Erman Ilicak

Erman Ilicak (#1145)

Entrepreneurship was always on my mind. I had many unsuccessful attempts during my university years. Even when I was working as a professional, I knew I would become an entrepreneur.

$ 4 B
Construction
Turkey
M
58 Years

About Me

Erman Ilicak's Ronesans Holding, founded in 1993, operates as construction contractor and real estate developer in 28 countries. In July 2016, he sold 5% of Ronesans to IFC, a World Bank institution, in a deal that valued the company at $4.3 billion. Construction firm acquisitions include the Swiss Hergiswill and German Heitcamp in 2013, and the Netherlands' Ballast Nedam in 2015. In a public-private partnership with the Turkish government, Ronesans has so far built healthcare complexes with a contract value of $3.4 billion. Ronesans is partnering with the Port of Rotterdam to develop the Ceyhan Mega Petrochemical Industrial Zone in the south of Turkey.

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Erman Ilicak’s rise and global influence.

#1137 Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Erman Ilicak’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $3.8B (May 4, 2026)