Canelo Alvarez and his fortune: How did he earn a lot in a single 12 months?

As a very powerful Mexican boxer in recent times, Saul “Canelo” Alvarez has amassed an enormous fortune. However how has he received a lot so rapidly?

The Jalisco native is among the many athletes with the very best earnings worldwide, and, in Mexico, he’s the one who has earned essentially the most cash from his profession.

In accordance with Forbes, “Canelo” final 12 months had an annual revenue of 110 million {dollars}, most of that cash got here from boxing, from his fights final 12 months in opposition to Dmitry Bivol and Gennady Golovkin.

Non-boxing revenue

In the meantime, the opposite a part of his revenue comes from the totally different firms he has created or investments he has made in several areas. Hennessy and Michelob are among the manufacturers he has partnered with.

Canelo additionally launched the sale of Yaoca drinks and his well-known VMC, a model of alcoholic drinks.

As if that weren’t sufficient, he additionally has a clothes model and a series of petrol stations known as “Canelo Vitality”, in addition to launching the app “I Can”, which gives dietary recommendation and train routines.

His earnings within the ring and his good monetary selections have led him to be within the Prime 10 highest-earning athletes, rubbing shoulders with the good stars of worldwide soccer and basketball.

In accordance with the Forbes listing, along with his 110 million, Canelo is in fifth place within the depend, solely surpassed by Cristiano Ronaldo, Lionel Messi, Kylian Mbappe and LeBron James.

Right here is Forbes’ Prime 10 highest-earning athletes:

• 1. Cristiano Ronaldo – USD 136 million.

• 2. Lionel Messi – USD 130 million

• 3. Kylian Mbapp – USD 120 million

• 4. LeBron James – USD 119.5 million

• 5. Sal Alvarez – USD 110 million

• 6. Dustin Johnson – USD 107 million

• 7. Phil Mickelson – USD 106 million

• 8. Stephen Curry – USD 100.4 million

• 9. Roger Federer – USD 95.1 million

• 10. Kevin Durant – USD 89.1 million