The current study investigates differences in the leadership skills between intellectually gifted and average students and explores the relationship between intelligence and leadership potential. Participants in this study were 176 students (57 males and 120 females) from an Eastern Province University in Saudi Arabia. Students were selected on a voluntary basis and asked to complete the Leadership Inventory (LI); data were also collected about their General Ability Test (GAT) scores. The Spearman Rho correlation formula was calculated and then the sample was divided into two groups based on their GAT scores--intellectually gifted and average students--and a subsequent t-test was performed. The LI consists of four subscales: leading self and others; problem solving skills; effective communication; and planning skills. LI internal consistency was a = 0.94. No significant correlations were found between leadership and intelligence (r = 0.077, P >0.05). The mean of gifted students only in planning skills (M = 26.16) was significantly higher than the mean of average students (M = 24.747, t= -2.069, P = 0.04, df = 174, Cohen's d = 0.31). No other significant means differences among all other variables were found. Intellectually gifted students lacked essential skills to prevail in the global competitive economy. Recommendations, implications, and limitations of the study are discussed.