Canelo Alvarez

CANELO ALVAREZ

Canelo Alvarez’s Net Worth 2024, Career, and Family

Who is Canelo Alvarez?

Saul "Canelo" Alvarez is a renowned Mexican professional boxer known for his exceptional skills and achievements in the boxing world. The 33-year-old is a four-weight world champion and the only boxer to become the undisputed super middleweight champion. Alvarez has held multiple titles across different weight divisions, making him one of the most accomplished boxers of his generation.

Canelo Alvarez’s Early Life

Saul Canelo Alvarez was born on July 18, 1990, in Guadalajara, Mexico as the youngest child of Santos Alvarez and Anna Maria Barragan. He has six brothers: Rigoberto, Daniel, Ricardo, Gonzalo, Victor, and Ramon, and one sister, Ana Elda Alvarez.

Though originally from Los Reyes, a small municipality in Mexico's Michoacan state, they eventually relocated to their current residence in Juanacatl'n, in Jalisco state. He never completed schooling, deciding to drop out in the eighth grade, much to his parent's disappointment. He wanted to ensure his focus was on boxing and nothing else.

When Canelo was younger, his older brothers often made him the scapegoat if a conflict occurred in school. Though they were already into boxing, Canelo interestingly never followed his elder brothers into boxing. The activity that fascinated his young mind first was horseriding. Even now, he ranks it as his second favorite activity to indulge in, after boxing.

During childhood, he had an array of nicknames, such as Jcama con Chile, which meant jicama (Mexican turnip) with chili flakes, and Entomatado or Enchilado, which was attributed to his red hair as well as his fiery temper. His current nickname, Canelo, is the Spanish word for the spice cinnamon. In Mexico, the word is often used for people with red hair. It is speculated that the boxer might have inherited the trait from an Irish ancestor.

Canelo Alvarez’s Wife and Children

Canelo Alvarez is married to Fernanda Gomez, whom he met for the first time in 2016 at a charity event. A year after they started dating, the duo became proud parents to Maria Fernanda Alvarez. They got married in May 2021 at a cathedral in Guadalajara.

However, before settling down with Gomez, the world champion was in relationships with other women. His first known relationship was with his childhood sweetheart, Karen Beltran. He had his first child, Emily Cinnamon Alvarez, with her in 2007. Alvarez was barely seventeen at the time.

But the relationship didn't last long, and Karen and Alvarez went their separate ways. Some online reports also suggest that Canelo has another daughter, Mia Ener Alvarez. He apparently had her with a Mexican model, Valeria Quiroz. However, there is no official confirmation on this, and not much is known about either Mia or Valeria.

Next, he got into a relationship with his business partner, Nadia Sepulveda. A year after they started seeing each other, the couple welcomed their son Saul Adiel Alvarez. Unfortunately, like the previous two, this relationship ended with Sepulveda and Alvarez breaking up.

Then there are other names, whom the boxer reportedly dated, such as actress Kate del Castillo, Venezuelan model Shannon de Lima, Mexican singer Cynthia Rodriguez, and actress Marisol Gonzalez, a Miss Mexico Universe 2003, with whom he was engaged from 2010 to 2012.

Canelo Alvarez's Net Worth 2024

Canelo Alvarez is a fighter who made boxing his life’s work and deserves all the success he has received. His success not only earned him a slew of medals and belts but also, in time, made him one of the wealthiest athletes in the world. Let’s look at ‘Canelo’ Alvarez’s massive net worth and all the money he made from boxing.

According to Sportico, Canelo finds himself at 48th with an estimated earning of $460 million. Not only that but the Mexican Icon also left the world shocked after he made his way to the fifth position on Forbes’ list of highest-paid athletes. Canelo Alvarez already packs a punch when it comes to finances. As of 2024, his net worth is estimated at a cool $250 million, according to Celebrity Net Worth, making him one of boxing world’s wealthiest athletes. Outside the ring, his business sense has helped him amass a fortune.

