Turki Alalshikh is a well-known figure in Saudi Arabia and across the world, known for his massive influence in sports, entertainment, and government. As the current Chairman of Saudi Arabia’s General Entertainment Authority (GEA), Turki has played a big role in changing how the world sees Saudi Arabia. His powerful position, smart investments, and love for culture have made him a billionaire. In this article, we explore Turki Alalshikh net worth, how he built his wealth, and what makes him stand out
Who Is Turki Alalshikh?
Turki bin Abdul Mohsen Alalshikh was born on August 4, 1981, in Riyadh, Saudi Arabia. As of March 2025, he is 43 years old. He studied at King Fahd Security College and King Saud University before starting his career in government service. Over the years, Turki has held several important positions and earned the respect of the royal family and the public. His title “His Excellency” reflects his high-ranking role in the Kingdom.
Turki is not only a government leader but also a writer, poet, and producer. He is married and has three children: Nasser, Salman, and Muhammed. He lives in Riyadh and enjoys a luxurious lifestyle that reflects his billionaire status
Exploring Turki Alalshikh Net Worth
According to recent estimates from Sports Casting and Bet 365, Turki Alalshikh net worth is around $2.8 billion. This huge amount of money comes from many sources. He has made smart choices in sports, real estate, and entertainment. His work in the Saudi government has also played a big role in building his fortune.
Turki’s net worth continues to grow as he invests in different areas and takes part in important cultural projects. His financial success also reflects the changes happening in Saudi Arabia under Vision 2030, a plan to make the country less dependent on oil
How Turki Alalshikh Made His Wealth
Let’s take a closer look at the different sources that contribute to Turki Alalshikh net worth.
1. Government Positions
Turki began his government career after completing his studies. He first worked in the Ministry of Interior and later in the Emirate of Riyadh. In 2015, he became an adviser to the Royal Court. Two years later, in 2017, he was promoted to a minister-level adviser. He was then appointed as the head of the General Sports Authority.
In 2018, Turki became the Chairman of the General Entertainment Authority (GEA). Through this role, he has launched major cultural and entertainment events that attract global attention. These events are part of Saudi Arabia’s Vision 2030, which aims to build a diverse economy.
2. Sports Investments
A big part of Turki Alalshikh net worth comes from his sports ventures. He bought the Spanish football club UD Almería in 2019 for around $22.26 million. Since taking over the club, he has improved its performance and made headlines in the football world.
He also previously owned the Egyptian club Pyramids FC. Reports suggest he spent over $33 million on the club before selling it to an Emirati investor in 2019. His involvement in football has helped him gain fame both locally and globally.
3. Entertainment and Boxing
Turki has made major moves in the entertainment industry. One of his biggest achievements was acquiring The Ring Magazine, a famous boxing publication. In 2024, he bought it from Oscar De La Hoya for $10 million. He promised to bring the magazine back to print, and true to his word, it returned in the US and UK markets after a two-year break.
He has also helped Saudi Arabia host top boxing matches during Riyadh Season. One of the biggest events he hosted was the 2024 heavyweight championship fight between Tyson Fury and Oleksandr Usyk.
4. Real Estate and Luxury Cars
Turki enjoys a luxurious lifestyle. He owns a wide range of expensive assets, including real estate and cars. His car collection includes more than 77 luxury vehicles. One of his most expensive cars is a Bugatti Chiron, which he bought for $4.8 million in 2018.
His investments in real estate are equally impressive, with properties in top locations both inside and outside Saudi Arabia. These assets make up a big part of Turki Alalshikh net wort
Writing and Creativity
Turki is also a talented writer and poet. He wrote a horror novel called The Cello, which tells the story of a musician who buys a haunted cello. In 2023, the book was turned into a movie, which Turki also wrote. The paperback version of the book is sold at $44.15, while the digital version is available for $9.99.
His love for storytelling and the arts has added to his influence and income. It also shows another side of Turki – one that values culture, imagination, and creative work.
FAQs
Q: What team does Turki Alalshikh own?
A: Turki owns UD Almería, a football club in Spain. He bought it in 2019 for around $22.26 million.
Q: Who is Turki Alalshikh?
A: Turki is a Saudi Arabian billionaire, government adviser, and Chairman of the General Entertainment Authority. He is also a writer and investor in sports and entertainment.
Q: Why is Turki Al-Sheikh called “His Excellency”?
A: This title reflects his high rank and role as an adviser at the Royal Court under the rank of Minister in Saudi Arabia.
Q: How did Turki Alalshikh become rich?
A: His wealth comes from government positions, owning sports teams, real estate, luxury cars, writing, and investing in the entertainment industry.
Q: What is Turki Alalshikh’s net worth in 2025?
A: As of 2025, Turki Alalshikh net worth is estimated at $2.8 billion.
Final Thoughts
Turki Alalshikh net worth is not just about money; it reflects his hard work, smart choices, and vision for the future. From government leadership to football, boxing, and books, Turki has shown that success comes from doing what you love and doing it well. His story is inspiring, especially as Saudi Arabia continues to grow as a global cultural and entertainment hub.
Turki’s journey shows how passion and leadership can change a country’s image and also build great personal success. Whether in politics, sports, or the arts, Turki Alalshikh is a name that will be remembered for years to come.
