Billionaire Profile
M
Global Rank
#1621

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
$2.606B
Estimated based on Construction stock value as of April 20, 2026
-1.05% (24h)
Age
67
Source
Construction
Industry
Construction & Engineering
Citizenship
TURKEY

Biography

Mehmet Sinan Tara is a prominent Turkish businessman, currently holding the position of Chairman of the Board at ENKA İnşaat ve Sanayi A.Ş., one of Turkey's largest construction and energy companies. Born in Istanbul in 1958, Tara's career has been deeply rooted in the construction industry, taking over the management of ENKA in 1984. His net worth, as of December 2024, is estimated to be $2.4 billion, primarily derived from his significant stake in ENKA. His leadership has been instrumental in ENKA's success, guiding the company through various projects globally and solidifying its position in the construction-engineering sector.

Fact Checked
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Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Mehmet Sinan Tara was born in Istanbul, Turkey, in 1958. He graduated from ETH Zurich, Department of Civil Engineering, with a Bachelor of Science degree (BSc.) in 1980 and completed his Master of Business Administration (MBA) at Stanford University in 1983. Tara's educational background provided a strong foundation for his future career in the construction industry.

Rise to Success

Tara joined ENKA in 1980 and began his career as a field engineer in Saudi Arabia. He steadily progressed through various departments and projects within the company, gaining experience in finance, energy investments, construction, and project financing. In 1984, he took over the role of General Manager, Board Member, and Managing Director of ENKA İnşaat ve Sanayi A.Ş. His leadership skills and strategic vision were crucial in driving ENKA's growth and expansion, and in 1994, he became the Chairman of the Board of Directors of ENKA İnşaat ve Sanayi A.Ş., a position he still holds today.

Key Business Strategies

Under Mehmet Sinan Tara's leadership, ENKA has undertaken a number of key business strategies. The company has been involved in many projects globally, including the construction of U.S. embassy buildings. ENKA's operations also extend into real estate, tourism, transport, and trade. ENKA also has significant investments in commercial real estate. Tara's commitment to excellence and innovation has been a key driver in ENKA's ability to compete in the global market, and his focus on building long-term partnerships has helped to secure the company's position.

Philanthropy

Information on Mehmet Sinan Tara's specific philanthropic initiatives is not readily available. However, he is actively involved in several non-governmental organizations, including the High Advisory Council of the Turkish Industry & Business Association (TÜSİAD) and the Turkish Contractors Association.

Career Milestones

1980

Joined ENKA

Began his career at ENKA as a field engineer.

1984

General Manager of ENKA

Appointed General Manager, Board Member, and Managing Director of Enka İnşaat ve Sanayi A.Ş.

1994

Chairman of the Board of Directors of ENKA

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