Even recent victories showcase his dominance. His most recent fight against Jermell Charlo saw him earning close to $50 million, which includes a percentage from the PPV buys. Against John Ryder in 2023, his total earnings likely reached $38 million again. A similar amount, roughly $45 million, was guaranteed for the trilogy fight against Gennady Golovkin. On May 7, he fought and lost to the great Dmitry Bivol for the Light Heavyweight title, but the battle reportedly earned him $53 million. It included the $15,000,000 salary guarantee and the percentage of PPV profits.

Look at some of the guaranteed fight purses ‘Canelo’ has made.

Vs. Shane Mosley, May 5, 2012 ”“ $1.5 million

Vs. Floyd Mayweather Jr., September 14, 2013 ”“ $5 million

Vs. Miguel Cotto, November 21, 2015 ”“ $5 million

Vs. Amir Khan, May 7, 2016 ”“ $20 million

Vs. Liam Smith, September 17, 2016 ”“ $5 million

Vs. Gennady Golovkin I, September 16, 2017 ”“ $5 million

Vs. Gennady Golovkin II, September 15, 2018 ”“ $5 million

Vs. Rocky Fielding, December 15, 2018 ”“ $15 million

Vs. Daniel Jacobs, May 4, 2019 ”“ $25 million

Vs. Sergey Kovalev, November 2, 2019 ”“ $25 million

Vs. Billy Joe Saunders, May 9, 2021 ”“ $35 million

Vs. Caleb Plant, November 6 , 2021 ”“ $40 million

Vs. Dmitry Bivol, May 7, 2022 ”“ $40 million

Vs. Gennady Golovkin, September 17, 2022 ”“ $40 million

Vs. Jaime MunguÃa, May 4, 2024 ”“ $30 million

His guaranteed purse for his bout with Avni Yildirim on February 27, 2021, was $30 million.

Canelo Alvarez’s Career Timeline

His elder brother Rigoberto's professional debut got Canelo Alvarez hooked on boxing. He was thirteen at the time. Among the remaining brothers, Ramon Alvarez and Ricardo Alvarez were Welterweight boxers.

A year after he started training, in 2004, he won his first medal, a silver, at the Junior Mexican National Championships in Sinaloa. Next year, he bettered his performance and became the Junior National Boxing Champion. Before he turned fifteen, Alvarez's amateur record stood at forty-four wins against two losses.

On October 29, 2005, at age fifteen, Canelo Alvarez debuted professionally against Abraham Gonzalez. However, it wasn't until 2007 that he won his first title, Jalisco Welterweight, on August 31, after defeating Ricardo Cano.

Vs. Gabriel Martinez, April 18, 2008 ”“ Retired Martinez in the eleventh round to win the vacant WBA Fedecentro Welterweight.

Vs. Antonio Fitch, January 17, 2009 ”“ First-round technical knockout brought home the vacant WBC-NABF Welterweight title

Vs. Euri Gonzalez, February 21, 2009 ”“ Successfully defended the WBC-NABF title and added the WBO Latino Welterweight title after knocking down Gonzalez in the eleventh round.

Vs. Marat Khuzeev, August 8, 2009 ”“ WBC Youth Welterweight after a second-round knockout victory

Vs. Luciano Leonel Cuello, July 10, 2010 ”“ Sixth-round technical victory over Luciano Leonel Cuello fetched him the vacant WBC Silver Light Middleweight title

Vs. Mathew Hatton, March 5, 2011 ”“ Won his first world title, WBC Light Middleweight, after a unanimous win over Matthew Hatton.

Vs. Austin Trout, April 20, 2013 ”“ He defended the title successfully on five occasions and added the WBA (unified) and the vacant The Ring Light Middleweight belts.

Vs. Floyd Mayweather Jr., September 14, 2013 ”“ Challenged for WBA (Super) Light Middleweight title. However, he lost the fight by a majority decision, losing the WBC and The Ring Light Middleweight titles.

