The Sabancı family is a family of Turkish businesspeople founded by Hacı Ömer Sabancı, a wealthy trader. Some second and third generation members of the family control today a group of Turkish companies that were established mostly by the efforts of his son Sakıp Sabancı.[1] After the death of Sakıp Sabancı, also known as Sakip Aga, in 2004, the granddaughter of the founder, Güler Sabancı, was chosen to run Sabancı Holding.[2]
The Sabancı (and Koç) family,[3][4][5] took part in takeovers of old Armenian minority-run ventures, which were encouraged by the government.[6][7]
In 2004, Forbes magazine ranked the family as the 147th richest in the world, and valued the family's assets at $3.2 billion.[1]
See also
References
- ^ a b "Sakip Sabanci, 71, Businessman". The New York Times. 13 April 2004. p. 15. Retrieved 9 May 2013.
- ^ "Güler Sabancı dönemi". Radikal (in Turkish). 19 May 2004. Retrieved 9 May 2013.
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: CS1 maint: unrecognized language (link) - ^ Geoffrey Jones: Entrepreneurship and Multinationals: Global Business and the Making of the Modern World. Edward Elgar Pub, 2013. p. 35
- ^ Ozkoray, Erol (3/29/2010). "Why Is the Armenian Genocide Still a Taboo?". Hetq.
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(help) - ^ Acemoglu, Murat (17 February 2001). "Setting New Agendas for Turkish-Armenian Relations". Armenian Reporter.
Wealthy magnates like Vehbi Koc, according to available information, accumulated their wealth from abandoned Armenian properties.
- ^ Sidney E.P. Nowill: Constantinople and Istanbul: 72 Years of Life in Turkey. Troubador Publishing, 2011. p. 77
- ^ Ayse Bugra: State and Business in Modern Turkey. A Comparative Study. SUNY Press, 1994. p. 82