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Ahmed Afif Topbas

Ahmed Afif Topbas

A. Topbas
-0.19% | - $-2.15M
$1.15 B ₹ 10,452 Cr
Real Time Net Worth #2984 Ranking as of 21 Feb 2026 By Forbes

More on Ahmed Afif Topbas

Gender

Male

Age

UnknownY

Country

Turkey

Born On

Unknown

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Retail)

Primary Organization

BIM Birlesik Magazalar

Titles

Shareholder

Sources of Wealth

Food Retail

Industry

Fashion-Retail, Retail

About Ahmed Afif Topbas


A hmed Afif Topbas is a prominent Turkish businessman and a major shareholder in BIM Birlesik Magazalar (BIM), the country's leading discount grocery retailer. He is part of the Topbas family, which co-founded the retail giant in 1995. BIM pioneered the hard-discount model in Turkey, growing to operate thousands of stores across the country and expanding internationally into Morocco and Egypt.

His wealth is derived from his significant stake in the publicly traded company, which is known for its high efficiency and low-cost structure. While the family generally maintains a low public profile, their influence on Turkey's retail landscape is profound. Ahmed Afif Topbas plays a key role in the continued success of the business as a major beneficiary of its dividends and stock appreciation.

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Quick Reads


Early Life and Background


Ahmed Afif Topbas (also known as Ahmet Afif Topbaş) is a prominent Turkish businessman and a major shareholder in BİM Birleşik Mağazalar, Turkey's leading discount store chain.

He belongs to a high-profile Turkish business family. His brother, Mustafa Latif Topbaş, is the CEO and co-founder of the company. The family maintains deep ties within Turkey's socio-political and economic landscape, including a longstanding friendship with President Recep Tayyip Erdogan.

  • Core Holding: BİM Birleşik Mağazalar (BİM).
  • Ownership: Owns an estimated 11.5% stake in BİM.
  • Family: Brother of billionaire Mustafa Latif Topbaş; daughter Fatma is married into the family of food billionaire Murat Ülker.

Career Journey of Ahmed Afif Topbas


Ahmed Afif Topbas's career is defined by his long-term investment and stewardship of BİM, which has grown to become Turkey’s largest chain of discount stores. BİM went public in 2005, and under the family's leadership, it has expanded aggressively across both domestic and international markets.

By the third quarter of 2024, the company operated more than 12,000 stores. In addition to its massive presence in Turkey, BİM has established a significant international reach with hundreds of locations in Morocco and Egypt.

  • Scale: Over 12,000 stores across Turkey, Morocco, and Egypt.
  • Diversification: The company also operates a popular mobile telecom service under the brand Bimcell.

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Ahmed Afif Topbas's Timeline


2005:

BİM went public, marking a significant growth phase for the Topbas family holdings.

2024:

BİM reaches a milestone of 12,000 stores globally.

Ongoing:

Continues as a major individual stakeholder in Turkey’s dominant retail chain.

Major Business Ventures and Investments


Ahmed Afif Topbas's wealth is concentrated in his substantial ownership stake in the publicly traded retail giant BİM Birleşik Mağazalar.

  • BİM (Shareholder): Turkey's largest discount retailer with annual revenues exceeding $5 billion.
  • International Operations: Operates 687 stores in Morocco and 356 stores in Egypt.
  • Sector Focus: Food retail, discount supermarkets, and telecommunications.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • 1. He is 83 years old and resides in Istanbul, Turkey.
  • 2. His company, BİM, is the pioneer of the discount store model in Turkey.
  • 3. Through family marriages, the Topbas family is linked to the Ülker family, another Turkish food billionaire dynasty.
  • 4. Despite his massive wealth and influence, he maintains a very low public profile and rarely gives interviews.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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