Boxing: Canelo Alvarez the businessman: His new million dollar investment

Saul 'Canelo' Alvarez is considered one of the best boxers in the world, as well as one of the highest paid. His current fortune stands at around 140 million dollars, and he's showing no signs of slowing down given the various projects he's involved in.

Saul 'Canelo' Alvarez is considered one of the best boxers in the world, as well as one of the highest paid.

His current fortune stands at around 140 million dollars, and he's showing no signs of slowing down given the various projects he's involved in.

Alvarez is set open a chain of convenience stores in the Guadalajara metropolitan area under the name 'Upper by Canelo Energy'.

The convenience stores will follow the same model as his Oxxo franchise, which also has its own gas stations in parts of the city.

The slogan? "We believe that behind every great day there is a coffee that wakes you up, a sandwich that replenishes you or a drink to give you your best".

Born on July 18, 1990 in Guadalajara, Alvarez began his business career by selling popsicles as part of the family business. Now, he has a huge fortune thanks to his activities in and away from the ring.

An investigation by El Mister shows that Canelo is involved in several ventures, from convenience stores to taquerias, and even trading companies.

What are Canelo Alvarez's business ventures?

He currently owns eight companies.

Real estate. He earns close to 20 million dollars a year from real estate ventures.

Canelo Shows

Together with Edison Omar Reynoso Sandoval and Jose Reynoso Garcia, he promotes, hires and manages artistic, sporting and musical events, as well as advises on advertising.

Canelo Promotions

After splitting from Oscar de la Hoya's Golden Boy Promotions, Alvarez set up his own company to pursue his passion for boxing.

SSA Capitals and more

He organises and participates in generating capital for commercial companies, associations, financial, credit or stock market institutions, along with services in Mexico and internationally.

Canelo Store

The company opened up a physical store in New York, which sells clothing and accessories the champion uses in and out of the ring.

Upper

This brand sells batteries, adapters, USB cables, headphones, batteries and mobile phones. They will also offer animal, vegetable and frozen food products, as well as electronic cigarettes and alcoholic beverages. Upper Energy will fall under this umbrella.

CA

This branch of the business will deal with waste recycling, air purification and water treatment.

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