It isn’t easy, creating a fortune out of almost nothing and taking a leap of faith into unknown ventures in a foreign land. Saygin Yalcin managed to do just that, surviving and thriving in a complicated industry.
Saygin Yalcin’s net worth is a hefty value but entirely deserving of his efforts and dedication to his ambitions. Keep reading to find out how Saygin rose to fame and prominence in his niche.
A Brief Introduction to Saygin Yalcin
Saygin Yalcin is a larger-than-life personality in addition to being a German entrepreneur as well as a Turkish academic lecturer, residing in Dubai. He has found his niche in online merchandising and marketing, known widely for his founding of SellAnyCar, the Middle East’s very first and renowned car sales service.
He is also an affluent social media star and keeps exploring new avenues to diversify his income streams.
Saygin Yalcin’s Early Life and Education
Born in 1985, on May 14 in Germany, not much is known about Saygin’s personal life besides the fact that he has Turkish parents who later relocated to Germany. As a result, Saygin holds dual citizenship in Germany and Turkey.
Ever since childhood, Saygin Yalcin had a love for football which manifested into higher ambitions, leading him to play for the German Junior League A-Junioren Bundesliga. In a bid to keep his learning active, he moved to New York City to become fluent in English.
Saygin Yalcin completed his elementary education in Germany before furthering his studies in the States and Mexico. His graduation took place in Germany from the WHU-Otto Beisheim School of Management with a Master’s Degree in Business Administration.
Saygin Yalcin’s Career Break
Saygin Yalcin moved to New York with the goal of learning English but discovered his love for music while working as a DJ. He did have dreams of wanting to play for some of the biggest music gigs in the city but instead working as a DJ served to become his very first business experience.
Saygin moved to Germany for further studies before heading out to Mexico to learn Spanish. Come 2010, he decided to head to Dubai to begin his professional entrepreneurship and make ample business opportunities.
For a while, Saygin found work as a marketing and sales representative with BMW and even worked with companies like L’Oréal and Capgemini till he could make it big with his own business.
It was tough for Saygin as he didn’t have any investment money for his own start-up. When in Barcia, he happened to come across a restaurant with free Wi-Fi and decided to use it as his office space. When in his hotel, Saygin would work on structuring his business plan and reaching out to investors, and eventually forming his potential team members.
It didn’t take long for Saygin Yalcin to launch his business, one of the fastest-growing companies, and seven months later he had a million dollars of productivity. The core of the business was fashion accessories for women, particularly handbags and diamond rings, and was built with investments borrowed from friends. However, the fashion business was not expectedly successful due to its low budget.
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Stepping into the Arabian Business Field
In 2009, Saygin Yalcin launched Sukar.com, his region’s first online private e-Commerce club. It was a massive hit, raising Saygin’s status as one of the many successful entrepreneurs at a very young age. Three years later Saygin sold the business administration for $600 million to Souq.com.
The next year, in 2012, he rose to become a partner at Souq and Jabbar Internet Group.
And the very next year, he set up his renowned business, SellAnyCar, a car sales service, the very first of its kind in UAE that guarantees a 30-minute sales deal.
Spreading His Knowledge
At this point in life, Saygin Yalcin was a walking reserve of intellectual intelligence and decided to share what he knew about entrepreneurship with like-minded individuals. He began giving lectures at numerous UAE universities, including the Canadian University in Dubai, on topics covering eCommerce and Entrepreneurship.
His next venture was Startup Heroes, an online platform and channel that connects ambitious entrepreneurs with potential investors and mentors. Saygin’s idea behind Startup Heroes was to help both the investors and the entrepreneurs by offering initial exposure, funding, and mentorship, along with quality deals that are often overlooked due to certain conditions.
Saygin Yalcin owns a self-titled YouTube Channel where he showcases and shares his skills in the trade with the masses.
Saygin Yalcin’s Married Life
Just like estimating Saygin Yalcin’s annual income is a tricky affair, so is his personal life. He has never been vocal even about his parents and prefers instead to keep away from media attention. However, we think Saygin Yalcin is still unmarried.
Saygin’s Properties
While Saygin’s lavish lifestyle didn’t come easy, today he lives in a luxurious and fashionable mansion. The collection of cars and properties in his name is no joke.
While he has numerous properties in the UAE, his apartment where he lives in Burj Khalifa is a notable mansion. Valued at approximately $2 million, the apartment covers a good 1,778 square feet.
In 2019, Saygin bought himself a house in Dubai for $17 million boasting fingerprint sensors to unlock the door and other such features. Furthering his investments is private land that Saygin owns in the Middle East, valued at $80 million.
Apart from a private jet valued at $36 million, Saygin’s expensive cars collection is an impressive list including automobiles like Mercedes Benz G-Wagon ($180,000), Rolls Royce Wraith ($498,000) and Rolls Royce Phantom ($420,000), Lamborghini Aventador ($500,000), Bentley Continental GT ($150,000), and Ferrari 458 ($243,000), all worth $180,000 upwards.
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What is Saygin Yalcin Net Worth?
To earn a net worth in billions, that too at such a young age is only acquired through diligent hard work and planning. For Saygin Yalcin, his life adventures began after his move to Dubai. And yet, he had already begun writing his name among young entrepreneurs from Germany itself.
Working with companies like L’Oréal and BMW company in the marketing department taught him the ropes of navigating a huge market and learning the nuances of sales. This fueled him to begin his own start-up in Saudi Arabia, a fashion-oriented eCommerce website that eventually gained him thousands of subscribers.
While the website went for a whopping $600 million, brought by Amazon, his next venture, SellAnyCar still keeps churning out revenue that contributes to Saygin’s overall net worth. Currently, the market evaluation for SellAnyCar is close to $500 million.
Saygin’s numerous expensive properties in the United Arab Emirates also amplify his net worth manyfold. His prestigious apartment in Burj Khalifa, his numerous luxurious cars, his private jet, his private land, and his businesses together make Saygin Yalcin’s career an amazing portfolio.
Thanks to Saygin’s numerous and diverse income streams and business ventures, his estimated net worth is $5 billion and growing steadily. His career as a successful entrepreneur only adds to his net worth and his wealth is merely a by-product of his dedication and efforts.
Public Acknowledgement in lieu of Saygin Yalcin
There is no lack of public praise and acknowledgment that hasn’t been showered on Saygin Yalcin and for good reason. In addition to being recognized as a UBS Industry Leader (included in a network of ultra-high-net-worth individuals) here are some more recognitions conferred on Saygin by various entities.
- The UAE Newspaper dubs Saygin Yalcin as “The Regions Online Business Guru”
- Entrepreneur Magazine Middle East awarded SellAnyCar.com with the title of “Fastest Growing Company in the Middle East”
- An Award by Khaleej Times as “The Technology Leader”
- Coverage by Arabian Business as “One of Dubai’s Most Successful Entrepreneurs”
- Also dubbed by Arabian Business as “One of The Regions Finest Young Entrepreneurs”
- Inclusion by Gulf Business in their list of “Top 10 Entrepreneurs in the Middle East”
- Also made it to Fortune Magazine’s “40 Under 40” list
Final Thoughts on Saygin Yalcin Net Worth
Saygin Yalcin is a personality who is reserved yet wholeheartedly determined as seen from his various endeavors. He has amassed wealth, fame, and fortune close to an estimated $5 billion yet chooses to live life away from media eyes and news. Moreover, Saygin has invested millions in ensuring that what he knows about the business and industry is shared equally with ambitious businesspeople like him seeking opportunities to learn and grow.
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