Canelo Álvarez has cemented his legacy as one of the greatest boxers of all time. His name is synonymous with both skill and financial success. With an impressive record in the ring and millions in earnings, Canelo has become a global sports icon.
This article takes a close look at his net worth, the key moments in his career, and the personal life that shapes him outside the ring.
Table of Contents
Early Life
Canelo Álvarez, born Santos Saúl Álvarez Barragán on July 18, 1990, in Guadalajara, Jalisco, Mexico, grew up in a humble environment. He is the youngest of seven siblings, most of whom were involved in boxing. Canelo’s family moved to Juanacatlán when he was just five years old. His father, Santos Álvarez, and mother, Ana María Barragán, raised him in a close-knit family that valued hard work and perseverance.
Interestingly, Canelo’s nickname comes from the Spanish word for cinnamon, referring to his red hair—a rare trait in Mexico. From a young age, Álvarez was destined to enter the world of boxing, especially with his brothers being professional fighters. Rigoberto, one of his older brothers, was a key influence, encouraging him to take up the sport seriously.
Boxing Career Highlights
Canelo Álvarez’s boxing career started at an incredibly young age, and from the beginning, his talent was undeniable. At just 15 years old, he entered the professional boxing scene, skipping the amateur circuit due to a lack of opponents willing to face him. Canelo made a strong impression in his early fights, quickly building a reputation for his speed, power, and ability to knock out opponents.
By 2010, he had already won several regional championships and began his rise to the international stage. One of his first major victories came when he claimed the WBC silver title in the light middleweight division. His knockout of Carlos Baldomir that year solidified his standing as a rising star in the sport. Despite suffering a significant loss to Floyd Mayweather Jr. in 2013, Canelo used that experience to fuel his subsequent success, refusing to let it define his career.
Canelo has gone on to win numerous world titles in four weight classes, from light middleweight to light heavyweight. Some of his biggest fights include two highly publicized bouts against Gennady Golovkin, where Canelo displayed exceptional skill, particularly in counterpunching. His rematch with Golovkin in 2018, which ended in a victory for Canelo, is still considered one of the greatest fights in recent boxing history.
His career is marked by an impressive record, including 58 wins, 2 losses, and 2 draws. With 39 of those wins by knockout, Canelo is known for his power and precision in the ring. To this day, he continues to fight at the highest levels of the sport, solidifying his legacy as one of the best pound-for-pound fighters in history.
Net Worth
Canelo Álvarez’s financial success matches his incredible achievements in the boxing ring. Currently, his net worth is estimated at $180 million, positioning him among the wealthiest athletes globally. Most of his wealth stems from boxing, where he consistently ranks as one of the highest-paid fighters. A key contributor to his earnings is his historic 11-fight contract with DAZN, valued at a staggering $365 million. This deal alone solidified his financial standing for years to come.
His pay-per-view earnings have also played a massive role. Fights against prominent opponents like Gennady Golovkin and Floyd Mayweather generated substantial revenue. For example, his bout with Mayweather in 2013 earned him a remarkable $12 million, and he pocketed $25 million for fighting Amir Khan in 2016. These numbers reflect Canelo’s consistent ability to draw large audiences and sponsorships.
Personal Life and Relationships
Canelo Álvarez’s personal life has always attracted attention, especially considering his public status as one of the world’s most successful athletes. In May 2021, Canelo married Fernanda Gómez, a model and businesswoman. Their relationship had been under the radar for many years before they tied the knot in a grand wedding held at the Guadalajara Cathedral in Mexico. The ceremony was a star-studded affair, attended by celebrities and well-known figures from the world of sports betting and entertainment.
Beyond his marriage, Canelo is also a father. He has four children: Emily Cinnamon, Saúl Adiel, María Fernanda, and Mía Ener Álvarez. While he maintains privacy regarding his family life, he has shared moments with his children publicly, especially on social media. Emily Cinnamon, his eldest daughter, was born when he was just a teenager, making her a central figure in his early life.
Canelo’s personal life also includes his passion for horses, luxury cars, and business ventures outside of boxing. He has a collection of high-end vehicles and has shown a keen interest in managing his financial portfolio. Additionally, Álvarez is known for his charitable efforts, supporting causes that promote education and healthcare, particularly in Mexico.
Frequently Asked Questions (F.A.Q)
What is Canelo Álvarez’s net worth?
Canelo Álvarez’s net worth is estimated to be around $180 million. His income comes from boxing contracts, pay-per-view revenue, and endorsement deals. One of his most lucrative contracts was his $365 million deal with DAZN, which significantly boosted his financial standing.
What are some of Canelo’s major boxing achievements?
Canelo Álvarez has won world titles in four different weight classes, from light middleweight to light heavyweight. His notable victories include knocking out Carlos Baldomir, defeating Amir Khan, and winning against Gennady Golovkin in their 2018 rematch. Despite losing to Floyd Mayweather in 2013, Canelo rebounded to become one of boxing’s top stars, solidifying his legacy as one of the sport’s greatest.
Who is Canelo Álvarez married to?
Canelo is married to Fernanda Gómez, a model and businesswoman. They tied the knot in May 2021, after several years of dating. The wedding took place at the Guadalajara Cathedral in Mexico, attended by celebrities and sports figures. Together, they share a daughter, María Fernanda Álvarez.
Wrapping Up
Canelo Álvarez’s journey from a young boxer in Guadalajara to becoming one of the greatest fighters in the world is nothing short of extraordinary. His rise through the ranks, filled with hard-earned victories and major setbacks, showcases the resilience and determination that have defined his career.