Recep Tayyip Erdogan Net Worth

What is the net salary and salary of Recep Tayyip Erdogan?

Recep Tayyip Erdogan is a Turkish politician who has a net worth of $500 million. As the head of state, his annual salary is equal to 65 thousand US dollars. He broke up when he got into politics decades ago, but somehow Rajab and his family acquired valuable assets said to be hidden in offshore trusts located on the Isle of Man.

Michael Rubin, a resident scholar at the American Enterprise Institute, has stated that Erdogan is a “multi-time billionaire” in several revealing articles about the politician’s mysterious and surprising personal and family fortune.

Erdogan became the twelfth president of Turkey in August 2014. He is a member of the Justice and Development Party and was also a member of the National Salvation Party, Welfare Party and Virtue Party. From March 2003 to August 2014, Rajab was a member of the Grand National Assembly. He served as the 28th Mayor of Istanbul from March 1994 to November 1998, and from March 2003 to August 2014, he served as the 25th Prime Minister of Turkey. Erdogan became the leader of the AKP in May 2017. At one point, he was stripped of being the mayor of Istanbul and imprisoned for four months for reciting a poem promoting a religious view of the government.

Erdogan family fortune

Erdogan was famous for bankruptcy before he entered politics. In 2011 and 2012, during his time as Prime Minister, he transferred at least $15 million to overseas trusts. His net worth today is said to be in the hundreds of millions or billions of dollars range. Rajab suspiciously explained that his newfound wealth was a gift from his son. In 2004, shortly after his election as prime minister, a US diplomatic cable reported that Erdogan had control of “at least 8 Swiss bank accounts”. In 2016, the German newspaper “Bild” conducted an investigation that concluded that Rajab Ahmed’s son has a net worth of $80 million without a clear source. The same newspaper reported how Rajab’s younger son, Bilal, is often linked to “suspicious criminal deals”. A phone call over Erdogan’s head was reportedly intercepted ordering a bank to “liquid perhaps a billion dollars in cash”. In 2017, a European news outlet called theblacksea.eu conducted an investigation that found the Erdogan family controlled at least three funds located on the Isle of Man. The same publication showed evidence that the family controlled $25 million worth of oil assets. In 2018, Recep appointed himself head of Turkey’s $40 billion sovereign wealth fund. His son-in-law, Berat Albayrak, is his deputy in the fund, in addition to being the country’s finance minister and oil minister.

previous life

Recep Tayyip Erdogan was born on February 26, 1954 in Kasimpasa, Istanbul, Turkey. He is the son of Ahmed and Tanzil Erdogan, who passed away in 1988 and 2011 respectively, and he has two younger brothers, Mustafa and Visel. He also had two half-brothers, Hasan and Mehmet, from Ahmet’s marriage to Haveli Erdogan. During his early childhood, Recep’s family lived in Rize, where his father worked as a captain in the Turkish Coast Guard. When Erdogan was thirteen, the family returned to Istanbul, and as a teenager, he sold postcards that he had bought with his weekly allowance. He was also a street vendor selling sesame bread rings known as simit. Recep played football in his youth, and the local football stadium is now called Recep Tayyip Erdogan Stadium in his honor. Recep attended Kasımpaşa Piyale Primary School and Imam Hatip Religious High School, graduating in 1973. He was a participant in the National Turkish Student Union, and won a poetry reading competition sponsored by the Society of Turkish Technical Painters. Erdogan later enrolled in Eyüp High School because the university he wanted to attend, Mekteb-i Mülkiye, did not accept graduates of Imam Hatip. Rajab’s official biography indicates that he graduated from Aksaray College of Economics and Commercial Sciences, where he studied business administration, but many sources doubt that he attended the school at all.

career path career path

From 1976 to 1980, Erdogan served as head of the National Salvation Party (MSP) Beyoglu Youth Branch and MSP Istanbul Youth Branch, then served as a senior executive and advisor in the private sector when political parties shut down as a result of the 1980 military coup. In 1984, he was elected Beyoglu district chairman of the newly formed Welfare Party, and in the following year, he became Istanbul Province Welfare Party Chairman and joined the party’s Central Executive Council. During his tenure as Istanbul Provincial President, Recep encouraged women and young people to get involved in politics. In March 1984, he was elected mayor of Istanbul, and was sentenced to prison for reading Ziya Kokalb’s poem which was deemed “incitement to violence and religious or ethnic hatred” at an event in December 1997. Erdogan spent four months in and was released in July 1999. In 2001, he founded Rajab and some of his AKP friends, was elected as the founding president of the party. He became Turkey’s prime minister in 2003 and, according to his official biography, “the country has made great progress in democracy, transparency and corruption prevention.” In 2014, he became the first person to be elected President of Turkey by popular vote, and in 2017, he was elected Chairman of the Justice and Development Party. Erdogan was re-elected president in 2018 with 52.59% of the vote.

Recep Tayyip Erdogan

GT

personal life

Rajab married Amina Gulbran in July 1978, and they have four children, sons Ahmed Burak (born in 1979) and Necmettin Bilal (born in 1981) and daughters Isra (born in 1983) and Soumia (born in 1985).

Honors and Honors

Erdogan has received honorary doctorates from more than 40 universities, including Aleppo University, Istanbul University, Moscow State University, Shanghai International Studies University, University of Algiers, Qatar University, Sarajevo International University, and Mukugawa Women’s University. He was honored with the Medal of Russia “In Commemoration of the 1000 Years of Kazan” (2006), the Georgian Order of the Golden Fleece (2010), the Order of the Golden Eagle from Kazakhstan (2012), the Amir Amanullah Khan Award of Afghanistan (2014), the Belgium Prize. Grand Cordon of the Order of Leopold (2015), Grand Cordon of Tunisia in the Order of the Republic (2017), National Order of the Lion of Senegal, State Order of Paraguay (2018), Order of Ukrainian Prince Yaroslav the Wise (2020), Order of Turkmenistan for Contribution to the Development of Cooperation (2021) ).

Rajab was awarded the Golden Plate Award by the Academy of Achievement in 2004 and the Mediterranean Fondazione Mediterraneo Award for Enterprise in 2005, followed by the Caspian Energy Integration Award and the Red Crescent Award for Distinguished Service in 2006. In 2009, he was awarded the Key to the City of Tirana (Albania) and the Turgut Award Özal Thought and Move Association for Contribution to World Peace. Erdogan has also received the King Faisal International Prize (2010), the United Nations Habitat Prize (2010), the Medal of Honor from the Brazilian Confederation of Industry (2010), the World Health Organization Prize for Tobacco Control (2010), the Gold Medal of Independence for Kosovo (2010), the Leader’s Award The year of the Union of Arab Banks (2010), and the Palestinian International Award for Excellence and Creativity (2011).

Real estate

Erdogan owns an 85,000 square meter vacation home in Marmaris, Turkey, worth $73 million. His main home is said to be worth $615 million.



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