How much is Canelo Alvarez net worth? Saul Canelo Alvarez is a Mexican professional boxer and currently a unified world middleweight champion.
He won several world championships in four weight classes from lightweight to light heavyweight, including standardized titles in three of these weight classes.
Alvarez has won several titles, most recently WBA (Super), WBC, and Ring titles since 2020 and the WBO title since May 2021.
Canelo Alvarez has a net worth of $140 million from his various income sources.
In 2018, Canelo earned $95 million. In the following year, he earned $40 million. He earned $37 million for the year 2020.
Canelo Alvarez’s main source of profit comes from boxing, as well as from deals he signed with DAZN and Golden Boy Promotions, where he signed a 5-year $365 million with the two companies on October 17, 2018
The deal covered 11 fights that began with his confrontation on December 15, 2018, against Rocky Fielding in New York.
On May 5th, 2012, Saul Alvarez earned a purse of $1.2 million when he faced and subsequently defeated Sugar Shane Mosley.
On September 16th of 2012, he earned a $2 million purse when he defeated Josesito Lopez and earned a $2 million purse and a $100,000 knockout bonus from Golden Boy Promotions.
Saul earned a $5 million purse despite losing with Mayweather, plus a percentage of PPV profits, bringing his total up to $12 million.
On November 21, 2015, Saul Alvarez defeated Miguel Cotto and earned a purse of $5 million. HBO reported 900,000 PPV buys during that fight, which amounted to $58 million in domestic revenue.
In May 2016, for the Amir Khan fight, Saul earned an estimated $25 million. The NCAS reported a live gate of over $7 million.
In the next years, Saul earned $44 million from endorsements and boxing purses.
More than $40 million from the Gennady Golovkin I fight, during which ESPN reported a live gate of over $20 million.
In September 2018, Canelo was guaranteed $25 million just to show up in the fought Golovkin II. The rematch generated more than $94 million in PPV buys.
He had an association with Under Armour in 2012, also with Everlast in 2014 who sponsored his gloves for numerous fights.
Saul Alvarez is currently endorsed by the Mexican beer company Tecate and has a partnership with an alcohol company, Hennessy.
All this brings the net worth of Saul Alvarez to increase by more than $ 140 Million.
Canelo Alvarez founded Canelo Promotions, in 2010 and his business partners are the coaches and father-son team Chepo and Eddy Reynoso.
Charity: One week after Canelo’s famous fight against Gennady ‘GGG’ Golovkin, he donated $1 million to the earthquake victims in Mexico.
Also, Saul Alvarez donated $26,500 to a children’s cancer hospital in Guadalajara, Mexico, as well as he reached out to other children’s organizations and offered to help them.
Alvarez was born in the suburbs of Guadalajara, Jalisco on July 18, 1990. His family is originally from Los Reyes, Michoacan, and is the youngest of eight children, seven of whom are children, all of whom are professional boxers.
His family moved to Guanacatlán, Jalisco when he was five years old and there he learned horse riding, which he continues today.
Saul Alvarez first started boxing at the age of 13, following in the footsteps of his older brothers after witnessing their successful accomplishments.
His amateur record was immediately impressive as he won the silver at the Mexican Junior Championships in 2004 before winning the gold the next year at the age of 15.
His amateur record was 44-2 with 12 knockouts.
Alvarez became a professional after winning the gold medal and also winning the welterweight title in 2006. Won the Silver WBC Championship in 2010 for the Middleweight Lightweight.
He was the first boxer to expel Carlos Baldomir and also beat Austin Trout in 2013, and Alvarez suffered a big loss against Floyd Mayweather.
In 2014, he defeated Alfredo Angolo, and the next year when Alvarez defeated Miguel Couto. With this win, Alvarez secured the WBC, Ring, and Linear Middleweight titles. He defended these titles with a spectacular knockout punch against Amir Khan.
He won the WBO Lightweight Title after defeating Liam Smith in 2016 with a devastating blow to the body.
Alvarez returned to middleweight, defeating Daniel Jacobs. He then climbed two weight classes to defeat Sergey Kovalev in Light Heavyweight in 2019.
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Alvarez was engaged to Miss Mexico Universe 2003 and Televisa Deportes sports reporter Marisol Gonzalez.
He has three daughters and one son, all of different mothers.