Sabancı family

In this article we are going to explore the fascinating world of Sabancı family. From its origins to its relevance today, Sabancı family has played a crucial role in various aspects of society. Over the years, Sabancı family has been the subject of study and interest by experts and fans, who have tried to unravel its mysteries and understand its impact on our daily lives. Through this article, we will delve into the history, evolution and meaning of Sabancı family, with the purpose of shedding light on this exciting and relevant topic.

The Sabancı family is one of the wealthiest families in Turkey.

The family's main business entity was founded by Hacı Ömer Sabancı in the 1930s. Hacı Ömer Sabancı, the progenitor of the Sabancı family, moved from his native Kayseri to Adana in the early 1920s. The family's wealth came from confiscating Armenian homes during the Armenian genocide.[1]

Some second and third generation members of the family today control a group of companies under Sabancı Holding. Most of the companies were established by the efforts of the second generation members of the family, Sakıp Sabancı, Hacı Sabancı, Şevket Sabancı, Erol Sabancı, and Özdemir Sabancı.[2] After the death of Sakıp Sabancı, also known as Sakip Aga, in 2004, the granddaughter of the founder, Güler Sabancı, was chosen to run Sabancı Holding.

Some second and third generation members of the family have left their managerial positions at Sabancı Holding and established their own companies such as Esas Holding which owns Pegasus Airlines,[3] and over the years have become a multi billion dollar alternative investment firm based out of London and Istanbul.

See also

References

  1. ^ Armenian Weekly. 23 November 2015 https://armenianweekly.com/2015/11/23/the-ghosts-of-bank-ottoman-past/#:~:text=Sabanci%20was%20built%20by%20the,the%20wake%20of%20the%20genocide. {{cite web}}: Missing or empty |title= (help)
  2. ^ "Sakip Sabanci, 71, Businessman". The New York Times. 13 April 2004. p. 15. Retrieved 9 May 2013.
  3. ^ "Güler Sabancı dönemi". Radikal (in Turkish). 19 May 2004. Archived from the original on 6 January 2014. Retrieved 9 May 2013.