Sakip Sabanci
| Sakıp Sabancı | |
|---|---|
| Born |
7 April 1933 Akçakaya village, Kayseri Province |
| Died | 10 April 2004 (aged 71) Istanbul |
| Cause of death | Kidney cancer |
| Resting place | Zincirlikuyu Cemetery, Istanbul |
| Nationality | Turkish |
| Organization | Sabancı Holding |
| Notable work | Haci Omer Sabanci Foundation, Sabancı Holding, Sabanci University, and Sakıp Sabancı Museum |
| Spouse(s) | Türkan (Civelek) Sabancı |
| Children | Dilek Sabancı, Metin Sabancı, Sevil Sabancı |
| Parent(s) | Hacı Ömer Sabancı, Sadıka Sabancı |
| Relatives | İhsan Sabancı, Hacı Sabancı, Şevket Sabancı, Erol Sabancı, Özdemir Sabancı |
Sakıp Sabancı (7 April 1933 – 10 April 2004) was a prominent Turkish business tycoon and philanthropist.
Born as the second son of a cotton trader, he worked in all the ranks of his father's business without completing high school. He was the head of Turkey's largest business conglomerate and 147th richest man on the Forbes list of the world's top billionaires in 2004. Sakıp Sabancı described himself as such: "I get angry when someone calls me only rich; I am happy with my social personality and my generosity."
Sabancı was among the most colorful personalities in the Turkish business world. After taking over the family business, with his energy, initiative and courage alongside the assistance of his brothers, he carried the Sabancı Group among the world's top companies starting in the 1980s. In fact, from its very beginning Sakip Sabanci, and his brothers engaged in international business. The first business relations that Sakip Sabanci had with other firms started with his father, Hacı Ömer Sabancı, who exported cotton from Adana and needed machinery to create finished goods. Sabanci had textile goods sent to both Italy and Germany for printing in the 1970s. Sakip Sabanci developed many international business contacts through his work with trade delegations sent from Turkey to other countries such as the United States.
Today, the Sabanci Group of Companies operates in eighteen different countries. The organization also markets its products in many regions of the world including North and South America, North Africa, the Middle East and Europe. The Sabanci Group retains its strong reputation and image that was mostly established by Sakip Sabanci, and has continued to engage in numerous joint ventures as a means of extending its operations on a global level. Currently, Sabancı Holding controls more than 60 companies, which are involved in textiles, tourism, automotives, chemicals, tobacco, cement, insurance and banking. The group also has partnerships with some of the well-known multinational companies, such as Hilton Group, Bridgestone, Du Pont, Philip Morris, Bekaert, Heidelberg Cement, IBM, BNP Paribas, Dresdner Bank, Carrefour and International Paper. Sabancı Holding, and ten other companies within the group are listed on the Istanbul Stock Exchange. In 2011, the consolidated revenue of the company was $13.4 billion. The Sabanci Family is the majority shareholders of Sabanci Holdings with a 60.6% share of the firm.
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