Billionaire Profile
Hamdi Ulukaya
Global Rank
#215

Image: Michael Gonda | CC BY-SA 3.0 | via Wikimedia Commons

Hamdi Ulukaya

CEO, Greek yogurt
TURKEY
Real-Time Net Worth
$13.5B
Estimated based on Greek yogurt stock value as of March 6, 2026
0% (24h)
Age
53
Source
Greek yogurt
Industry
Food & Beverage
Citizenship
TURKEY

Biography

Hamdi Ulukaya is a Turkish-American billionaire businessperson, philanthropist, and activist. He is best known as the founder, owner, chair, and CEO of Chobani, the top-selling Greek yogurt brand in the United States. Born in Turkey to a Kurdish dairy-farming family, Ulukaya immigrated to the U.S. in 1994 to study English and business. His career took off when he acquired a shuttered yogurt plant in upstate New York in 2005, which he transformed into the Chobani empire. Ulukaya's leadership extends beyond business. He is a strong advocate for social justice and has committed a significant portion of his wealth to philanthropic causes.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Hamdi Ulukaya was born in 1972 in İliç, Erzincan Province, Turkey, to a Kurdish dairy-farming family. Growing up, he was involved in the family business, which involved raising sheep. He later studied political science at Ankara University before immigrating to the United States in 1994 to study English.

Rise to Success

In 2005, Ulukaya purchased a defunct yogurt factory in South Edmeston, New York, with a loan from the Small Business Administration. He spent 18 months perfecting his yogurt recipe, inspired by his heritage. In 2007, he launched Chobani Greek Yogurt, which quickly gained popularity for its thick texture and high protein content. The company experienced rapid growth, becoming the top-selling Greek yogurt brand in the U.S. by 2011.

Key Business Strategies

Ulukaya's success can be attributed to several key strategies. He used innovative marketing, such as in-store samples and social media, to grow the Chobani brand. Chobani also focused on quality and built its own facilities. Ulukaya also implemented employee-first policies, including profit-sharing and paid parental leave.

Philanthropy

Hamdi Ulukaya is known for his philanthropic efforts. He signed The Giving Pledge, committing to donate the majority of his wealth. He founded the Tent Partnership for Refugees in 2016, a global initiative that helps businesses hire and support refugees.

Career Milestones

2005

Purchased Yogurt Factory

Ulukaya bought a closed yogurt factory in New Berlin, New York, marking the beginning of Chobani.

2007

Launched Chobani

Chobani Greek Yogurt was launched.

2011

Top-Selling Greek Yogurt

Chobani became the top-selling Greek yogurt brand in the U.S..

2013

Entrepreneur of the Year

Ulukaya was named Ernst & Young World Entrepreneur Of The Year.

2016

Tent Partnership for Refugees

Launched the Tent Partnership for Refugees.

2017

Named to TIME 100

Ulukaya was named to Time Magazine's 100 Most Influential People.

Philanthropy & Social Impact

Refugee Support

The Giving Pledge

Most of his wealth

Committed the majority of his personal wealth to help refugees and humanitarian causes.

Refugee Support

Tent Partnership for Refugees

Undisclosed

Founded in 2016 to help businesses hire and support refugees.

General Philanthropy

Chobani Foundation

10% of profits

Gives 10% of Chobani's profits to charitable causes

Disaster Relief

Donations to Turkey/Syria Earthquake Relief

$2M

Donated $2 million to help residents of Turkey and Syria after the 2023 earthquake.

Business Philosophy & Leadership

Notable Quotes

"“The minute a refugee gets a job is the minute they stop being a refugee.”"

"I dedicate my signing of the Giving Pledge to my mother and I am publicly committing the majority of my personal wealth—along with everything else I can do—to help refugees and help bring an end to this humanitarian crisis. I believe that as people who have been blessed with opportunity in our own lives we must give hope to others.""

Leadership Principles

Employee-First Policies

Ulukaya is known for his employee-first policies, which include competitive wages, profit sharing, and paid parental leave.

Community Focus

He believes in the importance of giving back to the community and supporting refugees.

Innovation

Encourages finding solutions to challenges and making things better.

Controversies & Challenges

2012

Lawsuit from ex-wife

Ulukaya's ex-wife sued him for a 53% stake in Chobani, which was settled for an undisclosed amount.

2025

Fenerbahçe Sponsorship Backlash

Ulukaya's sponsorship of the Fenerbahçe football team in Turkey sparked controversy due to his Kurdish background and political statements.