What is Turki Alalshikh's net worth? Discover how the Saudi billionaire is making waves in the boxing world through major investments and high-profile events.

UFC and WWE parent TKO Group has jumped into boxing, inking a partnership with Saudi Arabia in a deal with Turki Alalshikh and Sela for a new boxing promotion.

Holdings, and Sela announced a multi-year partnership to establish a new boxing promotion that will provide a premier platform for both leading boxers and prospects in the sport. TKO will serve as managing partner,