Nihat Ozdemir’s profile picture

Nihat Ozdemir

Nihat Ozdemir’s profile picture
Net worth 2018: $1.71 Billion
Industry: Diversified
Residence: Ankara, Turkey
Country: Turkey
BirthDay: 1950
Children: 2
BIOGRAPHY

Nihat Ozdemir was bornon 1950 in Ankara, Turkey, Turkey. Nihat Ozdemir is #1391 in List Billionaires People In The World. Nihat Ozdemir and his billionaire partner, Sezai Bacaksiz, met as students Gazi University and founded Limak Construction in 1976. Now a $4 billion (revenue) conglomerate focused on large infrastructure projects, Limak Group is active in energy, transportation, cement and tourism. It is currently part of a consortium working on an initial, $6-billion-plus phase of building Istanbul's third airport, due to open in 2018. Besides Turkey, Limak operates in Kuwait, Egypt, Kosovo, Turkish Republic of Northern Cyprus, Eastern Europe, Africa, Pakistan, Ukraine and Russia. It is the primary contractor on a $4.3 billion project to upgrade and expand the Kuwait International Airport. In the private energy sector in Turkey, Limak, a major builder and operator of hydroelectric power plants, ranks among the top three electricity producers.

NET WORTH STATISTIC
2011

$1.2 Billion

2012

$1.1 Billion

2013

$1.2 Billion

2016

$1.3 Billion

2017

$1.6 Billion

2018

$1.71 Billion

TIMELINE
Nihat Özdemir (born 5 April 1950 in Diyarbakır, Turkey) is currently a board member of the Turkish Süper Lig football club Fenerbahçe SK. He is currently serving his fourth two-year term since Aziz Yıldırım's board came to power. His titles are "Deputy President" and "Press Spokesman" of the club. He has also received a mechanical engineering degree and sits as the chairman of the Limak Holding board. He resigned as deputy president of Fenerbahçe on August 25, 2011.Limak Holding was launched in 1976 by Özdemir and Sezai Bacaksız, with Özdemir focussing on cement and energy while Bacaksız focussed on airports and tourism. In 2011, Özdemir and Bacaksız were listed as billionaires by Forbes.
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