Hamdi Ulukaya

About Hamdi Ulukaya

Who is it?: Founder and CEO, Chobani
Birth Day: October 26, 1972
Birth Place: Norwich, New York, Turkey
Birth Sign: Scorpio
Residence: New Berlin, New York, United States
Alma mater: University at Albany Ankara University
Occupation: Founder & CEO of Chobani
Spouse(s): Louise Vongerichten

Hamdi Ulukaya Net Worth

Hamdi Ulukaya was bornon October 26, 1972 in Norwich, New York, Turkey, is Founder and CEO, Chobani. Yogurt Turkish immigrant popularized Greek yogurt in the U.S. Started in an old Kraft factory, his Chobani yogurt eventually took off, and today the company is raking in $1 billion in sales per year. Ulukaya gave away a tenth of Chobani's equity to his workers and is actively hiring refugees.
Hamdi Ulukaya is a member of Food and Beverage

💰 Net worth: $1.76 Billion (Updated at 22 June 2018)

2013 $1.1 Billion
2014 $1.4 Billion
2015 $1.35 Billion
2016 $1.8 Billion
2017 $1.7 Billion
2018 $1.79 Billion

Hamdi Ulukaya Instagram (@hamdi.ulukaya)

more than half the world's refugees are children. when you look into little girls eyes, you hear unspoken words.. "tell me it's going to be ok" on each of us to decide how we will respond to her. #dayofthegirl

more than half the world's refugees are children. when you look into little girls eyes, you hear unspoken words.. "tell me it's going to be ok" 
on each of us to decide how we will respond to her. #dayofthegirl
❤️ 3,027 🕑 11 October, 14:07

the private sector is now the most effective changemaker. period. we can improve lives & livelihoods for world's #refugees..it's on us to return hope, dignity & human spirit thanks Jim Yong Kim, Kelly T Clements, @david.miliband & @BettyWLiu for joining special #TentPartnership event

the private sector is now the most effective changemaker. period. we can improve lives & livelihoods for world's #refugees..it's on us to return hope, dignity & human spirit

thanks Jim Yong Kim, Kelly T Clements, @david.miliband & @BettyWLiu for joining special #TentPartnership event
❤️ 1,522 🕑 25 September, 16:44

thank you for this honor, @AtlanticCouncil & @ambassadorpower. grateful the work is being recognized, but nothing to celebrate..not yet. not when 25 million refugees need our help if we can't help them it's not a failure of their humanity. it's a failure of ours. #ACawards

thank you for this honor, @AtlanticCouncil & @ambassadorpower. grateful the work is being recognized, but nothing to celebrate..not yet. not when 25 million refugees need our help

if we can't help them it's not a failure of their humanity. it's a failure of ours. #ACawards
❤️ 1,814 🕑 25 September, 00:51

And then there is idaho..magic of the West

And then there is idaho..magic of the West
❤️ 2,525 🕑 21 hours ago

how we lead & act as companies matters.. needs to be real, has to be human.. focus of business must expand beyond profit/shareholder to include return for employees, for families & communities.. thanks @karaswisher, @recode for sharing our story #codecommerce

how we lead & act as companies matters.. needs to be real, has to be human.. focus of business must expand beyond profit/shareholder to include return for employees, for families & communities.. thanks @karaswisher, @recode for sharing our story #codecommerce
❤️ 1,568 🕑 18 September, 18:54

w my brothers @todd_carmichael and @jp_iberti, founders at @lacolombecoffee.. proud to be part of this amazing journey

w my brothers @todd_carmichael and @jp_iberti, founders at @lacolombecoffee.. proud to be part of this amazing journey
❤️ 1,712 🕑 17 September, 22:56

billion is a big number. 100 is a big number. 10 is a big number. all the same, just add zeroes.. very proud to begin new @chobani incubator journey, startup founder to startup founder @havenskitchensauces @ithacacoldcrafted @matchabar @myteasquares @partakefoods @gosupernatural

billion is a big number. 100 is a big number. 10 is a big number. all the same, just add zeroes.. very proud to begin new @chobani incubator journey, startup founder to startup founder
@havenskitchensauces 
@ithacacoldcrafted
@matchabar 
@myteasquares 
@partakefoods
@gosupernatural
❤️ 1,844 🕑 17 September, 18:07

first @chobani shipments to fuel heroes preparing for #HurricaneFlorence at @americanredcross HQ. thinking of our family, friends, partners and responders in region.. Stay safe !! We’ll be with you

first @chobani shipments to fuel heroes preparing for #HurricaneFlorence at @americanredcross HQ. thinking of our family, friends, partners and responders in region.. Stay safe !! We’ll be with you
❤️ 1,839 🕑 13 September, 22:06

Louise, you made me luckiest and happiest man alive.. You are my life.

