Saúl 'Canelo' Álvarez is not only a boxing legend inside the ring, but also a money-making machine. The fighter from Guadalajara has become one of the highest-paid athletes on the planet, amassing a fortune that places him among the richest sports figures in the world. His upcoming bout against Cuban boxer William Scull, set to take place in Saudi Arabia, is expected to break all of his previous financial records.

According to sources close to the event organizers, the Mexican star is set to earn nearly $80 million dollars from this fight alone. It will be the biggest payday of his career and is part of an ambitious agreement with the chairman of the Saudi General Entertainment Authority, Turki Al-Alshikh, who has helped turn the country into a new global hub for boxing.

According to the renowned Forbes magazine, Canelo Álvarez has a net worth of around $275 million dollars. This figure includes not only his earnings from boxing but also his investments, properties, and businesses in various sectors, ranging from fashion stores to gas stations.

In 2024, he was ranked as the 14th highest-paid athlete in the world, and the top-earning Mexican athlete. With his new five-fight deal in Saudi Arabia, reportedly worth $400 million dollars, he is expected to break into the global top 10 very soon.

Prior to this agreement, the boxer had already made headlines in 2018 by signing a record-breaking deal with DAZN worth $365 million dollars over five years, earning him an average of $33 million per fight. Although that contract was terminated in 2020, he has continued to earn multimillion-dollar purses for every appearance in the ring.

It is estimated that since turning professional in 2005, the fighter from Guadalajara has generated over $600 million dollars, with annual earnings of about $75 million just from his fights.

Canelo Álvarez’s financial success reflects his discipline, global popularity, and ability to reinvent himself both inside and outside the ring. With his sights now set on the clash against Scull, the Mexican star continues making history—not just with his titles, but with his unmatched earnings.