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Hamdi Ulukaya

Hamdi Ulukaya

H. Ulukaya
-0.02% | - $-3.19M
$13.58 B ₹ 1.24 Lk Cr
Real Time Net Worth #213 Ranking as of 21 Feb 2026 By Forbes

More on Hamdi Ulukaya

Gender

Male

Age

53Y

Country

United States

Born On

October, 1972

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Yogurt)

Primary Organization

Chobani

Titles

Founder, Chairman & CEO

Sources of Wealth

Chobani

Industry

Food & Beverage, Dairy

About Hamdi Ulukaya


H amdi Ulukaya is a Turkish-American self-made billionaire who is the founder, chairman, and CEO of Chobani, the company that revolutionized the yogurt industry in the United States. Born into a Kurdish dairy-farming family in Turkey, he immigrated to the U.S. to study English. In 2005, with a small business loan, he bought a defunct Kraft Foods yogurt plant in upstate New York and started his own business.

He decided to produce a thick, strained, Greek-style yogurt, a product that was still a niche item in the U.S. market at the time. His focus on using natural ingredients and a distinctive branding and packaging strategy made Chobani a massive and almost overnight success. The brand grew at a phenomenal rate, disrupting the established yogurt giants and becoming the number one selling Greek yogurt brand in America. He remains the majority owner of the privately held company and is a prominent philanthropist and advocate for refugees.

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Quick Reads


  • Founder and CEO of Chobani, America's number one Greek yogurt brand.
  • A Turkish immigrant of Kurdish descent, he is a self-made billionaire.
  • Bought a defunct yogurt factory in 2005 to start his company.
  • Credited with popularizing Greek yogurt in the United States.
  • A major philanthropist, he has signed the Giving Pledge and is an advocate for refugees.

Early Life and Background


Hamdi Ulukaya is a Turkish-born Kurdish-American businessman, the self-made billionaire Founder, Owner, and CEO of Chobani, the dominant Greek yogurt brand in the United States. Born in 1972 in İliç, Erzincan, Turkey, to a Kurdish family engaged in dairy farming, his early life was seasonally semi-nomadic, herding sheep and making cheese near the Euphrates River.

Ulukaya left Turkey in 1994 due to the Turkish state's oppression of its Kurdish minority, moving to the U.S. to study. He pursued business-related studies at Adelphi University and SUNY Albany. His entrepreneurial journey began modestly with a feta cheese factory in 2002, before his pivotal discovery of a closed, abandoned yogurt factory in New York state in 2005.

Career Journey of Hamdi Ulukaya


Hamdi Ulukaya purchased the closed yogurt factory in 2005 with a small loan from the Small Business Administration (SBA). He relaunched his brand as Chobani in 2007 (named after the Turkish word for shepherd). His strategic vision was audacious: introduce authentic, strained Greek yogurt to the mass American market. By 2011, Chobani became the leading Greek yogurt brand in the United States, achieving massive sales success and transforming the entire dairy aisle.

Ulukaya's success is tied to his immense social activism. He adopted the motto: 'the moment a refugee gets a job, they stop being a refugee.' In 2019, he distributed up to 10 percent of the company's shares to employees. He founded the Tent Partnership for Refugees, guiding other businesses on refugee employment. His wealth is secured by his majority ownership of the private, global agri-food giant.

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Hamdi Ulukaya's Timeline


1994:

Moves to the United States (Personal Milestone).

2005:

Purchases a closed yogurt factory in New York (Pivotal Event).

2007:

Relaunches the brand as Chobani (Founding).

2011:

Chobani becomes the leading Greek yogurt brand in the U.S. (Market Domination).

2019:

Distributes up to 10 percent of the company's shares to employees (Social Milestone).

Ongoing:

Continues as Founder and CEO and leads the Tent Partnership for Refugees (Executive Oversight/Civic Role).

Major Business Ventures and Investments


Hamdi Ulukaya's wealth is concentrated in his founding and controlling ownership of the private food and beverage giant, Chobani.

  • Chobani (Founder, Owner & CEO): The core private asset, the leading Greek yogurt brand in the United States, specializing in strained yogurt and diversified food and beverage products (acquired La Colombe coffee brand).
  • Social Activism: He distributed up to 10 percent of company shares to employees in 2019 and founded the Tent Partnership for Refugees.
  • Investment Strategy: His philosophy is rooted in product quality (authentic Greek yogurt), social mission, and aggressive market penetration in the consumer food sector.
  • Immigrant Entrepreneurship: He is a Kurdish immigrant who left Turkey due to oppression.

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Philanthropy and Social Impact


Hamdi Ulukaya is a major global philanthropist and activist. His structural social impact is tied to Chobani's role in setting a high standard for employee treatment (share distribution) and refugee employment (Tent Partnership). His personal donations and aid campaigns, especially following the 2023 Türkiye–Syria earthquake, demonstrate his profound humanitarian commitment.

His career is a powerful narrative of a minority immigrant entrepreneur who successfully leveraged his heritage and social mission to build a globally dominant food brand.

Fashion, Style, and Lifestyle


Hamdi Ulukaya maintains the functional, passionate style of a food industrialist and activist. His attire is consistently pragmatic, favoring simple shirts and casual wear. His aesthetic is one of grounded humility and profound mission, reflecting his deep commitment to his employees and humanitarian causes.

Residing in the United States, his luxury is the immense security and autonomy derived from his multi-billion dollar fortune. His life is dedicated to food quality, social justice, and scaling his vision of business as a force for good.

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Quotes and Philosophy


“The moment a refugee gets a job, they stop being a refugee.”

Fun Facts & Trivia


  • He is the founder of Chobani, the leading Greek yogurt brand in the U.S..
  • He distributed up to 10 percent of the company's shares to employees in 2019.
  • He is a Kurdish immigrant who left Turkey due to oppression.
  • His motto is: 'the moment a refugee gets a job, they stop being a refugee.'
  • He bought a closed yogurt factory in 2005 with a SBA loan.
  • He founded the Tent Partnership for Refugees.
  • His wealth is tied to the massive, stable global demand for high-quality, high-protein food products.

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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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