The list of Turkey's richest businesspeople has changed.

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Forbes magazine, which keeps its finger on the pulse of the business world, continues to share the list of the richest people in the world and by country throughout the year.

As 2024 comes to a close, Forbes has updated its billionaire list. While this year's richest names in Turkey are eagerly anticipated, the changes in the current table shared have drawn attention.

HERE IS THE LIST OF TURKEY'S RICHEST PEOPLE

10. İbrahim Erdemoğlu ($2.2 billion)

İbrahim Erdemoğlu, Chairman of Erdemoğlu Holding, who held the title of Turkey's richest businessman in 2023 with a fortune of $5.3 billion, could not maintain his wealth due to the depreciation of his companies' shares on Borsa Istanbul over time.

Erdemoğlu experienced a decline of over $3 billion in his total assets. İbrahim Erdemoğlu ranked last in this year's 'Top 10 Richest Businessmen in Turkey' list shared for 2024.

9. Ferit Faik Şahenk ($2.2 billion)

8. Mehmet Sinan Tara ($2.4 billion)

7. Hamdi Ulukaya ($2.5 billion)

6. Erman Ilıcak ($2.6 billion)

5. Mustafa Rahmi Koç ($2.8 billion)

Mustafa Rahmi Koç became the 5th richest businessman in Turkey with a fortune of $2.8 billion.

4. Şaban Cemil Kazancı ($3.1 billion)

3. Semahat Sevim Arsel ($3.1 billion)

Semahat Sevim Arsel, another member of the Koç family, ranked behind İpek Kıraç.

2. İpek Kıraç ($3.2 billion)

İpek Kıraç achieved the success of being Turkey's richest businesswoman with a fortune of $3.2 billion.

1. Murat Ülker ($5.1 billion)

This year's champion in the list updated in real-time by Forbes Magazine is Murat Ülker, a board member of Yıldız Holding and chairman of pladis and Godiva.

Murat Ülker, who is at the forefront of Turkey's largest companies in the food sector, surpassed his closest competitor by a margin of $2 billion with a fortune of $5.1 billion.