Erman Ilicak Net Worth is$2.6 Billion
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Erman Ilicak net worth: Erman Ilicak is a Turkish businessman who has a net worth of $2.6 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. As of 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.

Erman Ilicak Latest News

Constructing rewards out of risk

The beginnings of Erman Ilicak’s $2bn fortune can be traced back to a meeting ... Although setting up the business was something of a gamble, Mr Ilicak plays down his own risk-taking. He says he had ...
Posted: May 13, 2012, 1:48 pm

DEALTALK-UK's Costain likely target of Turkey's Renaissance

Board chairman Erman Ilicak said last month that Renaissance, one of Turkey’s three largest construction groups, was in early-stage talks to take a controlling stake in an unnamed, 140-year-old ...
Posted: March 2, 2011, 4:00 pm

Turkey's Ronesans eyes UK construction firm

“We are in talks for a similar acquisition in Britain, with the aim of acquiring a controlling stake”, Ronesans’ board chairman Erman Ilicak told reporters. He said the British company specialised in ...
Posted: February 9, 2011, 4:00 pm

Amid Currency Crisis, Turkey Has Lost More Than One Third Of Its Billionaires

Real estate developer Erman Ilicak, who owns an estimated 90% of the privately-held Ronesans Holding, has seen his fortune shrink more than any other Turkish billionaire. His net worth has plummeted ...
Posted: August 14, 2018, 11:33 am

Ronesans, Meridiam to Widen Turkish Hospital Cooperation

The company is also looking at acquisition opportunities abroad for growth, Erman Ilicak, chairman and owner of Ankara-based Ronesans, told reporters in Istanbul today. Ilicak spoke after the Ronesans ...
Posted: December 19, 2014, 5:36 am
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