Biography
Semahat Sevim Arsel, born in Ankara, Turkey, in 1928, is a prominent figure in Turkish business and philanthropy. As the eldest child of Vehbi Koç, the founder of Koç Holding, she inherited a significant stake in the conglomerate, establishing her as one of Turkey's wealthiest individuals. Her source of wealth is diversified, stemming primarily from her stake in Koç Holding, which operates across various industries including energy, automotive, and finance. Arsel has dedicated much of her life to philanthropic endeavors, particularly in healthcare and education. She is the founder of the Koç University School of Nursing and the president of the Vehbi Koç Foundation. With a current estimated net worth of $2.9 billion, Arsel continues to hold a significant position as a director on the Koç Holding board and chair of Setur, the group's tourism company, playing a vital role in the family business's strategic direction.