Hamdi Ulukaya Biography
Birthday: October 26, 1972 (Scorpio)
Born In: Erzincan, Turkey
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.