Murat Ülker

A total of 26 names from Türkiye entered the 2023 billionaires list published by Forbes, while İbrahim Erdemoğlu, the owner of a holding company manufacturing carpet, has officially surpassed Yıldız Holding chair Murat Ülker to take the title of the country's richest billionaire.

Grammy Award-winning singer and songwriter Bryan Adams performed at the Istanbul Ülker Sports Arena on Nov 16.

Yıldız Holding has recently restructured a $1 billion loan under favorable conditions, the company chair said in a letter to employees.

Murat Ülker, the chairman of Turkey’s Yıldız Holding, has challenged Elon Musk, the chairman of Tesla Inc, over electric engine trucks, saying that food giant Ülker has already been using such technology to deliver goo

Ülker has said legal action was immediately taken to protect the company and the brand against every party involved in an April Fools' Day-themed commercial, which went wrong and created panic among some circles over accusations that it heralded the July 2016 military coup attempt.  

An April's Fools Day advertisement by Turkey's largest food company, Ülker, triggered panic on social media amid accusations that the video heralded a military coup.

The commercial was broadcast online on March 31, 2017, and describes the bad sides of being a younger sibling and says "time for revenge" is near.

Yıldız Holding, which is home to global brands such as Godiva and United Biscuits, set up the Sabri Ülker Center at the Harvard School of Public Health in 2014 with a $24 million donation. The holding has 56,000 staff on four continents; they have made $3.6 billion in investments in the past five years.  

Biscuit maker Ülker's $400 million worth of stake sales to its British holding, Pladis, was a business decision and not motivated by Turkey's domestic politics, Turkish food giant Yıldız Holding has said, Reuters reported on Dec. 26. 

Yıldız Holding has decided to sell 71.8 million shares of Ülker Bisküvi, Turkey's largest cookie and biscuit company, to its wholly owned unit Pladis as part of a strategy. 

"Yıldız Holding will be the indirect owner of the Ülker Bisküvi shares through Pladis," said the company in a written statement on Dec. 23. 

The sale will represent 21 percent of the company.

Turkish conglomerate Yıldız Holding, which owns the country's largest food company, Ülker Holding, denied on Nov. 14 a media report claiming that its units were being targeted in a government operation against U.S.-based Islamic preacher Fethullah Gülen.