Vs. Miguel Cotto, November 21, 2015 ”“ Unanimous victory fetched the vacant WBC and The Ring Middleweight titles

Vs. Liam Smith, September 17, 2016 ”“ Ninth-round knockout win made him the WBO Light Middleweight champion

Vs. Gennady Golovkin II, September 15, 2018 ”“ A win by majority decision made him the WBA (Super), WBC, and the vacant The Ring Middleweight title holder

Vs. Rocky Fielding, December 18, 2018 ”“ Third-round technical victory fetched WBA (Regular) Super Middleweight title

Vs. Daniel Jacobs, May 4, 2019 ”“ Won the match unanimously and added the IBF Middleweight title.

Vs. Sergey Kovalev, November 2, 2019 ”“ Eleventh-round knockout made him the WBO Light Heavyweight champion

Vs. Callum Smith, December 19, 2020 ”“ Unanimous victory made him the WBA (Super), WBC (Vacant), and The Ring Super Middleweight title holder

Vs. Billy Joe Saunders, May 8, 2021 ”“ Eighth-round retirement of Saunders helped him add the WBO Super Middleweight title

Vs. Caleb Plant, November 6, 2021 ”“ Eleventh-round technical win added the IBF Super Middleweight title

Vs. Dmitry Bivol, May 7, 2022 ”“ Twelve-round decision loss was fought for Bivol's WBA (Super) Light Heavyweight Title

Vs. Gennady Golovkin III, September 17, 2022 ”“ Twelve-round unanimous decision win helped him defend his WBC, WBO, WBA (Super), IBF and The Ring Super Middleweight Title

Vs. John Ryder, May 6, 2023 ”“ Twelve-round unanimous decision win helped him defend his WBC, WBO, WBA (Super), IBF and The Ring Super Middleweight Title

Vs. Jermell Charlo, September 29, 2023 ”“ Twelve-round unanimous decision win helped him defend his WBC, WBO, WBA (Super), IBF and The Ring Super Middleweight Title

Next, on May 4th at the T Mobile Arena in Las Vegas, Canelo stepped up to defend his undisputed Super Middleweight title against the WBC Silver Super Middleweight champion and fellow Mexican, Jaime Munguia. He defeated Munguia via a unanimous decision.

Canelo Alvarez’s Contract

The subscription sports streaming service DAZN announced on October 17, 2018, that it had inked a deal with Canelo Alvarez worth $365 million to last five years. Per the agreement, the service would broadcast eleven of his fights in the United States.

It was billed as the ‘biggest deal in boxing's history’. However, it barely lasted two years when the champion filed a case against his promoter Oscar De La Hoya, and DAZN for breach of contract. According to the case filed at the US District Court for the Central District of California, Alvarez sought damages to $280 million. Soon after, Canelo left Golden Boy Promotions.

Canelo then aligned himself with Eddie Hearn's Matchroom Boxing in a lucrative deal with streaming platform DAZN. This partnership yielded a successful period with Canelo securing significant victories over Callum Smith, Billy Joe Saunders, and sealing a trilogy win against Gennady Golovkin in September 2022. However, in May 2023, Canelo opted out of the Matchroom/DAZN contract, reportedly seeking even bigger fights and more control over his career.

Canelo, with the help of his manager Eddy Reynoso, signed a three-fight deal with Al Haymon's PBC in June 2023 for $100 million as part of which he fought his September 2023 bout against Jermell Charlo. He won the bout successfully. In February of 2024, there were talks of him leaving the PBC too. However, that is when they managed to procure a fight deal with Golden Boy Promotion's rising star Jaime Munguia.

Canelo Alvarez’s Partnerships, Endorsements and Investments

Popsicles became ‘Canelo Alvarez’s initial business venture. The reigning Super Middleweight champion reportedly owns multiple companies, from gas stations to taquerias.

Here are some of his most successful business investments:

Real Estate ”“ Alvarez makes roughly $20 million from his investments.

Canelo Shows ”“ Takes care of multiple activities, such as hiring and managing performers for various artistic, sports, and music-related events. Also, advice on the advertisements.

