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

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Mustafa Rahmi Koc Latest News

Mustafa Koc, head of Turkey's top industrial group, dies

ISTANBUL – A hospital has announced that Mustafa Koc, the chairman of Turkey's top industrial conglomerate ... He took over the company from his father Rahmi Koc, the 84-year-old patriarch of the Koc family — one of Turkey's wealthiest.
Posted: January 20, 2016, 9:00 pm

Fortune 500 Turkish Conglomerate shows interest in Sri Lanka

Koc Holdings is the largest business conglomerate in Turkey, accounting for no less than 11 percent of total Turkish exports and around 10 percent of Turkey’s total GDP. The conglomerate’s iconic Chairman Rahmi Mustafa Koc was in Sri Lanka recently and ...
Posted: December 11, 2013, 2:25 pm

Mustafa Koc, Turkey’s beloved businessman

So it was a smart move for Koc’s father, Rahmi, to hand control of the company to his son in 2003, the year Erdogan became prime minister. Mustafa Koc could deal with the new leaders with less personal baggage than his father or Aydin Dogan, who kept ...
Posted: February 1, 2016, 10:53 am
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