Logo
SubscribeSign In
LeaderPortfolio
Billionaire Profile
Mustafa Latif Topbas
Global Rank
#3058

Image: Public domain | via Wikimedia Commons

Mustafa Latif Topbas

CEO, BİM Birleşik Mağazalar A.Ş.
TR
Real-Time Net Worth
$1.2B
As of December 2025
Age
81
Source
food, retail
Industry
fashion-retail
Citizenship
TR

Biography

Mustafa Latif Topbas, a prominent Turkish businessman, is the co-founder and CEO of BİM Birleşik Mağazalar A.Ş., Turkey's largest discount retailer. Born in 1944, Topbas began his career in the textile industry before co-founding BİM in 1994. His leadership has been instrumental in BİM's growth, with the company expanding to over 12,000 stores across Turkey, Morocco, and Egypt and generating approximately $16.91 billion USD in revenue in 2024. As of December 2025, his estimated net worth is $1.2 billion, primarily derived from his holdings in the retail and food sectors.

Wealth Over Time

In-Depth Profile

Early Life

Mustafa Latif Topbas was born in 1944 in Istanbul, Turkey. He began his career in 1961 at the family textile business, Bahariye Mensucat A.Ş., where he served as a partner and manager.

Rise to Success

Topbas played a pivotal role in the establishment of BİM (Birleşik Mağazalar A.Ş.) in 1994. Initially serving as the Vice Chairman of the Board, he later became the Chairman of the Board in 2005 and then the CEO in January 2010. Under his leadership, BİM expanded significantly, becoming Turkey's largest discount retailer. The company went public in 2005.

Key Business Strategies

BİM's core principle is to offer basic food items and consumer goods at affordable prices. BİM's strategy includes a limited product range and a focus on private-label brands. By the end of 2024, BİM had over 12,000 stores across Turkey, Morocco, and Egypt. The company's revenue exceeded $16.91 billion USD in 2024.

Philanthropy

Information on specific philanthropy amounts could not be found through the search.

Career Milestones

1961

Joined Bahariye Mensucat A.Ş.

Began career as partner and manager in family's textile business.

1994

Co-founded BİM

Played a key role in establishing BİM Birleşik Mağazalar A.Ş..

2005

Chairman of the Board, BİM

Became Chairman of the Board at BİM.

2010

CEO of BİM

Appointed CEO of BİM.

Philanthropy & Social Impact

Unknown

Unknown

Undisclosed

Unable to find specific details on the philanthropic activities undertaken.

Business Philosophy & Leadership

Notable Quotes

"Unable to find notable quotes."

Leadership Principles

Unknown

Unable to find information regarding leadership principles.

Controversies & Challenges

Unknown

Unknown

Unable to find any controversies associated with Mustafa Latif Topbaş.