Şefik Yılmaz Dizdar Net Worth

Şefik Yılmaz Dizdar has an estimated net worth of $1.8 billion, according to Forbes Real-Time Billionaires, Şefik Yılmaz Dizdar profile (figures as of October 20, 2026). That is up from $1.7 billion in 2018.

Şefik Yılmaz Dizdar is a Turkish businessman and one of the owners of LC Waikiki, a producer and retailer of ready-to-wear clothing and home items. He was born in 1939. He is married and lives in Istanbul. He was already in his late fifties when he and his partners bought the brand that would make him a billionaire.

Dizdar is a partner in the company alongside Mustafa Küçük, who is also a billionaire. Küçük and his family manage LC Waikiki, and Dizdar's brother Vahap Küçük is the CEO and spokesman of the company.

Forbes describes Dizdar as self-made. His wealth comes from buying into a foreign brand and turning it into one of Turkey's biggest fashion names. The company also says it prides itself on promoting women into its management ranks.

How Şefik Yılmaz Dizdar made his money

LC Waikiki began in France. Designer Georges Amouyal and a partner founded it there in 1985. The brand combines the name of the famous Hawaiian beach with LC, as in Les Copains, which means friends in French. Dizdar and his partners, including Mustafa Küçük, acquired the brand in 1997 and built it up from Turkey. Under its new owners, LC Waikiki grew into a large maker and seller of clothing and home items.

The company's first international store opened in Romania in 2009. In 2016 it expanded into home textiles under the brand name LCW Home. Today, according to Forbes, LC Waikiki has over 1,000 locations in 47 countries, with roughly half outside Turkey, and annual revenue of around $2.5 billion. Its motto is Everyone deserves to dress well. That international push turned a Turkish retailer into a global chain.

How Forbes has valued Şefik Yılmaz Dizdar

Forbes valued Dizdar at $1.7 billion in 2018. His figure fell to $1.1 billion in 2020, rose to $1.4 billion in 2021 and was $1 billion in 2022.

It rose to $1.2 billion in 2023 and $1.9 billion in 2024 and 2025, then reached $2 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $1.8 billion. Since LC Waikiki is privately held, these figures are Forbes estimates of the value of his share. His figure has roughly doubled since its low in 2022.