Erol Evcil

Quick Facts

Full Name	Erol Evcil
Occupation	Businessperson
Date Of Birth	May 2, 1966(1966-05-02)
Age	58
Birthplace	Mudanya
Country	Turkey
Birth City	Bursa Province
Horoscope	Taurus

Erol Evcil Biography

Erol Evcil is one of the most popular and richest Businessperson who was born on May 2, 1966 in Mudanya, Bursa Province, Turkey.

In 1991 Evcil attempted to obtain a bank loan from Türkiye İş Bankası, but was turned down. After setting up a company with relatives of key bank officials, Evcil’s Erev Tekstil company was able to obtain a TL125bn loan. The capital of Evcil’s olive products company, Eze Zeytincilik, grew by the same amount on the same day. Eze Zeytincilik had been set up with a $50m loan from moneylender Nesim Malki. Eze Zeytincilik claimed to be a successful exporter, but its factory was still under construction in 1995, and records of alleged sales achieved showed prices a third higher than other Turkish companies were able to charge. The fraud continued until Evcil’s debts exceeded $100m and Evcil was unable to even keep up with the interest payments, at which point Is Bank began to investigate. Investigations were stymied by the bank’s attempts to protect leading bank officials. Evcil’s Eze Zeytincilik was confiscated by Is Bank in mid-1997, with the facility and lands estimated to be worth $4m, against $140m credit advanced for investments in the company. He had also obtained credit from a dozen other banks and financial institutions, including $75m from Türk Ticaret Bankası.

Evcil came from an olive-growing background, he became known as the “olive king”, and founded Zeytinoglu Holding in the late 1980s, becoming known as a major exporter. In the 1990s he employed many former high-ranking state officials, and won state privatization tenders. On 27 August 1994 he obtained a court order officially changing his surname to “Esrefoglu”, but continued to use his old surname in all his transactions.

Erol Evcil Net Worth

Erol Evcil is one of the richest Businessperson from Turkey. According to our analysis, Wikipedia, Forbes & Business Insider, Erol Evcil 's net worth $5 Million. (Last Update: December 11, 2023)

Erol Evcil (born 2 May 1966, Mudanya, Bursa Province), is a Turkish businessman convicted of money-laundering and ordering a murder. Coming from an olive-growing background, he became known as the “olive king”, and founded Zeytinoglu Holding in the late 1980s. In the 1990s he employed many former high-ranking state officials, and won state privatization tenders. He was a millionaire by age 25, and top of the police “most wanted” list by age 30. At the height of his success he had three private planes (which he lent freely to politicians and public officials), and a famous singer (Gülben Ergen) as a girlfriend, and was one of the most famous people in Turkey.

Height, Weight & Body Measurements

Erol Evcil height Not available right now. Artur weight Not Known & body measurements will update soon.

Who is Erol Evcil Dating?

According to our records, Erol Evcil is possibily single & has not been previously engaged. As of December 1, 2023, Erol Evcil’s is not dating anyone.

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Facts & Trivia

Artur Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in Turkey. Erol Evcil celebrates birthday on May 2 of every year.