Canelo Alvarez Net Worth: What Is the Boxing Star Worth?

Canelo Alvarez is one of the richest boxers in the world. As of 2021, Canelo Alvarez’s net worth is estimated to be $120 million.

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Canelo Alvarez’s net worth and how he makes his money

Mexican boxing star Canelo Alvarez is one of the richest athletes in the world, with an estimated net worth of $245 million. That’s thanks largely to his successful career in the ring, where he has won multiple world championships and become one of the most popular boxers in the world.

Outside of boxing, Canelo has also made some savvy investments, including a minority stake in National Football League (NFL) team The Dallas Cowboys. He also has a number of endorsement deals with major brands like Under Armour, Tecate, and Hennessy.

So how exactly does Canelo make his money? Let’s take a look at the boxer’s estimated earnings from his fights and endorsements over the years.

Canelo Alvarez’s boxing career and biggest fights

Canelo Alvarez is a Mexican professional boxer who has a net worth of $300 million. Canelo’s pro career began in 2005 when he was just 15 years old. In 2010 he won his first major championship, the WBC Light Middleweight title.

Canelo has held multiple world titles in three weight classes, including the WBA (Super) and The Ring magazine middleweight titles since 2019, and previously the WBC light middleweight title from 2011 to 2013; the IBF light middleweight title from 2015 to 2016; and the WBO light heavyweight title from 2018 to 2019.

As of May 2020, Canelo’s boxing record stands at 53 wins (36 knockouts), 1 loss, and 2 draws. His biggest fights have been against Gennady Golovkin (twice), Shane Mosley, Miguel Cotto, Rocky Fielding, Sergey Kovalev, Amir Khan, Erislandy Lara, Austin Trout, and Julio César Chávez Jr.

In September 2017, it was revealed that Canelo had signed the richest contract in boxing history with DAZN worth a total of $365 million. The contract spans 10 fights over 8 years and pays Alvarez an average of $36.5 million per fight.

Canelo Alvarez’s endorsements and other income sources

Canelo Alvarez is a Mexican boxer who has a net worth of $140 million. Canelo is currently the WBA, WBC and Ring Magazine Middleweight champion. He has also held the WBC Light Middleweight and the lineal Light Middleweight titles. Canelo’s biggest payday came in 2013 when he earned $12 million to fight Floyd Mayweather Jr.

In addition to his boxing earnings, Canelo has several lucrative endorsement deals including with Calvin Klein, Tecate beer and Everlast. In 2019 it was announced that Canelo had signed a five year partnership with DAZN which will pay him at least $365 million. That deal alone makes him one of the highest paid athletes in the world.

Canelo Alvarez’s homes and lifestyle

Canelo Alvarez is a boxing superstar. The Mexican champ has held multiple world titles in multiple weight classes over the course of his illustrious career. Given his stature in the sport, it’s no surprise that he commands a huge payday whenever he steps into the ring. In fact, Canelo is one of the highest-paid athletes in the world, earning an estimated $94 million in 2020 alone.

But what is Canelo’s net worth? According to Celebrity Net Worth, the 29-year-old boxer is worth an impressive $140 million. Much of that wealth has come from his fights, as he’s reportedly earned more than $500 million from boxing purses over the years. But Canelo’s also made some wise investments outside of the ring, including businesses in his native Mexico.

So where does Canelo spend all his money? Well, he certainly doesn’t skimp when it comes to his homes. He owns multiple properties around the world, including a lavish mansion in Dallas that’s valued at $8 million. He also has a sprawling estate in Mexico that includes its own private lake and waterfall.

And then there’s Canelo’s car collection, which is estimated to be worth more than $5 million. His garage includes some of the world’s most coveted rides, like a Ferrari LaFerrari and a Rolls-Royce Cullinan SUV. When he’s not driving one of his luxury cars, Canelo can often be found relaxing on one of his many vessels, including a $3 million yacht that he nicknamed “Nave del Boxeador.”

Clearly, Canelo Alvarez is living the high life thanks to his successful boxing career and savvy business decisions. And with many more years left in the ring (and potentially even more lucrative fights on the horizon), there’s no telling how much higher his net worth will climb in the years to come.

Canelo Alvarez’s charitable donations and philanthropy

Canelo Alvarez has given back to many charities throughout his career. Some of the organizations he has supported include:
– cancer research
– children’s hospitals
– the Canelo Alvarez Foundation

Canelo Alvarez’s cars and other luxury items

Canelo Alvarez’s cars and other luxury items

Canelo Alvarez is one of the richest boxing stars in the world, with a net worth of around $120 million. The Mexican boxer has won world championships in multiple weight classes, and his fights are some of the most-watched boxing events on pay-per-view.

