Photo: Matt Thomas / Getty Images
Saúl Álvarez has a fortune that reaches 140 millions of dollars, however, not everything has been achieved thanks to boxing. In fact, the man from Guadalajara recalled that during his first professional fight he only received 40 dollars, of which he used half of that money to carry his family to combat.
“I won 800 Mexican pesos ($40 dollars) for that fight. I had to pay half of that in tickets because my family is very big and they wanted to see me fight ”, narrated the boxer during an interview granted to DAZ.
The fight, which meant the boxing debut of ‘Canelo’, took place in 2005 and the Mexican clearly remembers that they did not pay him the corresponding money to which he he had agreed, however, he did not depend on boxing as his sole source of income.
“They only paid me half the corresponding money for my first fight. I love boxing and have never done it for money. At that time I had other jobs, I was alone, I had no children, I did not have to support anything and I worked . I didn’t need the money, I just wanted to fight,” Álvarez explained.
However, reality has changed a lot since then, because now ‘Canelo’ is one of the boxers who earns the most money for fight. In fact, after the agreement of three fights that the Mexican will have during 2022, you will get a figure of 160 million dollars.
Despite the fact that boxing has become a powerful source of income for the Mexican, Álvarez has started a career as an entrepreneur that has left him with great profits in his different businesses. .
And it is that among the companies that ‘Canelo’ manages is one gas station chain called Canelo Energy. On the other hand, he has income that he receives after investments in real estate, an item that gives him around of 4.5 million dollars per quarter.
In addition to this is its own promoter Canelo Promotions that released after breaking ties with Golden Boy Boxing. And, as if that were not enough, the Mexican has a series of sponsorships from brands such as Everlast, Dolce and Gabbanna, Hennessy
, among others, which brings him earnings close to 2 million dollars per year.
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