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Billionaire Profile
Sezai Bacaksiz
Global Rank
#1971

Image: Unsplash Contributor | Unsplash License | via Unsplash

Sezai Bacaksiz

CEO, Diversified
TURKEY
Real-Time Net Worth
$2.141B
Estimated based on Diversified stock value as of April 20, 2026
0% (24h)
Age
76
Source
Diversified
Industry
Diversified
Citizenship
TURKEY

Biography

Sezai Bacaksiz, a prominent Turkish businessman and billionaire, is a key figure in the construction and energy sectors. Born in 1950, Bacaksiz co-founded Limak Holding in 1976, a diversified conglomerate. His net worth is estimated at $2.0 billion, making him a significant player in Turkey's economy. Bacaksiz's career has been marked by strategic leadership and significant achievements in infrastructure development, including the construction of major airports and involvement in energy projects. He has been recognized for his contributions to the Turkish business landscape.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Sezai Bacaksiz was born in 1950. He graduated from Gazi University's Faculty of Engineering with a degree in mechanical engineering. After graduation, he began his career at the same university as an assistant, alongside his close friend Nihat Özdemir.

Rise to Success

In 1976, Bacaksiz co-founded Limak Construction with Nihat Özdemir. Over time, Limak evolved into Limak Holding, a major Turkish conglomerate with operations in construction, energy, tourism, cement, and food. Bacaksiz has been instrumental in the company's growth, particularly in the construction of large-scale infrastructure projects, including airports, highways, and hydroelectric power plants.

Key Business Strategies

Bacaksiz's key business strategies have focused on diversification and strategic partnerships. Limak Holding expanded into various sectors, mitigating risks and creating multiple revenue streams. The company has also formed joint ventures for major projects, such as the construction of the Istanbul Airport. His focus on the energy sector, particularly hydroelectric power, has positioned Limak as a major electricity producer in Turkey.

Philanthropy

Sezai Bacaksiz is also known for his philanthropic efforts.

Career Milestones

1976

Co-founded Limak Construction

Established Limak Construction with Nihat Özdemir, which later became Limak Holding.

2011

Involved in Cairo Airport Renovation

Limak Construction won the bid for the renovation of Cairo Airport.

2013

Forbes recognition

Featured in Forbes' list of the 100 wealthiest Turks.

Philanthropy & Social Impact

Humanitarian Aid

Supports Turkish Red Crescent

Unknown

Supports Turkish Red Crescent's National Safe Blood Supply and Türkök projects.

Controversies & Challenges

Unknown

BOTAŞ Mavi Hat Case

Bacaksız received a 9-year, 2-month prison sentence in relation to the Mavi Hat case.

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