QUINIX Sport News: Canelo’s Fortune On The Rise: Manager Sees Net Worth Breaking $1 Billion

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On Saturday night, May 3rd, ANB Arena in Saudi Arabia was a global stage where fighters rose, screens lit up, and the city pulsed with every punch as Canelo Alvarez clashed with William Scull.

The long-awaited bout occurred in Riyadh as the Mexican Icon kicked off his four-fight deal with Turki on Saturday night. He won via unanimous decision after 12 rounds of a cat and mouse chase in the ring. The victory made him a two-time undisputed super-middleweight champion. After three months, Alvarez is set to clash with Terence Crawford; Allegiant Stadium in Las Vegas will be their venue.

“Canelo Alvarez’s business manager Richard Schaefer tells The Ring that he believes the undisputed super-middleweight world champion will become the first fighter to break the billion-dollar net worth,” said Ring Magazine on X. Richard predicts his boss’s net worth will hit a billion dollars by next year. He recently exceeded Cristiano Ronaldo, who was the highest-paid athlete in 2025, a recent estimate by Forbes indicates that he has earned over $600 million in his professional career.

Terence has shown great confidence ahead of their upcoming fight in September; he said that he will show the world what greatness looks like. “Terence Crawford is supremely confident ahead of his September showdown against Canelo Alvarez,” said the Ring Magazine on X. Three days ago, Alvarez retained his WBA (Super), WBC, WBO, and The Ring super middleweight titles; he also won the IBF super middleweight title.

He has a huge task to defend his titles against undefeated welterweight world champion Terence. The two contenders had their first face-off immediately after their fight was announced. “Myself with the legends Alvarez and Terence. We are split on who we will support in this super fight. Schaefer and Coppinger with Canelo and Rick Reno, along with Doug and Ish with Crawford, and you know who I am with?” said Turki on the X photo caption.

On Saturday night, May 3rd, ANB Arena in Saudi Arabia was a global stage where fighters rose, screens lit up, and the city pulsed with every punch as Canelo Alvarez clashed with William Scull.

The long-awaited bout occurred in Riyadh as the Mexican Icon kicked off his four-fight deal with Turki on Saturday night. He won via unanimous decision after 12 rounds of a cat and mouse chase in the ring. The victory made him a two-time undisputed super-middleweight champion. After three months, Alvarez is set to clash with Terence Crawford; Allegiant Stadium in Las Vegas will be their venue.

“Canelo Alvarez’s business manager Richard Schaefer tells The Ring that he believes the undisputed super-middleweight world champion will become the first fighter to break the billion-dollar net worth,” said Ring Magazine on X. Richard predicts his boss’s net worth will hit a billion dollars by next year. He recently exceeded Cristiano Ronaldo, who was the highest-paid athlete in 2025, a recent estimate by Forbes indicates that he has earned over $600 million in his professional career.

Terence has shown great confidence ahead of their upcoming fight in September; he said that he will show the world what greatness looks like. “Terence Crawford is supremely confident ahead of his September showdown against Canelo Alvarez,” said the Ring Magazine on X. Three days ago, Alvarez retained his WBA (Super), WBC, WBO, and The Ring super middleweight titles; he also won the IBF super middleweight title.

He has a huge task to defend his titles against undefeated welterweight world champion Terence. The two contenders had their first face-off immediately after their fight was announced. “Myself with the legends Alvarez and Terence. We are split on who we will support in this super fight. Schaefer and Coppinger with Canelo and Rick Reno, along with Doug and Ish with Crawford, and you know who I am with?” said Turki on the X photo caption.

 

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