Canelo Promotions”“ Alvarez got together with Chepo and Eddy Reynoso and started Canelo Promotions in 2010

SSA Capitals and more ”“ To support businesses by raising funds and participating in capital-raising activities.

Canelo Store ”“ A New York shop to sell the gear that he used while boxing as well as outside the ring.

Upper ”“ Sells electronic items in addition to e-cigarettes, alcohol, meat, vegetables, and other frozen food.

CA ”“ Meant for environmental services.

D&G - Many are aware that Canelo Alvarez has been with Dolce&Gabbana since 2018. It’s a staple for the boxer now, who can be seen wearing the brand both in and out of the ring. Moreover, even his spouse and children can be seen sporting D&G pajamas. The undisputed champion has the logo on all his clothing including his T-shirts, pants, and Pajamas.

‘Canelo’ Alvarez owns a taco restaurant and has a stake in the Hennessy Distillery. In addition, he intends to open 90-100 service stations throughout Mexico. Many famous people have used his widespread influence by becoming closely linked to him. For example, DAZN, a sports video streaming service, and the Super Middleweight champion signed a two-fight agreement in May 2022.

Louis Vuitton, Tecate, Everlast, Hennessy, Value Grupo Financiero, Coppel (a Mexican department store chain), Under Armour, Cleto Reyes, and Roger Duuis (a watch manufacturer) are just a few of the well-known brands that regularly associate with Alvarez.

Alvarez just might be able to become another billionaire boxer. He currently owns his own ‘VMC’ cocktail brand which recently expanded to America. Despite being launched just last year, the brand has been largely successful to the point of this expansion. Moreover, Alvarez also has his own ‘Canelo Store’ where he sells T-shirts, hats and other accessories. Thus in the future, as he grows further in the business world, he just might achieve the billionaire status as well.

Canelo Alvarez’s Career Stats and Record

Record: 61-2-2, 39 KOs

DOB: July 18, 1990

Age: 33

Stance: Orthodox

Reach: 70½”³ inches

Height: 5-foot-8

Canelo Alvarez’s Charity and Foundation

Canelo Alvarez is not only a renowned boxer but also a notable philanthropist. He established the Canelo Alvarez Foundation in 2014 to aid low-income families and children in Mexico, offering educational, medical, and nutritional support. The foundation collaborates with various organizations, providing services like special needs schools and free medical care for underprivileged children.

Alvarez actively participates in fundraising events, such as auctions and benefit concerts, raising substantial amounts for his foundation and other charitable causes. During the COVID-19 pandemic in 2020, he donated over $1 million to combat hunger in Mexico and has supported relief efforts after disasters like Hurricane Harvey and the Mexico City earthquake.

Beyond financial contributions, Alvarez engages in community service, visiting hospitals, schools, and community centers to inspire youngsters. He organizes boxing clinics for aspiring athletes and awards scholarships to talented students. Recently, he donated $1 million to a children's cancer treatment center, showcasing his ongoing commitment to charitable work and support for organizations like 'Nariz Roja.'

Alvarez's generosity extends to his hometown, Guadalajara, where he has helped during crises like the COVID-19 outbreak. His efforts have earned recognition from organizations like the WBC, highlighting his dedication to making a positive impact on society.

Canelo Alvarez’s House

It's getting closer and closer for boxing sensation Saul Canelo Alvarez to have his fight in Guadalajara and it is precisely in that area of Mexico where, in addition to his roots, he has built his mansion full of luxury and comfort, where he also keeps his greatest sports memorabilia and his cars.

This beautiful space is one of the many homes that the boxer has, with all the details that the 33-year-old has dreamed of. Through a tour made by journalist Graham Bensinger in his program In Depth, it was possible to see the luxurious mansion built by Canelo based on his triumphs in the ring.

In this exhibition you can see collectible cars like a Ferrari LaFerrari which is the first car with hybrid technology in the history of Maranello, with a cost of 2.8 million dollars, as well as a Mercedes Benz G63 AMG 6x6 pickup truck, of which it is known that there are only 100 models, the collection is also made up of a black Tesla.

