Sakıp Sabancı (7 April 1933 – 10 April 2004) was a Turkish business
tycoon
A business magnate, also known as an industrialist or tycoon, is a person who is a powerful entrepreneur and investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or ser ...
and
philanthropist
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...
.
Biography
He was the second son of a cotton trader and worked in his father's business without completing high school. He was the head of Turkey's largest business conglomerate and 147th richest man on the
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
list of billionaires in 2004.
In the 1980s, he took over the family business with assistance from his brothers.
The Sabancı Group of Companies operates in eighteen countries and markets its products internationally. Currently, Sabancı Holding controls more than 60 companies, in textiles, tourism, automotives, chemicals, tobacco, cement, insurance and banking. The group also has partnerships with the Hilton Group,
Bridgestone
is a Japanese multinational manufacturing company founded in 1931 by Shojiro Ishibashi (18891976) in the city of Kurume, Fukuoka Prefecture, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of (), meaning ...
IBM
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American Multinational corporation, multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is ...
,
BNP Paribas
BNP Paribas (; sometimes referred to as BNPP or BNP) is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial instituti ...
,
Dresdner Bank
Dresdner Bank AG () was a German bank, founded in 1872 in Dresden, then headquartered in Berlin from 1884 to 1945 and in Frankfurt from 1963 onwards after a postwar hiatus. Long Germany's second-largest bank behind Deutsche Bank, it was eventually ...
,
Carrefour
Carrefour Group, S.A. (, ), is a French multinational retail and wholesaling corporation headquartered in Massy, Essonne, Massy, France. It operates a chain of hypermarkets, grocery stores and convenience stores. By 2024, the group had 14,000 ...
and
International Paper
The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.
History
The company was incorporated January 31 ...
. Sabancı Holding and ten other companies within the group are listed on the Istanbul Stock Exchange. In 2011, the consolidated revenue of the company was $13.4 billion. The Sabancı family holds a 60.6% share of the firm.
Sakip Sabanci founded the Sabancı University in 1999. His collections of more than 320 Ottoman and Turkish paintings, statues and more than 400 examples of Ottoman calligraphy are exhibited at ''Atlı Köşk'' ( English: The Equestrian Villa) at
Bosporus
The Bosporus or Bosphorus Strait ( ; , colloquially ) is a natural strait and an internationally significant waterway located in Istanbul, Turkey. The Bosporus connects the Black Sea to the Sea of Marmara and forms one of the continental bo ...
in Emirgan, Istanbul, where he and his family lived for years, and which was converted into the
Sakıp Sabancı Museum
The Sabancı University Sakıp Sabancı Museum () is a private fine arts museum in Istanbul, Turkey, dedicated to Islamic calligraphy, calligraphic art, religious and state documents, as well as paintings of the Ottoman Empire, Ottoman era. The ...
in 2002.
He died of
kidney cancer
Kidney cancer, also known as renal cancer, is a group of cancers that starts in the kidney. Symptoms may include blood in the urine, a lump in the abdomen, or back pain. Fever, weight loss, and tiredness may also occur. Complications can include ...
at the age of 71 and received a
state funeral
A state funeral is a public funeral ceremony, observing the strict rules of protocol, held to honour people of national significance. State funerals usually include much pomp and ceremony as well as religious overtones and distinctive elements o ...
.
In 2016,
Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
established the Sakıp Sabancı Chair and Center for Turkish Studies, the first initiative of its kind in the United States. This initiative, supported by a $10 million donation, aims to enhance knowledge and awareness of Turkey through research, teaching, and intellectual exchange. The establishment of the professorship and the center is part of a broader effort to foster academic collaboration and promote Turkish studies globally. Additionally, the gift will contribute to research and academic partnerships at Sabancı University in Istanbul.
Honorary doctorates
Sabancı received
honorary doctorate
An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or '' ad hon ...
universities
A university () is an educational institution, institution of tertiary education and research which awards academic degrees in several Discipline (academia), academic disciplines. ''University'' is derived from the Latin phrase , which roughly ...
:
*
Kırıkkale University
Kırklareli University is a university located in Kırklareli, Turkey
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. ...
,
Kırıkkale
Kırıkkale is a city in the Central Anatolia Region, Turkey, Central Anatolia region of Turkey. It is the seat of Kırıkkale Province and Kırıkkale District.Çukurova University,
Adana
Adana is a large city in southern Turkey. The city is situated on the Seyhan River, inland from the northeastern shores of the Mediterranean Sea. It is the administrative seat of the Adana Province, Adana province, and has a population of 1 81 ...
Istanbul University
Istanbul University, also known as University of Istanbul (), is a Public university, public research university located in Istanbul, Turkey. Founded by Mehmed II on May 30, 1453, a day after Fall of Constantinople, the conquest of Constantinop ...
,
Istanbul
Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics ...
