In the global landscape of sports and entertainment, His Excellency Turki Alalshikh has emerged as a figure of unmatched influence and ambition. As of 2025, Turki Alalshikh’s net worth is estimated at $2.8 billion, placing him among the wealthiest and most powerful individuals in the Middle East. A Saudi royal by blood and a visionary by profession, the 43-year-old continues to reshape the global entertainment industry, with a particular focus on combat sports, football, and live mega-events.
Let’s explore how this Saudi mogul built his fortune, what drives his success, and how he’s placing Saudi Arabia at the epicenter of global sports.
Visionary Leadership in the Heart of Saudi Arabia
Born in 1981, Turki Alalshikh currently serves as the Chairman of Saudi Arabia’s General Entertainment Authority (GEA), a role he has held since 2018. The GEA, a cornerstone of Saudi Arabia’s Vision 2030, is tasked with transforming the kingdom’s economy by reducing its reliance on oil and boosting sectors like tourism and entertainment.
Before this appointment, Turki was named Royal Advisor to Crown Prince Mohammed bin Salman in 2017, with the official rank of minister. His close relationship with the Crown Prince has enabled him to lead some of the most ambitious cultural and sports initiatives in Saudi history.
Building a $2.8 Billion Fortune
Turki Alalshikh’s estimated $2.8 billion net worth in 2025, according to sources like Sportscasting, Bet365, and Essentially Sports, is the result of a meticulously executed investment strategy. His fortune stems from several major avenues:
- Government positions that bring both financial and political capital
- Ownership of sports teams, including UD Almería in Spain and a past stake in Egypt’s Pyramids FC
- Real estate ventures, with global properties and investments in construction
- Boxing promotions, broadcasting rights, and newly formed partnerships
- Media ownership, including the historic Ring Magazine, acquired for $10 million
Turki’s approach has been simple yet powerful—invest deeply in industries that generate attention, drive tourism, and build global influence.
The Boxing Architect of the Middle East
Perhaps no area better illustrates Alalshikh’s influence than boxing. Under his leadership, Riyadh has become the new capital of combat sports. From Tyson Fury to Anthony Joshua, the biggest names in boxing are now fighting under the lights of Saudi arenas.
As the driving force behind Riyadh Season, a multi-month event attracting athletes, musicians, and tourists, Alalshikh has engineered some of the biggest boxing matches in recent history. These events not only boost Saudi Arabia’s global image but also contribute significantly to national revenue through ticket sales, international broadcasting, and sponsorship deals.
In 2024, Alalshikh took it a step further by acquiring Ring Magazine, often referred to as “The Bible of Boxing.” He has since committed to reviving its print edition, enhancing editorial independence, and launching a dedicated mobile app to modernize boxing journalism. This move has not only added another asset to his growing portfolio but also solidified his stake in boxing’s media narrative.
Team Ownership and Global Sports Expansion
Alalshikh’s love for sports goes far beyond the ring. He is the proud owner of UD Almería, a Spanish football club he purchased in 2019. Since taking over, he has restructured the club’s management, upgraded its infrastructure, and invested in new players with the aim of elevating Almería’s status in La Liga.
Before Almería, he briefly owned Pyramids FC in Egypt, where his heavy investments in coaching and player recruitment made headlines. Though he later exited the club, it was a clear signal of his growing interest in becoming a major sports investor.
Partnerships With WWE, UFC, and TKO Holdings
Most recently, Turki Alalshikh entered a strategic partnership with TKO Holdings, the parent company of UFC and WWE, to launch a new boxing league. This ambitious project aims to unite the world’s top fighters under a singular promotion, bringing structure and mass appeal to a historically fragmented sport.
The initiative is part of a broader effort to consolidate Saudi Arabia’s reputation as a global sports powerhouse and further monetize combat sports with controlled leagues, pay-per-view profits, and global marketing reach.
Real Estate, Lifestyle, and Luxury
Though not all financial details are public, reports indicate that Alalshikh has invested heavily in international real estate, owning properties in Saudi Arabia, Europe, and even Beverly Hills. He is also rumored to be involved in construction and development projects, although documentation remains private.
Another fascinating part of his lifestyle is his luxury car collection, which reportedly includes 77 high-end vehicles, such as a Bugatti Chiron valued at $4.8 million. This reflects both his personal tastes and his financial ability to indulge in some of the most exclusive assets money can buy.
Future Growth: What’s Next?
As Saudi Arabia continues to pour billions into sports tourism, esports, and international entertainment, Turki Alalshikh is expected to remain a leading architect of this transformation. With plans to expand Riyadh Season, develop boxing infrastructure, and bring even more global franchises into the kingdom, his influence will only grow in the years ahead.
While critics have questioned the ethics of Saudi Arabia’s “sportswashing” strategy, there is little doubt that Alalshikh’s ability to deliver results and capture global attention is unmatched.
Final Thoughts
At 43 years old, Turki Alalshikh is not just a royal advisor—he is a cultural and commercial strategist with an eye on the future. With a net worth of $2.8 billion in 2025, his empire is built on sports, entertainment, media, and real estate.