How Turkish Brothers Made Billions From Shipping Boom

How Turkish Brothers Made Billions From Shipping Boom

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The Yilderum brothers, co-owners of Guilderm Holding, have seen their industrial group triple in value over three years. Their wealth, now nearly $7 billion, stems from industrial activities and a lucrative investment in a shipping firm, CMAC GM, which yielded over 800% returns. As part of a $90 billion marine transport boom, they plan to expand into solar farms and US fertilizer plants. However, they face challenges, including a $4.2 billion lawsuit from a nephew, highlighting the pressures of their rapid success.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the Guilderm brothers face during their expansion plans?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the lawsuit faced by the Guilderm brothers?

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