In the early 2000s, a young Turkish immigrant named Hamdi Ulukaya was living in upstate New York, working odd jobs and saving money. With a passion for entrepreneurship and a dream of bringing authentic, high-quality yogurt to the American market, Ulukaya decided to take a leap of faith. In 2005, he invested his life savings of $80,000 to purchase an abandoned yogurt factory in New Berlin, New York, marking the beginning of what would become Chobani Yogurt.

Ulukaya’s vision was clear: he wanted to produce creamy, delicious, and most importantly, natural yogurt using only the finest ingredients. He named his company “Chobani,” a nod to his Turkish heritage, meaning “shepherd” in Turkish. Ulukaya believed in creating a product that was not only tasty but also beneficial to one’s health, a stark contrast to the highly processed, sugar-laden yogurts prevalent in the market at the time. His commitment to quality and authenticity resonated with consumers, and Chobani Yogurt began to gain traction.

Chobani Yogurt’s Current Net Worth (as of 2025)

As of 2025, Chobani Yogurt’s current net worth is estimated to be around $3 billion, according to the latest available information.

Career

Hamdi Ulukaya, the founder of Chobani, started the company in 2005. With a background in food manufacturing and a passion for natural, healthy products, Ulukaya saw an opportunity to introduce authentic, strained Greek yogurt to the American market. He purchased an old yogurt plant in New York and began producing Chobani yogurt, which quickly gained popularity due to its unique taste and health benefits.

Other Ventures

In addition to Chobani, Ulukaya has invested in several other ventures, including a venture capital firm called Chobani Ventures. The firm focuses on investing in early-stage food and beverage startups that align with Ulukaya’s mission to promote healthy, natural, and affordable food. Ulukaya has also been involved in various philanthropic efforts, including supporting refugee causes and promoting entrepreneurship.

Assets

Chobani’s primary asset is its yogurt production plant in New Berlin, New York. The company also owns several distribution centers across the United States to support its nationwide distribution. Additionally, Chobani holds valuable intellectual property, including its brand name and proprietary yogurt-making techniques.

Annual Income

As of 2021, Chobani’s annual revenue was reported to be around $1.5 billion. The company has experienced steady growth since its inception, with its revenue increasing by 30% annually between 2010 and 2015. Chobani’s annual income has been driven by the increasing demand for Greek yogurt and the company’s successful expansion into new product lines and markets.

Frequently Asked Questions about  Chobani Yogurt

Frequently Asked Questions: Chobani Yogurt

1. What is the net worth of Chobani Yogurt?

As of the latest estimates, Chobani Yogurt’s net worth is approximately $3 billion.

2. Who is the founder of Chobani Yogurt?

Hamdi Ulukaya, a Turkish immigrant, founded Chobani in 2005.

3. When was Chobani Yogurt established?

Chobani Yogurt was established in 2005.

4. Where is Chobani Yogurt headquartered?

Chobani’s headquarters are located in Norwich, New York.

5. What are the main products of Chobani Yogurt?

Chobani is known for its Greek yogurt, but it also offers a variety of products like non-dairy yogurt alternatives, drinks, and tubes.

6. How many employees does Chobani Yogurt have?

Chobani employs over 2,000 people across its facilities and offices.

7. Where can I buy Chobani Yogurt products?

Chobani products are available in most major grocery stores, convenience stores, and online retailers across the United States and internationally.

8. What is the daily consumption of Chobani Yogurt?

Chobani sells over 1 million cups of yogurt per day.

9. Does Chobani Yogurt have any philanthropic initiatives?

Yes, Chobani has a foundation called the Chobani Foundation, which focuses on supporting local communities and promoting education.

10. Is Chobani Yogurt gluten-free?

Yes, all Chobani Yogurt products are gluten-free.