Canelo Alvarez, aka Santos Saul Canelo Alvarez Barragan, is a Mexican professional boxer with a net worth of $180 million.

The fighter was born on July 18th, 1990, in Guadalajara, Jalisco. Canelo Alvarez is the youngest child among his seven siblings.

His nickname is Canelo which means cinnamon in Spanish and is a common name for people with red hair. 

Alvarez stands 1.75 m tall, weighs around 167 lb, and has a reach of 1.79 m. 

Alvarez has been dominating in every division he has competed. He holds WBA (Super), WBC, and The Ring magazines’ super-middleweight titles. 

He is the number 1 ranked pound-for-pound best active boxer by Box Rec, The Ring, BWAA, and TBRB.

Canelo Alvarez will fight against ‘The Gorilla’ Ryder (32-5, 18 KOs) on May 2023, and the event will be part of the celebration of the 200th anniversary of the state of Jalisco.

As for his personal life, Alvarez had been dating Fernando Gomez since 2016 and married on May 15, 2021.

He has three daughters and one son from his past relationships.

“Destiny is not a matter of chance. It’s a matter of choice. Life is hard, but never give up. Keep on fighting & always believe in yourself to achieve your dream”- Canelo Alvarez.

Quicks Facts

Salary & Net Worth

Canelo Alvarez lists among the highest-paid athletes in the world, along with Lionel Messi, Cristiano Ronaldo, and Neymar.

He has made a fortune from his boxing career. He is the money maker in combat sports, and not only he but his opponent also earn big money while fighting him. 

According to Forbes, in 2020, he earned $35 million from his salary/winnings.

Canelo’s significant income came when he fought Gennady Golovkin in 2018, earning $40 million, followed by $30 million in his rematch. 

In his knockout win over Amir Khan in 2016, he earned $25 million.

At the same time, when he lost his first professional fight against Mayweather, he was still paid a whopping $12 million. 

Largest Contract

Canelo Alvarez signed the largest contract in boxing history. The Mexican fighter signed 11 fights contract worth $365 million with DAZN in 2018.

Although he was supposed to pocket $35 million per fight, Canelo was paid only $50 million for his first two fights on DAZN. 

So, in 2020 Canelo exited his contract and sued his promoter and broadcaster, as he was not paid as per the agreed amount. 

In addition, he asked for compensatory damages of no less than $280 million, including punitive damages and attorneys’ fees.

According to Forbes, he was worth $94 million in 2020, and his fortune as of 2023 has hiked to $180 million, all thanks to lucrative fight earnings and sponsorships.

Lifestyle

Canelo Alvarez has showcased his luxury lifestyle on social media multiple times.

Santos lives in a mansion in his hometown with his wife, Fernanda Gomez, and his kids; Emily Cinnamon Alvarez, Mia Ener Alvarez, Maria Fernanda Alvarez (daughters), & Saul Adiel Alvarez (son)

However, due to his valued privacy, nothing regarding his house has been revealed to the public. 

But in the past, he owned an 11,970 sq ft property in California worth around £6 million ($7.2 million).

Besides, Alvarez likes wearing clothes from luxury brands like Louis Vuitton, Gucci, Balenciaga, and more. 

He also has a love for sneakers. Once while sneaker shopping with Complex, Canelo spent a whopping $20k, which proves his love for kicks.

One of Canelo Alvarez’s most significant purchases includes a £45 million ($54 million) customized black yacht. Similarly, the Mexican fighter owns a $35 million private jet which he uses to travel worldwide for events and vacations.

Cars

We know how people go crazy when they get famous and start making some cash. Rappers and boxers are infamous for spending sprees, and Canelo is no exception. 

Aside from his yacht and expensive private jet, he owns an estimated $10 million worth of cars and frequently showcases them on his social media.

Among them, Canelo’s favorite car, the Mercedes SLS AMG black series, is worth around $700k.

Likewise, in 2020, he bought the world’s fastest road car, Bugatti Chiron, for $3 million. 

Another luxury car in his collection is Rolls Royce Ghost costing $322k.

At his 24th birthday celebration, Canelo showcased his Nissan GTR named Godzilla, which is sold only in Mexico and costs $210k.

Other cars parked in his Guadalaraja mansion are Lamborghini Aventador, Mustag 500 ELenaor, Mercedes- Benz G63 AMG, Ferrari Testarossa, AMG 64bi Turbo, Ferrari 458 Italia, McLaren P1, Porsche 911 GT#, and Lamborghini Gallardo.

Endorsement & Business 

Alvarez’s performance inside the ring has also earned him endorsement deals. 

The young fighter Alvarez has been sponsored by equipment brand Everlast since 2014 and is also the company’s face. 

In return, Everlast built a gym for him from scratch. Likewise, in 2017, the Mexican fighter signed with Hennesy under the mantra “Never Stop, Never Settle.”

Then, in 2018 he became the ambassador of the watch company Roger Dubuis. 

In 2019, Alvarez tied a deal with Value Group Financiero to manage his money.

Besides this, in the past, he had sponsorship deals with Under Armour, Tecate, and Golden Boys Promotion, to name a few. 

Investment & Business

In an interview with Graham Bensinger, Canelo Alvarez revealed his desire to become a business billionaire. So, he is already making suitable investments in various sectors.

