The Bloomberg Billionaires Index names Hamdi Ulukaya, founder of Chobani Inc., the Greek yogurt maker, as one of the world's newest billionaires.
The American craze for delicious Greek yogurt has made Hamdi Ulukaya, founder of Chobani Inc., one of the world's newest billionaires. According to Bloomberg Chobani has become the best-selling yogurt brand in the U.S., giving Ulukaya a net worth of $1.1 billion.
Bloomberg reported Ulukaya released a statement saying:
“The real story here is the collective success of Chobani and how we as a company, through our fans and community, have left an indelible mark on the yogurt industry.”
Although Ulukaya has made his fortune selling Greek yogurt, he is a 40-year-old Turkish immigrant to America. Both Turkey and Greece share a tradition of yogurt making and Ulukaya has said his brand is just the same as the yogurt hand-made by his mother back home in Turkey. His company only began producing the yogurt five years ago, making the company's amazing progress a runaway success story.
Cashing in on the growth in popularity of Greek yogurt, Chobani became the second company to launch a Greek yogurt bar in New York City this summer.