Demirören group founder passes away at 80
Demirören had been receiving treatment at Istanbul’s Florence Nightingale Hospital’s intense care unit since May 31.
“Businessperson Erdoğan Demirören passed away at 11:53 a.m. today. Erdoğan Demirören, who had been receiving treatment for respiratory distress for a while, went on with his life without suffering, due to the close interest and attention from his family and intense efforts of hospital staff up until today,” said the hospital’s chief medical coordinator Özgür Şamilgil on June 8.
“We are in deep grief,” she said.
“We lost a big man,” he added.
The funeral ceremony will take place at the Fatih Mosque in Istanbul, according to a statement by Mehmet Soysal, CEO of Demirören Media Group.
The title of the Doğan Media Group has formally been changed to Demirören Media Group, with the company acquiring assets, including daily newspapers Hürriyet and Hürriyet Daily News, as well as private broadcasters CNN Türk and Kanal D.
He later moved to Istanbul, where he graduated from the Saint Benoit French School.
He played football professionally for the Beşiktaş Sports Club and Emniyetspor.
Demirören was 19 years old when his father passed away. Following his father’s death, Erdoğan took over the family business at a young age. His first job was at Kolaylık Oto, a firm importing automobile spare parts.
But Demirören’s business activities were not limited to the energy sector. He invested in education, tourism, and industry and owned a number of companies in those sectors.
In 2011, he entered the media business. Demirören bought Milliyet and Vatan newspapers. His next move in the media industry would be the acquisition of Doğan Media Group seven years later.
He received an honorary doctorate from Haliç University in Istanbul.