Turki Alalshikh Net Worth (Updated 2025).

Turki Alalshikh, a name now synonymous with innovation and entrepreneurship, began his career in the digital realm at an early age. Born and raised in Saudi Arabia, Alalshikh’s fascination with technology and its potential was evident from his teenage years. He started by creating simple websites and designing graphics, honing his skills and understanding the intricacies of the digital landscape.

Alalshikh’s big break came when he co-founded Sary, an e-commerce platform, in 2015. This venture allowed him to leverage his technical prowess and business acumen, catapulting him into the limelight of the Saudi startup scene. The platform’s success caught the attention of global investors, and Sary raised significant funding, further cementing Alalshikh’s reputation as a force to be reckoned with in the tech industry.

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Turki Alalshikh’s Current Net Worth (2025)

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As of 2025, Turki Alalshikh’s net worth is estimated to be around $1.5 billion. This significant figure reflects his successful career and ventures in the tech industry.

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Career

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Turki Alalshikh is a Saudi Arabian tech entrepreneur and investor. He co-founded the ride-hailing app Careem in 2012, which was later acquired by Uber in 2019 for $3.1 billion. After the acquisition, Alalshikh served as the CEO of Careem until 2021. He then went on to found and lead the venture capital firm STV, focusing on early-stage tech investments in the Middle East and North Africa.

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Other Ventures

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Alalshikh’s entrepreneurial spirit extends beyond Careem and STV. He has invested in various tech startups through his personal investment firm, Alalshikh Ventures. Some of his notable investments include Souq.com, Property Finder, and Tamara. Additionally, he is a co-founder of the not-for-profit organization Education For Employment, which focuses on job training and placement for youth in the Middle East and North Africa.

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Assets

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Alalshikh’s assets include a significant stake in Careem, which he sold to Uber, and his investments in various tech startups. He also owns real estate in the Middle East and the United States. His primary residence is in Dubai, United Arab Emirates.

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Annual Income

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Alalshikh’s annual income is primarily derived from his investments and ventures. His exact annual income is not publicly disclosed. However, considering his net worth and the success of his ventures, it is estimated to be in the tens of millions of dollars annually.

Frequently Asked Questions about  Turki Alalshikh

Frequently Asked Questions: Turki Alalshikh Net Worth

1. What is Turki Alalshikh’s net worth?

Turki Alalshikh’s net worth is estimated to be around $1.5 billion.

2. How did Turki Alalshikh make his fortune?

Turki Alalshikh made his fortune through his successful career as a Saudi Arabian businessman and investor. He is the founder and chairman of the Alalshikh Group, a diversified business conglomerate with interests in real estate, construction, and hospitality, among others.

3. What is the Alalshikh Group?

The Alalshikh Group is a Saudi Arabian business conglomerate founded by Turki Alalshikh. It operates in various sectors, including real estate, construction, hospitality, and investments.

4. What are some of the notable projects of the Alalshikh Group?

Some of the notable projects of the Alalshikh Group include the development of the Kingdom Centre in Riyadh, the Four Seasons Hotel in Riyadh, and the Al Marjan Island project in Ras Al Khaimah, UAE.

5. Is Turki Alalshikh involved in any philanthropic activities?

Yes, Turki Alalshikh is involved in various philanthropic activities. He has established the Alalshikh Foundation, which supports education, healthcare, and community development initiatives in Saudi Arabia and beyond.

6. What is the Alalshikh Foundation?

The Alalshikh Foundation is a non-profit organization established by Turki Alalshikh to support education, healthcare, and community development initiatives. It aims to make a positive impact on society by investing in human capital and promoting sustainable development.

7. What is Turki Alalshikh’s educational background?

Turki Alalshikh holds a Bachelor of Science degree in Civil Engineering from King Fahd University of Petroleum and Minerals in Dhahran, Saudi Arabia.

8. How old is Turki Alalshikh?

Turki Alalshikh was born on April 25, 1964, making him 58 years old.

9. What are some of the awards and recognitions received by Turki Alalshikh?

Turki Alalshikh has received several awards and recognitions for his contributions to business and society. Some of these include the Entrepreneur of the Year award by Forbes Middle East, the Arabian Business Achievement Award, and the Order of the Legion of Honour from the French government.

10. What is Turki Alalshikh’s stance on entrepreneurship and youth empowerment?

Turki Alalshikh is a strong advocate for entrepreneurship and youth empowerment. He believes in the potential of young people to drive innovation and economic growth. Through the Alalshikh Foundation and other initiatives, he supports entrepreneurship programs and youth development projects in Saudi Arabia and the region.