Dinç Bilgin

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Dinç Bilgin (born 1940) is a Turkish businessman who built a large media group. He started at Yeni Asır and founded Medya Holding, which owned newspapers such as Sabah (launched in 1985) and Takvim (1994) and TV stations like ATV (1993). The group later sold for about $1.1 billion. He also started Ateş and Yeni Yüzyıl in 1995 and sold them in 1998 to Korkmaz Yiğit. In March 1998, Etibank was privatized and bought by Medya İpek Holding A.Ş., co-owned by Bilgin and Cavit Çağlar, for $155 million, and then the bank was sold to Bilgin’s Medya Sabah Holding A.Ş. in 2000. It was taken over by the government’s TMSF in October 2000. In 2011, Bilgin was sentenced to nearly five years in prison for financial irregularities related to Etibank.