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He made his money by selling his own digital agency in the early 2000s for 26 billion lire (something in the range of $14.5 million), an evaluation that he admits being crazy for that time.
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"Could you end up having a contract and end up with lira or drachma or something like that?" Consider an Italian corporation that owed a foreign bank 5 million euros, with a loan agreement struck under Italian law.
After a vice president from the school's legal department interrupted to whisper something into his ear, Mr. Lira stormed out of the room, warning a reporter not to write anything that he would deem hurtful.
They can immediately do something otherwise they could not with monthly wages of 3,000-5,000 Turkish Liras.
He demanded 500,000 lire.
The protests in Istanbul are just one more reason to sell the lira.Is this a panic or something more serious?
At this point I realised something odd was going on, so I got up to leave - and was presented with a bill for no less than 349,000,000 lire.
Entrance to this area costs 6000 lire.
This came to 1.01 billion lire.
The lira fell steadily, from 560 lire to the U.S. dollar in 1973 to 1,400 lire in 1982.
Last year I earned 10 billion lire [$4.6m ]
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