Name
Murat Vargi
Primary Residence
Istanbul, Turkey
Citizenship
Turkey
Source Of Wealth
telecom, Self Made
Net Worth
$1,200,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1717
Forbes List Rank One: Title
#1717 Billionaires 2019
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Summary
Founder of Turkey's largest provider of mobile service, Murat Vargi has diversified into real estate and hotels, tech startups and renewable energy.Although having divested most all of his Turkcell stake, he has 79% of KVK, a mobile phone distributor supplying a retail network with 1,000+ outlets. Dost Energy, of which Vargi's owns 51%, has found success by focusing exclusively on producing power from wind.Vargi is an active venture investor. In 2015, Gedik Yat?r?m and Vargi's MV Holding opened a startup hub in Istanbul, StartersHub.One of his venture investments is a 20% stake in Cardtek, focused on payment systems services and solutions, plus fraud detection and prevention.
Did you know?
Vargi started his career working as an export representative with Koc Holdings, founded by one of Turkey's leading business families.KVK is one of Turkey's most recognized brands.
Age
71
Categories
Number of Children
2
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