include technology, food, retail, agriculture and shipbuilding. In January 2016, Mustafa Rahmi's eldest son and CEO of Koc Holding, Mustafa Koc, died age 56, after having a heart attack. In 2003 Rahmi Koc had transferred the management of the Holding to him. The other son of Rahmi Koc, Omer Koc, has now become president. Antiques are his hobby. He also is passionate about the sea and luxury yachts. His sisters Semahat Arsel and Suna Kirac are also billionaires.


$1.6 Billion


$2.9 Billion


$2.5 Billion


$2.9 Billion


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$2.48 Billion

Rahmi Mustafa Koç (born in 1930 in Ankara), is a Turkish businessman and philanthropist. In 2016, Forbes ranked him #906 richest person in the world with a net worth of $2.6 billion. In 2013, he is the Turkish person who paid the most income taxes in his country, totalling 37.5 million liras.Rahmi Koç was the only son of one of Turkey's wealthiest man Vehbi Koç. He attended high school at Robert College in Istanbul after his primary education in Ankara. Rahmi Koç then studied at the Johns Hopkins University in the U.S. and received his B.A. in industrial management.Following his military service, he started actively working for the Koç Group in 1958, joining the Otokoç Company in Ankara. In 1960, he transferred to Koç Ticaret, which represented the Koç Group in Ankara. Following the relocation of the Koç Holding headquarters from Ankara to Istanbul in 1964, which was established a year earlier, he became general coordinator of Koç Holding A.Ş. and moved to Istanbul.Thereafter in 1970, he became chairman of the executive committee and in 1975 deputy chairman of the board of management. Rahmi Koç was appointed chairman of the Koç Holding management committee in 1980. His father Vehbi Koç transferred his chairmanship to his son on March 30, 1984. Rahmi Koç retired from this duty on April 4, 2003, transferring his chair to his eldest son Mustafa Koç. Rahmi Koç is currently Honorary Chairman of the Koç Holding.A visit to Henry Ford Museum in Michigan inspired him to create the Rahmi M Koç Museum in Istanbul, which is dedicated to the history of transport, industry and communications exhibiting trains, submarines and autos.In 2013, he bought the Merrill-Stevens Drydock & Repair Co., Florida's oldest boatyard, and renamed it RMK Merrill-Stevens. He is the owner of a 171-foot yacht, the Nazenin V.Rahmi Koç received honorary doctorates from the following universities:Rahmi Koç was awarded by various national and international institutions as listed below:Rahmi Koç has three sons: Mustafa Vehbi (1960-2016), Ömer Mehmet (1962) and Ali Yıldırım (1967) from his previous marriage to Çiğdem Simavi. His son Mustafa died on January 21, 2016, of a heart attack, at the age of 55.
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