Mehmet Emin Karamehmet
Telecom

Mehmet Emin Karamehmet Net Worth

2 years from now

Mehmet Emin Karamehmet is a Turkish billionaire who was born in 1944. He is the owner of Cukurova Holding, which has interests in various industries such as packaging, chemicals, finance, construction and telecom. His fortune is largely tied to Turkcell, Turkey's largest cell phone operator, which is traded on the NYSE. In 2014, Cukurova reached a $1.6 billion settlement with Alfa Group, regaining control of the stake in Turkcell it had put up as collateral for financing. Karamehmet still owes $455 million to the Saving Deposit Insurance Fund, which the Turkish government set up after a series of bank failures between 1998 and 2002. Despite this, his stake in Turkcell, shares in oil producer Genel Energy and other assets keep him on the billionaires list.
Mehmet Emin Karamehmet is a member of Telecom

Age, Biography and Wiki

Birth Year 1944
Birth Place Turkey
Age 79 YEARS OLD
Alma mater Robert College, Dover College
Occupation Chairman of Çukurova Holding

💰 Net worth: $1.15 Billion (2024)

Mehmet Emin Karamehmet, popularly known as Telecom in Turkey, is an influential figure in the telecommunications industry. With a net worth estimated to be $1.15 billion in 2024, Karamehmet has emerged as one of the wealthiest individuals in the country. Having made substantial contributions to the development and growth of the telecommunications sector, he has garnered immense success and prominence. As an esteemed entrepreneur, Karamehmet's wealth is a testament to his remarkable business acumen and strategic investments in this ever-evolving industry. His name has become synonymous with leadership and innovation in Turkey's telecom world.

2010 $2.9 Billion
2011 $4 Billion
2012 $2.9 Billion
2013 $2.4 Billion
2014 $1.5 Billion
2015 $1.15 Billion
2018 $1.15 Billion

Some Mehmet Emin Karamehmet images

Tags Turkish people stubs European business biography stubs 1944 births Turkish businesspeople Living people Turkish mass media owners Turkish billionaires 20th-century businesspeople 21st-century businesspeople Robert College alumni People from Tarsus, Mersin

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.