Simple dreams become big ideas
World Entrepreneur Of The Year
Plan to attend in 2014:
EY World Entrepreneur Of The Year
4-8 June, 2014
Congratulations to the 2013 World Entrepreneur Of The Year, Hamdi Ulukaya!
From a dairy farm in eastern Turkey to a closed-down factory in upstate New York, Hamdi Ulukaya's business journey led him to be named World Entrepreneur Of The Year 2013 in Monaco. Chobani Greek Yogurt is now the best-selling brand of yogurt in the US, and it's moving world-wide to a store near you! More >>
Nothing but good
When it comes to making yogurt, Turkish-born entrepreneur Hamdi Ulukaya has the magic touch. Chobani Greek Yogurt, which he launched in 2007, is already the best-selling brand of yogurt in the US. Made using a centuries-old technique of straining to remove excess liquid, it comes in a wide range of flavors from plain to mango, passion fruit and strawberry banana.
Hamdi was born into a dairy-farming family in eastern Turkey, but he moved to the US in 1994 to learn English and pursue business school. He never finished business school. Instead, he started making feta cheese in upstate New York in 2002 after his father visited and complained about the quality of the cheese on sale.
Friends don’t know everything
Three years later, Hamdi bought a closed-down yogurt factory, despite being advised against it by friends, and founded his company Chobani. He started out with five employees and it took a year and a half to develop the product.
In 2009, Hamdi signed a major deal with leading US grocery wholesaler Costco, and today Chobani’s annual sales are approaching US$1b. It has a workforce of more than 2,200 people and sells its products in Australia and the UK, as well as in the US. Chobani’s newest US manufacturing facility is the largest yogurt factory in the world.
Another American dream comes true
As an immigrant, Hamdi believes in embracing change and improving communities, so 10% of Chobani’s profits are donated to the company’s charitable foundation, Shepherd’s Gift Foundation. The company is an official sponsor of the US Olympic team, and its corporate philosophy is “Nothing but good.”
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