(1997)
*
Mimar Sinan Fine Arts University
Mimar Sinan Fine Arts University (, or MSGSÜ) is a public art university in Istanbul, Turkey. The university's campus is located in the Fındıklı, Beyoğlu. The university was established in 1882 under the leadership of Osman Hamdi Bey. Hi ...
,
Istanbul
Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics ...
Cyprus
Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of isl ...
Çanakkale
Çanakkale is a city and seaport in Turkey on the southern shore of the Dardanelles at their narrowest point. It is the seat of Çanakkale Province and Çanakkale District.Trakya University
Trakya University () is a public university in Edirne, Turkey. It was established on July 20, 1982. The university is located in Edirne, in Eastern Thrace. Trakya University is a regional university with branches and campuses spread over the T ...
,
Edirne
Edirne (; ), historically known as Orestias, Adrianople, is a city in Turkey, in the northwestern part of the Edirne Province, province of Edirne in Eastern Thrace. Situated from the Greek and from the Bulgarian borders, Edirne was the second c ...
Kayseri
Kayseri () is a large List of cities in Turkey, city in Central Anatolia, Turkey, and the capital of Kayseri Province, Kayseri province. Historically known as Caesarea (Mazaca), Caesarea, it has been the historical capital of Cappadocia since anc ...
Istanbul
Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics ...
EskiÅŸehir
EskiÅŸehir ( , ; from 'old' and 'city') is a city in northwestern Turkey and the capital of the EskiÅŸehir Province. The urban population of the city is 821 315 (Odunpazari + Tebebasi), with a metropolitan population of 921 630.
The city is l ...
(1984)
*
University of New Hampshire
The University of New Hampshire (UNH) is a Public university, public Land-grant university, land-grant research university with its main campus in Durham, New Hampshire, United States. It was founded and incorporated in 1866 as a land grant coll ...
,
New Hampshire
New Hampshire ( ) is a U.S. state, state in the New England region of the Northeastern United States. It borders Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...
Süleyman Demirel
Sami Süleyman Gündoğdu Demirel (; 1 November 1924 – 17 June 2015) was a Turkish people, Turkish politician, engineer, and statesman who served as the List of Presidents of Turkey, 9th President of Turkey from 1993 to 2000. He previously serv ...
Turkish Ministry of Culture and Tourism
The Ministry of Culture and Tourism () is a government ministry of the Republic of Turkey, responsible for culture and tourism affairs in Turkey. Revolving fund management of the ministry is carried by DÖSİMM. On July 9, 2018, the newly electe ...
: Grand Prize of Culture and Arts (1999)
* Friends of American Board Schools in Turkey in
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
: Businessman of the Year Award (1999)
* European Institute for Economy in
Zurich
Zurich (; ) is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zurich. It is in north-central Switzerland, at the northwestern tip of Lake Zurich. , the municipality had 448,664 inhabitants. The ...
He wrote books mostly on his experience in business life. Some of them are translated into English and Japanese. The
royalties
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or ...
from his books are being donated to Darülaceze and ''Türkiye Spastik Çocuklar Vakfı'' ( English: Turkey Foundation for Spastic Children).
#''İşte Hayatım'' ( English: This is my life), 1985
#''Para Başarının Mükafatıdır'' ( English: Money is the Reward of Success), 1985
#''This is my life'' (English Edition), 1988
#''Gönül Galerimden'' ( English: From the Galleria of My Heart), 1988
#''Rusya'dan Amerika'ya'' ( English: From Russia to America), 1989
#''Ücret Pazarlığı mı? - Koyun Pazarlığı mı?'' ( English: Is it wage bargain or sheep bargain?), 1990
#''Değişen ve Gelişen Türkiye'' ( English: Turkey, Changing and Developing), 1991
#''Daha Fazla İş Daha Fazla Aş'' ( English: More Work, More Food), 1993
#''DoÄŸu Anadolu Raporu'' ( English: Eastern Anatolian Report), 1995
#''Başarı Şimdi Aslanın Ağzında'' ( English: Success is Now in the Lion's Mouth), 1998
#''İşte Hayatım'' (Japanese Edition), 2000
#''Hayat Bazen Tatlıdır'' ( English: Life is Sometimes Sweet), 2001
#''Sakıpname'' ( English: Dedicated to Sakıp), 2002
#''Bıraktığım Yerden Hayatım'' ( English: My Life from where I Left Off), 2004
#''Her Şeyin Başı Sağlık'' ( English: Health First), 2004
See also
*
List of billionaires
''The World's Billionaires'' is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine ''Forbes''. The list was first published in March 1987. ...
Encyclopædia Britannica
The is a general knowledge, general-knowledge English-language encyclopaedia. It has been published by Encyclopædia Britannica, Inc. since 1768, although the company has changed ownership seven times. The 2010 version of the 15th edition, ...