Turki bin Abdul Mohsen Al-Sheikh, known as Turki Alalshikh, is a Saudi Arabian billionaire, government advisor, and cultural influencer born on August 4, 1981, in Riyadh. As Chairman of the General Entertainment Authority (GEA) and advisor to the Royal Court, he has reshaped Saudi Arabia’s sports and entertainment sectors, particularly boxing, while amassing significant wealth.
Net Worth estimates place Alalshikh’s net worth at approximately £2.4 billion, His wealth stems from high-ranking government roles, strategic investments in sports and entertainment, real estate, and family fortune tied to the Saudi royal family. Key ventures include ownership of Spanish football club UD Almería, boxing promotions, and the acquisition of The Ring magazine for £8.6 million in November 2024.[1]
Turki Alalshikh Career
Alalshikh graduated from King Fahd Security College in 2001 with a degree in security sciences, later earning certifications in criminology, investigation, risk management, and general management. His career began in government, with roles in the Ministry of Interior and the Emirate of Riyadh. In 2015, he was appointed advisor to the Royal Court, achieving ministerial rank by 2017.
In 2017, he became Chairman of the General Sports Authority, and in December 2018, he assumed leadership of the General Entertainment Authority (GEA), aligning with Saudi Arabia’s Vision 2030 to diversify the economy through tourism and entertainment. As GEA Chairman, Alalshikh has orchestrated high-profile events like Riyadh Season, featuring music festivals, film premieres, and major sporting events, including boxing matches like Tyson Fury vs. Oleksandr Usyk (2024). He is also Chairman of the Islamic Solidarity Sports Federation (ISSF) and former Honorary President of Al-Taawoun in Buraidah.[2]
Alalshikh’s sports investments include owning UD Almería (acquired in 2019 for an undisclosed sum) and previously Egypt’s Pyramids FC (2018–2019). His influence in boxing is profound, funding blockbuster fights and acquiring The Ring magazine to revive its print edition and launch a mobile app. In 2024, he launched an investment fund to enhance Arabic cinema, having scripted the horror film The Cello (2023), adapted from his novel. His contributions earned him the Arab Sport Culture Award in 2017.
Turki Alalshikh Earnings and Salary
Alalshikh’s earnings are derived from multiple streams:
- Government Roles: As a Royal Court advisor and GEA Chairman, his positions are highly compensated, though exact salaries are undisclosed. Comparable ministerial roles in Saudi Arabia can command annual salaries exceeding £430,000, supplemented by allowances.
- Sports Investments: Ownership of UD Almería and past stakes in Pyramids FC generate revenue through ticket sales, sponsorships, and broadcasting rights. His boxing promotions, including Riyadh Season events, yield millions from global viewership and sponsorships. For instance, the Fury vs. Usyk fight reportedly generated over £86 million in revenue.
- Entertainment Ventures: Riyadh Season events, including concerts by artists like BTS and film festivals, contribute significantly to tourism revenue, indirectly boosting Alalshikh’s influence and wealth.
- Media and Publishing: The The Ring magazine acquisition and plans for its digital expansion add to his portfolio, though specific earnings are modest compared to sports.
- YouTube and Social Media: Alalshikh’s YouTube channel, with 3.58 million subscribers and 657 million views, generates estimated monthly earnings of £9,700–£48,500, contributing £1.46 million–£2.06 million annually across social platforms.
At his peak, Alalshikh’s annual income from all sources likely exceeds £86 million, driven by sports and entertainment ventures.
Turki Alalshikh Lifestyle
Alalshikh leads a luxurious yet relatively private lifestyle, balancing public duties with family life. Married to Nouf bint Fahd bin Khalid Al Saud, daughter of the Deputy Minister of Interior, since 2005, he has three to six children (reports vary). He resides primarily in Riyadh, maintaining a disciplined approach to work and leisure, often attending sports events and cultural venues.
