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Erman Ilicak

Erman Ilicak

E. Ilicak
-0.17% | - $-6.28M
$3.76 B ₹ 34,196 Cr
Real Time Net Worth #1133 Ranking as of 21 Feb 2026 By Forbes

More on Erman Ilicak

Gender

Male

Age

59Y

Country

Turkey

Born On

January, 1967

Deceased

No

Relationship Status

Married

Children

3

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Construction)

Primary Organization

Rönesans Holding

Titles

Founder & Chairman

Sources of Wealth

Rönesans Holding

Industry

Construction, Real Estate

About Erman Ilicak


E rman Ilicak is a self-made Turkish billionaire and the founder and chairman of Rönesans Holding, one of Turkey's largest construction and real estate development companies. An engineer by training, he founded his company in 1993 in St. Petersburg, Russia, before expanding its operations to Turkey and other countries. He has built his company into a major international contractor.

Rönesans Holding is known for developing a wide range of large-scale projects, including shopping malls, office buildings, and industrial plants. The company has also become a major player in the development of public-private partnership (PPP) projects, particularly in building and operating large hospital complexes for the Turkish government. Ilicak has also expanded his company's footprint into Europe through strategic acquisitions. He is one of the most successful and influential figures in the Turkish construction industry.

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Quick Reads


  • Founder and Chairman of the Turkish construction giant Rönesans Holding.
  • A self-made billionaire, he founded the company in 1993.
  • The company is a major international contractor with projects across the world.
  • A leading developer of large-scale hospital projects in Turkey through PPPs.
  • He is one of the richest people in Turkey.

Early Life and Background


Dr. Erman Ilıcak is a Turkish businessman, the self-made billionaire founder of Rönesans Holding, a massive contracting and investment company that is one of the largest international construction companies in Europe. Born in 1967, his career is rooted in elite engineering and international management.

Ilıcak graduated from Middle East Technical University (ODTÜ) with a degree in Civil Engineering in 1990. He further secured an MBA from Vienna University of Economics and Business/University of Minnesota and a Ph.D. in Business Administration from the International Business School in Paris. This rigorous, global education prepared him for the complex logistical and financial challenges of massive international construction projects.

Career Journey of Erman Ilicak


Dr. Erman Ilıcak founded the engineering company Rönesans Holding in 1993. His strategic vision was audacious: compete at the absolute highest level of global construction and engineering, specializing in complex, massive projects (e.g., shopping malls, offices, heavy industry plants, and hospitals) in challenging markets across Asia, Europe, and Africa.

Under his leadership, Rönesans grew exponentially, achieving a high rank on the ENR Top 250 International Contractors list and being consistently ranked among the top 10 largest international construction companies in Europe since 2015. His major achievements include building the Evolution Tower in Moscow International Business Center and the Lakhta Center, the tallest building in Europe. His ability to combine international financing (partnering with global firms like IFC and TotalEnergies) with complex construction expertise secured his multi-billion dollar fortune. In 2022, he received Japan's highest state honor, the 'Order of the Rising Sun, Gold Rays with Neck Ribbon,' for his efforts to strengthen Turkish-Japanese cooperation.

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Erman Ilicak's Timeline


1990:

Graduates with a degree in Civil Engineering from Middle East Technical University (ODTÜ) (Academic Achievement).

1993:

Founds Rönesans Holding (Founding).

2006:

Enters the ENR Top 250 International Contractors list (Industry Recognition).

2009:

Establishes the Rönesans Education Foundation (Philanthropic Founding).

2015:

Consistently ranks among the top 10 largest international construction companies in Europe (Market Domination).

2022:

Receives Japan's highest state honor, the Order of the Rising Sun (International Honor).

Ongoing:

Continues as Founder and Leader, guiding the global construction giant (Executive Leadership).

Major Business Ventures and Investments


Erman Ilıcak's wealth is concentrated in his founding and controlling ownership of the private industrial giant, Rönesans Holding.

  • Rönesans Holding (Founder & Leader): The core private asset, a major international contracting and investment company in construction, real estate development, energy, and health facilities. Consistently ranked among the top 10 construction companies in Europe.
  • Landmark Projects: The company built the Lakhta Center (the tallest building in Europe) and the Evolution Tower in Moscow.
  • Strategic Partnerships: His success is built on securing partnerships with global financial and industrial organizations (e.g., IFC, GIC, TotalEnergies).
  • Rönesans Education Foundation (Trustee): The philanthropic vehicle dedicated to improving educational opportunities for young people in Türkiye.

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Philanthropy and Social Impact


Erman Ilıcak's social impact is massive and structural, stemming from Rönesans Holding's role in building essential infrastructure, industrial facilities, and hospitals across 30 countries. The company provides thousands of stable, high-value engineering and construction jobs.

His personal philanthropy, through the Rönesans Education Foundation, focuses on improving educational opportunities for young people in Türkiye. His career provides an inspirational narrative of a highly educated engineer who leveraged global financial and construction expertise to build a world-class industrial empire.

Fashion, Style, and Lifestyle


Dr. Erman Ilıcak maintains the highly professional, global style of an international executive. His attire is consistently bespoke, favoring tailored suits. His aesthetic is one of serious authority, reflecting his Ph.D. background and his command over a vast, multinational industrial enterprise.

Residing in Ankara, Turkey, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to leveraging his capital for massive international construction projects and his commitment to educational philanthropy.

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Quotes and Philosophy


“The greatest achievement is the company's ability to combine international financing with construction experience.”

Fun Facts & Trivia


  • He founded Rönesans Holding, which is consistently ranked among the top 10 international construction companies in Europe.
  • His company built the Lakhta Center, the tallest building in Europe.
  • He holds a Ph.D. in Business Administration and a Civil Engineering degree from ODTÜ.
  • He received Japan's highest state honor in 2022.
  • The company specializes in combining international financing with complex construction expertise.
  • The Rönesans Education Foundation supports educational opportunities for young people in Türkiye.
  • His wealth is tied to the successful execution of massive industrial and infrastructure projects in 30 countries.

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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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