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In an interview with Miguel Gurwitz, Saul 'Canelo' Alvarez confessed his financial reality after there was talk about the life led by the fighter's children, who would believe they have an easy path guaranteed and could be in for an unpleasant surprise. The Mexican boxer explained how he will manage his finances and wealth.
Even considering that it is "obvious" that Canelo Alvarez possesses a stratospheric sum of money that would leave his next 10 generations comfortable, the Mexican boxer's relatives were left 'speechless' after hearing the patrimonial reality that his father has and, above all, what the Guadalajara-born boxer will do with it.
How much money does 'Canelo' Alvarez really have?
The super middleweight world champion has a net worth of $300 million, according to Celebrity Net Worth. This year, Canelo signed a five-fight deal with Turki Alalshikh, chairman of Saudi Arabia's General Entertainment Authority (GEA), worth an estimated $400 million.
The Guadalajara-born boxer's next fight will be for the undisputed super middleweight championship against Terence Crawford on September 13. It is said that Saul Alvarez's career earnings will soar to $1.1 billion when the contract is completed.
'Caelo' Alvarez leaves his children unmoved after indicating the future of his wealth
During the interview with journalist Gurwitz, the fighter insisted that his children, Emily Cinnamon Alvarez Beltran, Mia Ener Alvarez Quiroz, Maria Fernanda Alvarez Gomez and Saul Adiel Alvarez Sepulveda, are wrong if they think he will give them his money, he has already made it clear to his children that his millions belong to him and him alone.
Canelo said: "They don't have an easy life guaranteed. They don't ask me for money, but if they asked me: 'Is it my money?', I would say no, it's not yours. You don't lack anything, you have the opportunity to do whatever you want, but the money is mine, only mine. I give you the basis to earn your own money," he concluded.