Ferit Sahenk is one of the richest businessmen in Turkey. His group, after winning a competition, now owns 15% of Asteras Vouliagmenis in Athens. Ferit Sahenk was born in Ankara, Turkey in 1964. He is the president of the Dogus Holding Company and his fortune is estimated to be 6-8 billion dollars. In 2008, Sahenk earned the 573rd place in the Forbes World’s Billionaires List.
His group consists of more than 150 companies and about 30,000 employees.
After graduating from Boston College in 1989, where he studied Marketing and Human Resource Management, Sahenk returned to Istanbul and started training at the Dogus Garanti Bank (his father’s group at that time). About eight years later, Sahenk started the national Turkish channel, NTV. In order to find financial resources for this effort, he sold a part of the Garanti Bank.
The Dogus Group operates in the fields of media, tourism, economy and construction. Dogus Holding has a great development under Sahenk’s lead. The group’s revenue reaches 5.7 billion dollars.
Ferit Sahenk is a pioneer. In order to extend his training, he participated in the “Owner/President Management Program” of Harvard University. After his father’s death in 2001, Sahenk took over Dogus Holding. At that time, he was 37 years old.
Sahenk has taken some major steps forward for the company which include:
-In 2004, Sahenk gave control of a part of the Garanti bank, selling almost a quarter of the third Turkish largest bank to General Electric for 1.6 billion dollars. This was a huge step for the further liberalization of the banking sector in the country which was facing major problems after the 2001 financial crisis .
– He owns over 10 automotive industries in the Turkish car market. Some of them are the Volkswagen, Audi, Porsche, Bentley, Lamborghini, Bugatti, Seat, Skoda and Scania.
– In the tourism sector, Sahenk owns five-star hotels, two of which are the Grand Hyatt and Park Hyatt in Istanbul.
He is married to an American woman by the name of Diana since 1989. Together, they have a daughter, Daphne.
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