Recep Tayyip Erdogan Net Worth (March, 2023): Earnings, Age, Height, Wife

Recep Tayyip Erdogan net worth: $500 Million

Recep Tayyip Erdogan net worth is around is $500 Million. Recep Tayyip Erdogan is the twelfth and current President of Turkey

Recep Tayyip Erdogan

Serving as the twelfth President of Turkey since 2014 and being involved in the political scenario of the country since 1994 as the Mayor of Istanbul, Erdoğan has not only gained popularity among the Turks but has also gained immense wealth and honour from many countries.

Though he was considered “broke” during his initial years as a politician, he had a significant rise to the money hill and that had led to several doubts from not only other countries, but also among his own nation. However, the suspicious behaviour did not stop Erdoğan from being one of the most influential beings on this planet.


The reputed Presidential Complex or Cumhurbaşkanlığı Külliyesi in Turkish, situated in Ankara, is the not-so-humble site of residence of Erdoğan.


The Palace was initially supposed to be the residence of the Prime Minister of Turkey however after Erdoğan became the President of the nation and member of The Justice and Development Party, he decided to make it the residence of the President of Turkey that is, himself. It has been estimated that more than $600 Million was spent of the creation of the palace.

The Presidential Complex is also home to the largest library of the country, the Beştepe Millet Mosque, a C4I bunker, the 15 July Martyrs’ Monument and much more. There have been several controversies regarding the building of the Presidential Complex as the budget had skyrocketed the initial budget and is well over the country’s over all financial economy and stability.

Other than the luxury palace, Erdogan is dubbed the “world’s best real estate agent” has he has sold several pieces of land of the country to increase the financial standing of the country and of his own pocket.

Erdogan Salary as politician:

It has been stated that the annual earnings of Erdogan comes around the ballpark of $65 thousand. This is also stated as the official salary of the President of Turkey. However, Erdoğan has not just been persistent on pone source of income.

He has acquired several valuable assets throughout his career and are said to be deposited and hidden away in overseas trusts reportedly located in the Isle of Man.

Public funds, assets, real estate and such are the real sources of income for the current President as one source is never enough for a man of such power and prestige. In terms of power, Forbes has listen Erdoğan to be the 48th most powerful man in 2018.


Recep Tayyip Erdogan was born on the 26th of February 1954 to Ahmet Erdoğan and Tenzile Erdoğan in Kasımpaşa, as poor neighbourhood in Istanbul. Erdogan was one of five siblings in which, two of them were his half-brothers.

Erdogan with wife

The family suffered financially therefore, Erdoğan used to take his weekly allowance which was less than a dollar to buy postcards and resell them for a higher price.

For his education, Erdoğan would attend a religious vocational school and he acquired his alma mater from the Marmara University in Istanbul. It was during this period that the soon to be president was influenced by politics and took a serious liking into it.

After he assessed his own country during his time as an up and coming politician, this is what he rightfully said- “Democracy is like a streetcar. When you come to your stop, you get off.”

Erdoğan married Emine Gülbaran in 1978 and had four children- Ahmet Burak, Necmettin Bilal, Esra and Sümeyye. He himself was a strong believer in the power of a trustworthy family and even said- “Strong families lead to strong nations.”


At the current time, Erdoğan is 68 years of age. His reported height is said to be 185 centimetres which would be 6 feet. His reported weight is said to be 81 kilograms which would be 180 pounds.


Before being one of the most influential presidents in the world, Erdoğan was the Mayor of Istanbul from 1994 to 1998 with 25.19% of the popular votes.

Although Erdoğan was the dark horse of the electoral run, he had tackled major issues such as water shortage, road traffic and pollution. This brought a lot of good light to the name of the Mayor and was liked by the residents.

The United Nations even awarded Erdoğan the UN-Habitat award during his term. However, in the December of 1997, Erdoğan recited a poem by Ziya Gökalp which included translated verses which were deemed to threaten the secularism of the nation.

Due to this, Erdogan was sentenced to months of imprisonment however, Erdogan only served four months from 24th March 1999 to 27th July 1999. After he was released, Erdogan could no longer continue being the Mayor due to his conviction.

Erdogan was then part of the Virtue Party but after it was banned, Erdoğan along with Abdullah Gül started the Justice and Development Party (AKP). The AKP was successful and won 34% of the votes for the general election in 2002 and this made Erdoğan the Prime Minister of Turkey in 2003 to 2014.

During this time, Erdogan served as Prime Minister for three terms and was not allowed to run for the fourth time and hence why he decided to run for presidency in 2014.

Erdogan became the first President of Turkey to be directly elected instead of just by the parliament. Since the start, Erdogan had plans to expand his presidency however there were many downs the Erdoğan government had to face.

On the fateful night of 15th July 2016, a violent coup was staged to accuse Erdoğan and the AKP for undermining democracy and damaging the rule of law in Turkey. The coup was however overcome by the army and ended the violence there.

Using this, Erdogan gained his presidency for the second term from 2017 onwards. Erdoğan has built bridges with several countries and has a consistent relationship with numerous countries and is negotiating its accession to the European Union (EU) as a member state.

Erdogan Achievements:

The country of Turkey now has relations with numerous major countries are in good favor with every one due to the bridges built by the President Recep Tayyip Erdoğan. Other than his political accomplishments he has made the tax collection system functional as before him, it was not practical to the citizens.

Erdogan with award

He also made it possible to learn and study openly for minorities in their own language encouraging them to come to Turkey as well as made it possible to say or right down your religious believes. He privatised some of the government’s bodies and ended military tutelage.

He has also received his alma mater from the Marmara University in Istanbul however some speculate that the President never really did attend the university. He has also received several honorary doctorates from over 40 universities.