Canelo Alvarez Net Worth: Canelo Alvarez is a professional boxer from Mexico. Since 2018, he has held the unified WBA, WBC, Ring magazine, and lineal middleweight belts, the IBF middleweight title since May 2019, and the WBA super-middleweight title since December 2018. As of 2021, Canelo Alvarez ‘s net worth is estimated to be $140 million.
Canelo Alvarez Vs Caleb Plant Fight
Canelo Alvarez is expected to fight Caleb Plant in November 2021. The expected payout is to be nearly $40 million for Canelo Alvarez and $10 million for Caleb Plant. With the purse earnings, PPV, and other event sponsorship payouts, Canelo Alvarez can have an expected net worth of a whooping $200 million.
The fight, dubbed ‘On the Road to Undisputed,’ will take place on November 6 at the MGM Grand Garden Arena. Canelo Alvarez will walk into the bout as a battle-hardened fighter. Many supporters have put their trust in Alvarez since he has butted heads with Floyd Mayweather and Gennady Golovkin during the course of his career.
Caleb Plant, on the other hand, feels that the Mexican’s wealth of expertise will not help him in a battle. Regardless, the clash against Canelo Alvarez is set to be the toughest fight of his career to date.
See Also: Caleb Plant Net Worth
|Full Name||Saul “Canelo”Alvarez|
|Address/Residence||Guadalajara, Jalisco, Mexico|
|Endorsements||Tecate, Hennessy, Under Armor, Many More|
|Net Worth||$140 Million|
Canelo Alvarez Childhood
Saul “Canelo”Alvarez was born in Guadalajara, Jalisco, Mexico on July 18, 1990. Growing up on his family’s farm, he learnt to ride horses, something he still does now.
Canelo Alvarez is the youngest of eight children, seven of whom are males; all of his brothers are professional boxers as well. Among his brothers are welterweight fighters Ramón lvarez, Ricardo lvarez, and Rigoberto lvarez, the former Interim WBA World Champion.
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Canelo Alvarez Net Worth in Boxing Career
Canelo Alvarez is a Mexican professional boxer. Since 2015, he has held numerous world championships in two weight classes, including the Ring magazine middleweight belt. He formerly held the WBA (Unified), WBC, and Ring championships between 2011 and 2013, as well as the WBO title from 2016 to 2017. Between 2015 and 2017, he also held the WBC and lineal middleweight belts.
BoxRec listed Canelo Alvarez as the world’s greatest active fighter, pound for pound, in May 2018, and The Ring and the Boxing Writers Association of America placed him fourth. BoxRec ranks him as the world’s greatest active middleweight, and the Transnational Boxing Rankings Board ranks him fourth.
Canelo Alvarez is recognized for his ability to exploit holes in his opponents’ guards while dodging blows with head and body mobility. He is also renowned for being a powerful body puncher.
The WBC silver light middleweight battle between him and Luciano Leonel Cuello was held in the Vicente Fernández Arena, and he won by TKO in the sixth round. Vicente Fernández, a Mexican musician, presented Alvarez a horse at the post-fight interview.
He then faced former WBC welterweight champion Carlos Baldomir on the undercard of Shane Mosley vs. Sergio Mora at the Staples Center in Los Angeles, California.
On March 5, 2011, Alvarez won a majority decision over EBU welterweight Champion Matthew Hatton for the vacant WBC light middleweight title. The fight, which took place at the Honda Center in Anaheim, California, was aired on HBO.
Alvarez successfully defended his newly granted WBC championship against the Ring #4 rated super welterweight and current EBU light middleweight champion, Ryan Rhodes, in Guadalajara, Jalisco in 2011.
On September 17, 2011, Alvarez successfully defended his championship against The Contender contestant Alfonso Gomez with a TKO in Round 6 at the Staples Center in Los Angeles, winning by technical knockout in the sixth round.
Canelo Alvarez Net Worth with DAZN
Canelo Alvarez signed the boxing world’s biggest deal. In 2018, the Mexican fighter agreed to 11 fights totaling $365 million with DAZN.
Canelo was only paid $50 million for his first two fights on DAZN, despite being paid $35 million each fight.
As a result, Canelo terminated his contract in 2020 and sued his promoter and broadcaster. Furthermore, Alvarez claims he was not paid the agreed-upon sum.
Canelo Alvarez Net Worth With Golden Boy Promotions
Alvarez is now promoted by De La Hoya through Golden Boy Promotions. He originally joined with the business in 2010, after fighting in 31 fights, and has been with them since since.
Canelo Alvarez Net Worth in Endorsements
Alvarez presently holds endorsement contracts with Under Armour, Coppel Tecate, Hennessy, and Everlast.
Alvarez began his Under Armour sponsorship in 2012, having used the company’s gear throughout fights and training. Everlast gloves have been used by the boxer since 2014, and he has appeared in advertisements for the business.
In 2016, he agreed to a contract with Tecate, a Mexican beer manufacturer owned by Heineken. Oscar de la Hoya’s Golden Boy Promotions, his marketing business, facilitated the agreement.
“The new relationship with Tecate elevates Canelo as the biggest star in all of boxing, period,” Oscar De La Hoya, chairman and CEO of Golden Boy Promotions, stated at the time.
Alvarez later partnered with Hennessy, a cognac producer, in 2017. He battles under the guise of “Never, ever give up. Never settle.”
Canelo Alvarez Lifestyle and Cars
In his garage, Alvarez has over $15 million in vehicle collection. He also posts images of these high-end vehicles on social media. Canelo’s favorite vehicle is the Mercedes SLS AMG.
Similarly, in 2020, he paid more than $3 million for the world’s fastest road car, the Bugatti Chiron. This automobile has a peak speed of 261 mph and can reach 60 mph in 2.4 seconds.
Rolls Royce is another premium automobile in his collection.
Canelo also has a Nissan GTR called Godzilla, which is exclusively available in Mexico and costs $1.2 million. At his 24th birthday party, he showed the vehicle.
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Canelo Alvarez Charity Work and Recognition
Canelo Alvarez Alvarez has gained fame and popularity as one of the successful boxers with his quality inside the ring. Aside from that, he is well-known for his charitable heart. After becoming a pro, he has not forgotten to give back to his community. Canelo was also recognized with the Hispanic Heritage Awards for Sports in 2019 for his contributions to communities outside of sports. When Alvarez was 20, he made a motivating speech to a young person in the neighborhood. He also assisted in the establishment of a youth institute in the city. When a 7.1 magnitude earthquake rocked Mexico in 2017, Alvarez contributed $1 million in supplies, medication, and construction equipment to help with earthquake recovery operations. In addition, he offered to load goods into a truck bound for his hometown’s devastated areas. Similarly, in 2020, Alvarez will contribute 500,000 pesos to Red Nose to help children with cancer. Similarly, he donated autographed gloves to raise additional funds. Canelo Alvarez also contributed significantly to the fight against the Covid 19 epidemic in his nation. He gave 950 personal medical kits to health workers at the Hospital Civil de Guadalajara.
Canelo Alvarez Net Worth
Canelo Alvarez’s net worth is around $140 million as of 2021, excluding endorsements and different bonuses. Canelo Alvarez earns a lot of money through sponsorships, according to Oscar de la Hoya, a former boxer turned promoter. Alvarez presently holds endorsement contracts with Under Armour, Coppel Tecate, Hennessy, and Everlast. After the Caleb Plant fight, it is expected that Canelo Alvarez net worth will be over $180 million.