Billionaire Profile
S
Global Rank
#852

Image: Milliyet Gazetesi | Public domain | via Wikimedia Commons

Saban Cemil Kazanci

CEO, Energy
TURKEY
Real-Time Net Worth
$4.929B
Estimated based on Energy stock value as of March 6, 2026
+0.06% (24h)
Age
64
Source
Energy
Industry
Finance & Investments
Citizenship
TURKEY

Biography

Şaban Cemil Kazancı, a prominent Turkish businessman, is the Chairman and CEO of Kazancı Holding and Aksa Energy. Born in 1961 in Istanbul, he began his career in the family business, playing a key role in the expansion of the company, which evolved into Aksa Energy. Kazancı's main source of wealth comes from the energy sector, with a current net worth of $5.2 billion. He is known for his leadership in the energy industry and has been a key figure in the growth of Kazancı Holding, which operates in energy, agriculture, and tourism.

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

Wealth Over Time

In-Depth Profile

Early Life

Şaban Cemil Kazancı was born in Istanbul in 1961. He is the son of Ali Metin Kazancı, who founded the Watt Electric Motor Factory in 1968, the foundation of the Aksa companies. Kazancı's early career involved working within the family business, which specialized in generator production.

Rise to Success

Kazancı played a direct role in the expansion of the family company. He spearheaded the transformation of the family business into Aksa Energy in 1997. He currently serves as the chair of the executive board of both Kazancı Holding and Aksa Energy. Through his leadership, Kazancı Holding has grown to become a major player in the Turkish energy sector, with interests in electricity generation and distribution, natural gas distribution, and generator production. The holding has expanded into the tourism and agriculture sectors as well.

Key Business Strategies

Kazancı Holding, under Cemil Kazancı's leadership, has focused on vertical and horizontal restructuring, integrating various aspects of the energy value chain. The company expanded its operations across four continents and made sales to over 180 countries. Aksa Energy, a key part of the holding, generates electricity with an installed capacity exceeding 3,000 MW globally and has power plant investments in multiple countries. The holding's strategic investments also include agriculture and tourism, thereby generating added value for the Turkish economy.

Philanthropy

While specific details on Saban Cemil Kazanci's philanthropic efforts are difficult to ascertain from the available sources, Kazancı Holding is noted for its commitment to generating value for society in social, cultural, and environmental domains.

Career Milestones

1997

Founder of Aksa Energy

Played a crucial role in establishing Aksa Energy, expanding the group's activities in the energy field.

2005

Chairman of the Board of Aksa Enerji Uretim AS

Assumed the role of Chairman, providing strategic direction and leadership.

Controversies & Challenges

2025

Share Dispute

An internal conflict arose between Saban Cemil Kazanci and his brother Mehmet Kazanci over the control of the company, stemming from a share dispute.