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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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.
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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Graduates with a degree in Civil Engineering from Middle East Technical University (ODTÜ) (Academic Achievement).
Founds Rönesans Holding (Founding).
Enters the ENR Top 250 International Contractors list (Industry Recognition).
Establishes the Rönesans Education Foundation (Philanthropic Founding).
Consistently ranks among the top 10 largest international construction companies in Europe (Market Domination).
Receives Japan's highest state honor, the Order of the Rising Sun (International Honor).
Continues as Founder and Leader, guiding the global construction giant (Executive Leadership).
Erman Ilıcak's wealth is concentrated in his founding and controlling ownership of the private industrial giant, Rönesans Holding.
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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.
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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“The greatest achievement is the company's ability to combine international financing with construction experience.”
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+0.05% | +$1.13M
-6.3% | -$163.21M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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