Saúl Canelo Álvarez is not only one of the most successful and respected boxers in the world, but also a visionary businessman who has been able to diversify his income outside the ring.
With a clear focus on securing his future and that of his family, the Mexican champion has built a business empire that positions him as a reference not only in boxing, but also in business.
The beginning of an empire
While dominating the boxing world, Canelo Alvarez began to explore new opportunities outside the sport.
His success in the ring, where he has accumulated titles in four different categories, gave him the resources and clout to venture into various sectors.
According to Forbes, Canelo Alvarez is one of the highest paid athletes in the world, and part of his fortune has been reinvested in projects ranging from real estate to his own line of beverages.
Canelo’s business dealings
Canelo Energy: In 2022, Alvarez entered the energy sector with the launch of Canelo Energy, a chain of gas stations in Mexico. This venture seeks to compete with major international brands and reflects his commitment to the economic development of his native country.
El Pastor del Rica: Expanding his influence to the gastronomic sector, in December 2024 Canelo opened in San Diego, California, the first branch of his taqueria “El Pastor del Rica” outside of Guadalajara, in collaboration with his brother Ricardo Álvarez, as reported at the time by the newspaper El País. This move not only diversifies his business portfolio, but also brings authentic Mexican food to the Hispanic community in the United States.
Related
Canelo Promotions: Through his boxing promotions, Alvarez supports young talent, organizing events and representing other athletes. This initiative demonstrates his commitment to the growth and development of boxing in Mexico and internationally.
Canelo Espectáculos: This company is dedicated to the organization and promotion of artistic, sporting and musical events, expanding its influence in the entertainment industry.
Canelo Mobile: Venturing into the telecommunications sector, it launched a line of telephones in the United States, demonstrating its ability to identify opportunities in diverse markets.
Upper Stores: Canelo has established a chain of convenience stores that compete with major brands, offering a variety of products and quality services.
Yaoca: Its line of beverages and supplements for sports training reflects its interest in promoting a healthy and active lifestyle.
How much money does El Canelo have?
According to Celebrity Net Worth data, as of May 2024, Canelo Alvarez’s fortune is estimated at $250 million.
This figure places him among the richest athletes in the world, highlighting his ability to generate income both inside and outside the ring.
In addition, his influence and business success have led him to be compared to sports figures such as Lionel Messi, Cristiano Ronaldo and LeBron James, who have also been able to capitalize on their fame and talent in the business world.
Model to follow
For the Hispanic community in the United States, Canelo Alvarez represents an example of perseverance and success.
Their ability to diversify their investments and undertake ventures in a variety of sectors inspires many Latinos looking to succeed abroad.
In addition, its businesses, such as the taqueria in San Diego, strengthen the presence of Mexican culture in the country, offering spaces that celebrate and share culinary traditions with a wider audience.
His ability to balance a successful boxing career with a business empire makes him an inspiration to young Latino entrepreneurs looking to succeed in various areas.
Canelo Álvarez is not only a boxing champion, but also a businessman with a long-term vision
QuéOnnda.com
For more information, visit QueOnnda.com.
