Canelo Alvarez Net Worth: How Much Money He Earn From Boxing?

Santos Mexican professional boxer Saul “Canelo” lvarez, born Saul lvarez Barragán, is better known by his ring name. lvarez has won three world titles and appeared in multiple world championship bouts.

The World Boxing Council (WBC), The Ring Championship (TRC), and the unified World Boxing Association (WBA) Super are among the examples. Since 2018, he has held the middleweight belts of the World Boxing Association (WBA), the International Boxing Federation (IBF), and the World Boxing Council (WBC) (since May 2019).

Previously, he held the light middleweight titles of the World Boxing Association (Unified), the World Boxing Council, and The Ring between 2011 and 2013. He held the middleweight titles of the World Boxing Council (WBC), The Ring, and the lineal organisation from 2015 to 2018, as well as the light middleweight title of the World Boxing Organization (WBO) from 2016 to 2017.

The boxer went undefeated in his first 43 professional matches, winning 30 of them via knockout thanks to his formidable 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 eighth by the Boxing Writers Association of America. Even more prestigious organisations than BoxRec have recognised him as the finest active middleweight boxer in the world.

Canelo Alvarez Net Worth
Canelo Alvarez Net Worth

Canelo Alvarez Early Life

On July 18, 1990, Santos Sal lvarez Barragán entered the world in the suburbs of Guadalajara, Jalisco, Mexico. He was the last born of his parent’s eight children. To his seven siblings, he can add one sister and six brothers. In an interview, he stated that his ancestors came from the town of Los Reyes in the state of Michoacán.

His family moved to Juanacatlán, Jalisco, from another city when he was five years old. His older brother Rigoberto lvarez was also a boxer, thus he followed in his footsteps. All of lvarez’s other brothers have also entered the professional boxing arena.

Ramón and Ricardo lvarez are both professional boxers, and they compete in the welterweight division. When he was younger, lvarez took up horseback riding lessons. Canelo is the masculine form of the Spanish word meaning cinnamon, hence his moniker.

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Canelo Alvarez Career

Alvarez began boxing when he was just 13 years old and won silver in the 2004 ‘Junior Mexican National championships in Sinaloa. Subsequently, he won the title of “Junior Mexican National Boxing Champion” in 2005. A short time later, he decided to pursue his career full-time.

lvarez was a great boxer from the get-go of his professional career, winning fight after fight. He was victorious over Miguel Vázquez and Francisco Villanueva but tied with Jorge Juarez. On August 31, 2007, he won his first professional championship by defeating fellow Mexican boxer Ricardo Cano.

On March 14, 2008, he defended his championship against Francisco Villanueva of Mexico and won. He defeated Mexican boxer Gabriel Martinez on April 18, 2008, to win the “WBA Fedecentro” welterweight title. He successfully defended his championship against Carlos Adán Jerez of Argentina on August 2, 2008, and against Ral Pinzón of Colombia on December 5, 2008.

On January 17, 2009, lvarez defeated Mexican boxer Antonio Fitch to capture the ‘NABF’ and ‘WBO Latino welterweight belts. Following this, on February 21, 2009, he retained his ‘NABF’ and ‘WBO Latino welterweight titles by defeating Euri González of the Dominican Republic.

Following that, he defended the ‘NABF welterweight title multiple times, including against Brazilian boxer Jefferson Gonçalo (on June 6, 2009) and American boxer Brian Camechis (on September 12, 2009). (on March 6, 2010).

During this time, on August 8, 2009, he defeated Russian boxer Marat Khuzeev to claim the “WBC Youth” welterweight title. On September 15, 2009, he defended his belt against Carlos Herrera of Argentina and won again.

On July 10, 2010, he beat out Luciano Leonel Cuello of Argentina to earn the “WBC Silver” light middleweight championship. He defended it twice, once against former world champion Lovemore N’dou of South Africa (on September 18, 2010) and once against former world champion Carlos Baldomir of Argentina (on December 4, 2010).

After that, on March 5, 2011, he defeated British boxer Matthew Hatton, the reigning European Boxing Union (EBU) welterweight champion, to capture the vacant “World Boxing Council” (WBC) light middleweight title.

He made a number of successful defences of the title, including against British boxer Ryan Rhodes (on June 18, 2011), Mexican boxer Alfonso Gómez (on September 17, 2011), and American boxer Josesito López (on December 19, 2011).

After beating American boxer Austin Trout on April 20, 2013, lvarez retained the ‘WBC light middleweight championship and won the ‘WBA (Unified)’ and the vacant ‘The Ring’ light middleweight titles.

The fight between “number one” light middleweight lvarez and “regular” world champion Floyd Mayweather Jr. took place on September 14, 2013, and was shown on Showtime. When it mattered most, Alvarez was unable to defend his light middleweight titles against the holders of the World Boxing Council (WBC) and The Ring. That was also the first career defeat for lvarez.

But the defeat did not dampen lvarez’s battling spirit, as he went on to win three fights against three different boxers until defeating Miguel Cotto of Puerto Rico on November 21, 2015, to claim the Ring, the lineal, and the vacant WBC middleweight belts. On May 7th, 2016, he successfully defended his belt against British boxer Amir Khan.

After the bout, he and his team promoted a rematch with Kazakhstan’s middleweight champion, Gennady Golovkin. On May 18, 2016, lvarez relinquished his “WBC” title, and the organisation promptly bestowed it upon Golovkin.

Next, Alvarez moved back down to light middleweight, where he would go on to defeat fellow British boxer, Liam Smith, for the “WBO” title on September 17, the same year. On September 16, 2017, lvarez and Golovkin fought for the “WBA (Super),” “IBF,” and the vacant lineal middleweight belts, but the fight ended in a split draw.

lvarez, however, retained his “The Ring” middleweight title. On September 15, 2018, lvarez defeated Golovkin in a close fight for the ‘WBA (Super),’ ‘WBC,’ ‘The Ring,’ and lineal middleweight crowns. Fans, the media, and boxing experts all continued to argue over the outcome of the fight.

‘DAZN’ stated on October 17 that they had struck a 5-year, $365 million deal with lvarez to air his next 11 fights in the United States. In the new agreement, ‘HBO’ will take the place of lvarez’s previous employer.

On December 15, 2018, in lvarez’s first fight since signing this contract, he defeated Rocky Fielding of the United Kingdom to earn the ‘WBA (Regular)’ super middleweight title. On May 4, 2019, he fought and defeated American boxer Daniel Jacobs to win the “IBF” middleweight title. He also kept his “WBA (Super),” “WBC,” “The Ring,” and “lineal” crowns.

Apart from being a skilled boxer, lvarez also works to spread interest in the sport throughout Mexico. Canelo Promotions, his business, was founded in 2010. Chepo and Eddy Reynoso, a father-and-son training combination, are his partners in the firm. In 2013, the firm handled forty fighters in Mexico.

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Canelo Alvarez Personal Life

He dated Marisol González, a Mexican TV star and actor who also won the title of “Miss Mexico Universe” in 2003. lvarez’s ex-girlfriend is the mother of their daughter.

Canelo Alvarez Net Worth

“Canelo” Saul Alvarez is a professional boxer in Mexico who competes in the Light Middleweight division and is worth an estimated $180 million.

After winning four different world titles, Alvarez has been called the best boxer in the world in his weight. Every single boxer Saul Alvarez has faced has found him to be an extremely tough opponent.

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