As of 2023, Canelo Alvarezs net worth is estimated to be $200 million according to multiple sources. He is a Mexican boxer in the Light Middleweight division who has been described as the best pound-for-pound boxer in the sport. Canelo Alvarez has achieved multiple world championships in four weight classes, leaving an indelible mark in the light middleweight, middleweight, super middleweight, and light heavyweight divisions. He initiated his professional boxing career at the age of 15 and has since amassed a colossal fortune from his boxing empire. Between June 2018 and June 2019, he earned $95 million from his boxing career, and from June 2020 to June 2021, he added another $90 million to his wealth. Canelo Alvarez secured a groundbreaking 5-year, $365 million fight contract with Oscar De La Hoyas promotion company and DAZN on October 17, 2018, covering 11 fights. His net worth is also boosted by lucrative endorsements and commercial ventures, including partnerships with companies such as Nike, Under Armour, and Tecate.