Ferit Faik Sahenk Net Worth is$3.4 Billion
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Ferit Faik Sahenk net worth: Ferit Faik Sahenk is a Turkish businessman who has a net worth of $3.4 billion. Ferit Faik Sahenk chairs his family's, Dogus Holding, which has interests in finance, media, tourism and construction companies. As of 2012, the group has made an enormous expansion after acquiring deluxe restaurant chains, including the purchase of a 74% stake in the Door's Group, as well as a majority share in restaurant chain, Go Mongo. Under Sahenk's leadership, the company has expanded worldwide building tourism in Croatia and Greece. However, the main holding of his family is Garanti Bank, which they co-own with GE Capital. He is one of the wealthiest men in Turkey, but not the only billionaire in his family as his mother Deniz Sahenk and sister Filiz Sahenk also have billions. Together with American wife Diana Sahenk, Ferit Faik Sahenk has only one child.
Ferit A?ahenk (Turkish pronunciation: [feE?E 3/4 it E?aE?henk]) (born 1964) is Chairman of Turkey's DoA?uA? Holding conglomerate and one of the country's wealthiest individuals, with a personal fortune estimated at US$ 6.0-8.0 billion.
A?ahenk graduated from The American School in Switzerland (TASIS) and earned his Bachelors from Boston College, Boston, Massachusetts, U.S. with a degree in Marketing and Human Resources in 1989. After graduation, A?ahenk returned to Istanbul, where his father, Ayhan A?ahenk (1929a??2001), sent him to apprentice at DoA?uA?' Garanti Bank. After eight years he moved to the holding company, and beginning in 1998, he has acquired two food retail chains and operated NTV by funding the expansion by selling part of the group's Garanti Bank to the public. Understanding that top talent is essential to running a diverse group, he also created a recruitment division, Humanitas. Revenues for 1999 at privately held DoA?uA? Group hit $5.7 billion. In May 2000, he instituted centralized back-office operations for DoA?uA?' multiple banks and is doing the same for its auto dealerships. To its banking business, A?ahenk added leasing, insurance and cashback reward schemes like those of Discover Card in the United States - financial services still uncommon in Turkey at the time.
He attended the Owner/President Management Program at Harvard University, Cambridge, Massachusetts, U.S. At the age of 37, A?ahenk took over his father's DoA?uA? (pronounced DOUGH-oosh, literally "birth" in Turkish). Holding after Ayhan A?ahenk died of a heart attack during April 2001. The net worth of the A?ahenk conglomerate is around US$ 2.5 billion, with a turnover for 2005 of US$6 billion, employing about 18,000 people. He relinquished some control of the Garanti Bank, selling a quarter of the country's third largest bank to General Electric for $1.6 billion in 2004, which was regarded as an important step towards greater liberalization in the Turkish banking sector, w

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Ferit Faik Sahenk Latest News

Stock Quotes & Company News

Mr. Ferit Faik Sahenk has served as Chairman of the Board of Directors of Turkey Garanti Bank Inc. since April 18, 2001. Formerly, he served as the founder and Vice President of Garanti Securities, CEO of Dogus Holding and Chairman of Dogus Otomotiv.
Posted: October 28, 2017, 5:00 pm

Babson College to Host Third Annual Babson Connect: Worldwide Entrepreneurship Summit in Thailand

Attendees will hear from Ferit Faik Sahenk--Chairman of one of the top largest private-sector conglomerates in Turkey, Dogus Holding; William Heinecke--Chairman and CEO of one of the largest hospitality and leisure companies in the Asia Pacific Region ...
Posted: March 20, 2017, 11:57 am

GE bringing joint ventures to life

"GE recognizes that we know our country and our customers, and that we've established a chemistry of trust in the local marketplace," said Ferit Faik Sahenk, the chairman of Dogus. Still, joint ventures are no panacea for GE. Although its partnership ...
Posted: October 3, 2007, 6:00 pm
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