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Canelo Alvarez net worth 2024: How rich is the boxing sensation?

Canelo Alvarez net worth 2024
Canelo Alvarez net worth 2024: How rich is the boxing sensation? Photo/ Daily Mail.
  • Canelo Alvarez is one of the most prominent figures in the boxing world
  • He has been boxing professionally since he was 15 and has defeated some of the biggest names in the ring
  • With his success in the ring, he also been able to make a fortune as he is worth $275 million

Discover Canelo Alvarez net worth 2024, career earnings, boxing journey, rise to fame and personal life. A world champion in four different weight classes, Canelo Alvarez is a man who needs no introduction to boxing fans. The Mexican has made waves in the boxing world over the years by his prowess in the ring and is currently ranked as the second best active boxer, pound for pound, by BoxRec.

And thanks to his success in the ring, Canelo has been able to make a fortune and become one of the richest boxers in the world. Canelo Alvarez net worth 2024 stands at $275 million. Stay with us to learn more about the talented boxer.

Canelo Alvarez

Canelo Alvarez. Photo/ Celebrity Radio by Alex Belfield.

Canelo Alvarez Biography

Full name Santos Saul Alvarez Barragan
Age 33
Height 1.73 m
Place of birth Guadalajara, Jalisco, Mexico
Date of birth 18 July 1990
Nationality Mexican
Occupation Boxer
Source of wealth Boxing
Marital status Married

Boxing Career In Brief

Coming from a family with professional boxers, Canelo Alvarez developed in the sport at a young age. He was 13 years when he started his boxing journey.

In 2004, Canelo won the silver medal at the Junior Mexican National Championships. The following year, he became the Junior Mexican National Boxing Champion. He would go on to amass an amateur record of 44-2 before turning professional.

Surprisingly, Canelo turned pro when he was just 15 years old. Since it was difficult finding opponents his age, the future boxing champion faced older opponents and in his first 13 documented fights, he won eleven via KO. Well, his early fights were just a glimpse of what was to come.

Since he became a prominent figure in the boxing world, Canelo has faced only the best, from the likes of Julio Cesar Chavez Jr. to Amir Khan and Floyd Mayweather Jr. As of now, he has only lost twice, first to Dimitry Bivol and then to Mayweather. His pro boxing record stands at 60-2-2.

The last time he stepped in the ring was in September 2023 and he defeated Jermell Charlo to retain his belts.

Career Earnings 

Considering the fact that Canelo is one of the biggest stars in the boxing world, you expect him to be earning a large sum of money after every fight. According to the website Sportskeeda, Canelo’s biggest payday came from his fight with Gennady Golovkin in 2018 as he reportedly walked away with $40 million.

In his fight against Amir Khan in 2016, he earned $25 million. Despite losing to Floyd Mayweather Jr., he still made a fortune as his earnings from the fight were $12 million.

Canelo Alvarez Net Worth 2024

Canelo Alvarez net worth

Canelo Alvarez. Photo/ Sporting News.

As we mentioned earlier, Canelo Alvarez net worth 2024 is estimated to be a whopping $275 million, as per Forbes. According to the same source, Canelo’s net worth in 2020 stood at $94 million. This means that his fortune has increased by over $150 million in the past few years.

The 33-year-old’s main source of income is boxing. However, he also earns from endorsements and his business ventures. Speaking of endorsements, he is affiliated with brands such as Everlast, Armor, Tecate, Hennesy and Oscar De la Hoya‘s Golden Boy Promotion.

Personal Life

Canelo Alvarez’s full name is Santos Saul Alvarez Barragan. He was born on 18 July 1990 in Guadalajara, Jalisco, but his family is originally from Los Reyes, Michoacan. His family later moved to Juanacatlan, Jalisco, where they currently reside. He is Mexican and grew up on his family’s farm.

Canelo Alvarez has seven brothers and one sister. While he is the youngest in the family, all of his brothers are also professional boxers. His well known brothers are former WBA interim champion Rigoberto Alvarez and welterweight boxers Ricardo Alvarez and Ramon Alvarez.

Moving on to his marital affairs, Canelo Alvarez is married. He was in a long term relationship with Fernanda Gomez before eventually marrying her in May 2021. Canelo has three daughters with three different woman.

FAQs

How old is Canelo Alvarez?

Canelo is 33 years old.

Is Canelo married?

Yes, Canelo is married to his long time partner Fernanda Gomez.

What is Canelo Alvarez net worth 2024?

$275 million.

Is Canelo richer than Mayweather?

No, Mayweather’s net worth is estimated to be $400 million.

Abraham Odhiambo is an avid sports fan who loves to write about football, boxing and wrestling. He's a big supporter of Manchester United. He's pursuing a bachelor's degree in Communication and Media at Egerton University.

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