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#1620

Ipek Kirac

Source of wealth: Diversified

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Ipek Kirac's fortune with the healthcare spending of a massive country

Ipek Kirac could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.

But even if we compare their fortune with that of a rich country

On the other end, Ipek Kirac could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Ipek Kirac could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Ipek Kirac could pay for it entirely for 1.0 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Ipek Kirac could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.3 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Ipek Kirac with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Ipek Kirac's fortune is equivalent to 18 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Ipek Kirac could buy 4,722,428 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Ipek Kirac will almost certainly have enough money left over to pay for the gas.

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Biography

Ipek Kirac is the adopted daughter of Inan and Suna Kirac and an heir to one of Turkey's largest conglomerates, Koc Holding.

Koc Holding operates in four main sectors: energy, autos, durable consumer goods and finance. Ipek Kirac joined its board of directors in 2016.

Other activities include technology, food, retail, tourism, agriculture and shipbuilding. Koc Group has 14 companies traded on the Borsa İstanbul.

Since 2012, Ipek Kirac has served as chairwoman and CEO of Sirena Marine Maritime Industry and Trade, a subsidiary of her father's Kiraca Holding.

Her billionaire mother, Suna, who has been suffering from ALS for 20 years, died in September 2020.

Financial Assets

Exchange
ISTANBUL
Ticker
ARCLK.E-TR
Company
Arcelik A.S.
Exchange
ISTANBUL
Ticker
AYGAZ.E-TR
Company
Aygaz A.S.
Exchange
US OTC
Ticker
FOVSY-US
Company
Ford Otomotiv Sanayi A.S. (FOVSY)
Exchange
ISTANBUL
Ticker
KCHOL.E-TR
Company
KOC Holding A.S.
Exchange
ISTANBUL
Ticker
MAALT.E-TR
Company
Marmaris Altinyunus
Exchange
ISTANBUL
Ticker
TATGD.E-TR
Company
Tat Gida Sanayi A.S.
Exchange
ISTANBUL
Ticker
TOASO.E-TR
Company
Tofas Turk Otomobil Fabrikasi A.S.
Exchange
ISTANBUL
Ticker
YKBNK.E-TR
Company
Yapi ve Kredi Bankasi A.S.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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