Mustafa Rahmi Koc Net Worth is$2.9 Billion
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Mustafa Rahmi Koc net worth: Mustafa Rahmi Koc is a Turkish businessman who has a net worth of $2.9 billion. Mustafa Rahmi Koc serves as the honorary president of the family company, Koc Holding. However, he is slowly narrowing his duties, as he handed over the position of Chairman of the Board at Ford Otosan to his younger son Yildirim Ali Koc last year. Among the interests which remain in Mustafa's possession are those in the Rahmi Koc Museum, Turkey's first museum dedicated to the history of transportation, industry and communication, which exhibits thousands of objects from gramophone needles to real size ships and planes. Apart from doing extremely well in businesses, he is also known for his love of the sea and luxury yachts. Being the father of three, all of his children Mustafa, Omer and Ali Koc are billionaires, as well as Mustafa Rahmi Koc's sisters Semahat Arsel and Suna Kyrac.
Rahmi Mustafa KoA? is a Turkish businessman.
He was born in 1930 in Ankara as the only son of one of Turkey's wealthiest man Vehbi KoA?, he attended high school at Robert College in Istanbul after his primary education in Ankara. Rahmi KoA? then studied at the Johns Hopkins University in the U.S. and received his B.A. in Industrial Management.
Following his military service, he started actively working for the KoA? Group in 1958 joining the OtokoA? Company in Ankara. In 1960, he transferred to KoA? Ticaret, which represented the KoA? Group in Ankara. Following the relocation of the KoA? Holding headquarters from Ankara to Istanbul in 1964, which was established a year earlier, he became general coordinator of KoA? Holding A.A?. and moved to Istanbul.
Thereafter in 1970, he became chairman of the executive committee and in 1975 deputy chairman of the board of management. Rahmi KoA? was appointed chairman of the KoA? Holding management committee in 1980. His father Vehbi KoA? transferred his chairmanship to his son on March 30, 1984. Rahmi KoA? retired from this duty on April 4, 2003 transferring his chair to his eldest son Mustafa KoA?. Rahmi KoA? is currently Honorary Chairman of the KoA? Holding.
He has three sons: Mustafa Vehbi (1960), A?mer Mehmet (1962) and Ali YA?ldA?rA?m (1967) from his previous marriage to A?iA?dem Simavi, who later married the former newspaper tycoon Haldun Simavi.
Vehbi KoA?, who died in 1996 at the age of 95, created the KoA? Holding Corp., Turkey's largest industrial conglomerate. By first forming joint ventures with General Electric to make light bulbs and Ford Motor Co. to build buses and trucks, and continually expanding his activities, KoA? built up an empire that, according to the Financial Times generates nearly 5% of Turkish exports. KoA? Holding Corp. has more than $12 billion in sales annually and employs 40,000 people.
During the meeting of the International Chamber of Commerce (ICC) on November 7, 1994, Rahmi

Mustafa Rahmi Koc Latest News

‘Affinity for old things,’ drove Koç’s decision to buy RMK Merrill-Stevens boatyard

In April 2003, Rahmi Koç retired as chairman of Koç Holding and his oldest son, Mustafa V. Koç, succeeded him at the giant ... Besides the RMK Merrill-Stevens boatyard, Koc’s personal ventures in South Florida and the region include a minority stake ...
Posted: October 25, 2014, 8:00 pm

Koc : Agreement for Share Sale

An agreement with Citigroup Global Markets Limited has been signed for the sale of 4.22% of Koç Holding shares (with a nominal value of TL 107 million) from some of the Koç family members (Mustafa Rahmi Koç, Suna Kıraç, Mehmet Ömer Koç, Yıldırım ...
Posted: May 25, 2017, 1:33 am

Mustafa Rahmi Koc Net Worth

Mustafa Rahmi Koc net worth: Mustafa Rahmi Koc is a Turkish businessman who has a net worth of $2.5 billion. Mustafa Rahmi Koc serves as the honorary president of the family company, Koc Holding. However, he is slowly narrowing his duties, as he handed ...
Posted: June 14, 2017, 4:29 pm

Ford Otosan Opens New Assembly Plant in Turkey

Thursday marked the official kick-off of production at Ford Otosan, the Turkish joint venture between Ford Motor Company and Koç Holding. The new assembly plant ... Tayyip Erdoğan; Rahmi Koç, Honorary President, Koç Holding, Mustafa Koç, Chairman ...
Posted: May 23, 2014, 2:09 pm

Mustafa Koc, Billionaire Chairman Of Turkey's Largest Conglomerate, Dies At Age 55

Mustafa Koc, the eldest son of billionaire Mustafa Rahmi Koc and the chairman of Koc Holding, died of a heart attack on January 21 at his home in Istanbul. Koc suffered a heart attack during his workout, was brought to Istanbul’s Beykoz State Hospital ...
Posted: January 20, 2016, 4:00 pm
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