Name
Mustafa Kucuk
Primary Residence
Istanbul, Turkey
Citizenship
Turkey
Source Of Wealth
fashion retail, Self Made
Net Worth
$1,100,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1818
Forbes List Rank One: Title
#1818 Billionaires 2019
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Summary
Mustafa Kucuk is the biggest shareholder of LC Waikiki, a producer and retailer of ready-to-wear fashions and home items.Kucuk and his partners purchased the business in 1997 and rapidly accelerated growth.In 2018, LC Waikiki opened stores in Croatia, Greece and South Africa, bringing its total store count to over 900 in 44 countries. In 2019, the company expects to generate around half of its $3 billion-plus in revenue from outside of Turkey.It's planning to expand into China, India, Indonesia and Malaysia.
Did you know?
French designer Georges Amouyal and a partner created the brand, adding the name of the famous Hawaiian beach to "LC," as in "Les Copains" ("friends" in French).Mustafa Kucuk avoids the media. His older brother, Vahap Kucuk, is the public face of the company.
Age
56
Categories
Number of Children
3
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