Canelo Álvarez net worth as one of the richest world boxers


Canelo Álvarez net worth originates from boxing. He is a Mexican professional boxer. He held the Ring magazine’s super middleweight title from 2020 to 2025.

Most importantly, Canelo Álvarez made history by becoming the first undisputed super middleweight champion in 2021, then again in 2025. He also ranks among the top-earning boxers in the world.

So far, he has fought 68 matches, won 63 with 39 by knockout and 24 by unanimous decision and lost only 3.

The estimated Canelo Álvarez net worth

Canelo Álvarez net worth is $275 million according to Forbes as of 2025. this comes from his boxing career, personal investments and brand endorsements. 

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Career overview

He began by competing in the Junior Mexican National Championships and won a silver medal, in 2004. The following year, he won the Junior Mexican National Boxing Championship title.

Afterwards, he turned professional at 15 years old. He fought in the light welterweight division and eventually settled at welterweight division. in 2010, he fought against José Cotto and retained his WBC-NABF welterweight title.

Middleweight

Later on, he entered the light middleweight division. Here, he won the WBC Silver light middleweight title against Luciano Leonel Cuello with a sixth round technical knockout(TKO).

Most notably, he won against Carlos Baldomir in the sixth round and made history by becoming the first boxer to knock him out. Additionally, he became the second boxer to  stop him.

Afterwards, he defended his light middleweight title against Lovemore N’dou and won by unanimous decision. In March 2011,  he won the WBC light middleweight title against Matthew Hutton by unanimous decision.

In June that same year, he victoriously defended his WBC light middleweight title against Ryan Rhodes by a 12th round TKO.

He also defended his title against Alfonso Gómez and won by a sixth round knockout (KO). He went on to win against Kermit Cintrón, Shane Mosley and Josesito López.

Later, he defended his title against Austin Trout with a seventh round knockdown win. Additionally, he also won both WBA Regular and Ring light middleweight titles.

Most remarkably, he won the IBF middleweight title against Daniel Jacobs in May 2019.

Catchweight

Under the catchweight division, he won his first fight by stoppage against Alfredo Angulo. Afterwards, he won against James Kirkland, Miguel Cotto, Amir Khan and Julio César Chávez Jr. among others.

In the middleweight division, he won against Gennady Golovkin in 2017 and again in 2018 for the Ring middleweight title.

Super middleweight

Super middleweight division saw him win by stoppage against Rocky Fielding. He also won the championship by unanimous decision against Callum Smith in December 2020. He also won over Billy Joe Saunders, Caleb Plant, Gennady Glovokin, John Ryder, Jermell Charlo, Jaime Munguia, Edgar Berlanga and William Scull.

Light heavyweight

In November 2019, he won the WBO light heavyweight title by 11th round KO against Sergey Kovalev. That same year, he was named the Fighter of the Year by The Ring Magazine, ESPN, Sports Illustrated and the Boxing Writers Association of America.

Personal ventures

During his career, he has had endorsements with Under Armour, Everlast. Tecate, Hennessy, Roger Dubuis and the latest being 1win.

In addition to this, he owns the Canelo Energy gas stations in Western Mexico, Upper convenience stores and I Can fitness app. He also owns a clothing line and boxing and entertainment ventures.

Conclusion on Canelo Álvarez net worth

All in all, Canelo Álvarez has built his net worth by an unmatched record of winning boxing matches through purses and pay per view mediums. Additionally, he has profited from lucrative  brand endorsements.

Featured image: Canelo Álvarez on Instagram

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