Husnu Ozyegin

About Husnu Ozyegin

Birth Year: 1944
Birth Place: Istanbul, Turkey, Turkey
Alma mater: Oregon State University, Harvard University
Occupation: Founder & Director of FIBA Holding
Children: Murat Ozyegin, Ayşecan Özyeğin

Husnu Ozyegin Net Worth

Husnu Ozyegin was bornon 1944 in Istanbul, Turkey, Turkey. Husnu Ozyegin's Credit Europe Bank has assets of over $9 billion and more than three million customers in nine European and two Asian countries. In Turkey he operates under the brand name Fibabanka. Financial services, which also include leasing, factoring and insurance, are grouped under Fina Holding. Under sister Fiba Holding are investments in retail, real estate, health, renewable energy, ports and hotels. In 2014 Ozyegin made his first investment in the health sector, becoming a 50% partner in the Florence Nightingale Hospital. In 2016 he bought the Kadikoy Sifa Hospital in Istanbul.
Husnu Ozyegin is a member of Finance

💰 Net worth: $2.3 Billion (Updated at 22 June 2018)

2009 $2.9 Billion
2010 $3 Billion
2011 $3 Billion
2012 $3 Billion
2013 $3.1 Billion
2014 $3 Billion
2015 $2.7 Billion
2016 $2.6 Billion
2017 $3 Billion
2018 $2.87 Billion

Some Husnu Ozyegin images

Biography/Timeline

1944

The son of a Doctor, Özyeğin was born in 1944 in Izmir, Turkey. He graduated Robert College, an elite academy in Istanbul in 1963, and claims that he went to the US with just a thousand dollars in his pocket. There, he studied civil engineering at Oregon State University in Corvallis, Oregon, USA, receiving a BS degree. Being more interested in Finance, he attended the School of Business at Harvard University in Cambridge, Massachusetts and obtained an MBA.

1977

Following his return home after three more years in the USA, Özyeğin was offered a post in Pamukbank, which belonged to his schoolmate, Mehmet Emin Karamehmet. In 1977, at the age of only 32, he was appointed general manager of this bank and he held this position until 1984. Then he transferred to Yapı ve Kredi Bankası to become its general manager, a much larger bank in Turkey acquired that year by the same friend. There he succeeded in leading the money-losing bank to a profit over the next two years.

1987

Özyeğin led Yapı ve Kredi Bankası until 1987, when he decided to establish his own bank, the Finansbank at the age of 43. He expanded it to a bank with more than 200 branches operating in nine countries out of Turkey, mostly in Europe. He later founded several Finance companies and brought them under the Holding Fiba, which has around 8,500 employees in 20 companies. Over the next few years, he invested in high-demand industries such as real estate, Energy and Retail, building condominiums and shopping centers across the main domestic Business districts. In 1996, he entered the Retail Business purchasing the supermarket chains Gima, Endi, Spar and Greens. Furthermore, Özyeğin signed a franchising contract with the British Retail chain Marks & Spencer, and then purchased also the Sakura Bank.

2000

Özyeğin was awarded the "Businessman of the Year" in 2000 by the Turkish magazine "Ekonomist". In a recent interview for the Creating Emerging Markets project at the Harvard Business School, he describes his commitment to expanding education opportunities for women.

2005

In 2005, Özyeğin sold the supermarket chain named GIMA to Sabancı Holding, and acquired in exchange the five-star hotel Swissotel in İstanbul from its Japanese owners. In April 2006, he sold 46% of the shares of the Turkish branch of Finansbank, worth US$2.774 billion, to National Bank of Greece, the largest and the oldest commercial bank in Greece. He sold his remaining 9% stake for US$700 million in 2008. He was expected to remain the bank’s chairman of the board of Directors for two more years.

2007

Özyeğin University located in Istanbul, Turkey was founded by the Hüsnü M. Özyeğin Foundation. Its establishment was approved by Foundation Act No 5656 published in the Official Gazette No 26526 on May 18, 2007. Özyeğin plans to spend up to $1 billion over the next 15 years on the university.

2008

The non-Turkish part of Finansbank was placed under the Dutch holding and rebranded into Credit Europe Bank. Özyeğin is the main shareholder and board member of this bank. At the end of 2008, Credit Europe Bank N.V. employed over 6,000 professionals working in the euro-zone countries Belgium, Germany, Malta and the Netherlands as well as in China, Dubai, Russia, Romania, Switzerland, Turkey and Ukraine, serving more than 3 million customers worldwide.