How Much Is Canelo Net Worth

Saul Alvarez, also known as “Canelo,” is a Mexican boxing prodigy who has amassed an impressive net worth of $200 million through his successful boxing career and lucrative endorsements. Canelo Álvarez is widely regarded as one of the best pound-for-pound boxers in the world, having achieved multiple world championships in four different weight classes.

Canelo’s fortune includes a groundbreaking $365 million fight contract with DAZN that covers 11 fights. His earnings from his boxing empire have been substantial, with millions earned from challenging opponents such as Gennady Golovkin. Canelo’s unique boxing style, characterized by adept counterpunching and powerful body punches, has contributed to his success in the ring and his growing wealth.

However, Canelo’s career has also faced legal battles, including a breach of contract lawsuit against DAZN and Golden Boy Promotions. Despite the challenges, Canelo’s net worth continues to rise, solidifying his status as one of the wealthiest and most talented boxers worldwide.

Canelo Alvarez’s Boxing Career

Canelo Alvarez embarked on his professional boxing career at the tender age of 15 and quickly established himself as a rising star in the sport. Throughout his illustrious journey, he has attained remarkable achievements and solidified his status as one of the boxing world’s most formidable athletes.

Canelo’s professional boxing career has been marked by his success in multiple weight classes. He has triumphed in four different weight divisions, including the light middleweight, middleweight, super middleweight, and light heavyweight categories.

Over the course of his career, Canelo has secured an impressive collection of world championships. Notably, he clinched the WBC, WBA (Super), and Ring magazine titles in the light middleweight division in 2011. In 2015, he reached yet another career milestone by holding the unified WBA (Unified), WBC, Ring, and lineal middleweight titles. Canelo’s triumphs continued as he achieved a historic feat in December 2020, becoming the first boxer to unify the WBA (Super), WBC, and Ring magazine super middleweight titles.

Domination in Multiple Weight Classes

Furthermore, Canelo’s foray into the light heavyweight division in 2019 proved to be a triumph, as he emerged victorious and claimed the WBO title. This exceptional trajectory in different weight classes attests to his versatility, skill, and determination.

These accomplishments have served as crucial stepping stones in Canelo’s professional boxing career, solidifying his legacy as an extraordinary athlete and contributing to his ever-growing net worth.

Canelo Alvarez’s Earnings and Endorsements

Canelo Alvarez’s net worth has been significantly influenced by his earnings from his fight contract with DAZN. In October 2018, he signed a groundbreaking 5-year, $365 million deal that covered 11 fights. Between June 2018 and June 2019, he earned a colossal $95 million from his boxing empire. The following year, he earned $40 million, and from June 2020 to June 2021, he added another astonishing $90 million to his wealth.

In addition to his boxing earnings, Canelo has also amassed wealth through various endorsement deals. He owns a chain of gas stations called “Canelo Energy” and a convenience store chain called “Upper” in Mexico. He also has a clothing line and a fitness app. Canelo has been selective with his endorsement partners, with his primary deal being a $2 million per year contract with Anheuser-Busch. These endorsement deals have further contributed to his impressive net worth and solidified his business empire.

Canelo Alvarez’s Personal Life and Philanthropy

When Canelo Alvarez is not dominating the boxing ring or expanding his business empire, he leads a private personal life. The Mexican boxing sensation calls Guadalajara his hometown, where he resides with his wife, Fernanda Gomez, and their children. Although he prefers to keep the details of his home under wraps, reports suggest that he enjoys the luxuries of a magnificent mansion in Guadalajara.

Beyond his success in boxing and business, Canelo has also demonstrated his generous nature through philanthropy. In 2017, he made a substantial contribution to aid in the earthquake relief efforts in Mexico. The donation included supplies, medicine, and construction equipment worth $1 million. Moreover, Canelo has extended his support to organizations such as the Red Nose Foundation and has made significant contributions to hospitals. During the challenging times of the COVID-19 pandemic, he also stepped up by providing personal medical kits to healthcare workers and covering the cost of a lung transplant for a fan.

Canelo Alvarez’s philanthropic endeavors showcase his dedication to making a positive impact in his community and beyond. His charitable contributions, whether in times of natural disasters or health crises, demonstrate his commitment to helping those in need and making a difference in people’s lives. Even amidst his own success, Canelo remains grounded, cherishing his personal life and using his influence and resources to uplift others in a true display of compassion and empathy.