Turki Alalshikh Net Worth – The Saudi Billionaire Reshaping the Boxing World
He may not be a household name globally, but within the world of combat sports, Turki Alalshikh is rapidly becoming one of the most influential figures in the game.
Turki bin Abdul Mohsen Alalshikh, known more commonly on the global stage as Turki Alalshikh, is the man behind Saudi Arabia’s growing footprint in international sports and entertainment.
As the chairman of the General Entertainment Authority (GEA) and a key advisor to Crown Prince Mohammed bin Salman, Alalshikh holds immense sway over the Kingdom’s cultural and sporting ambitions.
The Mastermind Behind Riyadh Season
At the heart of Alalshikh’s influence is Riyadh Season, a massive, government-backed entertainment festival that spans several weeks each year. The event has drawn global stars from the worlds of sports, music, and film, helping to position Saudi Arabia as a rising hub of international entertainment.
This initiative is part of Vision 2030, Saudi Arabia’s long-term plan to diversify its economy beyond oil. Under Alalshikh’s leadership, the entertainment and sports sectors have emerged as major pillars of this strategy — and boxing has become a central piece of the puzzle.
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Turki Alalshikh’s Net Worth
According to estimates from reputable sports and business outlets like Essentially Sports, Sportscasting, and Bet365, Turki Alalshikh’s net worth is estimated at $2.8 billion. His fortune is tied to a combination of public office, private investments, and high-profile sports ventures.
Unlike many billionaires whose wealth comes from inherited assets or single-sector empires, Alalshikh’s power comes from a unique blend of public influence and private investment acumen — particularly in sports and real estate.
A Growing Portfolio in Sports
Boxing isn’t Alalshikh’s only passion. He is also the owner of Spanish football club UD Almería, a La Liga side he purchased in 2019. Before that, he briefly owned Pyramids FC, a top-tier Egyptian football team, showing a deep interest in developing sporting excellence across multiple regions.
Earlier this year, he made headlines again when he acquired The Ring magazine, one of boxing’s oldest and most respected publications. The move cemented his commitment to reshaping the sport from both a business and cultural perspective.
Real Estate and Other Investments
While not much is publicly disclosed about his personal property holdings, Alalshikh is widely reported to be active in real estate, with properties in global hotspots like Beverly Hills.
His influence also extends into the construction and development sector, although details remain mostly under wraps due to the opaque nature of high-level real estate in the Middle East.
The Future of Boxing Under Alalshikh’s Vision
Turki Alalshikh has already transformed how boxing events are hosted, marketed, and experienced — particularly in Saudi Arabia, where high-stakes bouts now regularly draw global attention.
His financial backing, political influence, and strategic vision suggest that this is just the beginning. As Saudi Arabia continues to expand its entertainment footprint, many industry insiders believe that the future of world boxing may be tied to Alalshikh’s ambitions more than ever before.
Where he takes the sport next remains to be seen — but one thing is certain: Turki Alalshikh is no longer just a behind-the-scenes figure. He’s at the center of boxing’s next era.
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