Billionaire Profile
Mehmet Sinan & Family Tara
Global Rank
#1307

Image: Public domain | via Wikimedia Commons

Mehmet Sinan & Family Tara

CEO, ENKA İnşaat ve Sanayi A.Ş.
TR
Real-Time Net Worth
$3.1B
As of December 2025
Age
67
Source
Construction
Industry
construction-engineering
Citizenship
TR

Biography

Mehmet Sinan Tara, born in 1958, is the Chairman of ENKA İnşaat ve Sanayi A.Ş., one of Turkey's largest construction and energy companies. He took over the management of ENKA in 1984, after the death of his uncle, and later his father, Şarık Tara. Tara's wealth originates from the construction sector, with ENKA operating globally in construction, energy, real estate, tourism, and trade. His career has been marked by significant achievements, including expanding ENKA's international presence and overseeing major projects worldwide. As of 2024, his net worth is estimated at $3.1 billion.

Wealth Over Time

In-Depth Profile

Early Life

Mehmet Sinan Tara was born in Istanbul in 1958. He is the son of Lale and Şarık Tara, the founder of ENKA Holding. Sinan Tara attended the German High School in Istanbul and later pursued higher education in Switzerland and the United States. He graduated from ETH Zurich with a degree in civil engineering in 1980. He also earned an MBA from Stanford University in 1983.

Rise to Success

Sinan Tara joined ENKA in 1980, initially working as a field engineer in Saudi Arabia. He gained experience in various departments and projects, including finance and energy investments. In 1984, he took over the management of ENKA. Under his leadership, ENKA expanded its operations globally and undertook numerous large-scale projects. In 1994, he became the Chairman of the Board of Directors of Enka İnşaat ve Sanayi A.Ş.. His son, Agah Mehmet Tara, became CEO in 2012.

Key Business Strategies

ENKA's key strategies include a focus on engineering and construction, power generation, real estate, and trading. The company has built a strong global presence, consistently ranking among the top international contractors. The company also expanded its investments and project portfolio to include renewable energy ventures.

Philanthropy

Mehmet Sinan Tara is involved in social responsibility projects through the Enka Foundation. The Enka Foundation supports the Enka Sports Club and Enka schools.

Career Milestones

1980

Joined ENKA

Began working as a field engineer at ENKA's jobsite in Saudi Arabia.

1984

Took over Management of ENKA

Became General Manager of Enka İnşaat ve Sanayi A.Ş..

1994

Chairman of the Board

Became Chairman of the Board of Directors of Enka İnşaat ve Sanayi A.Ş..

2012

Son Became CEO

His son, Agah Mehmet Tara, became CEO of ENKA.

Philanthropy & Social Impact

Education and Sports

Enka Foundation

Undisclosed

Supports the Enka Sports Club and Enka schools.