Şaban Cemil Kazancı Net Worth

Şaban Cemil Kazancı has an estimated net worth of $4.3 billion, according to Forbes Real-Time Billionaires, Şaban Cemil Kazancı profile (figures as of October 20, 2026). That is up from $1 billion in 2013.

Şaban Cemil Kazancı is a Turkish businessman who chairs Kazancı Holding and Aksa Energy, one of the best known energy groups in Turkey. He was born in Istanbul in 1961, the son of Ali Metin Kazancı, whose family roots are in Rize. Forbes describes him as the largest shareholder of Kazancı Holding, the family company his father built from a small electric motor business into a major energy player.

Kazancı started out in the family firm when it was focused on making generators. He took a direct part in growing that business, and in 1997 it became Aksa Energy. Today he leads the executive board of both Kazancı Holding and Aksa Energy, while his father still serves as chairman of the wider business. He is married with one child and has received Uzbekistan's Order of Friendship.

Where Şaban Cemil Kazancı's money comes from

His fortune rests on his stake in Kazancı Holding. Forbes says the group brings in about $3.6 billion in revenue a year and works across the energy chain. It generates electricity, distributes power and natural gas, and still produces generators, the product that launched the family's rise. That mix gives the company income from both power customers and equipment sales.

The roots go back to 1968, when Ali Metin Kazancı opened the Watt Electric Motor Factory. The family has also branched out from energy into tourism. In 2022 the holding company grew its hotel business in Bodrum with the 5-star Mirada Exclusive Hotel, and Forbes says it now owns four hotels. Energy remains the core of the business and the main driver of his wealth.

How Forbes has valued Şaban Cemil Kazancı

Forbes first counted Kazancı as a billionaire back in 2013, when it valued him at $1 billion. He then spent years off the list before returning in 2023 at $2.5 billion. His figure climbed fast after that. Forbes put him at $3.5 billion in 2024 and $4.3 billion in 2025, a steady run of gains for the family energy group.

The rise peaked on the 2026 World's Billionaires List, where Forbes estimated his fortune at $4.9 billion. Since then his figure has eased. As of October 20, 2026, Forbes' real-time billionaires tracker showed him at $4.3 billion. Like many owners of listed energy companies, his estimate tends to move with power prices, demand and the value the market places on his holdings.