This blog will look into the career earnings and current net worth of Canelo Alvarez, a renowned professional boxer from Mexico. Widely recognized for his exceptional skills in the ring, Alvarez’s financial success directly results from his rise to one of the most prosperous and esteemed boxers globally.
Canelo Alvarez’s Net Worth 2023
Canelo Alvarez’s net worth is estimated to be around $200 million, making him one of the richest boxers in the world. This impressive fortune is the result of his numerous accomplishments in the sport and his savvy business decisions outside of the ring.
Canelo Alvarez’s Early Life
Saul “Canelo” Alvarez was born on July 18, 1990, in Guadalajara, Jalisco, Mexico. He was the youngest of eight siblings, and they all grew up in a modest household. Alvarez’s parents were both boxers in their youth, and they passed on their love for the sport to their children.
From a young age, Alvarez showed a keen interest in boxing and started training with his older brothers at five. As a child, he used to sell popsicles to make money, which he would then use to buy boxing equipment.
Alvarez’s family had a difficult time financially, and boxing was a way for him to help provide for his family.
Growing up, Alvarez faced some challenges, including dropping out of school early to focus on boxing. Despite this setback, he remained committed to his passion for boxing and spent countless hours honing his skills in the gym.
His dedication and hard work paid off, as he became one of the world’s most successful boxers.
Canelo Alvarez’s Complete Biography
Full Name: | Saul Alvarez Barragan |
Ring Name: | Canelo Alvarez |
Birthdate: | July 18, 1990 |
Birthplace: | Guadalajara, Jalisco, Mexico |
Nationality: | Mexican |
Weight: | Super middleweight, Light heavyweight |
Height: | 5 ft 8 in (173 cm) |
Reach: | 70.5 in (179 cm) |
Stance: | Orthodox |
Professional Debut: | October 29, 2005 |
Trainer: | Eddy Reynoso |
Record: | 59 fights, 56 wins (38 by KO), 1 draw, 2 losses |
Titles Held: | WBA, WBC, IBF, and The Ring middleweight titles, WBA and WBC super middleweight titles, WBO light heavyweight title |
Net Worth (Estimated): | $140 million (as of 2021) |
Notable Fights: | Floyd Mayweather Jr., Gennady Golovkin, Miguel Cotto, Daniel Jacobs, Sergey Kovalev, Callum Smith |
Charitable Work: | Financial assistance to children with cancer through the Canelo Alvarez Foundation |
Interests: | Horseback riding, spending time with family |
Education: | Dropped out of school at an early age to focus on boxing |
Canelo Alvarez’s career in boxing has been nothing short of remarkable, and he has cemented his place among the sport’s all-time greats. Here’s a detailed account of his career, including his most significant accomplishments and notable fights:
Early Career
Alvarez turned professional at 15, and he quickly gained a reputation as a fierce and determined fighter. He won his first 42 fights in a row, with 30 of those victories coming by way of knockout. During this time, he won several regional titles, including the WBC Youth World Welterweight championship.
Middleweight Career
Alvarez’s big break came in 2011 when he faced Matthew Hatton for the vacant WBC light middleweight title. Alvarez dominated the fight and won via unanimous decision, becoming the youngest Mexican boxer to win a major world title at the age of 20.
In the following years, Alvarez became one of the most dominant middleweights in the world, winning several world titles and defeating some of the sport’s biggest names, including Miguel Cotto, Amir Khan, and Gennady Golovkin.
Super Middleweight and Light Heavyweight Career
In 2018, Alvarez moved up to super middleweight and defeated Rocky Fielding to win the WBA (Regular) super middleweight title. He then moved up to light heavyweight in 2019 and defeated Sergey Kovalev to win the WBO light heavyweight title. With this victory, Alvarez became a four-weight world champion, cementing his status as one of the greatest boxers of all time.
Notable Fights
Alvarez has been involved in some of the most significant fights in recent boxing history. His 2013 bout against Floyd Mayweather Jr. was one of the highest-grossing fights of all time, although Alvarez lost the fight via majority decision. He also had two fights against Gennady Golovkin, with their 2018 rematch being one of the most fights in recent memory.
After spending almost 17 years as a professional boxer, Canelo Álvarez has fought in 62 bouts, achieving 58 victories, 2 losses, and 2 draws. As of April 2023, his record stands at an impressive 58-2-2, with 39 of his wins coming by way of knockout.
Canelo Alvarez’s Endorsements
In addition to his purse earnings from his fights, Alvarez has also earned significant endorsement deals with major brands such as Under Armour, Hennessy, and Tecate. He has also invested in real estate and owns several properties, including a mansion in San Diego, California, worth around $6 million.
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Frequently Asked Questions
What is Canelo Alvarez’s real name?
Canelo Alvarez’s real name is Santos Saúl Álvarez Barragán.
How old was Canelo Alvarez when he started boxing?
Canelo Alvarez started boxing when he was just 13 years old.
What is Canelo Alvarez’s height and reach?
Canelo Alvarez is 5 feet 8 inches tall, with a reach of 70.5 inches.
Has Canelo Alvarez ever fought outside of North America?
Yes, Canelo Alvarez has fought outside of North America once, when he fought Rocky Fielding in the United Kingdom in 2018.
How many siblings does Canelo Alvarez have?
Canelo Alvarez has seven siblings, including three half-brothers and three half-sisters.
Has Canelo Alvarez ever been knocked out in a fight?
No, Canelo Alvarez has never been knocked out in a professional boxing match.
What other sports does Canelo Alvarez enjoy besides boxing?
Canelo Alvarez is a fan of soccer and has even expressed interest in investing in a soccer team in his native Mexico.