For starters, Canelo has set up his clothing store, Canelo Store, which includes various men, women, and kids’ sportswear like tracksuits, tee shirts, caps, etc. 

Besides, Alvarez likes investing in real estate. Canelo stated he makes $4 to $5 million every three months from real estate investment alone. 

As if this is not enough, Alvarez is also opening 100 Canelo Energy gas stations in various places in Mexico. 

In 2021, Canelo’s promotion company Canelo Promotions, received a promotional license to conduct shows in Nevada. The company has about 100 young Mexican fighters signed.

Charity Works

Alvarez has gained fame and popularity as one of the most successful boxers. Besides it, he is also known for his philanthropic deeds.

Canelo was also honored with the Hispanic Heritage Awards for Sports for contributing to communities outside of sports in 2019. 

When Alvarez was 20, he gave a motivational speech to a youngster in that area. He also helped to build a youth institute in the city. 

When a 7.1 magnitude earthquake struck Mexico in 2017, Alvarez donated $1 million worth of supplies, medicine, and construction equipment for earthquake relief efforts.

He also volunteered to load supplies into a truck heading toward the affected communities in his hometown. 

Gracias @Canelo por una y otra vez que has abierto tu corazón a los campeones que luchan contra el cáncer , eres el #Milagro de muchos niños y mujeres. Eres un Campeon de la vida !! 🇲🇽🔴 pic.twitter.com/0Le4dD1hVO

— NARIZ ROJA AC (@NARIZROJAAC) November 15, 2021

In 2020, Alvarez donated 500k pesos ($27k) to the Red Nose Foundation to support children who have cancer. Similarly, he donated autographed gloves to raise additional funds.

Alvarez made a significant effort to fight Covid 19 outbreak in his country. He donated 950 personal medical kits to Hospital Civil de Guadalajara health workers. 

Later, he showed a grand gesture to pay for the lung transplant of his 17 years old fan.

Career & Record 

Alvarez started his professional boxing career at 15 after winning Junior National Championship. During the first 19 months of his professional journey, out of 13 opponents, Alvarez knocked out 11.

Later, on April 18th, 2008, Canelo won the WBA Fedecentro welterweight title, defeating Gabriel Martinez in 10 rounds. 

Then on 24th October 2008, Alvarez fought for the first time in the USA, defeating Larry Mosley by unanimous decision. 

With a 34-0-1 record, Alvarez won the titles of NABF, WBO Latino, WBC Youth welterweight, and WBC lightweight middleweight. 

After the victory over Lovemore N’dou, he got an opportunity for his WBC lightweight title against Matthew Hatton. He went on to dominate the fight, winning by unanimous decision.

After making 5 title defenses, he fought Austin Trout for WBC, WBA, and The Ring light middleweight titles and won the fight via unanimous decision.

Canelo Alvarez vs. Floyd Mayweather

On September 14th, 2013, a super fight was set between Canelo Alvarez and Floyd Mayweather.

But he lost the fight by majority decision, handing the first and only loss of his professional career. That fight made him a worldwide star selling 2.2 million pay-per-views.

Then after winning WBC, The Ring, and lineal middleweight titles against Miguel Cotto, he fought Amir Khan for a title defense on May 7th, 2016.

He won the fight against Khan, knocking him down in the 6th round.

Later, he defeated Liam Smith to win WBO light-middleweight title. Then Canelo went on to win back-to-back the fight against Golovkin. 

Overall, as of 2023, the professional boxing record of Canelo Alvarez is 58 wins, two losses, and two draws. Moreover, he has won 39 of his fights by knockout. 

Canelo Alvarez informed on social media that his return to the ring would be in Jalisco, Mexico, in May 2023.

The event will be part of the 200th-anniversary celebration of the state of Jalisco.

John Ryder has been mentioned as a possible opponent for Canelo Alvarez; Ryder is a boxer with 32 wins, 18 knockouts, and five losses.

Alvarez’s last fight in the Mexico ring was against Puerto Rican Kermit Cintron.

Quotes

• “I’m honored and blessed by God to be in the sport I love, and I want to accomplish all the goals I set in boxing – to be successful and make history.”
• “The most desperate you are, the more mistakes you make.” 
• “Boxing is the most beautiful thing after women.”

Trivia

• All of his seven older brothers are professional boxers. Growing up, Canelo idolized his brother Rigoberto Alvarez.
• While Alvarez was small, he used to sell popsicles on Juanacatlan street and trained with coach Chepo during afternoons. 
• Alvarez is a school dropout. He left school in 8th grade to pursue his career in boxing.
• Canelo does not like to do strength training or weight lifting. He instead wants to perform bodyweight exercises.
• During childhood, he was raised with horses and still loves riding them.

Search Graph

Canelo Alvarez’s graph shows average mobility from Aug. to Jan. 2023.

The graph illustrates the search rate for the past 12 months.

Frequently Asked Questions (FAQS)

When is Canelo Alvarez's next fight?

Canelo Alvarez has confirmed his next fight on May 6th, 2023, in Jalisco, Mexico, against “The Gorilla” Ryder (32-5, 18 KOs).

What did Canelo say about Messi?

After seeing Messi stepping on Mexico's jersey, Canelo called out his hypocritical behavior towards Mexico. However, it was a misunderstanding, and later Canelo apologized for his tweet.

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