His passion for sports is evident in his hands-on involvement in boxing and football, with personal ties to fighters like Tyson Fury and Oleksandr Usyk. Alalshikh is also a poet and writer, scripting The Cello and investing in Arabic cinema to promote Saudi culture. Despite his wealth, he emphasizes societal contributions over ostentatious displays, aligning with Vision 2030’s goals. His social media presence (@turkialalshik on Instagram, @Turki_alalshikh on X) offers glimpses of his professional and family life, with millions of followers.[3]
Turki Alalshikh Assets
Alalshikh’s assets reflect his billionaire status:
- Real Estate: While specific properties are private, he likely owns luxury residences in Riyadh and internationally, typical of Saudi elites. His primary Riyadh estate is described as a modern, amenity-rich mansion.
- Car Collection: He reportedly owns 77 luxury vehicles, including a Bugatti Chiron purchased in 2018 for £4.1 million, showcasing his passion for rare automobiles.
- Sports Assets: Ownership of UD Almería, valued at tens of millions, and past stakes in Pyramids FC are significant. His acquisition of The Ring magazine adds to his media portfolio.
- Investment Portfolio: Alalshikh holds diversified investments in real estate, media, and entertainment, with a 2024 cinema fund enhancing his cultural influence.
Turki Alalshikh Financial Growth and Influence
Alalshikh’s wealth has grown through strategic investments aligned with Saudi Arabia’s economic diversification. His boxing ventures have elevated Saudi Arabia as a global sports hub, with events generating substantial revenue. His YouTube and social media earnings, while secondary, highlight his digital influence. However, his government roles and royal family ties provide unmatched financial and political leverage, ensuring long-term wealth accumulation.
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Turki Alalshikh Personal Life
Born into a prominent Saudi family, Alalshikh’s upbringing blended tradition and ambition. His title “His Excellency” reflects his royal family connections and high-ranking status, akin to “Your Highness” in the British monarchy.
He maintains privacy regarding family details but is known for philanthropy, supporting education, healthcare, and cultural causes. His hobbies include boxing fandom (favoring Larry Holmes and Roberto Duran), poetry, and film production.
FAQs
What is Turki Alalshikh’s net worth in 2025?
His net worth is estimated at £2.18 billion ($2.8 billion), a core goal of Vision 2030. derived from government roles, sports investments, and family wealth.
How does Turki Alalshikh earn his money?
He earns through high-ranking government positions (Royal Court advisor, GEA Chairman), sports investments (UD Almería, boxing promotions), entertainment ventures (Riyadh Season), media (The Ring magazine), and YouTube/social media, generating £1.14–£1.61 million annually from digital platforms.
What assets does Turki Alalshikh own?
He owns UD Almería, The Ring magazine (acquired for £6.71 million), 77 luxury cars (including a £3.20 million Bugatti Chiron), and likely multiple properties in Riyadh and abroad, though specific real estate details are private.
Why is Turki Alalshikh called “His Excellency”?
The title reflects his status as a Royal Court advisor with ministerial rank and his ties to the Saudi royal family, equivalent to “Your Highness” in other monarchies.
What is Riyadh Season, and how is Alalshikh involved?
Riyadh Season is an annual winter festival in Saudi Arabia featuring sports, music, and cultural events like boxing matches and concerts. Alalshikh, as GEA Chairman, oversees its funding and organization, aligning with Vision 2030.
Does Turki Alalshikh still own Pyramids FC?
No, he owned Pyramids FC from 2018 to 2019 but sold his stake before acquiring UD Almería in 2019.
What is Turki Alalshikh’s role in boxing?
He funds and organizes major boxing events, such as Fury vs. Usyk (2024), through the GEA, elevating Saudi Arabia as a boxing hub. He also acquired The Ring magazine in 2024 to expand its influence.
Is Turki Alalshikh married?
Yes, he has been married to Nouf bint Fahd bin Khalid Al Saud, daughter of the Deputy Minister of Interior, since 2005, and they have three to six children (reports vary).
What other ventures is Turki Alalshikh involved in?
Beyond sports, he scripted the horror film The Cello (2023), launched a 2024 investment fund for Arabic cinema, and is a poet and novelist, contributing to Saudi Arabia’s cultural landscape.
How does Turki Alalshikh contribute to Vision 2030?
As GEA Chairman, he promotes tourism and entertainment through events like Riyadh Season, diversifying Saudi Arabia’s economy from oil dependency, a core goal of Vision 2030.
