Santos Saúl Álvarez Barragán also known as 'El Canelo' or Canelo Alvarez has a net worth od $4.5 million. Alvarez Mexican professional boxer in the Light Middleweight division. The nickname Canelo which means cinnamon in Spanish was given to him in reference to his red hair.

Canelo Alvarez Credit: Photograph by James Michelfelder & Therese Sommerseth

He is the reigning WBC, Ring magazine and WBA Light middleweight champion and holds the record of being the only Mexican boxer who has never been defeated in as many fights he has participated in. Having fought a total of forty three fights, he has won forty two of them and drew only one.

Born on 18th July 1990 in the city of Guadalajara, the 5 feet 9 inches tall boxer started his boxing career when he was thirteen years old after watching his elder brother making a debut as a professional boxer. Alvarez became professional boxer when he was fifteen years old. He is engaged to a TV sports reporter who is a former Miss Mexico Universe champion and he has one daughter that he had with his ex -girlfriend.