Şevket Sabancı

Şevket Sabancı
Born1936 (1936)
Akçakaya Village, Kayseri Province, Turkey
Died(2021-07-22)22 July 2021 (aged 85)
Turkey
CitizenshipTurkey
EducationTextile engineering, University of Manchester Institute of Science and Technology
Organization(s)Sabancı Holding, Esas Holding
Notable workHaci Omer Sabanci Foundation, Sabancı Holding, Sabancı University, Esas Holding
SpouseHayırlı Zerrin Sabanci
Children3, including Emine Sabancı Kamışlı and Ali İhsan Sabancı
Parent(s)Hacı Ömer Sabancı
Sadıka Sabancı

Şevket Sabancı (1936 – 22 July 2021) was a Turkish billionaire businessman and philanthropist, and a second-generation member of the Sabancı family.

Biography

He was born 1936 in Kayseri, Turkey, as the fourth son of Hacı Ömer Sabancı, a self-made wealthy trader, and Sadıka. Şevket was educated in textile engineering at the University of Manchester Institute of Science and Technology (UMIST) in England. Returning home, he worked at managerial positions in a number of textile companies owned by his family. After 1980, he went abroad to represent Sabancı Holding. In 2000 Şevket Sabancı founded Esas Holding, which is today the largest alternative investment firm in Turkey, managing close to $10 billion.

Şevket Sabancı was also a founding member of the Sabancı Foundation VakSA.

He was married to Hayırlı Zerrin, with whom he has two daughters Emine Kamışlı, Sadıka Sabancı, and a son Ali Sabancı.

He died at the age of 85 on 22 July 2021.[1]

Esas Holding

Esas Holding, Sabancı's family office, was founded in 2000, and is led by his daughter Emine Sabancı Kamışlı and son Ali Sabanci, with H. Çağatay Özdoğru as chief executive officer since 2010.[2][3] As of 2021, total assets under management are estimated at $10 billion.[4]

Esas Holding is based in Istanbul,[5] Turkey with an additional office in London.

References

  1. ↑ "Turkish billionaire businessman Şevket Sabancı dies aged 85". Ahval. 22 July 2021. Retrieved 22 July 2021.
  2. ↑ "ESAS – Turkey's Largest Family Office". Tharawat Magazine. 9 May 2016.
  3. ↑ "Esas Holding'de devir teslim". BT Haber (in Turkish). January 2020.
  4. ↑ "ESAS HOLDİNG - ESAS HOLDİNG". Esas.com.tr. Retrieved 25 February 2019.
  5. ↑ Ram, Aliya (4 April 2016). "South Korea cinema operator buys Turkey's Mars chain". Financial Times. Archived from the original on 11 December 2022. Retrieved 25 February 2019.
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