Billionaire Profile
M
Global Rank
#1757

Image: Foaia populară staff; scan by Biblioteca Metropolitană București | Public domain | via Wikimedia Commons

Mehmet Sinan & Family Tara

CEO, Construction
TURKEY
Real-Time Net Worth
$2.339B
Estimated based on Construction stock value as of March 6, 2026
+0.15% (24h)
Age
67
Source
Construction
Industry
Construction & Engineering
Citizenship
TURKEY

Biography

Mehmet Sinan Tara, born in 1958, is a prominent Turkish businessman, currently serving as the Chairman of the Board for ENKA, a leading construction and energy company. With an estimated net worth of $3.7 billion, he is a key figure in the Turkish business landscape. His wealth stems from his leadership at ENKA, which operates in construction, energy production, real estate, and trade. Tara's career began in 1980 at ENKA, and he took over the management of the company in 1984. He is also a member of TÜSİAD and the Turkish Contractors Association.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Mehmet Sinan Tara was born in Istanbul in 1958. He is the son of Şarık Tara, one of the founders of ENKA Holding. After completing his secondary education at the German High School, he pursued a degree in civil engineering at ETH Zurich. He furthered his education by obtaining an MBA from Stanford University.

Rise to Success

Tara joined ENKA in 1980 as a field engineer. He worked in various departments and projects within the company, including finance, energy investments, construction, and project financing. In 1984, he became the General Manager, Board Member, and Managing Director of ENKA İnşaat ve Sanayi A.Ş.. He was appointed Chairman of the Board of Directors in 1994, a position he continues to hold. Under his leadership, ENKA has expanded its global presence and diversified its business interests.

Key Business Strategies

Under Mehmet Sinan Tara's guidance, ENKA has focused on strategic investments and operational excellence. The company has undertaken large-scale projects worldwide, including power plants, petrochemical facilities, and infrastructure developments. ENKA has also become a major player in the real estate sector, particularly in Russia, where it owns numerous commercial properties. The company's focus on construction of U.S. embassy buildings has also contributed significantly to its revenue.

Philanthropy

Information regarding Mehmet Sinan Tara's specific philanthropic initiatives and donations is limited in the search results. However, his father, Şarık Tara, was known for his philanthropic activities, including establishing the Enka Foundation, which supports various social responsibility projects.

Career Milestones

1980

Joined ENKA

Began career at ENKA as a field engineer.

1984

General Manager, Board Member, and Managing Director of ENKA

Assumed leadership roles within ENKA İnşaat ve Sanayi A.Ş.

1994

Chairman of the Board of Directors of ENKA

Became Chairman of the Board, a position he still holds.