Turgay Ciner Net Worth

What is Turgay Ciner's Net Worth?

Turgay Ciner is a Turkish-native businessman who has a net worth of $300 million dolalrs. Turgay Ciner currently owns the Ciner Media Group, a corporate company that manages mass media like the Internet, movies, publishing, radio and television. But that's not all as his business empire also includes hotels, aluminum, copper and soda ash mines and electric power plants. The company currently owns the world´s largest soda ash reserve. Turgay Ciner also shows his interest in sport affairs, especially football, and owns the "Kasımpaşa Spor Kulübü". Kasımpaşa, which was founded in 1921, is one of the oldest football clubs in Turkey. Turgay Ciner was born on 1 March 1956 at Artvin's Hopa. He started his business career as a real estate agent, selling land in Hopa region. During his school and college days, he was very much interested in auto spare parts marketing business. Ciner began his first business venture in 1984 by exporting Mercedes cars to Germany.

In 1991, the Gulf crisis badly influenced the Central Asian market, mainly Uzbekistan, Tajikistan and Iraq. It was at this time that the Russian market has started to invest in the textile industry. Thus, the Ciner utilized this opportunity and started textile mills in the Uzbekistan region. Ciner group made several business ventures during the 90´s. In 1995 he bought 60% of the national Airport ground services. Later in 1998, Ciner group succeeded to acquire the entire business. In March 1999, his company managed to make a deal with Turkish armed forces to sell underwear. In 2009, they engaged in the business of the Ciner Media Group. While today, they manage Newspaper Haberturk, Ciner media Investments, Ciner newspaper, C Filmmaking, GD Newspaper among many more.