BillionaireNet
Bacaksız
Sezai Bacaksız
Rank #2113
TURKEYdiversifiedDiversified

Sezai Bacaksız

Net Worth
$1.825B
0% (24h)
Sezai Bacaksız is a prominent Turkish businessman and co-founder of Limak Holding, a diversified conglomerate with interests in construction, energy, tourism, and cement. With an estimated net worth of $1.8 billion, Bacaksız has risen to become one of Turkey's wealthiest individuals. His career began in engineering, leading to the establishment of Limak İnşaat in 1976 with partner Nihat Özdemir. Bacaksız's achievements include successfully managing large-scale infrastructure projects and expanding Limak's operations across multiple sectors. His strategic vision has been instrumental in Limak's growth to become a leading company in Turkey.

The Full Dossier

Early Life

Sezai Bacaksız was born in Konya, Turkey, in 1950. He pursued his education in Ankara, attending Gazi University Mühendislik Mimarlık Akademisi (currently Gazi University), where he earned a degree in mechanical engineering. After graduating, he worked as an assistant at the same university with his close friend Nihat Özdemir. Later, they both pursued master's degrees at Ege University.

Rise to Success

Bacaksız's career is closely tied to the founding of Limak Holding. In 1976, along with Nihat Özdemir, he established Limak İnşaat Sanayi ve Ticaret A.Ş. in Ankara. Limak began as a construction company and expanded over time, becoming a major player in the construction sector, executing significant infrastructure projects in Turkey and abroad. The company's activities diversified to include energy, tourism, cement, and airport operations.

Key Business Strategies

Bacaksız's business strategy involved expanding Limak's operations into diverse sectors. The company focused on major infrastructure projects, including airports, dams, and power plants. He oversaw the expansion of Limak into the tourism sector with hotels and resorts, as well as investments in the energy and cement industries. The company also won contracts to operate airports and develop food processing facilities.

Philanthropy

Limak Holding and its founders have engaged in various philanthropic activities, particularly in education, aiming to contribute to social development. While specific monetary amounts are not available from the search results, Limak has supported initiatives in education and healthcare through the Limak Foundation. The company has also supported the Turkish Red Crescent's National Safe Blood Supply and Türkök projects.

Career Timeline

2021

Forbes Ranking

Ranked #6 on Forbes' list of the wealthiest Turks, with a net worth of $2.3 billion.

2013

Forbes Ranking

Ranked #29 on Forbes' list of the 100 wealthiest Turks, with a net worth of $1.2 billion.

1976

Founded Limak İnşaat

Co-founded Limak İnşaat Sanayi ve Ticaret A.Ş. with Nihat Özdemir, laying the foundation for Limak Holding.

Philanthropic Impact

Education and Healthcare$XB

Limak Foundation

Supports educational and healthcare initiatives.

Healthcare$XB

Turkish Red Crescent Projects

Supports the National Safe Blood Supply and Türkök projects.

Wealth Trajectory