Billionaire Profile

Global Rank

#2474

Image: Public domain | via Wikimedia Commons

Ibrahim Erdemoglu

CEO, Merinos Carpet

Real-Time Net Worth

$2.2B

As of December 2025

Age

Source

Carpet

Industry

manufacturing

Citizenship

Biography

Ibrahim Erdemoglu, a prominent figure in the Turkish business landscape, is the Chairman of the Board of Directors of Erdemoglu Holding, a conglomerate with significant interests in carpet manufacturing and the textile industry. Born in 1962 in Besni, Turkey, Erdemoglu's career began in 1983 in the carpet business, following in the footsteps of his father. Through strategic acquisitions and innovative business practices, he transformed Merinos Carpet into a global leader and expanded the group's presence with the acquisition of Dinarsu Carpet and a major stake in SASA Polyester, a key supplier of materials used in carpet production. With a current net worth of $2.2 billion as of 2024, Erdemoglu is ranked among the wealthiest individuals in Turkey. His career is marked by significant achievements and an unwavering commitment to philanthropy, reflecting his dedication to contributing to the welfare of society.

Wealth Over Time

Portfolio Holdings

SASA Polyester

In-Depth Profile

Early Life

Ibrahim Erdemoglu was born in Besni, Adıyaman, Turkey, in 1962. He completed his primary, secondary, and high school education in Gaziantep.

Rise to Success

Erdemoglu began his career in the carpet trade in 1983 with a single loom, following in his father's footsteps. He founded Merinos Carpet in 1998, which grew to become a world leader in the area rug industry. In 2005, he acquired Dinarsu, a well-established wall-to-wall carpet brand. A pivotal move was the acquisition of a majority stake in SASA Polyester in 2015.

Key Business Strategies

Erdemoglu's business strategies included strategic acquisitions, particularly the acquisition of SASA Polyester. He also focused on innovation and expanding production facilities to meet global demand. The Erdemoglu Holding's investments in technology and infrastructure have played a key role in the company's success.

Philanthropy

Erdemoglu is committed to philanthropy, viewing wealth as a means to contribute to society's welfare. His initiatives include significant donations to education, health, and support for those in need.

Career Milestones

1983

Began career in carpet trade

Started working in the carpet business with a single loom.

1998

Founded Merinos Carpet

Established Merinos Carpet, which became a world leader in the area rug industry.

2005

Acquired Dinarsu

Took over Dinarsu, a well-established wall-to-wall carpet brand.

2015

Acquired a stake in SASA Polyester

Acquired a majority stake in SASA Polyester, a leading producer of materials used in carpet manufacturing.

Philanthropy & Social Impact

Disaster Relief

Support for Earthquake Victims

Undisclosed

Erdemoglu Holding built one thousand houses for earthquake victims.

Education

Education Initiatives

Undisclosed

Erdemoglu Holding has invested in schools, cultural centers, and student lodgings.

Business Philosophy & Leadership

Notable Quotes

""My biggest hobby is my job.""

Leadership Principles

Sharing Wealth

Erdemoglu believes in sharing wealth to contribute to the welfare of society.

Commitment to Education

Erdemoglu supports education and believes in its importance for socioeconomic development.