What is Mubariz Gurbanoglu's Net Worth?

Mubariz Gurbanoglu is a Turkish businessman who has a net worth of $1.3 billion. Mubariz Gurbanoglu secured his place among billionaires as the founder and owner of the Palmali Group of Companies, which holds interests in dairy products, media, resorts, airplanes and has Palmali Navigation, as its biggest division. With a fleet of over 200 ships, Palmali Navigation mainly ships crude oil from the Black Sea to ports around the world.

Gurbanoglu has inked long term and lucrative contracts with Lukoil and the Socar oil companies. Apart from transporting oil, Gurbanoglu offers oil exploration and provides storage services to clients on the Hazar Sea. An avid soccer fan and player, Gurbanoglu owns the soccer club Lankeran based in Azerbaijan.