Charles Oliveira Net Worth: Does He Still Live in a Slum After Earning Millions?

Published 12/06/2021, 2:00 PM EST
HOUSTON, TEXAS – MAY 15: Charles Oliveira of Brazil looks on during his Championship Lightweight Bout against Michael Chandler at the UFC 262 event at Toyota Center on May 15, 2021 in Houston, Texas. (Photo by Carmen Mandato/Getty Images)

Charles Oliveira is one of the most underrated champions of all time. Oliveira is without a doubt one of the finest fighters in the lightweight division. The Brazilian is currently on a 9 fight winning streak. Oliveira has dominated some prominent fighters in the promotion throughout his win streak. Some of these names include Michael Chandler, Tony Ferguson, and Kevin Lee. 

ADVERTISEMENT

Article continues below this ad

Ever since ‘ Do Bronx’ made his UFC debut back in 2010, he’s been through a few ups and downs on his way to the top. Before his UFC debut, Oliveira used to compete professionally in local Brazilian promotions.

ADVERTISEMENT

Article continues below this ad

Charles Oliveira: Background

“Do Bronx” grew up in a very poor family in São Paulo, Brazil. His journey began in the favelas of Vicente de Carvalho in Guaruja. Favelas is another name for slums. This is where Oliveira allegedly got his nickname from.

While growing up, he struggled to make ends meet. To earn money for his family, Oliveira used to help his mother sell cheese salads on the streets. He was also a part of the labor force of Brazil. His mother worked as a cleaner as well.

HOUSTON, TEXAS – MAY 15:Charles Oliveira of Brazil gestures to the crowd before facing Michael Chandler during their Championship Lightweight Bout at the UFC 262 event at Toyota Center on May 15, 2021 in Houston, Texas. (Photo by Carmen Mandato/Getty Images)

Oliveria was first introduced to Jiu-Jitsu through a friend he had in his neighborhood. His friend’s father, who he considered an uncle, helped him work out a deal so that he could train on a scholarship basis. Olivera attributes his success to him. However, he wasn’t around to witness Charles’ success, as he was shot dead about 2 years after he got Oliveira into BJJ.

Charles Oliveira’s Net worth

ADVERTISEMENT

Article continues below this ad

According to Tapology, Charles Oliveira has estimated career earnings of $1,122,600. He has an estimated net worth of about $2 million. From having almost nothing, Oliveira really worked his way up to the top. His rags to riches story is an inspiration to millions around the world.

Does Charles Oliveira still live in the slums?

Oliveria is one of the few fighters who regularly gives back to the community he grew up in. Olivera is heavily involved in charity. Even though Oliveira is a millionaire, he is still true to his Brazilian routes. “I still live in Vicente de Carvalho,” Oliveira said in an interview to ESPN Brasil. “I live in a different place, a little better house. I always try to seek improvements for us, but I live within the community,” he added.

ADVERTISEMENT

Article continues below this ad

HOUSTON, TEXAS – MAY 15: Charles Oliveira of Brazil is interviewed after defeating Michael Chandler in their UFC lightweight championship bout at Toyota Center on May 15, 2021 in Houston, Texas. (Photo by Josh Hedges/Zuffa LLC)

“I think we have to be where we feel good. You have to be with who you feel good with, no matter who you are, how much [money] you are going to have, who you are going to be. I know where I came from and I know where I want to go, but it is not because I want to go far that I have to get away from my origins,” said the UFC champion. He is a true Brazilian hero and is staying in his hometown because he is comfortable there.

SHARE THIS ARTICLE :

ADVERTISEMENT

Pranit Punjabi

455 articles

Pranit Punjabi is a UFC author at EssentiallySports. A third-year psychology major, this Khabib Nurmagomedov fan merged his interest in psychology with his deep passion for MMA and was intrigued by this new angle to help him get closer to the action. Pranit aims to look through the violence and chaos, into what makes MMA truly beautiful, the deep and rich psychological aspect of the game.

ADVERTISEMENT

ADVERTISEMENT