In recent years, His Excellency Turki Alalshikh, the current Chairman of the General Entertainment Authority of Saudi Arabia, has emerged as a dominant force in the boxing world. While Saudi Arabia—led by the Al Saud family—has long relied on oil exports as its primary source of revenue, the kingdom has increasingly turned its focus toward sports tourism as a lucrative industry.
A key part of this strategy involves hosting major sporting events, including boxing, golf, MMA, and more. Within this ambitious push to establish Saudi Arabia as a new global sports hub, Turki Alalshikh has played a pivotal role, orchestrating some of the biggest boxing spectacles the country has ever seen. But as he continues to shape the sport’s future, one question remains: How much is this Saudi royal worth?
What is Turki Alalshikh’s net worth in 2025?
The boxing public may know him as the architect of the Riyadh Season, but the 43-year-old Saudi Royal is so much more than that. The GEA chairman, a position he acquired in 2018, has been the royal advisor to the Saudi Crown Prince Mohammed bin Salman with the official rank of minister since 2017. After he took the lead in the country’s entertainment industry, part of the Vision 2030 initiative aimed at reducing the country’s dependency on oil, its entertainment industry has flourished.
To achieve this feat, HE Turki Alalshikh has invested heavily in sports, which continues to attract people from across the globe to Saudi Arabia. For instance, he owns the Spanish football club UD Almería and previously owned Egypt’s Pyramids FC. As far as boxing is concerned, besides putting together the biggest fights fans have witnessed in the past few years, Alalshikh has also acquired The Ring Magazine for $10 million, revitalizing the company that holds a significant place in every boxing fan’s heart.
More recently, though, he partnered with TKO Holdings, which owns UFC and WWE, to start a new boxing league. This move is clearly a step forward in Alalshikh’s goal to reshape the boxing landscape. This should give you a good idea of the sort of wealth Alalshikh possesses, but if it doesn’t, the Saudi Royal family member is reportedly worth $2.8 billion (£2.14 billion) as of 2025, per various sources. Lastly, to answer how much the Saudi Royal is making from the sport of boxing alone, it’s very difficult to say, as financial reports from Riyadh Season haven’t been made public.
However, it doesn’t answer how His Excellency Turki Alalshikh was able to build his astronomical wealth. But worry not, because we have the answer to that question as well.
How did Turki Alalshikh build his net worth?
On the surface, His Excellency Turki Alalshikh’s strategy to build his net worth is simple—invest money and keep increasing his assets. Since he took charge, the country has hosted record-breaking events, which include Riyadh Season—an event that brings in A-list musicians, film festivals, and major sporting events. This, in turn, increases tourism in the country, generating significant revenue and solidifying its financial standing.
His investments in sports, particularly football and boxing, have further expanded his net worth. His efforts to bring high-profile boxing matches to Riyadh, featuring some of the biggest names in the sport, have positioned Saudi Arabia as a key player in global combat sports. Revenue streams from ticket sales, broadcasting rights, and sponsorships contribute significantly to his massive net worth.
Furthermore, since he acquired Ring Magazine, also known as the Bible of Boxing, Alalshikh plans to revive its print edition, ensure editorial independence, and launch a mobile app highlighting his ambition to reshape boxing media. Revenue generated from this venture continues to improve his financial standing. Meanwhile, this acquisition strengthens his influence in the sports world while adding another lucrative asset to his net worth.
Besides this, he is also a big player in the real estate business, but specific details about his properties are currently unavailable. However, given his enormous wealth, it’s obvious that the Saudi Royal has multiple properties in Saudi Arabia and across the globe. Not to forget, Alalshikh also owns a fleet of luxurious cars, which some sources say consists of as many as 77 very expensive cars. This includes a Bugatti Chiron worth $4.8 million, reflecting his passion for high-end automobiles while increasing his net worth.
That said, His Excellency Turki Alalshikh clearly has no shortage of wealth, and his net worth will likely increase in the coming days as both the sports world and Saudi Arabia grow. What do you think about his net worth?
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