What is Mustafa Latif Topbas' Net Worth?
Mustafa Latif Topbas is a Turkish businessman who has a net worth of $1.5 billion. Mustafa Latif Topbas runs BIM, Turkey's largest discount retailer that makes the most of his fortune. When BIM lost more than 15% of its value in 2013, Mr. Topbas has subsequently lost half a billion dollars in his net worth. But aside from BIM, he also has massive investments in the retail and food manufacturing industries.
Strictly speaking, Mustafa Latif Topbas holds shares in the family textile business and has partnerships with such food companies as Ak Food and Link Food. The latter two are owned by the Ulker Family, who also own Yildiz Holding, Turkey's largest food producer. Mustafa Latif Topbas is rarely seen in public and holds a reputation of being a media-shy person.
