Saygin Yalcin Net Worth
$2.5 Billion

• Saygin Yalcin is a German entrepreneur based in UAE and has a net worth of around $2.5 billion.
• Saygin Yalcin is often ranked as one of the wealthiest entrepreneurs of German-origin who made his name very young.
• He came to Dubai at a very young age in search of job opportunities. He worked with BMW’s sales and marketing team for a while.
• He has also done full-time jobs for companies like Capgemini and L’Oreal.
• Saygin Yalcin founded Sukar.com, which went on to become Saudi’s one of the largest e-commerce platforms.
• com acquired Sukar.com, and it was one of the biggest acquisitions for a start-up.
• In 2017, Amazon bought Souq.com for around $600 million.
• Saygin Yalcin is the founder and CEO of SellAnyCar.com, which is a platform to sell and buy used cars- efficiently and quickly. It is one of the major contributors to his net worth.
• The gross market value of SellAnyCar.com is $500 million. It received investments from Sanabil Investments, Gulf Investment Corporation, Olayan Financing Company, and many other investors.
• Saygin Yalcin owns a 1,780 square feet apartment in the famous Burj Khalifa. The apartment contributes to his net worth by $2 million.
• Saygin Yalcin has an impressive collection of super-expensive cars, which increases his net worth. He has a Rolls Royce Phantom worth $420,000, Bentley Continental GT worth $150,000, Lamborghini Aventador worth $500,000, Mercedes Benz G-Wagon worth $180,000, Ferrari 458 worth $243,000, and a Rolls Royce Wraith worth $498,000.

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How Much is Saygin Yalcin’s Net Worth?

As of 2020, the net worth of Saygin Yalcin is estimated to be around $2.5 billion. His net worth came in billions at a very young age. He had started many ventures when he came to Dubai from Germany. In fact, he even created one start-up back in Germany before moving to Saudi. In Dubai, he started his career by working in the BMW company’s sales and marketing department. He also worked in the marketing departments of companies such as Capgemini and L’Oreal.

Later, he started his own start-up as an e-commerce website for fashionable clothes. Sukar.com gained a number of subscribers from all over Saudi Arabia. It was later acquired by Souq.com, which was later bought by Amazon for $600 million.

Currently, Saygin Yalcin’s net worth is getting increased by the turnovers of his latest company, SellAnyCar.com. He is the CEO and the founder of this start-up, which deals with user cars’ sales and purchases. The current market valuation of this company is around $500 million.

Saygin Yalcin owns many expensive properties that amplify his net worth. One of such properties is a huge apartment at the world-famous Burj Khalifa. This apartment increases his net worth by $2 million. He also has a variety of luxury and expensive cars in his garage that adds up to his net worth of $2.5 billion. He has a Rolls Royce Phantom ($420,000), Bentley Continental GT ($150,000), Lamborghini Aventador ($500,000), Mercedes Benz G-Wagon ($180,000), Ferrari 458 ($243,000), and a Rolls Royce Wraith ($498,000).

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Saygin Yalcin Net Worth: How Has He Created It?

Saygin Yalcin created his net worth of $2.5 billion by making, running, and, sometimes, selling successful businesses. He was born in Germany but made his fortune in Dubai. He came to Dubai at a very young age, aspiring to become a successful person. He worked really hard to achieve his dreams. He started off by doing regular jobs for several companies like BMW, Capgemini, L’Oreal, and many others. However, he had entrepreneurial skills, which he wanted to test. Hence, he started his first start-up in Dubai, named Sukar.com.

It went on to become one of the largest e-commerce platforms in the Middle East. Saygin sold it to Souq.com for an unknown amount. Later, Amazon bought Souq.com for $600 million. Saygin Yalcin founded SellAnyCar.com. It deals with the sales and purchases of used vehicles in the entire Middle-East region. Saygin is currently managing the company as its CEO. The current market valuation of this company is around $500 million. It’s a massive contributor to Saygin’s net worth.

Saygin Yalcin also has a YouTube Channel which has more than 1 million subscribers. He uploads motivational and inspirational videos for budding entrepreneurs. Not that it makes much difference to his net wealth, he earns quite a bit from his YouTube channel as well.

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Saygin Yalcin Facts

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Saygin Yalcin Social Media Profiles

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Saygin Yalcin Biography

Saygin Yalcin is a Dubai-based billionaire who is German by nationality and has Turkish ancestry. He was born in a middle-class family who immigrated to Germany. Saygin completed his primary and secondary studies in Germany and moved to the Middle East in search of job opportunities. Saygin started working in the BMW company as a marketing and sales representative. He learned about business operations and automotive business work cultures from there. Saygin also worked as a trade marketer for L’oreal Paris and a consultant for Capgemini.

Saygin always wanted to be an entrepreneur. He started with an e-commerce start-up for handbags. After making it a successful company, he sold it to KupiVip, one of the Russian companies. The deal he made was one of the biggest deals ever to take place in the handbag market. He completed triple MBA degrees in various subjects. After sensing an opportunity of opening an online private club in the Middle East, he started planning for it. He knew that it would be a huge market for an online private club in the Middle East, as the region didn’t have any of those at that point.

Saygin moved to Dubai at the age of 24 in the year 2009. He just had a backpack and some initial capital for his business plan in Dubai. He once said that he used to go to different restaurants just to use their free Wi-Fi facilities to research his prospects and business opportunities. He just used to order salads in those restaurants – so that they don’t ask him to leave. He eventually succeeded in bagging a total of $5 million investment. He had to lie to the investors about having a team of employees and to the employees that he has a couple of investors in line. He somehow found the trick to start a business from scratch.

With the investments and employees on board, Saygin Yalcin founded a private e-commerce club named ‘Sukar.com.’ It was a success, but Saygin found out that some of his employees were working against him and involved in some fraudulent activities. He terminated each and every employee from his company as he couldn’t find out the specific ones. He had to go on a re-hiring spree for his company. It was a tough time for him, but he managed to assemble a team of trustworthy professionals because of his extraordinary willpower and skills.

Within eight months, Sukar.com started generating revenues of more than $1 million every month. After a couple of years, Saygin sold Sukar.com to Souq.com and became a partner in the profits. Souq.com was the most prominent e-commerce platform in the Middle East. A few years later, Amazon bought Souq.com for $600 million.

He started his next venture as SellAnyCar.com, an online platform that deals with used vehicles. The USP of this company was to streamline the process of selling and buying second-hand cars. At present, the market valuation of this company is more than $500 million. Saygin Yalcin’s net worth, as of today, stands at $2.5 billion. He has multiple businesses registered under his name. He also invests in small start-ups if he senses any capabilities in them. He started a program called ‘Startup Heroes’ in 2018, where he invites budding entrepreneurs t present their ideas to him. If the concept is interesting enough, Saygin helps the young entrepreneurs with the seed fundings.

Today, Saygin is one of the most inspiring entrepreneurs in the world. He lives a lavish lifestyle in Dubai. He has a huge apartment worth $2 million in the Burj Khalifa. He owns many luxurious cars and expensive watches. His net worth is always on an incrementing curve. He also has a YouTube Channel by his name with more than 1 million subscribers.