In the world of boxing, there is barely anyone who is not aware of Canelo Alvarez and his boxing prowess. Known for his fists of steel, Canelo has a bank account to match it, and he is not afraid to splurge that money on the finest things in life. Canelo is often regarded as one of the wealthiest boxers in the world, and the truth isn’t far from it. 

According to Celebrity Networth, Canelo is worth a whopping $200 million. This number surged even further after his last fight against Jermell Charlo. Canelo delivered an absolute beating to ‘Mell’ in what is being called a one-sided affair. While official numbers are not released to the public, many experts have speculated Canelo took home somewhere around $50 million. So, ‘Cinamon’ decided to spend his massive wealth on a brand new luxury sports car that cost $2000000.

Which car did Canelo Alvarez buy?

Sharing his recent purchase, Canelo turned to Instagram and shared a picture of the car in his story. The car sat snug in the garage with all its glory, draped with a large red fabric. It was a brand-new red LaFerrari, which set Canelo $2000000 back.  However, that’s not the only impressive car in Canelo’s garage. 

The four-division champion has an impressive collection of luxury cars, including Mustang 500 Eleanor, Shelby Mustang, Ferrari 458, Lamborghini Urus, and limited edition Lamborghini Gallardo. Surprisingly, that’s not even the end of it! He also owns a blue Bugatti Chiron, a Rolls Royce Ghost, and a Bentley. However, none of these match up to the new $2000000 LaFerrari that can reach speeds up to 217mph.

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Canelo’s real estate portfolio

While the Mexican superstar has one of the most extreme car collections, his real estate portfolio dwarfs even the cars. Forbes conducted an interview with Canelo back in 2021, where Canelo revealed his earnings from his real estate investments. While it’s nowhere near Floyd Mayweather’s real estate empire, it’s impressive nonetheless.

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During the interview, Canelo uncovered that he makes somewhere around $20 million each year from his real estate investments. What’s more, his real estate investments are just one small part of his massive investment portfolio. Besides real estate, the four-division champion also has a chain of Taco restaurants, a clothing line, and a Tequila brand, among other things.

After dismantling Jermell Charlo in the ring back in September, Canelo went all out by dropping $2000000 on an exotic sports car that most people can just dream about. However, the burning question is – do you like his new car?

Watch This Story: Here’s How $200,000,000 Worth Canelo Alvarez Spent His First Ever Million