Turgay Ciner’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2017 | $1.6 billion | Forbes World's Billionaires List 2017 |
| 2018 | $1.6 billion | Forbes World's Billionaires List 2018 |
| 2019 | $1.6 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.3 billion | Forbes World's Billionaires List 2020 |
| 2021 | $1.3 billion | Forbes World's Billionaires List 2021 |
| 2022 | $1.1 billion | Forbes World's Billionaires List 2022 |
| 2023 | $1 billion | Forbes World's Billionaires List 2023 |
| 2026 | $1.5 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $1.5 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Turgay Ciner’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Turgay Ciner has an estimated net worth of $1.5 billion, according to Forbes Real-Time Billionaires, Turgay Ciner profile (figures as of October 20, 2026). That is down from a peak of $1.6 billion.
Turgay Ciner is a Turkish businessman and the owner of the Ciner Group, a conglomerate active in energy and mining, natural soda ash, container glass and shipping. He was born in Hopa, in Artvin Province, in 1956. As a high school student he ran errands in tea shops, and Forbes counts him as fully self-made. His name is pronounced roughly like jin-ner.
Ciner's first business, in the 1980s, was importing German cars into Turkey with his brother from a shop in Istanbul's Talimhane district. In the early 1990s he moved into textiles, and in 1997 he bought Penyeluks and renamed it Park Tekstil. He also bought 60% of Havaş, Turkey's main airport ground handling company, in 1995. Over time these deals grew into the broad group he runs today.
How Turgay Ciner makes money
Soda ash is the heart of the Ciner fortune. The material goes into glass, detergents and many industrial goods. His Eti Soda and Kazan Soda plants rank among the world's top producers, and his London based WE Soda is the biggest natural soda ash producer in the world. In 2025 it bought U.S. producer Genesis Alkali for $1.4 billion, adding American plants to its Turkish base.
The group earns money in other ways too. Ciner Glass began in 2011 with the Park Cam plant, Ciner Shipping is Turkey's largest shipowner, and Silopi Electric burns coal from Ciner mines to make power. For 22 years he was also a major media owner, with Habertürk, Show TV and Bloomberg HT, before selling that business at the end of 2024. He also owns the football club Kasımpaşa.
How Forbes has valued Turgay Ciner
Forbes put Ciner at $1.6 billion in 2017, 2018 and 2019. His fortune then drifted lower. Forbes estimated him at $1.3 billion in both 2020 and 2021, $1.1 billion in 2022 and $1 billion in 2023, the bottom edge of billionaire status. He did not appear on the next two annual lists.
He came back strongly in 2026, when Forbes valued him at $1.5 billion on its World's Billionaires List. The real-time tracker still showed $1.5 billion as of October 20, 2026. The return came after he sold his media assets and grew WE Soda through the Genesis Alkali purchase, which strengthened his hold on global natural soda ash supply.
Career and money timeline
- 1995
Ciner bought 60% of Havaş, Turkey's main airport ground handling company.
- 1997
He acquired textile firm Penyeluks and renamed it Park Tekstil.
- 2011
Ciner Glass launched with the Park Cam glass plant.
- 2024
He sold his media empire, including Habertürk and Show TV, at year end.
- 2025
WE Soda acquired U.S. producer Genesis Alkali.
Turgay Ciner net worth FAQ
What is Turgay Ciner's net worth?
Turgay Ciner's net worth is an estimated $1.5 billion, according to Forbes Real-Time Billionaires, Turgay Ciner profile (October 20, 2026). It is an estimate, not an official figure.
How did Turgay Ciner get so rich?
The main sources named in the reporting we cite are: Diversified.
Is Turgay Ciner a billionaire?
Yes. Forbes Real-Time Billionaires estimates Turgay Ciner is worth $1.5 billion.
How has Turgay Ciner's net worth changed?
The earliest published estimate we track is $1.6 billion (2017, Forbes World's Billionaires List 2017). The latest is $1.5 billion (October 20, 2026).
What is soda ash and why does it matter to Turgay Ciner?
Soda ash is used to make glass, detergents and other industrial products. Ciner's companies are among the world's top producers, and it is the main source of his wealth.
Sources
- Forbes Real-Time Billionaires, Turgay Ciner profile (October 20, 2026)
- Forbes World's Billionaires List 2017, Turgay Ciner profile (March 20, 2017)
- Forbes World's Billionaires List 2018, Turgay Ciner profile (March 6, 2018)
- Forbes World's Billionaires List 2019, Turgay Ciner profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Turgay Ciner profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Turgay Ciner profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Turgay Ciner profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Turgay Ciner profile (April 4, 2023)
- Forbes World's Billionaires List 2026, Turgay Ciner profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Turgay Ciner (accessed October 28, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.