Hamdi Ulukaya

Description: (Entrepreneur)

Hamdi Ulukaya is a US-based entrepreneur and philanthropist of Kurdish origin. With a net worth of US $2.0 billion, he is one of the most successful businessmen in the US. The son of a dairy farmer who migrated from Turkey to the US to study English, he is now the owner and C.E.O of the United States’ most popular strained yogurt brand: Chobani. A compassionate leader who gave up football to pursue an education in university, he has developed an employee-oriented culture at his company. He helped strained yogurt capture more than 50% of the market; striking progress from the previous 1%. Offering wages and benefits above the industry average, his business philosophy is akin to his dislike for the word ‘capitalism,’ and instead, prefers the word ‘entrepreneurship’. He also gave his employees, 2000 at the time, 10% of Chobani’s shares. However, his unwillingness to let go of his ownership and control over the company, by going public, has rendered the stocks useless to the employees. His philanthropic efforts are largely focused on providing relief to refugees; consequently, refugees represent 30% of his workforce.

Overview

Birthday October 26, 1972 (Scorpio)
Born In Turkey
Spouse/Ex- Ayşe Giray (m. 1997–1999), Louise Vongerichten (m. 2018)
Parents
Emine Ulukaya

Did you know

How did Hamdi Ulukaya start Chobani yogurt? Hamdi Ulukaya founded Chobani in 2005, after purchasing a yogurt plant in New York. He wanted to bring authentic, high-quality yogurt to the US market.
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