What is Canelo Alvarez’s Net Worth? Canelo Alvarez is one of the best boxers in the world and he loves to fight in the middle weight boxing matches. Canelo has also won many awards and championships and he had defeated many famous boxers such as Floyd Mayweather Jr., Amir Khan, Miguel Cotto, Erislandy Lara, Austin Trout, Alfredo Angulo, Josesito Lopez and Shane Mosley etcetera . Canelo’s net worth has reached $24 million USD in 2019. Now how much will be his net worth in 2021? Let’s find out!
Early Life & Career
In 1997, when Canelo was four years old, his father named him after Mexican legend Julio César Chávez. The older Alvarez was a Chávez fan and named his son after his favorite boxer. As an amateur, Canelo won several Golden Gloves championships and two national Junior Olympics titles. In 2005, he lost to future gold medalist Ivan Baranchyk at a tournament held in Cuba. During that time period he also suffered from poor vision and had to wear contacts before switching to glasses later on in his career.
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Canelo Álvarez born is a Mexican professional boxer who has held multiple world championships at different weights. In May 2018, Álvarez vacated his WBC middleweight title and announced he would fight as a full-time welterweight after his rematch with Gennady Golovkin. The bout was considered one of 2017’s best. The pay-per-view numbers were also impressive as HBO reported 1.3 million buys, which would set an all-time record for boxing PPV (as of May 2018). Overall, it generated around $100 million dollars according to promoter Oscar De La Hoya of Golden Boy Promotions, although no official numbers have been released by HBO or Showtime.
What is His Earnings/Salary Per Fight
He fights 3 times a year, sometimes less. In 2018, he will earn around $2 million per fight. Forbes estimates that by 2020 he’ll earn $25M per fight. They predict his net worth to be $70M and a whopping net worth of $120M by 2025! That’s 5 years from now! A lot can happen in five years, but it looks like we’re going to be seeing more amazing boxing performances from Canelo for years to come! His next bout is coming up on September 15th of 2019 against Rocky Fielding.
What Business has He invested in?
Canelo Alvarez is an American professional boxer and a former multiple-time world champion, widely considered one of the best boxers in history. Canelo has fought twice at super welterweight, once at light middleweight, and once at middleweight. Currently, he is promoted by Golden Boy Promotions and has been managed by Oscar De La Hoya from 2009 to 2011 and then again from 2012 to 2016. In March 2018, Canelo signed a lucrative five-year contract with sports streaming service DAZN worth an estimated $365 million.
What Is His Endorsement Deals Earnings Per Year
After defeating Gennady Golovkin for a second time on September 15, Canelo is reportedly earning $4 million per fight. He earned $5 million and $3 million for his first two fights with Golovkin. Canelo signed an 11-fight deal with DAZN (formerly known as Perform Group) that guarantees him $365 million over five years. The contract states that he will earn 8% of all DAZN revenue generated, which could be worth up to $100 million per year if DAZN grows its subscriber base as projected.
Properties & Cars Collection
To start with, Canelo has an Apartment worth of $6 million. It is located at North Hollywood. He also has a home worth of $2 million in Las Vegas and he bought it back in 2016. In May 2018, he sold his house which is located near to famous Club Ambiance for a sum of $3 million. Apart from that, he also owns two luxury cars like Lamborghini Aventador (worth of $480K) and Porsche Panamera (worth of $122K). Moreover, Canelo earns more than $25 million annually from his career as well as from endorsement deals with several brands including Nike and Hennessy.
Canelo Alvarez’s Net Worth
Canelo’s net worth has reached $24 million USD
Last Updated on January 5, 2022
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.