Jun 08 2018

Turkish media mogul passes away

Erdoğan Demirören, a Turkish entrepreneur and media magnate, lost his life at the age of 79 on Friday.

On Thursday he had been appointed the chairman of Doğan Media Group, a company including Hürriyet newspaper and television channel CNNTürk which he had bought in April for $916 million, making him one of the biggest players in the Turkish media.

His children Yıldırım Demirören, who heads the Turkish Football Federation, Tayfun Demirören, and Meltem Demirören Oktay are expected to take over responsibility for the business.

In addition to Doğan, and newspapers Milliyet and Vatan, he also owned a wide range of companies including one of Turkey’s largest groups of energy companies, a series of construction companies, and mining interests.