The earnings of a celebrity always pique the interest of the public. Additionally, this celebrity’s net worth has always stood out to the public. Further, in this article, we will discuss the net worth of Canelo Alvarez. This article will also cover the career of this prominent boxer. Santos Saúl “Canelo” Álvarez Barragán was born on 18 July 1990. He is a Mexican professional boxer. From light-middleweight to light heavyweight, he has won multiple world championships. The titles include unified titles in three of the weight classes. Additionally, Alvarez is the first undisputed super middleweight world champion. Further, he has the WBA (Super) and WBC titles. Moreover, he has held the Ring magazine title since 2020. Since May 2021, he has held the WBO title, while since November 2021, he has held the IBF title.
In addition to being a great counterpuncher, *Alvarez is also a master of disguise. His ability to exploit openings in his opponent’s guards while avoiding punches with head and body movement is very impressive. Additionally, he is well-known for his robust body punching ability. BoxRec ranked Alvarez the top active boxer in the world, pound-for-pound, as of June 2021. This honor was given to him by The Ring, the Boxing Writers Association of America, the TBRB, and ESPN. BoxRec, The Ring, TBRB, and ESPN also rank him as the best active super middleweight.
According to Alvarez, he was born and raised in the region of Guadalajara, in the state of Jalisco. He also learned horseback riding growing up on his family’s farm, something he still does today. He is the youngest of eight children, seven of whom are boys. Each of his brothers is a professional boxer as well. His brothers include welterweight boxers Ramón Alvarez, Ricardo Alvarez, and Rigoberto Alvarez, the former interim WBA world champion.
Canelo Alvarez Net Worth
Being able to win so many titles at such a young age makes Canelo Alvarez an exceptionally successful boxing player. Having achieved the world title of the top active boxer was a major achievement for him. In addition, having such a great accomplishment makes his fans curious about his life and earning potential as well. Furthermore, they are interested in the net worth of Canelo Alvarez. Having such a great career has contributed to Canelo Alvarez’s enormous net worth. In 2021, Canelo Alvarez has an estimated net worth of about $140 million. Furthermore, it was reported that he was the highest-paid boxer for the past five years. It was the result of Alvarez signing a 5-year $365 million fight contract on October 17, 2018, with De La Hoya’s promotion company and DAZN.
Early Years Of Career
Alvarez became a professional at the age of 15. He became a professional after his championship at the Junior Nationals. Due to the absence of suitable competition for him in the junior ranks, his trainers at the time were the father and son team Chepo and Eddy Reynoso. The athletes knocked out eleven of their thirteen documented opponents in their first 19 months as professionals, none of whom was younger than he was. Nevertheless, in 2013, the elder Reynoso stated that Alvarez had fought ten more times since then. As a result, Alvarez won all ten matches via knockout (KO). But these were in small clubs throughout the Mexican state of Nayarit, but they were poorly documented. So it wasn’t worth the trouble to have the records altered. This means that he has an actual record of 66-11-2 with 48 knockouts.
The professional boxer fluctuated in weight during his three years as a professional, including two documented bouts. It was within the limit for light welterweights of 140 pounds before he moved up to 147 pounds in the welterweight division. Alvarez’s third official fight was a January 20, 2006 victory over future IBF lightweight champion Miguel Vázquez. It took place in his hometown, Guadalajara, in the state of Jalisco. After a rematch with Vázquez on June 28, 2008, Alvarez defeated him again.
The fight card featured all 6 of Canelo’s brothers fighting on the same night, with Canelo the youngest. His brothers’ feat was also world-record breaking. Their only drawback was that three of them failed to win their first professional matches. However, the four more experienced brothers had no problem winning. He defeated Brian Camechis in the third round of his fight in Tuxtla Gutiérrez, Chiapas, on March 6, 2010. Further, the winner of his next bout Canelo Alvarez defeated José Cotto undercard of Floyd Mayweather Jr. vs. Shane Mosley. Additionally, he retained his WBC-NABF welterweight title in this fight.
I am Ishani Verma. Computer science is my field of study. It is my passion to read and write. I believe that writing allows you to express yourself through words in a beautiful way. The majority of my articles are about entertainment.