Canelo Alvarez will become a billionaire in 2026: how the boxer made his fortune.

According to The Sun: Saul 'Canelo' Alvarez has every chance to become a billionaire as early as next year.

The Mexican boxing star is preparing for a fight with Terence Crawford, during which he could earn another 100 million dollars.

Canelo Alvarez at the weigh-in with Terence Crawford He is on his way to becoming a billionaire Canelo is the highest-paid boxer in the world Canelo's tequila seltzer is in high demand

However, Canelo's manager, Richard Schaefer, noted that most of the boxing champion's income comes from his business ventures outside the ring.

The 35-year-old boxer has signed a number of major sponsorship deals, including with Dolce & Gabbana, and has launched a successful tequila seltzer business.

Schaefer believes that by 2026, Canelo could join the billionaire club.

“Considering the diversity of his business, I think we are on the right track,” he said.

“I am confident that this will happen next year.”

He added, “We have a number of investments, some of them private, and some are operating businesses that we manage.”

“This is VMC with his tequila-based drink that is breaking records in the USA and Mexico.”

At this point, Canelo has already earned about 500 million dollars in boxing as the head of pay-per-view. His next fight with unbeaten Crawford will be live on Netflix at the Allegiant Stadium sports complex in Las Vegas.

According to Schaefer, the fight purse is just part of the deal.

“This is a very complex deal. The fight purse is actually a smaller part of the whole deal,” he noted.

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Schaefer emphasized that “this is actually much more than just fight purses.”

Floyd Mayweather, who defeated Canelo in 2013, has always boasted about his huge earnings, ranking first in the Forbes list for the decade.

“But if you weigh in what I mentioned earlier, Canelo has the potential to rival Mayweather's wealth,” Schaefer noted.

Canelo was only 23 years old when he fought Floyd Mayweather Getty Images - Getty Getty Images - Getty

Schaefer reported that he initially tried to convince Canelo not to fight Mayweather, but later felt that the loss helped him become who he is today.

“There were all kinds of attempts, but he didn’t want to hear it,” he recalls.

“He said, 'There is only one guy I want to fight, and that is Floyd Mayweather.'”

Schaefer believes that this fight, although it ended in defeat, gave Canelo the momentum for further achievements.

“It was a blessing in disguise,” he concluded.

Getty Canelo Alvarez continues to build an impressive career. His fight with Crawford will be the next big milestone on his path to billionaire status. The interest in this match is huge as both boxers are leaders in their weight classes with impressive achievements. The outcome of this fight will affect not only the financial commercial success but also the sporting reputation, so everyone will be eager to follow the developments.