Although he indicates that this is one of the homes he always dreamed of owning, he will sell it and move to a luxurious ranch on the outskirts of Guadalajara.

Canelo Alvarez’s Titles

Junior Mexican National Championship ”“ Silver Medal, 2004

Junior Mexican National Championship ”“ Gold Medal, 2005

Jalisco Welterweight ”“ Vs. Ricardo Cano, 2007

WBA Fedecentro Welterweight (Vacant) ”“ Vs. Gabriel Martinez, 2008

WBC ”“ NABF Welterweight (Vacant) ”“ Vs. Antonio Fitch, 2009

WBO Latino Welterweight ”“ Vs. Euri Gonzalez, 2009

WBC Silver Light Middleweight ”“ Vs. Luciano Leonel Cuello, 2010

WBC Light Middleweight ”“ Vs. Mathew Hatton, 2011

WBA (Unified) & The Ring (Vacant) Light Middleweight ”“ Vs. Austin Trout, 2013

WBC (Vacant) and The Ring Middleweight ”“ Vs. Miguel Cotto, 2015

WBO Light Middleweight ”“ Vs. Liam Smith, 2016

WBA (Super), WBC, and The Ring (Vacant) Middleweight ”“ Vs. Gennady Golovkin, 2018

WBA (Regular) Super Middleweight ”“ Vs. Rocky Fielding, 2018

IBF Middleweight ”“ Vs. Daniel Jacobs, 2019

WBO Light Heavyweight ”“ Vs. Sergey Kovalev, 2019

WBA(Super), The Ring, WBC (Vacant) Super Middleweight ”“ Vs. Callum Smith, 2020

WBO Super Middleweight ”“ Vs. Billy Joe Saunders, 2021

IBF Super Middleweight ”“ Vs. Caleb Plant, 2021

Awards:

Premio Juventud ”“ Promising New Player, 2012; the award is meant for Spanish-speaking celebrities who brought acclaim in sports, music, motion picture, music, and many other categories.

ESPY (Excellence in Sports Performance Yearly) ”“ Best Boxer, 2019.

Hispanic Heritage Award ”“ Sports, 2019.

Premio Juventud ”“ Influencer With A Cause, 2020.

BWAA (Boxing Writers Association of America) Fighter of the Year Award ”“ 2021.

Canelo Alvarez’s car collection, yacht, and other luxuries

Obviously, for a boxer, who is shy of two years to complete two decades in the trade, the amassed wealth and affluence should give ample opportunities to have the proverbial best that money can buy.

Regarding luxury or a luxurious lifestyle, Canelo Alvarez still has miles to go to outdo his former rival, the uber-wealthy Floyd Mayweather Jr. However, the Mexican champion does have a thing or two that bespeak his taste.

Let's look at a few of the glitzy rides he has parked in the garage of his massive mansion in Guadalajara.

McLaren 650S: Priced at $269,000, the vehicle's 3.8-liter twin-turbocharged V8 engine generates 641 horsepower. It has a top speed of 204 miles per hour and covers zero to sixty miles per hour in 2.9 seconds.

Rolls Royce Ghost: Reportedly, the boxer doesn't drive the model, for he must have paid $314,400. A few of its key specifications include a 6.6-liter twin-turbocharged V12 engine producing 563 horsepower. Its top speed is 155 miles per hour, from zero to sixty miles per hour in 4.8 seconds.

Lamborghini Avantedor LP 700-4: Interestingly, the world champion has multiple generations of Avantedors in his collection. The LP 700-4 that he has is pure white. He bought it for $400,000. The model has 700 horsepower that comes from a 6.5-liter V12 engine. It takes barely 2.9 seconds to go from zero to sixty miles per hour, besides having a top speed limit of 217 miles per hour.

Lamborghini Aventador S: The Strada had a price tag of $418,000. Its 6.5-liter V12 can generate 740 horsepower. When it comes to speed, it can go up to 217 miles per hour and zooms from zero to sixty miles per hour in 2.9 seconds.

