Canelo Alvarez’s Upcoming Fight Expected To Push Net Worth Toward Billionaire Status
Canelo Alvarez’s Upcoming Fight Expected To Push Net Worth Toward Billionaire Status

Canelo Alvarez’s Upcoming Fight Expected To Push Net Worth Toward Billionaire Status

News summary

Canelo Álvarez, one of boxing's biggest stars, is on the verge of becoming a billionaire, bolstered by his anticipated payday from his fight against Terence Crawford. The bout, held at Allegiant Stadium in Las Vegas, is projected to earn Álvarez at least $100 million, with additional income from sponsorships, international broadcasting rights, and pay-per-view shares potentially pushing his net worth to the $1 billion mark. Beyond boxing, Álvarez has built a diverse business empire including energy stations, convenience stores, a clothing line, a fitness app, and a highly successful tequila seltzer brand, VMC, which contributes significantly to his wealth. His recent multi-fight contract with Saudi Arabia's General Entertainment Authority, reportedly worth around $400 million through 2026, further secures his financial future. Experts and his business manager believe that by 2026, Álvarez will formally join the billionaire club, supported by both his athletic achievements and his expanding portfolio. Despite the financial magnitude, Álvarez plans a low-key celebration with family if victorious, underscoring his focus on legacy as well as earnings.

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Last Updated
18 hours ago
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100% Right
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