7.Ferit Faik Sahenk
One of the wealthiest people in Turkey is Ferit Faik Sahenk.
Net Worth: $2.5 billion
Source: Banking, media
If in 2013 the billionaire was the richest man in Turkey, some important changes took place and in 2014 he only gets the 7th spot.
His fortune decreased from $3.4 billion to $2.5 billion. Richer than his sister, Ferit is the chairman of Dogus Holding, the firm which owns Garanti Bank.
Garanti Bank lost 40% of its value in 2013, so the billionaire’s fortune dropped by around $1 billion.