Canelo Alvarez is a Mexican professional boxer. He is currently ranked as the world’s best pound for pound boxer by BoxRec, and as the world’s third best active boxer, pound for pound, by The Ring magazine. As of May 2020, Alvarez’s estimated net worth is $140 million, making him one of the richest boxers in the world.
Alvarez’s professional career began when he was just 15 years old, and he has since gone on to fight 52 times, winning 49 of those fights. In 2013, he signed a multi-million dollar contract with American television network HBO, which helped to boost his net worth significantly. In 2015, he signed an even bigger contract with streaming service DAZN, worth a reported $365 million. This made him the highest paid athlete in the world at the time.
Alvarez has earned the vast majority of his wealth through his successful boxing career. However,