Vehbi Koç

20 July 1901 – 25 February 1996

Vehbi Koç was a Turkish businessman and philanthropist who founded Koç Holding, one of Turkey's largest industrial conglomerates. Starting from a small grocery shop in Ankara in 1917, he built a trading and manufacturing group that held dealerships and joint ventures with foreign firms such as Ford and General Electric. In 1969 he established the Vehbi Koç Foundation, the first private charitable foundation in Turkey.

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Life events

Born in Ankara
20 July 1901

Born in Ankara in the final years of the Ottoman Empire.

Source: en.wikipedia.org
Birth ✓
Opened a small shop in Ankara
1917

Began trading in groceries and building materials in the Karaoglan district with his father's support.

Source: en.wikipedia.org
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Married Sadberk Hanim
1926

The couple had four children, including his successor Rahmi Koç.

Source: en.wikipedia.org
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Obtained the Ford Motor Company dealership for Turkey
1928

The agency marked the start of a long series of partnerships with foreign manufacturers.

Source: en.wikipedia.org
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Founded Koç Ticaret A.S.
1938

Incorporated his businesses as one of the first joint-stock companies in Turkey.

Source: en.wikipedia.org
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Established a light bulb factory in partnership with General Electric
c. 1948

One of several manufacturing joint ventures that moved the group from trading into industry.

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Founded Koç Holding
1963

Brought his companies together under a single holding structure.

Source: en.wikipedia.org
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Established the Vehbi Koç Foundation
1969

Set up the first private charitable foundation in Turkey, funding education, health and cultural work.

Source: en.wikipedia.org
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Handed the chairmanship of Koç Holding to his son Rahmi Koç
1984

Stepped back from day-to-day leadership and became honorary chairman.

Source: en.wikipedia.org
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Died in Istanbul
25 February 1996

Died at the age of 94.

Source: en.wikipedia.org
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