Billionaire Profile
Murat Ulker
Global Rank
#816

Image: Osmanerken | CC BY-SA 4.0 | via Wikimedia Commons

Murat Ulker

CEO, Food
TURKEY
Real-Time Net Worth
$5.282B
Estimated based on Food stock value as of April 20, 2026
-0.16% (24h)
Age
67
Source
Food
Industry
Food & Beverage
Citizenship
TURKEY

Biography

Murat Ulker is a prominent Turkish billionaire and businessman, currently ranked #806 on Forbes' 2026 Billionaires list. His primary source of wealth is the food industry, stemming from his leadership of Yildiz Holding, one of the largest food and beverage conglomerates in the CEEMEA region. Ulker's career began in 1984 within the Ulker Group. He rose through the ranks, becoming CEO of Yildiz Holding in 2000 and chairman in 2008. Under his guidance, Yildiz Holding expanded significantly through strategic acquisitions, including Godiva Chocolatier in 2008 and United Biscuits in 2014. He is known for his commitment to philanthropy and has supported various initiatives in the areas of health and education. As of 2024, his estimated net worth is $5.3 Billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Murat Ülker was born on March 21, 1959, in Istanbul, Turkey. He attended İstanbul Erkek Lisesi and later earned a degree in business administration from Boğaziçi University. To further his education, he studied at the American Institute of Baking (AIB) and Zentralfachschule der Deutschen Süßwarenwirtschaft (ZDS). He also gained experience through an internship at Continental Baking Company in the United States. His family has Crimean Tatar roots, migrating to Turkey in 1929.

Rise to Success

Ülker joined the Ülker Group in 1984 as a control coordinator, quickly advancing to assistant general manager and later general manager. In 2000, he became the CEO of Yıldız Holding and, in 2008, assumed the role of chairman. Under his leadership, Yıldız Holding expanded through strategic acquisitions, including Godiva Chocolatier in 2008 and United Biscuits in 2014. In 2016, he spearheaded the creation of pladis, a global business consolidating Ülker, United Biscuits, and DeMet's Candy Company.

Key Business Strategies

Key business strategies included international expansion through acquisitions, particularly in the biscuit and confectionery sectors. He focused on creating a global structure and expanding the company's reach. He also oversaw the sale of parts of Godiva's Asia-Pacific business to MBK Partners. Ulker has also invested in technology and innovation, launching over 250 new products over five years.

Philanthropy

Ülker established the Sabri Ulker Foundation in 2009 to support public health initiatives in food and nutrition. In 2014, the Ulker family donated $24 million to Harvard University.

Career Milestones

1984

Joined Ulker Group

Began career as a control coordinator.

2000

CEO of Yildiz Holding

Became CEO of Yıldız Holding.

2008

Chairman of Yildiz Holding

Became Chairman of Yıldız Holding.

2014

Acquired United Biscuits

Yıldız Holding acquired United Biscuits.

2016

Established pladis

Formed pladis, a new global business.

2020

Stepped down as Chairman

Handed over the chairmanship of Yıldız Holding to his nephew, Ali Ulker, while remaining on the board.

Philanthropy & Social Impact

Health and Nutrition

Sabri Ulker Foundation

$XB

Established to contribute to public health in the areas of food and nutrition.

Education and Research

Harvard University Donation

$24M

Contributed to establish the Sabri Ülker Center for Nutrient, Genetic, and Metabolic Research.

Business Philosophy & Leadership

Notable Quotes

"My name is Murat; I don't need any other title."

"Thank God. I am grateful."

Leadership Principles

Innovation

Follows and embraces new developments in both his personal and professional life.

Global Vision

Expanded the company's international presence through strategic acquisitions and forming Pladis.

Commitment to Family and Heritage

Building on his father's legacy and remaining rooted in Turkish business while expanding globally.

Controversies & Challenges

2016

Sale of Ülker stake to UK subsidiary

Sold a 21% stake in Ülker to Pladis Foods Limited, a UK-based subsidiary, amidst concerns about a government crackdown and potential links to the Gülen movement.

2018

Debt restructuring

Yıldız Holding restructured its debts.