The invention relates to a preparation method of a flaky aluminate green phosphor. The preparation method comprises the following steps: 1, respectively weighing corresponding raw materials according to the amount of an object product to be prepared and the stoichiometric ratio of all metal elements in Ce1-xTbxMgAl11O19, and preparing a mixed nitrate solution of metals contained in the object product; 2, adding an organic fuel to the mixed nitrate solution obtained in step 1, and heating to dissolve; 3, adding ammonium fluoride to the mixed solution obtained in step 2, heating to dissolve, and continuously concentrating the mixed solution until that the mixed solution is in an approximately sticky state; 4, initiating the sticky solution obtained in step 3 to be subjected to self-propagating combustion; 5, post-treating self-propagating combusted products obtained in step 4; and 6, washing, drying, grinding, and sieving the product obtained in step 5 to obtain the object product. The preparation method of the invention, which has the advantages of phase forming temperature reduction, calcining time shortening, excellent luminescent performance, controllable particle size, uniform size, regular morphology, simple enforcement, low cost, rapidness, and energy saving, has a good industrialization application prospect.