TRNC businessman and owner of NEU, Suat Günsel ranked 1638th on the Forbes list of Billionaires

Turkish Cypriot business tycoon and owner of the Near East University [NEU] Suat Günsel ranked the 1638th on the Forbes list of billionaires. Compared to his position on last year’s list Günsel fell back by 266. He is also the 5th richest person in Cyprus as confirmed by the Forbes Wealth Investigation team.

Suat Günsel owns North Cyprus' largest university, Yakin Dogu (Near East) University. The majority of his wealth comes from the university and from the hospital, bank, hotel, gas station, molding, plastics and cable production companies he owns under the same name. He is also the owner of one of the largest land portfolios in northern Cyprus.

In 2013 he opened Girne University (also known as Kyrenia) on the coast of northern Cyprus, specializing in nautical studies. 

In September 2013 he invested $30 million to build the largest mosque in  Cyprus on the Yakin Doğu campus.

Source: Forbes Billionaires List 2015