Turki Alalshikh is an influential Saudi Arabian leader with far-ranging interests in sports, entertainment, and business investments. He is the Chairman of the General Entertainment Authority (GEA), which reshaped Saudi Arabia’s cultural background. His business ventures, government roles, and sports investments have built a strong portfolio. These efforts helped Turki Alalshikh Net Worth of $2.8 billion (£2.14 billion) in 2025.
Early Life and Government Roles
Turki Alalshikh was born in Riyadh, Saudi Arabia on August 4, 1981. He graduated from King Fahd Security College in 2001 with a degree in security sciences. After graduation, he worked in government departments, including the Ministry of Interior and the Office of the Minister of Defense. His political influence grew, leading to his appointment as an advisor to the Royal Court in 2015. In 2017, he became a minister. Through these positions, he became a key policymaker in Saudi Arabia.
Chairman of the General Entertainment Authority (GEA)
In December 2018, Turki Alalshikh was appointed Chairman of the General Entertainment Authority (GEA). Under his management, the GEA has launched major entertainment projects as part of Saudi Arabia’s Vision 2030 initiative, which aims to diversify the economy and expand cultural opportunities. His efforts have introduced large-scale events, concerts, and global entertainment partnerships, positioning Saudi Arabia as a leading destination for entertainment.
Sports and Entertainment Investments
Besides working for the government, Alalshikh heavily invests in sports and entertainment.
- Football Ventures: He previously owned Egypt’s Pyramids FC and, in 2019, purchased Spain’s UD Almería for €20 million, becoming the club’s president and majority shareholder.
- Grabbing The Ring Magazine: In November 2024, he took over the reins of The Ring Magazine from Oscar De La Hoya for a whopping $10 million. He also teamed up with UFC President Dana White to create a boxing promotion to revitalize it.
- Entertainment Expansion: Alalshikh played a key role in bringing major global artists and entertainment acts to Saudi Arabia, further positioning the country as a leader in the entertainment industry.
Philanthropy and Cultural Contributions
Turki Alalshikh is also known for his philanthropy and involvement in the cultural sector.
- He donated 500,000 euros to the cities of Almeria, Spain, to help with medical equipment.
- He gave €200,000 to UD Almería’s foundation to help children to develop their soft skills.
- He wrote the horror novel The Cello and helped turn it into a movie in 2023, showing his interest in storytelling and media production.
Conclusion
Turki Alalshikh Net Worth is $2.8 billion. He has made a fortune through government positions, sports investment, and entertainment leadership. His impact on Saudi Arabia’s cultural landscape and world sports industry is growing fast. He is proving to be a business force to reckon with. As he expands his business, he could influence his impact on sports, entertainment, and charity and shape the future of Saudi Arabia.
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