Semahat Sevim Arsel was born on 1928 in Istanbul, Turkey, Turkey. Semahat Sevim Arsel is a member of the board of directors of Koc Holding, the family conglomerate. She manages the group's tourism investments including Setur Tourism and Divan Hotels. She suffered from an extended childhood illness, which motivated her to support nursing education and research. She is the president and founder of the 23-year-old Semahat Arsel Nursing Education & Research Center (SANERC), the vice president of the Florence Nightingale Foundation and the founder of the Koc University Nursing Academy. Her sister Suna Kirac and brother Mustafa Rahmi Koc are also billionaires. In January 2016, Rahmi's son Mustafa, CEO of Koc Holding, died of a heart attack, at age 56. Omer Koc, Mustafa's brother, succeeded him as CEO. The Koc Group operates in four main sectors: energy, automotive, durable consumer goods and finance. Other activities include technology, food, retail, agriculture and shipbuilding.
Semahat Sevim Arsel is a member of Diversified
Biography/Timeline
1928
She was born Semahat Sevim Koç in Ankara in 1928, the eldest child of Vehbi Koç (1901-1996).
2014
Her husband Nusret Arsel died in January 2014. They had no children. She lives in Istanbul.
2015
As of November 2015, Forbes estimated her net worth at US$2.4 billion.
