Canelo Alvarez: The Boxing Sensation’s Net Worth and Financial Successes!

Canelo Alvarez is a professional boxer from Mexico. We will refer to Saul Alvarez as Canelo Alvarez since this is how the entire world refers to him. He was given this name because of the color of his hair, which is cinnamon. Alvarez, a four-division world champion, is regarded as the best boxer in the world pound-for-pound.

Almost every fighter Saul Alvarez has ever fought has found him to be a dangerous foe. From the very beginning of his professional boxing career, Alvarez won fight after fight, proving himself to be a gifted fighter. Alvarez faced Abraham Gonzalez in his debut match as a professional.

He drew for the first time in his career in his fourth professional game, against Jorge Juarez. On this page, you can find information about Canelo Alvarez’s net worth, biography, age, wife, height, weight, and many other things.

Canelo Alvarez’s Biography

Santos Saul Alvarez Barragán is Saul Alvarez’s full name, and he was born on July 18, 1990. Alvarez’s family moved to Juanacatlan when he was five years old, but he was actually born on the outskirts of Guadalajara. The seven siblings who make up Alvarez’s family were all raised on the family farm.

Canelo Alvarez Net Worth

Alvarez is the youngest. All six of Saul’s brothers went on to fight professionally. Saul had a fondness for riding horses in his boyhood. Alvarez is renowned for having red hair, which is unusual for a Mexican man. Alvarez’s Spanish nickname “Canelo” (which translates to “cinnamon”) is a play on the color of his hair.

When Saul Alvarez was 13 years old, he began boxing to follow in the footsteps of his older brothers. His amateur record was instantly impressive, and at the Mexican Junior Championship, he took home the silver medal before taking home the gold the following year at the age of 15.

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What are Saul Alvarez’s Net Worth and Career Earnings?

With a $180 million fortune, Saul Alvarez, also known as “Canelo,” is a professional Mexican boxer competing in the Light Middleweight division. Alvarez, a four-division world champion, is regarded as the best boxer in the world pound-for-pound. It is anticipated that in the next five to six years, his wealth would surpass $1 billion.

He signed a contract with British promoter Eddie Hearn that was expected to pay him $150 million a year. However, he also had an agreement with Golden Boy Promotion prior to that in which he was entitled to $350 million, but he departed Golden Boy Promotion before this agreement was finished.

Contracts

Canelo Alvarez and DAZN agreed to a five-year, 365 million-dollar pact for fights on October 17, 2018. Beginning with his bout against Rocky Fielding in New York on December 15, 2018, the agreement will encompass 11 fights.

Canelo Alvarez Net Worth

From June 2018 to June 2019, Canelo’s empire brought in $95 million. He made $40 million in the ensuing 12 months. Canelo made $90 million from June 2020 to June 2021.

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Canelo Alvarez Professional Life

Alvarez became professional soon after winning the gold. Although amateur boxers often don’t make their debuts until they are 15 years old, Alvarez did so for no other reason than that nobody else wanted to face him. Despite competing against boxers who were far older than he was, he knocked out the majority of them.

He won the welterweight title in 2006. After switching to light middleweight, Alvarez won the WBC silver crown in 2010. He was the first boxer to knock out Carlos Baldomir in the same year. Alvarez repeatedly maintained his title defense success before defeating Austin Trout in 2013.

Alvarez lost badly to Floyd Mayweather later that same year. Following that, Saul Alvarez continued to prevail, beginning with a triumph over Alfredo Angulo in 2014. Alvarez’s victory over Miguel Cotto in 2015 was another significant triumph.

Alvarez successfully defended his WBC, Ring, and lineal middleweight titles with this triumph. He defeated Amir Khan in a shocking knockout to successfully defend these titles. Alvarez lost weight in order to fight Liam Smith for the WBO light-middleweight world championship in 2016.

With a devastating blow to the body, he stole Smith’s title. After extensive discussions, Julio Cesar Chavez Junior and Alvarez squared off, with Alvarez winning by unanimous decision. This set up the matchup between Alvarez and Golovkin, which was eagerly anticipated.

Canelo Alvarez Net Worth

Prior to the formal announcement, talks for the Golovkin fight have been ongoing for years. With a split decision, the two boxers were ruled equals in September 2017. It was decided that a rematch would take place in May 2018.

Alvarez, though, was suspended for six months after testing positive for a drug. Golovkin’s title was also taken away in an odd turn of events. However, the rematch remained a top goal for both competitors and after protracted talks, a date was finally set for 2018.

Another contentious judgment was made in the fight’s favor of Golovkin by several media outlets and spectators, giving Alvarez the victory. Alvarez won at super middleweight before moving up to middleweight to defeat Daniel Jacobs. To defeat Sergey Kovalev at light heavyweight in 2019, he then jumped up two weight divisions.

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Canelo Alvarez’s Personal Life

Fernanda Gomez is the wife of boxer Canelo Alvarez. At a charity gala in 2016, the couple first connected. In 2017, they briefly parted ways. They later made amends, and in 2021 they recently got married. Maria, their daughter, was born in December 2017 and is their only child.

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