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Fahrettin Altun's son to marry in September: Wedding to be held at Mecidiye Pavilion

Mustafa Bilge Altun, the son of Presidential Communications Director Fahrettin Altun, is getting married. Altun had previously made headlines over allegations that he founded the company MBA Tarım with a capital of 500,000 TL at the age of 20 and increased its capital to 210 million TL within three years.

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Fahrettin Altun's son to marry in September: Wedding to be held at Mecidiye Pavilion

Mustafa Bilge Altun will marry Rümeysa Reis, the daughter of Ergin Reis. The wedding of the Altun and Reis couple will take place on Sunday, September 14, at the Mecidiye Pavilion.

HAD MADE HEADLINES WITH REMARKABLE RISE

Mustafa Bilge Altun founded the company named MBA Tarım with a capital of 500,000 liras when he was just 20 years old, and the company's capital rose to 210 million liras in just 3 years. The allegation, brought to the agenda in an article by BirGün columnist Timur Soykan on August 29, had caused public debate.

The relevant part of the article is as follows:

According to trade records; Altun founded the MBA Yazılım Otomativ Tarım Sanayi Ticaret Limited Şirketi, which bears his initials, in 2021. At the time he founded this company, he was a second-year student in the Geomatics Engineering Department at Istanbul Technical University. He was only 20 years old. He turned to a field unrelated to his geomatics (i.e., geographic information systems, remote sensing, global positioning) education: Agriculture. The company's capital was 500,000 TL. The company's address was in Pendik, Istanbul.

The young man, whose mother and father are public officials, went for a capital increase in 2022 by depositing 9 million TL in cash.

The company moved from Istanbul to Kocaeli-İzmit in 2023. During this time, the company went for another major capital increase.

Its capital became 67 million 700 thousand TL. This was not enough. On June 27, 2024, the company's capital was increased to 210 million TL, and the entire capital appears to belong to Altun.


News Source: 12punto

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