Lamborghini Aventador SV: Alvarez must have shelled around half a million dollars to get this beauty with 750 horsepower thrust by the mighty 6.5-liter V12 engine. Reportedly the luxury car makers made only six hundred pieces of the model. The Super Veloce or ‘Super Speed’, has a maximum speed limit of 217 miles per hour and goes from zero to sixty miles per hour in 2.8 seconds.

Lamborghini Aventador SVJ: The Super Veloce Jotta came with a price tag of $523,000. There are reportedly only nine hundred pieces of the limited version model. Its 759 horsepower comes from a 6.5-liter V12 engine. With a top speed of 217 miles, the car goes from zero to sixty miles per hour in 2.6 seconds.

Brabus B63 S 700 6Ã—6: Canelo is a proud owner of one of the hundred pieces of Mercedes AMG G63s 6Ã—6 version. Interestingly, the limited version can be run only under special conditions, such as for a show or a display, according to the National Highway Traffic Safety Administration (NHTSA). Priced at $511,000, the mammoth 6Ã—6 has roughly 700 horsepower. It has a 5.5-liter twin-turbocharged V8. It takes about 4.4 seconds to cover zero to sixty miles per hour.

Mercedes Maybach G650 Landaulet: An outcome of a collaborative effort between Mercedes Benz and Maybach, the Landaulet is intended to give its users an off-road experience without letting go of any attached luxuries. Taken after the G65 AMG SUV, it reportedly came at $1.3 million. Unfortunately, there are only ninety-nine pieces of the model ever made. The Landaulet has a 6.0-liter twin-turbocharged V12 engine thrusting 630 horsepower. It has a top speed of 112 miles per hour and takes less than 6 seconds to go from zero to sixty miles per hour.

Ferrari La Ferrari: The successor to Ferrari Enzo has Formula 1 hybrid technology called the HY-KERS System. The $1.42 million hypercar is the second most expensive vehicle in Alvarez's garage. The Italian car maker made only 499 pieces of the model with a massive 950 horsepower from its 6.3-liter V12 engine that works with a single-motor electric hybrid system. It has a top speed of 215 miles per hour and takes 2.5 seconds to go from zero to sixty miles per hour.

Bugatti Chiron: At $3 million, Chiron is reportedly the world champion’s most expensive car. The hypercar in EB110 Blue has 1500 horsepower that is generated by its 8.0-liter quad-turbocharged W16 engine. It takes 2.6 seconds to cover zero to sixty miles per hour and touches the top speed limit of 261 miles per hour.

If reports are believed, Alvarez is selling it for $4 million. Besides the above, the undisputed champion owns McLarens, a Mustang 500 Eleano, a Shelby Mustang, a Ferrari 458, a Lamborghini Urus, and the limited edition Lamborghini Gallardo, among others.

Besides the four wheels, Canelo Alvarez owns a $60 million black yacht having jet skis, a bespoke jetty, and a raft, among several other amenities.

Alvarez’s private jet is estimated to be worth over $35 million, and he frequently uses it to jet around the world for fights, events, and vacations.

Regarding real estate, Canelo now resides in his native Mexico, Guadalajara, where he was raised. Before that, he had a California house worth $6 million. It covered an area of 11,970 square feet.

Canelo Alvarez’s Social Media Accounts

Instagram	canelo
Twitter	@Canelo
Facebook	Canelo Alvarez
Website	https://www.caneloteam.com/

Personal Information

Name	Santos Saul Canelo Alvarez Barragan
Born	July 18, 1990
Place of Birth	Guadalajara, Mexico
Nationality	Mexican
Education	School Drop-Out
Parents	Father ”“ Santos Alvarez; Mother ”“ Ana Maria Barragan
Height	5.85
Weight	160 ”“ 175 lbs.
Record	58-2-2
Wife	Fernanda Gomez
Kids	Four ”“ Emily Cinnamon Alvarez, Mia Ener Alvarez, Maria Fernanda Alvarez, Saul Adiel Alvarez
Shoe Size	10 (U.S)