Back in 2012, Canelo Álvarez, incumbent unquestioned super middleweight champion, earned a substantial sum of more than $1.2 million by successfully defending his light middleweight title against Shane Mosley. Here is what he did with his first million bucks!
Alvarez possesses jewelry valued at approximately $10,000. He modestly describes his watch and ring as "not that expensive" despite their notable value. The watch is a TAG Heuer, adorned with diamonds around the cover. Similarly, his ring came with a few diamonds as well.
Alvarez also bought a striking red Audi R8, a convertible model worth an impressive $200,000.
Alvarez invested in a prestigious property located in his hometown of Guadalajara. This exclusive residence, valued at $500,000, is situated within a private, upscale neighborhood and also came with a pool.
Alvarez maintains a substantial financial safety net with USD 290,000 securely held in his bank account, ensuring financial security for unforeseen circumstances.