Suat İrfan Günsel (born 3 August 1952) is a Turkish Cypriot property developer, businessman and founder and 100% owner of Cyprus's private Near East University. In 2011, Forbes ranked him as the second richest person in Cyprus and the 1,140th richest person in the world with a net worth of $2 billion.

Early life

His father was İrfan Günsel, who died on 6 November 2015.

Suat Günsel

He received a bachelor's degree in physics from Middle East Technical University in Ankara, Turkey.

Suat Günsel

Career

The majority of his wealth comes from land owned in Cyprus and Turkey.

Suat Günsel

Günsel built Cyprus's private Near East University (which he owns in its entirety) from 1988, funded by profits from "his property empire and other business interests".

Günsel is president of Near East Bank.

Personal life

Günsel, is married with three children, and lives in Nicosia, Cyprus.

Honorary doctorates

Günsel has received honorary doctorates from the following universities:

2010 Comrat State University, Moldova

2010 Azerbaijan State University Azerbaijan

2011 Izhevsk International Eastern European University of Republic of Udmurtia, Udmurt Republic 2011 Odlar Yurdu University, Azerbaijan 2013 Crimean Engineering-pedagogical University, Crimea 2013 Baku Eurasian University, Azerbaijan 2016 Ardahan University 2016 Southern Federal University of Russia (IMBL)

Awards and prizes

Some awards and prizes given to Günsel are as follows;