Billionaire Profile
Sefik Yilmaz Dizdar
Global Rank
#2039

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Sefik Yilmaz Dizdar

CEO, Fashion retail
TURKEY
Real-Time Net Worth
$2.001B
Estimated based on Fashion retail stock value as of March 6, 2026
0% (24h)
Age
87
Source
Fashion retail
Industry
Fashion & Retail
Citizenship
TURKEY

Biography

Sefik Yilmaz Dizdar is a prominent Turkish businessman and billionaire, primarily known for his significant role in the fashion retail industry. Born in 1938, Dizdar co-owns LC Waikiki, a leading Turkish clothing and homeware retailer with a global presence. His source of wealth stems from his partnership in LC Waikiki, which has over 1300 stores in 59 countries. Dizdar's career began with roles in the iron and steel industry before transitioning into textiles and fashion retail. As of February 2026, his estimated net worth is $1.6 billion, placing him among the wealthiest individuals in Turkey. He is married and resides in Istanbul, Turkey, and is also involved in social responsibility projects.

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

Wealth Over Time

In-Depth Profile

Early Life

Sefik Yilmaz Dizdar was born in 1938 in Safranbolu, Turkey. He completed his education at the İzmir Economy and Commerce Academy. His early career involved working in the iron and steel industry at Karabük Demir Çelik Fabrikası.

Rise to Success

Dizdar's entrepreneurial journey took a significant turn when he entered the textile industry. In 1997, along with partner Mustafa Küçük, he invested in LC Waikiki. The company, founded in France, and later acquired by Turkish partners, grew to become Turkey's largest fashion retailer. Dizdar and Küçük's vision led to the expansion of LC Waikiki, establishing a significant global presence with over 1,300 stores in 59 countries. The company's success is rooted in its business model focusing on affordability and high quality.

Key Business Strategies

LC Waikiki's success can be attributed to several key business strategies. The company's motto, "Everyone deserves to dress well," reflects its commitment to providing accessible fashion. Dizdar's disciplined approach to business, combined with a focus on expanding into international markets, helped LC Waikiki achieve its status. The brand has accelerated its digital transformation and invested in e-commerce and automated logistics to support global expansion.

Philanthropy

Sefik Yilmaz Dizdar is involved in philanthropic activities, particularly in his hometown of Safranbolu, where he serves as the chairman of the Safranbolu Culture and Tourism Foundation. He has supported several social responsibility projects.

Career Milestones

1938

Birth

Born in Safranbolu, Karabük, Turkey.

1958

Education

Began studies at the İzmir İktisadi ve Ticari İlimler Akademisi.

1961-1979

Career at Karabük Demir Çelik

Worked in various positions at Karabük Demir Çelik Works.

1997

LC Waikiki Acquisition

Partnered with Mustafa Küçük to acquire LC Waikiki, a fashion retail company.

2005

Vision Loss

Retired from active business life due to vision loss, but remained active in social projects.

Philanthropy & Social Impact

Culture & Tourism

Safranbolu Culture and Tourism Foundation

Unknown

Serves as Chairman