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Canelo Alvarez Net Worth in 2022: How rich is this boxing champion?

A world-renowned boxer Canelo Alvarez, we are informing you about his whole life till now and Canelo Alvarez net worth. He is on the top list of boxing championships. He made so many records and broke other fighters’ records.

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In 2022: Canelo Alvarez Net Worth

The winner and the business agreed to a $365 million contract in 2017. He received a total of $135 million from the contract, and as a result, he and his team were involved in a legal battle. Over the years, some of his fight payouts included Sugar Amir Khan received $25 million, Gennady Golovkin I received $40 million, Josesito Lopez received $2 million, Floyd Mayweather received $12 million, Miguel Cotto received $5 million, and Gennady Golovkin II received $20 million. Canelo Alvarez net worth in 2022 is nearly $180 million.

The last 5 years’ net worth trend

Canelo Alvarez Net Worth in 2022

$180 million

Canelo Alvarez Net Worth in 2021

$160 million

Canelo Alvarez Net Worth in 2020

$140 million

Canelo Alvarez Net Worth in 2019

$120 million

Canelo Alvarez Net Worth in 2018

$100 million

Begining of life of Canelo Alvarez

In an interview, Alvarez revealed that although his family is from Los Reyes, Michoacán, he was born on the outskirts of Guadalajara, Jalisco. When he was five years old, his family relocated to Juanacatlán, Jalisco, where they still reside. He learned to ride horses while growing up on his family’s farm, a skill he still practices now. Alvarez is the youngest of eight kids—seven of them are boys—and the only one whose siblings are also successful professional fighters. Welterweight boxers Ramón, Ricardo, and former WBA interim world champion Rigoberto Alvarez are among his brothers.

The Spanish term for cinnamon, Canelo, is used to refer to men and is a typical moniker for those with red hair. He has a red-haired mother named Ana Maria. Red hair is frequently associated in Mexico with Irish troops who served in the Saint Patrick’s Battalion and fought for Mexico during the Mexican-American War. Alvarez once remarked, “There might have been an Irish grandfather way back in my background,” when discussing his genealogy.

Career in profession

As a result of his trainers at the time, father-and-son pair Chepo and Eddy Reynoso’s inability to locate acceptable junior opponents for him, Lvarez turned professional at the age of 15, shortly after winning the Junior Nationals championship. He defeated 11 of his 13 opponents, all of whom were far older than him, in his first 19 months as a professional. The senior Reynoso claimed that Alvarez had fought ten more times during that time, winning all ten of those fights by knockout, but that because the records for those fights were so shoddy, it was not worth the work to try to get them fixed.

On January 20, 2006, in his hometown of Guadalajara, Jalisco, Alvarez defeated Miguel Vázquez, who would go on to become the IBF lightweight champion. Vázquez was defeated by Alvarez once more in a rematch on June 28, 2008. On the same fight evening, he also made history by having all six of his siblings compete at once, with Canelo being the youngest.

Fights of Canelo Alvarez

Alvarez v/s Cintron

Kermit Cintrón was defeated by Alvarez in the fifth round by KO. Alvarez gave former welterweight champion Cintrón three rounds to get a feel for him before hammering the Puerto Rican in the fourth with body blows and straight right hands. At the end of the round, he had Cintrón in trouble after knocking him to the ground once, but the bell intervened to save him. Cintrón entered the fight in the fifth round and briefly caught Alvarez with some combinations, but Alvarez soon overcame him with several strong straight right hands, and the referee intervened to end the fight.

Alvarez v/s Trout

On April 20, 2013, Austin Trout was his opponent at the Alamodome in San Antonio, Texas. The bout was originally scheduled to be Floyd Mayweather Jr. vs. Robert Guerrero’s co-main event during Cinco de Mayo weekend, but because of a contract dispute between Alvarez and Mayweather regarding their future fight on September 14, 2013, Alvarez decided to headline his card instead.

 

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