Canelo Alvarez Net Worth: Who is a Mexican boxer. He has had a very successful career in the world of boxing. He has been the WBA titleholder since 2018, Santos Saúl Álvarez Barragán, popularly known as “Canelo” Álvarez, is a Mexican professional boxer who’s currently a unified super-middleweight world champion.
Álvarez has won ten world championships in four weight divisions, ranging from light-middleweight to light heavyweight. He has held the World Boxing Association (WBA) (Super) title, the World Boxing Council (WBC) title, and the Ring magazine title since 2020.
| Name | Canelo Alvarez |
| Net Worth | $150 million |
| Age | July 18, 1990 |
| Nationality | Mexico |
| Marital Status | Single |
| Source of Wealth | Professional Boxing, Endorsement Deals, and Other Ventures |
| Salary | $20 million |
| Endorsements | Alvarez has a number of endorsements currently signed, having dealt with Under Armour, Coppel Tecate, Hennessy, and Everlast. |
| Birth Place: | Guadalajara, Jalisco, Mexico |
Canelo Álvarez Biography, Career Info
1. Early Life
2. Why Star
3. Career Summary
4. Career Highlights
5. Favorite Quotes from
6. Style of Play
7. Awards and Trophies
8. Product Endorsement Earning
9. Social Media Influencing Earning
10. Business Interests
11. Tax Evasion
12. Recent Contracts
13. On-pitch Achievements
14. Endorsements
15. Player Net Worth in 2021
16. Player Luxury Life
17. House & Asset
18. Foundations and Charity Work
Early Life
Canelo Alvarez was born on July 18, 1990, in Guadalajara, Mexico. He is the youngest in the family of eight. His brothers were also boxers. They include Ramon Alvarez and Ricardo Alvarez, who were Welterweight boxers. When he was five years old, his family changed location from Guadalajara to Jalisco.
Why Star
Alvarez has won many titles in his boxing career. He is considered to be among the most successful boxers in the world. The titles include World Boxing Association World Boxing Council and Ring Championship. He has been ranked the best active fighter in the world since 2018. He initially went 43 bouts undefeated.
Career Summary
Alvarez started boxing at the age of 13. He won a silver medal during the Junior Mexican National Championship. The event was held in 2004 in Sinaloa. He was undefeated in his initial 43 appearances in which he won 30 by knockout. Alvarez is the current best active boxer in the world.
Career Highlights
Alvarez was a very tactical boxer, even at a tender age. On August 31, he won his first Senior title as a boxer. It was after defeating Ricardo Cano. He won Julisco Welterweight Title. In 2008, he beat fellow Mexican Gabriel Martinez. This saw him win WBA Fedectro Welterweight Title. He retained the title by defeating Argentina Carlos Jerez the same year.
Nothing could stop Alvarez from winning. In 2009 he emerged victorious in NABF and WBO Latino Welterweight titles. He achieved the feat by defeating Antonio Fitch of Mexico. He defended his title and won against Euri Gonzalez of the Dominica republic. On August 8, 2009, he won the WBC Youth title by defeating Russian Marat Khuzeev. After this, he won the WBC lightweight title by defeating Mathew Halton of Britain. He retained the title on several occasions. They include defeating Ryan Rhodes of Britain .in 2013, he won the Ring light Middleweight title. It was after beating Austin Trout of the US.
In September 2013, he faced the undefeated Floyd Mayweather. He suffered his first loss as a professional boxer. As a result, WBA, WBC, and Ring light Middleweight titles. He got up from the loss and won his three next fights.
He left the WBC that was later awarded to Golokvin by WBC. In 2016, he beat Liam Smith of Britain to win the WBO Light Middleweight title. His first match against Golokvin ended in a draw. In 2018, he managed to defeat Golokvin in a close tie. It saw him win WBA, WBC the Ring, and Lineal middleweight.
In 2019 he won IBF Middleweight against David Jacobs of the US.
Favorite Quotes from
“ I was made fun of at a young age. I would fight a lot in the streets, and it has a lot to do the way I am today. It helped my development as a fighter, but what can I say?”
Style of Play
Alvarez is excellent with his punches. His counterpunching is extraordinary. His body punching is superb. He utilizes these qualities to defeat the opponent.
Awards and Trophies
1. In 2019 he won ESPY boxer of the year.
2. He was also BWAA 2019 Fighter of the year
3. He defended his title with a knock out in 2011
4. The mayor of Tepic offered him a horse
Product Endorsement Earning
Alvarez signed a deal with Dazn worth $ 365m. The company will be broadcasting his next 11 matches. Forbes listed as having earned $2m from endorsements. Under Armor also sponsors him.
Social Media Influencing Earning
There is no information about his earnings on social media. Alvarez spends most of his time promoting his endorsements on his social media platforms. He has a massive following on these platforms.
Business Interests
Alvarez is the founder of Canelo promotions. The entity represents up to 40 boxers
Tax Evasion
Canelo Alvarez has never been accused of any tax evasion-related crime.
On-pitch Achievements
Alvarez has been able to win many titles in the ring. He has won 35 bouts through knockouts.
He has won the WBA and WBC titles.
Recent Contracts
Alvarez signed what could be the luxurious contract in sports history. He signed a contract worth $ 365 with Dazn. This will be earning him at least $35m per fight.
Endorsements
Alvarez has endorsements from different companies. Dazn is the major one. They include Under Armor, Louis Vitton, Everlast Moet Hennesy, etc.
Controversies
Canelo has faced criticism from fans for being favored by judges.
He was banned for six months for using banned drugs substances.
Injury
- Fractured thumb in 2016
- Strain ankle in 2014
Top Earned Match
His match against Golokvin was his top-earning match. He earned $5m from the game.
Player Net Worth in 2021
$94m
Player Salary in 2021
$33m
Player Endorsements & Sponsorships
Many companies sponsor him. They are Dazn, Under Armor, Louis Vitton, and many more.
Player Luxury Life
His earnings have made him live a luxurious life. Alvarez has expensive cars houses and pets to his possession.
House & Asset
Canelo lives in a luxurious house in his hometown of Guadalajara. He has kept his life private hence becoming challenging to know what he owns.
Family
Alvarez is single. He has two children from his girlfriends.
Private Jet
Alvarez does not own a private jet.
Cars Collection
- Mercedes SLS AMG
- LamborginiAventador Roadster
- Mustang 500 Eleanor
- Ferrari Testarossa
- Lamborghini Gallardo
- Nissan GTR
- Mustang Shelby GT500
- Ferrari 458 Italia
- Mercedes Benz G63
- Bugatti Chiron
Yacht
Alvarez does not own any Yacht.
Foundations and Charity Work
Alvarez builds a youth institute in Veracruz.
He donated $1m worth of suppliers in Guadalajara after n earthquake hit the country
Summary
Canelo is the best boxer in the industry right now. The boxer is still young and has won many Boxing awards throughout his career. Alvarez has won titles in both WBA, WBC, and the Ring. He is one of the highest-paid boxers in the world right now. As of now, the boxer has accumulated a total of $120m.
Conclusion
Canelo Alvarez was born into a boxing family. This saw him become a great boxer. He has managed a total of 35 knockouts in his career. Despite his success, he has endured criticism for getting favors from judges.
Alvarez has worked hard to be at the top despite his younger age. He is undoubtedly the best boxer right now in the world.
