What is Canelo Alvarez Net Worth? How He Become So Rich
Canelo is undeniably one of the sport’s hottest properties inside and outside the ring. Over the years, his fight nights have been quite lucrative, and he has become a dominant force in whatever classification in which he has participated.
Today, he is the undisputed champion in four weight divisions. Many organizations named Canelo Alvarez the best active boxer in the world, including Box Rec, The Ring, the BWAA, and TBRB.
He’s now one of the sport’s highest-paid stars and one of the wealthiest sportsmen in the world. Learn about his current wealth in 2021, including information on his career earnings, endorsements, and more.
Biography of Canelo Alvarez
Santos Mexican professional boxer Saul “Canelo” Alvarez, born Saul Alvarez Barragán, is better known by his ring name. Alvarez has won three world titles and appeared in six world championship bouts. The World Boxing Council (WBC), The Ring Championship (TRC), and the unified World Boxing Association (WBA) Super are among the examples. The ‘International Boxing Federation (IBF) middleweight championship, the ‘World Boxing Association (WBA) super middleweight title, and the ‘World Boxing Association (WBA) middleweight title have all been his since 2018; all three belts have been held since December 2018). (since May 2019). The ‘WBA (Unified),’ ‘WBC,’ and ‘The Ring’ light-middleweight belts were all his between 2011 and 2013. The World Boxing Council (WBC), The Ring (TRT), and the lineal middleweight belts all belonged to him between 2015 and 2018, while the World Boxing Organization (WBO) light middleweight title was his from 2016 to 2017. The boxer went unbeaten in his first 43 professional fights, winning 30 via knockout thanks to his devastating counterpunching and body punching. In December 2018, he was named the top active pound-for-pound fighter in the world by ‘BoxRec.’ He was rated third by ‘The Ring’ and ninth by the Boxing Writers Association of America. The website “BoxRec” and the “Transnational Boxing Rankings Board” have him pegged as the top active middleweight fighter in the world.
The early life of Canelo Alvarez
Santos In the suburbs of Guadalajara, Jalisco, Mexico, on July 18, 1990, Sal Alvarez Barragán entered the world. Among his parents’ eight children, he was the last born. There are seven siblings in his family: six brothers and a sister. His interview responses included the information that his family is from Los Reyes, Michoacán.
His family relocated to Juanacatlán, Jalisco when he was five years old. Following his brother’s footsteps, the boxer Rigoberto Alvarez entered the sport. The rest of the Alvarez brothers have also joined the professional boxing arena. Ramón Alvarez and Ricardo Alvarez are two of his brothers who are also professional boxers.
Growing up, Alvarez took up horseback riding lessons. Canelo is the male form of the Spanish word meaning cinnamon, hence his moniker.
Canelo Alvarez: Career
In 2004, in Sinaloa, Alvarez, then 13 years old, competed in the “Junior Mexican National” championships and came away with the silver medal. Following this, he won the title of “Junior Mexican National Boxing Champion” in 2005. As a result, he went into professional wrestling not long after.
Alvarez was a great boxer from the start of his professional career, winning fight after fight. His record included victories against Miguel Vázquez and Francisco Villanueva and a draw with Jorge Juarez. On August 31, 2007, he won the welterweight championship of ‘Jalisco’ by defeating fellow Mexican boxer Ricardo Cano. On March 14, 2008, he defended his belt against Francisco Villanueva of Mexico and won.
He defeated Mexican boxer Gabriel Martinez on April 18, 2008, to claim the ‘WBA Fedecentro welterweight championship. After that, he successfully defended his title twice more, first against Carlos Adán Jerez of Argentina on August 2, 2008, and then against Ral Pinzón of Colombia on December 5, 2008.
On January 17, 2009, Alvarez resumed his winning streak by defeating Mexican boxer Antonio Fitch to claim the welterweight championships of the National Association of Boxing Federations and the World Boxing Organization (WBO) Latino. The next day, on February 21, 2009, he defended his NABF and WBO Latino welterweight championships against Euri González of the Dominican Republic. After that, he defended the ‘NABF welterweight championship multiple times against boxers like Jefferson Gonçalo of Brazil (on June 6, 2009) and Brian Camechis of the United States (on March 6, 2010).
And on August 8, 2009, he defeated Russian boxer Marat Khuzeev to claim the “WBC Youth” welterweight championship. On September 15, 2009, he defended his title against Carlos Herrera of Argentina.
On July 10, 2010, he defeated Argentine boxer Luciano Leonel Cuello to earn the “WBC Silver” light middleweight championship. He successfully defended it in bouts against former world champions Carlos Baldomir of Argentina (on September 18, 2010) and Lovemore N’dou of South Africa (on December 4, 2010).
After that, on March 5, 2011, he defeated European Boxing Union (EBU) welterweight champion British boxer Matthew Hatton to capture the vacant “World Boxing Council” (WBC) light middleweight championship. Multiple opponents, including Ryan Rhodes of the United Kingdom (on June 18, 2011), Alfonso Gómez of Mexico (on September 17, 2011), and Josesito López of the United States, all fell to his defenses (on September 15, 2012).
After beating American boxer Austin Trout on April 20, 2013, Alvarez retained the “WBC” light middleweight championship, as well as the “WBA (Unified)” and “The Ring” light-middleweight belts, which had been vacant.
The fight between “number one” light middleweight Alvarez and “regular” world champion Floyd Mayweather Jr. took place on September 14, 2013, and was shown on Showtime. The lightweight middleweight championships held by Alvarez were on the line, and he lost to his opponents. That was also the first career defeat for Alvarez.
What is the Net Worth of Canelo Alvarez?
Mexican boxer Saul Alvarez, well known by his ring name “Canelo,” has a net worth of $180 million. One may argue that Alvarez is the finest boxer pound-for-pound, given he has won four world titles in different weight classes. Every fighter Saul Alvarez has fought found him to be an adamant opponent.
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