Mehmet Emin Karamehmet Net Worth is$2.4 Billion
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Profession: Businessperson
Nationality: Turkey
Date of Birth: 1944-04-01
Place of Birth: Mersin
Mehmet Emin Karamehmet Net Worth: Mehmet Emin Karamehmet is a Turkish businessman who has a net worth of $2.4 billion. One of the richest people in Turkey, Mr. Karamehmet currently serves as the chairman of Cukorova Holding conglomerate, which holds interests in packaging, chemicals, finance, construction, defense, telecom and media. Born on April 1, 1944 in Tarsus, Mersin, Turkey, he graduated from Robert College and earned his Bachelor's degree in Economics from Dover College, Kent, UK, before embarking on his professional career. Backed with solid knowledge, Karamehmet got back to his hometown in Tarsus to set up his first company with capital of 100.000 TL provided by his father who was the head of the local chamber of commerce at the time. He went on to set up another company, Cukurova Holding, which has turned into a conglomerate through the years. However, the most of Karamehmet's fortune is derived from his shares in Turkcell, Turkey's largest GSM mobile phone operator and the only Turkish company publicly traded on the NYSE.
Mehmet Emin Karamehmet (born 1 April 1944) is the chairman of Turkey's ??ukurova Holding conglomerate. He is currently ranked 2nd wealthiest person in Turkey and 401st globally in 2012 Forbes Billionaires list. He is one of the most influential and successful businessmen in Turkey with a record of several returns after failures.


Karamehmet has graduated from Robert College and earned his Bachelors from Dover College, Kent UK, with a degree in Economics. After graduation, Karamehmet returned to his hometown Tarsus, where his father was the head of the local chamber of commerce, and established his first company with the capital of 100.000 TL. In the following years, he started to get more involved in the family company and initiated his own company, Cukurova Holding, which became a conglomerate through the years.
Current wealthiest man of Turkey according to Forbes Billionaires list H? 1/4 sn? 1/4 ??zye??in is a classmate of Karamehmet. Karamehmet assigned him as the CEO of his bank at the age of 32, which made ??zye??in the youngest CEO of a Turkish bank and paved the way for his career. Karamehmet, via his holding company Cukurova, owns a share in the biggest telecommunication company Turkcell, which constitutes the largest share of his wealth.

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Mehmet Emin Karamehmet Latest News

Turkcell sees potential to double user count within 2-3 years

Turkcell has been hampered in recent years by a feud between three major shareholders: Cukurova, owned by Turkcell founder Mehmet Emin Karamehmet, Russian billionaire Mikhail Fridman's Alfa Telecom and Sweden's Telia Company. Two weeks ago, two sources ...
Posted: November 23, 2017, 8:16 pm

Turkcell shareholder Cukurova accuses Russian rival of arbitration violation

Turkcell has been hampered by protracted feuding between three of its shareholders: Cukurova, owned by Turkcell founder Mehmet Emin Karamehmet, Russian billionaire Mikhail Fridman and Sweden's Telia Company. For years the bitter feud even halted dividend ...
Posted: November 29, 2016, 4:00 pm

Russia's Alfa interested in buying Cukurova's Turkcell stake - sources

Turkcell has been hampered by a long running feud between three of its shareholders: Cukurova, owned by Turkcell founder Mehmet Emin Karamehmet, Russian billionaire Mikhail Fridman's Alfa Telecom and Sweden's Telia Company. Fridman's LetterOne indirectly ...
Posted: November 10, 2017, 10:25 am
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