Canelo Alvarez's Net Worth in 2023

Canelo Alvarez's net worth in 2023 is $200 million. The Mexican boxer came from humble beginnings to start a boxing empire. Let's look at Canelo Alvarez's net worth in 2023.

Canelo Alvarez's net worth in 2023 (estimate): $200 million

Alvarez was a heralded name coming out of the amateur Mexican boxing circuit. He has become one of the greatest boxers of all time. Canelo Alvarez's net worth in 2023 sits at about $200 million, according to Celebrity Net Worth.

On Oct. 17, 2018, Canelo signed a five-year, $365 million fight contract with Oscar De La Hoya's promotion company and DAZN. The deal was slated to cover 11 fights, starting with one in December 2018. However, the contract broke down, and Canelo filed a lawsuit against De La Hoya and the streaming platform. Between June 2018 and June 2021, Canelo earned $215 million for his fights.

Canelo Alvarez's early life

Canelo's full name is Santos Saul Alvarez Barragan. He was born on July 18, 1990, on the outskirts of Guadalajara, but he and his family moved to Juanacatian when he was 5. Alvarez is the youngest of seven brothers, and all seven grew up to become professional boxers. Canelo was a rare case of a person from Mexico being born with red hair. Cinnamon in Spanish is “Canelo,” hence the nickname.

Canelo started boxing when he was 13 to be like his older brothers. His amateur record was so impressive that he won a silver medal in the Mexican Junior Championships at 15 and immediately turned pro.

Marcus Vance

Marcus Vance

Cybersecurity & Digital Privacy Researcher

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.

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