Şevket Sabancı, a billionaire member of Turkey's Sabancı family, died at the age of 85, local media reported on July 22.
He was one of the four sons of Hacı Ömer Sabancı, the founder of companies that later formed Sabancı Holding, Turkey's second-largest industrial group.
Şevket Sabancı was the deputy chairman of Sabancı Holding until 2004.
New York University professor Adam Przeworski has been awarded the special Jury Prize for the prestigious Sakıp Sabancı International Research Awards for his work on democratic regimes and markets.
The Sakıp Sabancı International Research Awards has started collecting essays for its 2017 competition.
The team of this year's awards, distributed in honor of the late Sakıp Sabancı, honorary chairman of the Board of Trustees of Sabancı University, is "Europeans with Legacies from Turkey in Everyday Life," officials said in a statement on Sept. 27.