Billionaire Profile
Murat Ulker
Global Rank
#808

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

Murat Ulker

CEO, Food
TURKEY
Real-Time Net Worth
$5.223B
Estimated based on Food stock value as of March 6, 2026
-0.04% (24h)
Age
66
Source
Food
Industry
Food & Beverage
Citizenship
TURKEY

Biography

Murat Ülker is a prominent Turkish businessman and the Chairman of Yıldız Holding, one of the largest food companies in the CEEMEA region. Born in Istanbul on March 21, 1959, Ülker has transformed Yıldız Holding into a global powerhouse. His career is marked by strategic acquisitions, including Godiva Chocolatier and United Biscuits, and a commitment to innovation and expansion. Ülker's leadership style emphasizes collaboration and creating a positive impact through sustainable practices. He is known for his interest in art and philanthropy, including contributions to Harvard University. As of April 2025, he is the richest person in Turkey with a net worth of $5.5 billion.

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

Wealth Over Time

In-Depth Profile

Early Life

Murat Ülker was born in Istanbul, Turkey, on March 21, 1959. He is the son of Sabri Ülker, the founder of Ülker Holding. He attended İstanbul Erkek Lisesi and graduated from Boğaziçi University with a degree in business administration. He furthered his education with studies at the American Institute of Baking (AIB) and the Zentralfachschule der Deutschen Süßwarenwirtschaft (ZDS) and trained at the Continental Baking Company in the United States.

Rise to Success

Ülker began his career at Ülker Group, part of Yıldız Holding, in 1984 as a control coordinator. He rose through the ranks, becoming assistant general manager and later general manager. In 2000, he became the CEO of Yıldız Holding and then became its chairman in 2008. Under his leadership, Yıldız Holding made significant acquisitions, including Godiva Chocolatier in 2008 and United Biscuits in 2014. In 2016, Yıldız formed a new global business, pladis, by combining Ülker, United Biscuits, and DeMet's Candy Company. He was named the richest businessman in Turkey in 2018. As of April 2025, he is the richest person in Turkey.

Key Business Strategies

Murat Ülker has focused on strategic acquisitions and diversification, expanding Yıldız Holding's global footprint. Key moves include acquiring Godiva and United Biscuits. He emphasized a collaborative leadership style and focused on sustainability and corporate social responsibility. Under his leadership, the company has expanded into new markets. In 2020, he handed over the chairmanship of Yildiz to his nephew Ali Ulker.

Philanthropy

The Ülker family established the Sabri Ülker Foundation in 2009, focusing on public health related to food and nutrition. In 2014, they contributed $24 million to Harvard University to establish The Sabri Ülker Center for Nutrient, Genetic, and Metabolic Research.

Career Milestones

1984

Joined Ülker Group

Started as a control coordinator at the Ülker Group, part of Yıldız Holding.

2000

CEO of Yıldız Holding

Became CEO of Yıldız Holding.

2008

Chairman of Yıldız Holding

Became the Chairman of Yıldız Holding, expanding the company through acquisitions.

2014

Acquisition of United Biscuits

Yıldız Holding acquired United Biscuits.

2020

Handed over Chairmanship

Handed over the chairmanship of Yildiz to his nephew Ali Ulker.

Philanthropy & Social Impact

Public Health

Sabri Ülker Foundation

$24M

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

Education

Harvard University Donation

$24M

Contributed $24 million to Harvard University 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."

Leadership Principles

Collaboration

Encourages open communication and values team input.

Sustainability and CSR

Focuses on making a positive impact on society.

Innovation

Committed to expanding Yıldız Holding into a global brand.

Controversies & Challenges

2017

TV Commercial Investigation

Yıldız Holding was investigated over a TV commercial that was falsely interpreted as containing subliminal pro-coup messages.

2025

Allegations of Unsafe Products

Facing criticism for allegedly using low-quality food products with increased chemical additives, raising public health concerns.