Murat Ülker responds to the claim about London: "I am living in my mother's house."

Murat Ülker responds to the claim about London:

14.10.2025 09:49

Turkey's richest businessman, Murat Ülker, responded to claims that he has moved all of the holding's international operations to London. Ülker stated, "I don't have a home anywhere else, I'm not looking for one, and I don't need it. I'm living in my mother's house, thank God. My father built the house on my mother's name, and we did the same. We are all children, and we live in the same house."

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After Yıldız Holding consolidated its international operations, including Ülker, under the company it established in London named Pladis Global, claims that the group has exited Turkey have resonated widely in the public domain.



"MY FATHER BUILT THE HOUSE ON MY MOTHER'S LAND"



Murat Ülker, a member of the Board of Directors of Yıldız Holding and Godiva, spoke to EKONOMİ newspaper writer Sadi Özdemir regarding the claim. Murat Ülker, who is Turkey's richest businessman with a fortune of 6.9 billion dollars, said, "I don't know where these words are coming from, but everyone is asking where else do you have a house? I don't have a house elsewhere, I'm not looking for one, and I don't need to, I'm living in my mother's house, thank God. My father built the house on my mother's land, and we did the same."



We are all children, we are in the same house. One day, even Rahmi Bey (Rahmi Koç) told me, 'You did well, you moved all the businesses abroad.' That's when I understood... Actually, we didn't move anything; on the contrary, we brought those from abroad here. We registered it in Turkey. They say, 'He took the money and left,' of course, you can send money to your children, but capital transfer happens with permission from the Treasury.



"I HAD A BIG BUSINESS IN JAPAN"



It is the same everywhere in the world. For example, when we were acquiring Godiva, we wrote to the Treasury; we said, 'We are acquiring this, we have entered a narrow corridor, is that okay?' The Treasury responded in half an hour, saying 'okay' because this is a tender, and they know that too. If they had said 'no,' we couldn't have acquired it. How was the financing done? I have a loan from abroad that I took. Foreign entities lend to foreign entities; we got a 12-year loan with an interest rate of 2.5% in dollars. Why would you take a loan from Turkey at an interest rate of 15% in dollars? If you did, you couldn't do business anyway. Everyone is saying something, but the conditions for doing business are not like that. For example, I had a big business in Japan, and I was financing that business there because, you see, interest rates in Japan are negative, but they also do not allow you to bring that money here.



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