What is Nihat Ozdemir's Net Worth?
Nihat Ozdemir is a Turkish businessman who has a net worth of $1.2 billion. Mr. Ozdemir is the head of conglomerate Limak Holding, which he co-founded and co-owns with billionaire Sezai Bacaksiz. Born on April 5, 1950 in Diyarkbakir, Turkey, Bacaksiz teamed up with Bacaksiz shortly after he had taken his mechanical engineering degree from Gazi University. Ever since its establishment in 1976, the conglomerate has spread and now holds major business interests in construction, energy, cement and tourism. As the company's major assets stand out Limak Cement and Limak Energy companies, as well as the Limak Tourism Group. The company's total revenue has risen by 24%, getting $260 million revenue from construction alone.
Limak aside, Nihat Ozdemir is also a former vice president of the Fenerbahce SK, a football giant in the Turkey Super Ligi. Moreover, he served as deputy president of the team until August 25, 2011. Married with two children, he currently resides in Ankara, Turkey. Both his son, Batuhan Ozdemir, and his daughter, Ebru Ozdemir, are involved in the family business. Batuhan works in energy production and distribution and Ebru is in Limak's business development and finance departments.
