Name
Erman Ilicak
Primary Residence
Ankara, Turkey
Citizenship
Turkey
Source Of Wealth
construction, Self Made
Net Worth
$3,600,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
546
Forbes List Rank One: Title
#546 Billionaires 2019
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Summary
Established in 1993 by Erman Ilicak, Ronesans Holding is active in construction, real estate investment and development, energy, health and education.In July 2016, he sold 5% of Ronesans to IFC, a World Bank institution, in a deal that valued the company at $4.3 billion.Construction firm acquisitions include the Swiss Hergiswill and German Heitcamp in 2013, and the Netherlands' Ballast Nedam in 2015.Ronesans' construction of Neva Towers in Moscow, a few miles from the Kremlin, represented a $1.3 billion investment.Ronesans has a $4.3 billion contract with the Turkish government for the construction and leasing to the state of 12 large hospitals.
Did you know?
Ilicak started Ronesans Construction in St Petersburg, Russia, after resigning from the company he worked for, and began doing small renovation projects.He was president of the TED Club of Ankara College from 2014-2016.
Age
51
Categories
Number of Children
3
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