Alvarez’s fighting style and charisma have made him a crossover star, and he has endorsement deals with some of the biggest brands in the world, including Under Armour, Hennessy, and Modelo Especial. His annual income from these deals and his fight purses is estimated to be around $50 million.

In addition to his endorsement deals, Alvarez also earns money from Canelo Promotions, his own boxing promotional company. Canelo Promotions has helped launch the careers of several Mexican boxers, including former WBC welterweight champion Danny Garcia.

Alvarez lives a luxurious lifestyle and owns several homes, including a $4.5 million mansion in Beverly Hills. He also owns a fleet of luxury cars, including a Bentley Bentayga, a Rolls-Royce Cullinan, and a Lamborghini Aventador.

Canelo Alvarez’s investments and business ventures

Canelo Alvarez is one of the biggest names in boxing, and his net worth reflects that. The Mexican superstar is reportedly worth an estimated $120 million, according to Celebrity Net Worth. That figure puts him among the richest athletes in the world.

Alvarez’s wealth comes primarily from his boxing purse earnings. According to Forbes, he made $33 million in 2019 alone from his fights against Daniel Jacobs and Sergey Kovalev. He also has a number of lucrative endorsement deals with brands like Nike, Under Armour, and Hennessy.

Outside of boxing, Alvarez has also invested in a number of businesses. He launched his own tequila brand, Canelo Tequila, in 2019. He also has a minority ownership stake in the National Basketball Association’s (NBA) Dallas Mavericks.

It’s clear that Alvarez is wise with his money and knows how to invest it wisely. With many more years left in his boxing career, there’s no telling how much richer he will become.

Canelo Alvarez’s taxes and financial situation

Canelo Alvarez is a Mexican professional boxer. As of May 2020, Canelo Alvarez’s net worth is $145 million. Canelo has earned his net worth through his successful career in boxing. Canelo’s total career earnings are estimated to be around $365 million.

Canelo’s boxing career began when he was just 15 years old. He turned professional at the age of 17, and his first major fight was against Jose Luis Castillo in 2009. Since then, Canelo has had many successful fights, including against Floyd Mayweather Jr., Gennady Golovkin, and Sergey Kovalev.

In addition to his boxing career, Canelo has also earned income through endorsement deals with companies like Under Armour, Hennessy, and Everlast. He also has his own line of boxer shorts called “Canelo Board Shorts.” As of 2020, Canelo Alvarez’s net worth is $145 million.

Canelo Alvarez’s legal troubles and controversies

Canelo Álvarez is a Mexican professional boxer. He is a multiple-time world champion in three weight classes, having held the unified WBA (Super), WBC, Ring magazine, and lineal middleweight titles since May 5, 2018. As of December 2020, BoxRec ranked Alvarez as the world’s best active boxer, pound for pound. ESPN ranked him as the world’s second best active boxer, pound for pound.

Canelo’s career has been shrouded in legal troubles and controversies. In 2011, he was indicted on charges of sexual assault after an alleged encounter with a then-underage fan. In 2015, Canelo tested positive for clenbuterol; however, he claimed that the substance had entered his system via contaminated meat consumed in Mexico. After an investigation and review by the Voluntary Anti-Doping Association, Canelo was suspended for six months.

Canelo has also been criticized for his close ties to Mexican drug lord Joaquín “El Chapo” Guzmán. In 2016, a picture of Canelo posing with El Chapo surfaced on social media; however, Canelo claimed that he did not know who El Chapo was at the time the picture was taken.

Canelo Alvarez’s family and personal life

Canelo Alvarez is a 27-year-old Mexican professional boxer. He is the current WBC, WBA, and IBO middleweight champion, as well as the lineal middleweight champion. Canelo has a net worth of approximately $58 million.

Canelo’s father, who was also a professional boxer, introduced him to the sport at an early age. Canelo had his first professional fight when he was just 15 years old. He moved to Amateur Boxing after just two years and won several tournaments, including the National Championships in Mexico in 2005.

Canelo turned professional in 2006 and quickly rose through the ranks. He made his U.S. debut in 2009 with a win over Carlos Baldomir. Canelo won his first world title in 2011 when he defeated British boxer Matthew Hatton for the WBC light welterweight title.

Canelo has gone on to have many more successful fights, defeating some of the biggest names in boxing including Gennady Golovkin, Shane Mosley, Amir Khan, and Julio Cesar Chavez Jr. In 2018, Canelo made history when he became the first Mexican boxer to ever hold four world titles in four different weight classes simultaneously.

Canelo has had great success both inside and outside of the ring. In 2015, he signed a five-year deal with HBO worth a reported $35 million, making him one of the highest paid boxers in the world. In addition to his boxing earnings, Canelo has also earned money from endorsement deals with brands like Rivas Boxing Club, Tecate beer, Hennessy cognac, and Under Armour