-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 R1ivhkUHrp4MHAHcQRLMmRuEYlgAohsw0d/1Q+rwW+cpHEu87FYb2hIegZKoc9Gx
 98TXF/ZLO3WMYcNBpdug9w==

<SEC-DOCUMENT>0000914121-07-000156.txt : 20070119
<SEC-HEADER>0000914121-07-000156.hdr.sgml : 20070119
<ACCEPTANCE-DATETIME>20070119162410
ACCESSION NUMBER:		0000914121-07-000156
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070116
FILED AS OF DATE:		20070119
DATE AS OF CHANGE:		20070119

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SIX FLAGS INC
		CENTRAL INDEX KEY:			0000701374
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
		IRS NUMBER:				736137714
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		11501 NE EXPWY
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73131
		BUSINESS PHONE:		4054752500

	MAIL ADDRESS:	
		STREET 1:		122 EAST 42ND STREET 49TH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10168

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TIERCO GROUP INC/DE/
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Chesterman Bob
		CENTRAL INDEX KEY:			0001387033

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13703
		FILM NUMBER:		07541068

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(212) 652-9403

	MAIL ADDRESS:	
		STREET 1:		C/O SIX FLAGS, INC.
		STREET 2:		1540 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p6944003-4chesterman_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-01-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000701374</issuerCik>
        <issuerName>SIX FLAGS INC</issuerName>
        <issuerTradingSymbol>SIX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001387033</rptOwnerCik>
            <rptOwnerName>Chesterman Bob</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SIX FLAGS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1540 BROADWAY</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP, Strategy &amp; Mgmt</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Option to Purchase</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.24</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-01-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>10000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-01-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">These options are exercisable pursuant to the following schedule: (i) 20% were exercisable on the date of grant and (ii) an
 additional 20% will become exercisable on each of the first four anniversaries of the date of grant.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Bob Chesterman</signatureName>
        <signatureDate>2007-01-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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