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Canelo Álvarez Net Worth (2022 Updated) – How Rich is the Boxer Actually in 2022?

Santos Saul Lvarez Barragán, also known as Canelo Alvarez or Saul Lvarez, is a Mexican professional boxer. He was born on July 18, 1990. From light middleweight to light heavyweight, he has won many world titles in four different weight classes, including unified and lineal crowns in three of those weight classes. Alvarez is the first and only boxer in history to win the WBA (Super), WBC, and Ring magazine titles since 2020, as well as the IBF and WBO, crowns since 2021. He is the undisputed super middleweight champion.

What Is Saul Alvarez’s Estimated Net Worth?

Saul Alvarez has an estimated net worth of  $180 million. He made $40 million from his first fight with Gennadiy Golovkin and $30 million from the rematch, according to Celebrity Net Worth.

Early Life

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. 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. Spanish for “cinnamon,” the moniker “Canelo” refers to Alvarez’s hair color.

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.

Career

Alvarez became a 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 knockout Carlos Baldomir in the same year. Alvarez repeatedly maintained his title defence success. 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. With this triumph, Alvarez successfully defended his WBC, Ring, and lineal middleweight titles. 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 a unanimous decision. This set up the matchup between Alvarez and Golovkin, which was eagerly anticipated.

Prior to the formal announcement, talks for the Golovkin fight had been ongoing for years. With a split decision, the two boxers were ruled equal 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. In an odd turn of events, Golovkin’s title was also taken away.

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 favor of Golovkin by several media outlets and spectators, giving Alvarez the victory.

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.

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

Personal Life

Alvarez was going to marry Marisol González, who was Miss Mexico Universe in 2003 and worked as a sports reporter for Televisa Deportes.

 

In a ceremony held at the Guadalajara Cathedral in Guadalajara, Mexico, in May 2021, Alvarez wed his longtime partner, Fernanda Gómez. He has one son and three daughters, all with separate women.

Highlights

Here are a few of Saul Alvarez’s greatest achievements:

  • The Tepic mayor was presented with a horse.
  • Matthew Hatton was defeated (2011)
  • He successfully defended his title with a TKO in 2011.

Canelo Alvarez Charity Work

Canelo Alvarez is recognized for helping others. According to Give Me Sport, Canelo gave $1 million last year to support a Guadalajara facility that treats youngsters with cancer. Chemotherapy and radiation therapy are available at the facility.

Canelo donated $1 million worth of supplies, medications, and materials to earthquake relief operations in Mexico in 2017, according to ESPN.

Canelo gave more than 900 medical kits to Guadalajara in May 2020 to help fight COVID-19.

Frequently Asked Questions

  • What is Saul “Canelo” Alvarez’s net worth?

Saul “Canelo” Alvarez is thought to be worth $180 million.

  • How old is Saul “Canelo” Alvarez?

Saul “Canelo” Alvarez, who is currently 32 years old, was born on July 18, 1990.

  • How tall is Saul “Canelo” Alvarez?

The height of Saul “Canelo” Alvarez is 1.73 m, or 5 ft 8 in.

  • What is the name of Canelo Alvarez’s wife?

Canelo lvarez’s wife (m. 2021) is Fernanda Gómez.

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