Mexican boxer Canelo Alvarez is currently one of the best pound-for-pound fighters in the world. Despite his loss to Dmitry Bivol earlier this year, he has been a force in the middleweight division even garnering an 8-fight winning streak before his upset loss.

Moreover, he is also one of the biggest draws in boxing alongside Floyd Mayweather. As a result, he has been able to earn considerable sums every time he steps into a ring. This has made him quite rich with a staggering net worth of $180 million. However, Alvarez doesn’t like to forget his roots and culture. In an interview with Graham Bensinger, the Mexican boxer revealed despite earning a lot of money in his career, he felt like he would spoil his daughter by giving her everything she wanted.

He stated that at first; he wanted to provide for his daughter, the things he couldn’t afford. However, he realized that it would be a mistake. “When I started having everything, money all those kinds of things. I always said I’m going to give my daughter what I didn’t have, and I gave her everything. There was a moment when I said I’m making a mistake.” he said.

He later claimed that it would be a mistake because this would lead to his daughters relying on him for everything, rather than becoming independent. “I’m making a mistake because life is not like this. You’re gonna turn them. You’re going to make your children dependent on something, which is you.” He added.

Gennady Golovkin’s Net Worth Compared to Canelo Alvarez’s wealth in 2022

It isn’t hard to understand where Alvarez is coming from. Every parent wants to provide for their children, however, they must be careful that the children do not develop the habit of depending on them.

What’s next for Canelo Alvarez?

After his shocking defeat, Alvarez is ready to get right back on track. He will now take on his long-time rival Gennady Golovkin in the final chapter of their trilogy. The bout will take place in the T-Mobile Arena in Las Vegas on September 17th.

Alvarez will put his unified middleweight titles on the line for the third time. He will be a favorite to win the fight against an aging Golovkin and will look to secure a rematch against Bivol after this fight.

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