
Ulukaya turned a $700,000 abandoned Kraft plant into America's #1 Greek yogurt brand worth $12 billion, then gave employees a 10% equity stake — while building a global coalition to hire refugees through the Tent Partnership.
Hamdi Ulukaya is the Founder, Chairman, and CEO of Chobani, the Greek yogurt company he built from a shuttered Kraft yogurt plant in upstate New York into America's #1 Greek yogurt brand.
Ulukaya, a Turkish-Kurdish immigrant from eastern Turkey, purchased the abandoned Kraft factory in 2005 for just $700,000 and launched Chobani in 2007. Within five years, Chobani was the best-selling Greek yogurt in the United States. Today, the company is valued at over $12 billion, employs thousands of Americans, and has expanded into milk, creamers, oat milk, and ready-to-drink coffee. Ulukaya is famous for having given his employees a 10 percent equity stake in Chobani in 2016-an extraordinary act of wealth sharing in corporate America. He has also been a vocal advocate for refugee employment, hiring hundreds of refugees at Chobani facilities, and founded the Tent Partnership for Refugees, which mobilizes the global business community to hire and train refugees. He signed the Giving Pledge in 2015. Ulukaya's story-from immigrant to billionaire food entrepreneur who shares wealth with employees and fights for refugees-is one of the most inspiring entrepreneurial narratives in modern America.

An invitation, extended to Powered readers.