Canelo Alvarez Net Worth: How Does the Mexican Spend His Millions?

Published 11/03/2021, 6:00 AM EDT

Canelo Alvarez is the modern era boxing great for all the reasons in the world. In his prolonged boxing stint, the Mexican fighting sensation ascended the ladders of success with extreme hard work and grit. Even today, he showcases the same hunger that he did in his early boxing days.

As he is the top-ranked p4p fighter, Canelo is bound to earn some of the biggest paychecks in the sport. But what is his total net worth? And how does the Mexican boxing stalwart spend his hard-earned money?

Per Celebrity Net Worth, Alvarez holds a staggering net worth of $140 million.

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Alvarez earned one of the biggest paychecks in the sport when he made $40 million from his first Gennady Golovkin bout. Moreover, he made a notable figure of $25 million against Amir Khan.

The above fights rank among the biggest in monetary terms for Alvarez. Besides these two bouts, Canelo took on several other fights, wherein he made millions of dollars. But do you know how and where does Canelo spends his millions?

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Earlier this year, the four-division champ was in a chat with Graham Bensinger. Here, he asserted about opening 90 to 100 gas stations in Mexico. On top of that, he even talked about his investments in real estate, through which he banked $20 million annually.

Apart from some heavy investments in real estate and more, Canelo shells out millions on maintaining his lush lifestyle. The Mexican star has a fleet of cars in his garage. Right from Mustang 500 Eleanor to Lamborghini Aventador Roadster, Alvarez has some of the greatest cars in the world in his collection.

Also, he is often seen in Louis Vuitton and Dolce Gabbana outfits, to maintain his exorbitant clothing collection.

Canelo Alvarez – Will he go down as the richest boxer of all time?

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If one talks about the richest boxer on the planet, the name that crosses every boxing lover’s mind is Floyd Mayweather. ‘TBE’ nearly made $1 billion from all of his boxing outings.

That said, Canelo Alvarez has a long roadway ahead of him before he pins himself as the richest boxer of all time.

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Watch this story – A Look Inside Canelo Alvarez’s Multi-Million Dollar Car Collection: Bugatti Chiron, Lamborghini Aventador SVJ, and More

However, his current net worth is quite substantial, and he is definitely among the richest active boxers. As he is in his prime and is only getting better, expect Alvarez to get richer as the years go by.

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Written by:

Prathamesh Singh Chauhan is a Boxing Author at EssentiallySports. He is a graduate from the International Institute of Sports Management who combines his love for sports, particularly combat sports, and his flair for writing and analysis to help him in his day-to-day work. He has prior professional experience with sporting organizations such as Star Sports, Khelo India, and NBA.

Canelo Alvarez Net Worth: How Does the Mexican Spend His Millions?

Canelo Alvarez – Will he go down as the richest boxer of all time?

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