What is Erman Ilicak's Net Worth?
Erman Ilicak is a Turkish businessman who has a net worth of $3.1 billion. Erman Ilicak founded the construction company Renaissance Holding in 1994 in St Petersburg, Russia, and since he helped it grow into one of the biggest international contractors worldwide, encompassing infrastructure projects throughout Central Asia and the Middle East. In addition to serving as President and Director of Renaissance Construction CJSC, Ilicak owns shopping malls, office and hotels across Russia.
In 2012, he partnered with Turkish billionaire Aydin Dogan, to invest in Turkish real estate, apart from his separately-owned 12 shopping malls in Turkey. What's more, Ilicak is active in the energy sector and in numerous worldwide associations of Turkey, like being the President of Information Society & New Technologies Committee of TUSIAD. In his private life, Erman also plays the role of husband and father of three.