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{{Short description|Turkish family}} |
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The '''Sabancı family''' is a family of ] businesspeople founded by ], a wealthy trader. Some second and third generation members of the family control today a group of Turkish companies that were established mostly by the efforts of his son ].<ref>{{cite web|url=http://www.nytimes.com/2004/04/13/business/sakip-sabanci-71-businessman.html|title=Sakip Sabanci, 71, Businessman|date=13 April 2004|work=]|page=15|accessdate=9 May 2013}}</ref> After the death of Sakıp Sabancı, also known as Sakip Aga, in 2004, the granddaughter of the founder, ], was chosen to run ].<ref>{{cite news|url=http://www.radikal.com.tr/haber.php?haberno=116805|title=Güler Sabancı dönemi|date=19 May 2004|work=]|language=]|accessdate=9 May 2013}}</ref> |
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The '''Sabancı family''' is one of the wealthiest families in ] with an estimated fortune of $20 billion.<ref>{{Cite web |last=ekonomist.com.tr |title=En Zengin 100: Türkiye'nin en zengin 100 kişisi ve ailesi (2023) |url=https://www.ekonomist.com.tr/makale/en-zengin-100-45746 |access-date=2024-12-02 |website=www.ekonomist.com.tr |language=tr}}</ref> The family's main business entity was founded by ] in the 1930s. Hacı Ömer Sabancı, the progenitor of the Sabancı family, moved from his native ] to ] in the early 1920s. His business grew, in part, due to reduced business competition as a result of the ].<ref>{{cite book|last1=Ungor|first1=Ugur|last2=Polatel|first2=Mehmet|title=Confiscation and Destruction: The Young Turk Seizure of Armenian Property|date=2011|publisher=A&C Black|isbn=978-1441130556|page=132}}</ref><ref>Ayşe Buğra: ''State and Business in Modern Turkey. A Comparative Study.'' SUNY Press, 1994. p. 82</ref> Some second and third generation members of the family today control a group of companies under ]. Most of the companies were established by the efforts of the second generation members of the family, ], ], ], ], and ].<ref>{{cite web|url=https://www.nytimes.com/2004/04/13/business/sakip-sabanci-71-businessman.html|title=Sakip Sabanci, 71, Businessman|date=13 April 2004|work=]|page=15|accessdate=9 May 2013}}</ref> After the death of Sakıp Sabancı, also known as Sakip Aga, in 2004, the granddaughter of the founder, ], was chosen to run Sabancı Holding. |
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Some second and third generation members of the family have left their managerial positions at the Sabanci Group and established their own companies such as Densa, Demsa and Esas Holding which owns ].<ref>{{cite news|url=http://www.radikal.com.tr/haber.php?haberno=116805|title=Güler Sabancı dönemi|date=19 May 2004|work=]|language=tr|accessdate=9 May 2013|url-status=dead|archive-url=https://web.archive.org/web/20140106191758/http://www.radikal.com.tr/haber.php?haberno=116805|archive-date=6 January 2014}}</ref> |
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The Sabancı (and ]) family,<ref>Geoffrey Jones: ''Entrepreneurship and Multinationals: Global Business and the Making of the Modern World.'' Edward Elgar Pub, 2013. p. 35</ref> like many of today's Turkish entrepreneurs, benefited from the ] and the elimination of the Armenians and the Armenian competition<ref>Ugur Ungor, Mehmet Polatel: ''Confiscation and Destruction. The Young Turk Seizure of Armenian Property.'' Bloomsbury Academic, 2011. p. 132</ref> by taking part in ] of old minority-run ventures, which were encouraged by the government<ref>Sidney E.P. Nowill: ''Constantinople and Istanbul: 72 Years of Life in Turkey.'' Troubador Publishing, 2011. p. 77</ref><ref>Ayse Bugra: ''State and Business in Modern Turkey. A Comparative Study.'' SUNY Press, 1994. p. 82</ref> and which led to the creation of a new Turkish ].<ref>Fatma Müge Göke: ''The Transformation of Turkey: Redefining State and Society from the Ottoman Empire to the Modern Era.'' Tauris Academic Studies, 2011. p. 119</ref><ref>Richard G. Hovannisian: ''Remembrance and Denial: The Case of the Armenian Genocide.'' Wayne State University Press, 1998. p. 37</ref><ref>Andreas Bähr, Peter Burschel, Gabriele Jancke: ''Räume des Selbst. Selbstzeugnisforschung transkulturell.'' Böhlau, 2007. p. 165</ref><ref>Metin Heper, Sabri Sayari: ''The Routledge Handbook of Modern Turkey.'' Routledge, 2012. p. 284</ref> |
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==References== |
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{{reflist}} |
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==See also== |
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==See also== |
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==References== |
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Some second and third generation members of the family have left their managerial positions at the Sabanci Group and established their own companies such as Densa, Demsa and Esas Holding which owns Pegasus Airlines.
