Recep Tayyip Erdogan’s net worth revealed after Turkey election win

 Recep Tayyip Erdogan’s net worth revealed after Turkey's election win 

 

Recep Tayyip Erdogan’s net worth revealed after Turkey election win 

Recep Tayyip Erdogan reclaimed his victory in the Turkey elections despite rumors of ‘manipulated’ results and brought in sweeping new powers for the AK Party leader until at least 2023 The Turkish elections, held more than a year early, complete the NATO member’s transition from a parliamentary government system to a presidential one Erdogan took 52.

5 percent of the vote in the presidential race, with more than 99 percent of the votes counted while the AK Party took 42 5 percent in the parliamentary polls.

 The latter count was boosted by its nationalist allies which outstipped expectations, taking 11 1 percent and the opposition candidate Muharrem Ince was left with 31 percent.

Outside of his party headquarters in Ankara, Erdogan said: ‘This election’s victor is democracy, this election’s victory is national will ’ But what is Recep Tayyip Erdogan’s net worth?Recep Tayyip ErdoganBorn.

 on February 26, 1954, Recep Tayyip Erdogan started out in humble beginnings as the son of a coastguard on Turkey’s Black Sea coast At the age of 13, Erdogan moved to Istanbul with his four other siblings where he attended an Islamic school before getting a degree from Marmara University in Management He went on to play professional football and became renowned for his fame after playing for the Turkish football club Kasımpaşa, while also being a member of Necmettin Erbakan’s Welfare Party and active in Islamic circles.

Erdogan ended his footballing career when he was elected as the Mayor of Istanbul, but after military officers made a power grab, the Welfare Party was banned A year later in 1999, he was jailed for four months for publicly reading a nationalist poem that included the lines:

‘The mosques are our barracks, the domes our helmets, the minarets our bayonets, and the faithful our soldiers ’In 2001 with Abdullah Gul, Erdogan founded the Islamic-rooted AKP, the party that went on to win a solid majority in the parliamentary election and led to Recep being appointed as prime minister.

More than a decade later, a corruption scandal battered his government and although Erdogan blamed the Gulenists, three cabinet ministers’ sons were arrested.

Erdogan became the President in 2014, he survived an attempted coup by factions within the military and went on to win the referendum on increased presidential powers At the time,

Erdogan said that the plot was engineered by the US-based Muslim cleric Fethullah Gulen, who headed up a network of schools educating people about the Hizmet movement, which promotes altruism and modesty.

Since then, Turkish courts have jailed dozens of officers for alleged coup plots after the failed attempt, which claimed at least 240 lives According to officials, Erdogan’s life was also put in danger while staying in Marmaris, but he was back in less than 12 hours with a TV appearance during which he declared himself a ‘chief commander’ Although.

the Turkish President has resolved economic problems, he has also been considered to be an autocratic leader who is against anyone who opposes him Despite denying that he wants to impose Islamic values and revealing that he is committed to secularism, his supporters still refer to him as ‘Sultan’, a reference to the Ottoman Empire.

Turkey lifted the ban on women wearing headscarves in the country’s state institutions in 2013 but bids to criminalize adultery and introduce alcohol-free zones failed Erdogan has also stated that

 ‘no Muslim family’ should consider birth control or family planning because of his aim to ‘multiply our descendants’ The AKP has also managed to keep inflation under control after the 1990s when it soared above 100 percent, but in 2014, the economy started to change and unemployment rose above 10 percent.

Erdogan's wife Recep Tayyip Erdogan married Emine Gulbaran on July 4, 1978, and the couple have two sons, Ahmet Burak and Necmettin Bilal and two daughters, Esra and Sumeyye 2018 Turkish elections Erdogan declared victory in the Turkish presidential election in June 2018 amid speculation of ‘manipulated’ results and the President received the executive powers he has sought to tighten his grip on the nation The AKP will now rule over Turkey until 2023 after its victory in parliamentary and presidential polls, taking 42

5 percent while Erdogan garnered 52.5 percent of the vote. The opposition’s candidate Muharrem Ince took nearly 31 percent President Erdogan will now form a government as well as appoint ministers, vice presidents, and top bureaucrats He will also be able to issue decrees, prepare budgets, and impose states of emergency The role of prime minister has now been scrapped and is thought to further dilute democracy in Turkey under Erdogan’s one-man rule Erdogan net worth Recep Tayyip Erdogan’s net worth has accumulated to approximately $58 million (£44m) and is the richest Turkish politician according to Top Richest

 Erdogan was also listed as the 48th most powerful person on the 2018 Forbes list However, this figure seems a little high for someone who just earns $58,000 (£44,000) a year, as reported by the German newspaper Bild  The article then went on to cite data published by Turkish opposition newspaper Cumhuriyet which stated that all members of the Erdogan family appear to be in business Bild also revealed that Erdgogan's son Ahmet’s net worth amounted to around $80 million (£60m) and made claims that he may be supported by the Turkish government

Erdogan’s other son Bilal, who frequently garners media attention for alleged criminal activity, now lives in Italy after being embroiled in a political corruption scandal The Turkish President also has one of the most lavish official residences in the world, the Ak Saray, otherwise known as the White Palace, which has a whopping 1,100 rooms, 250 of which are for the sole use of the Erdogan family Thought to be 30 times the size of the White House and believed to be the largest palace built anywhere in the world for more than 100 years, a reported £7 million was spent on carpets and another £5 million on 400 10ft high double doors

The silk wallpaper is thought to have cost £2,000 a roll and one drinking glass in the household is worth £250  Due to the numerous spas, swimming pools, bathrooms, and steam rooms, the heating bill is thought to run up to £500,000 every winter The entire home is thought to have cost £500 million to construct.

Tayyip Erdogan’s net worth

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