Louise, you made me luckiest and happiest man alive.. You are my life.
❤️ 5,715 🕑 28 August, 13:21

thousands call @chobani home..but this community goes far beyond plant walls..& its growing every day one tribe, one team, one awesome Family Day!!

thousands call @chobani home..but this community goes far beyond plant walls..& its growing every day

one tribe, one team, one awesome Family Day!!
❤️ 1,250 🕑 7 August, 13:31

inspires us, teaches us that each moment counts..every voice has value, every action matters on us all to take that first step for our childrens futures.. #MandelaDay #BeTheLegacy

inspires us, teaches us that each moment counts..every voice has value, every action matters

on us all to take that first step for our childrens futures.. #MandelaDay #BeTheLegacy
❤️ 901 🕑 18 July, 14:32

‪when we think the next mountain is too high. when we ask how are we going to get there? we focus on each step ‬ ‪ we respect each other, accept each other & have each others back.. and we keep climbing together!! @chobani ‬

‪when we think the next mountain is too high. when we ask how are we going to get there? we focus on each step ‬ ‪

we respect each other, accept each other & have each others back.. and we keep climbing together!! @chobani ‬
❤️ 1,337 🕑 13 July, 19:08

Biography/Timeline

1972

Hamdi Ulukaya was born in 1972 to a Kurdish family in Turkey. His family owned and operated a sheep, goat, and dairy farm near the Euphrates River in İliç, Erzincan Province, where they made cheese and yogurt. The family often led a seasonally semi-nomadic existence tending and herding their flocks. Ulukaya is uncertain of his exact birth date because he was born during one of the family's mountain treks.

1990

Ulukaya lives in New Berlin, New York, not far from Chobani's South Edmeston factory and headquarters. He was briefly married in the late 1990s to New York City Doctor Ayşe Giray. In January 2018, Ulukaya married Louise Vongerichten, co-founder and President of Food Dreams Foundation.

1994

After studying political science at Ankara University, in 1994 Ulukaya moved to the United States to study English at Adelphi University on Long Island, New York. In 1997 he moved upstate and transferred to the University at Albany, State University of New York where he enrolled in a few Business courses.

2002

He ended up taking a job on an upstate farm. During a visit, his Father persuaded Ulukaya to import the family's feta cheese from Turkey, after tasting the inferior cheese available locally. When the imported cheese proved popular, Ulukaya opened a small wholesale feta cheese plant of his own, called Euphrates, in Johnstown, New York in 2002. The venture was modestly successful but by the two-year mark it had just barely broken even. Ulukaya later recalled, "It was two years of the most challenging days of my life."

2005

In the spring of 2005, Ulukaya noticed a piece of Jun K mail advertising a fully equipped yogurt factory for sale in South Edmeston, New York, 65 miles (105 km) west of his feta cheese factory. The 84-year-old factory had been closed by Kraft Foods. Although he initially threw the flier away, Ulukaya toured the plant the following day and decided to buy it, against the advice of his attorney and Business advisor. Ulukaya financed the purchase within five months with a loan from the Small Business Administration, plus local business-incentive grants. He initially named his new company Agro Farma, and hired a handful of the former Kraft employees. As a first task they painted and repaired the neglected factory.

2007

In October 2007, he shipped his first order of Chobani, a few hundred cases, to a grocer on Long Island. The store repeated the order the following week.

2009

After BJ's and Costco began carrying Chobani in 2009, the company doubled its sales every year through 2013. With an eye on Australian and Asian markets, in 2011 Ulukaya acquired Melbourne dairy Producer Bead Foods, and began Manufacturing and selling Chobani in Australia. In mid 2012, he initiated a $88.5 million expansion for the company, acquiring 100 acres next to its upstate New York facility and building an 80,000-square-foot addition. The expansion was partially funded by $1.5 million in New York State grants for economic development.

2010

From establishing Chobani, Ulukaya has given 10% of his company's net profits to charitable causes, and to individuals and organizations working toward positive long-lasting change. In 2010 he established the company's charitable arm, the Chobani Shepherd's Gift Foundation, now called the Chobani Foundation, to manage this philanthropy. Donations have included major grants to support famine relief efforts in Somalia, and to underwrite the New York City Pianos project launched by Sing for Hope.

2012

In 2012, he opened Chobani SoHo, a Retail yogurt cafe in Manhattan's trendy SoHo district. The cafe offers various exotic and gourmet dishes using flavors of fresh Chobani yogurt and gourmet toppings, as well as sandwiches, soups, and coffee.

2013

Strained, or "Greek" yogurt as it is called in the U.S., is much thicker, creamier, and tangier, with a higher protein content, as the whey is strained out. To manufacture strained yogurt, Ulukaya needed a million-dollar commercial machine called a milk separator, which the American-style Kraft factory did not have. He found a used one in Wisconsin and negotiated to buy it for $50,000. On his trip to pick up the separator, the name "Chobani" – a variation on çoban, the Turkish word for shepherd – popped into his head.

2014

Ulukaya has been noted both for his entrepreneurial skills and also his commitment to making affordable and nutritious foods using only natural ingredients. In addition to receiving awards for entrepreneurship, in April 2014 he was named by President Barack Obama as an inaugural member of the Presidential Ambassadors for Global Entrepreneurship (PAGE) initiative – 11 selected Business Leaders who will encourage entrepreneurship in the U.S. and abroad. Also in 2014, the Culinary Institute of America honored him with its Leadership Award (Augie Award) in the Health and Wellness category.

2015

In November 2015, Ulukaya was honored by the Children's Aid Society with their Corporate Leadership Award. He was honored in recognition of his passion and his commitment to lasting change in the lives of those in need around the world.

2016

In 2016, Ulukaya was invited to join the Special Olympics International Board of Directors. He is part of the volunteer Board of Directors which determines international policy along with other Business Leaders, sport Leaders, professional athletes, educators and others.

2017

Ulukaya was featured by CBSNews' 60 Minutes on April 9, 2017 in a segment called "Chief of Chobani" that focused on his approach to Business and philanthropy.

Some Hamdi Ulukaya images