Billionaire Profile
Sezai Bacaksiz
Global Rank
#2112

Image: Public domain | via Wikimedia Commons

Sezai Bacaksiz

CEO, Limak Holding
TR
Real-Time Net Worth
$1.8B
As of December 2025
Age
76
Source
Diversified
Industry
diversified
Citizenship
TR

Biography

Sezai Bacaksiz, a prominent Turkish businessman, is recognized for his diversified wealth and significant contributions to the construction and energy sectors. Born in 1950, Bacaksiz co-founded Limak Holding in 1976, a conglomerate with interests in construction, energy, tourism, and cement. His career highlights include the strategic leadership of Limak Holding, overseeing major infrastructure projects, and expanding the company's presence both nationally and internationally. Bacaksiz's net worth is estimated at $1.8 billion, reflecting his successful career and strategic investments.

Wealth Over Time

In-Depth Profile

Early Life

Sezai Bacaksiz was born in Ankara, Turkey, in 1950. After completing his education in Ankara, he graduated from Gazi University with a degree in Mechanical Engineering. Bacaksız's early life and education laid the foundation for his future success in the business world.

Rise to Success

Bacaksiz co-founded Limak Holding in 1976 with his business partner, Nihat Ozdemir. Initially, Limak focused on construction projects, quickly establishing a reputation for delivering high-quality infrastructure. The company expanded its operations into energy, tourism, cement, and other sectors. Limak Holding has become one of Turkey's largest conglomerates, with projects spanning across multiple countries.

Key Business Strategies

Bacaksız's leadership has been pivotal in Limak's expansion. The company's strategy involves:

  • Diversification: Expanding into various sectors to mitigate risks and capitalize on different market opportunities.
  • Strategic Partnerships: Collaborating with other companies to undertake large-scale projects, such as the construction of Istanbul's new airport.
  • International Expansion: Taking on projects in multiple countries, including Kuwait, Kosovo, and Egypt, to grow the company's global footprint.

Philanthropy

Sezai Bacaksiz is known for supporting various social responsibility initiatives, focusing on education, healthcare, and community development. His philanthropic activities reflect a dedication to improving the quality of life in Turkey and beyond.

Career Milestones

1976

Co-founded Limak Construction

Established Limak Construction with Nihat Ozdemir, starting the journey in the construction sector.

Various

Expansion into New Sectors

Expanded Limak Holding's operations into energy, tourism, and cement, diversifying the business.

2011

Listed as a Billionaire

Listed as a billionaire by Forbes.

Philanthropy & Social Impact

Community Development

Support for Turkish Red Crescent

Undisclosed

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

Business Philosophy & Leadership

Leadership Principles

Strategic Vision

Demonstrates strategic vision in leading Limak Holding.

Execution of Large Projects

Focused on the successful execution of large and complex projects

Controversies & Challenges

2013

Involved in BOTAŞ Case

Received a 9 year and 2-month prison sentence related to involvement in a case with BOTAŞ.