Oscar De La Hoya Net Worth
Oscar De La Hoya has an estimated net worth of $200 million. Oscar De La Hoya is a retired American boxer who is best known for winning bouts in six different weight classes, and for his popular televised fights. He earns most of his income from his career as a professional boxer and businessperson.
Oscar De La Hoya, also known as “The Golden Boy,” began boxing at a young age, winning a gold medal at the 1992 Olympics when he was 19 years old. He went on to win ten world titles across six weight classes. Before retiring in 2009, De La Hoya was one of the most popular boxers in history, earning hundreds of millions of dollars from pay-per-view fights.
To calculate the net worth of Oscar De La Hoya, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Name:||Oscar De La Hoya|
|Net Worth:||$200 Million|
|Monthly Salary:||$1 Million|
|Annual Income:||$20 Million|
|Source of Wealth:||Professional Boxer, Businessperson, Author|
Oscar De La Hoya was born on February 4, 1973, in Montebello, Los Angeles, California, to parents who had moved to the United States from Mexico before he was born. Boxing was a family tradition for De La Hoya. In the 1940s, his grandfather was an amateur fighter, and his father boxed professionally in the 1960s. De La Hoya began boxing at the age of six. Sugar Ray Leonard, an Olympic gold medalist who became a celebrity after the 1976 Summer Olympics before turning professional, was his idol.
De La Hoya won the national Junior Olympic 119-pound title at the age of 15 and the 125-pound title the following year. He won the national Golden Gloves title in the 125-pound division in 1990 and was the youngest US boxer to win a gold medal at that year’s Goodwill Games.
The joy of victory was tempered by the news that his mother was terminally ill with cancer; she died in October 1990, expressing her wish for her son to win Olympic gold one day. De La Hoya was named Boxer of the Year by USA Boxing one year later after winning the US Amateur Boxing tournament (132 pounds).
International Boxing Star
De La Hoya turned his mother’s dream into a strong focus for his training as the 1992 Summer Olympics in Barcelona, Spain, approached. After defeating Cuban boxer Julio Gonzalez in the first round, De La Hoya defeated German boxer Marco Rudolph to win gold and become the only American boxer to leave Barcelona with a medal.
De La Hoya turned professional after the 1992 Olympics, defeating Lamar Williams in the first round on November 23, 1992, in Inglewood, California. During his first year as a professional, he compiled an extremely successful record, and on March 5, 1994, he won his first professional title, the World Boxing Organization (WBO) junior lightweight championship, with a technical knockout (TKO) of Danish fighter Jimmi Bredahl in the tenth round of the fight. De La Hoya won the WBO lightweight title four months later, knocking out Jorge Paez in the second round.
After defeating John Molina, the International Boxing Federation (IBF) junior lightweight champion, in February 1995, De La Hoya knocked out Rafael Ruelas in less than five minutes to win the IBF lightweight title and improve his overall record to 18-0.
Despite De La Hoya’s status as boxing’s “Golden Boy,” some critics believed he had not faced enough quality opponents. The majority of these doubts were dispelled in June 1996, when De La Hoya faced Julio Cesar Chavez, an experienced and popular Mexican fighter and the reigning World Boxing Council (WBC) junior welterweight champion. De La Hoya had sparred with Chavez as an amateur and been knocked down, but the outcome was different this time. De La Hoya pummeled crowd favorite Chavez with blows, opening a cut above the champion’s eye before the fight was stopped in the fourth round and De La Hoya declared the winner.
De La Hoya successfully defended his junior welterweight title in January 1997. Moving up to 147 pounds, he won the WBC welterweight title in April of that year in Las Vegas, defeating reigning champion and 1984 Olympic gold medalist Pernell ‘Sweet Pea’ Whittaker, a pro champion in four weight classes. With that victory, De La Hoya cemented his reputation as the best fighter in the world pound-for-pound.
De La Hoya held the welterweight title until September 18, 1999, when he faced the hard-hitting Felix Trinidad in one of the decade’s most anticipated fights. Trinidad handed De La Hoya his first loss ever in a 12-round unanimous decision for the WBC welterweight title as a record-breaking number of fans watched the fight on pay-per-view television. A second loss to Sugar Shane Mosely in 2000 prompted De La Hoya to retire from boxing.
Outside the Ring
De La Hoya’s good looks and undeniable talent made him a fan and media favorite from the start of his career. Outside the ring, he became America’s best-known boxer, earning admiration for his charitable and community service efforts, which included establishing a nonprofit foundation and a youth boxing center in his old East Los Angeles neighborhood. On the EMI/Latin label, De La Hoya released his first album in both English and Spanish in 2000. The album, titled Oscar, topped Latin dance charts, and a single, “Ven a Mi,” was nominated for a Grammy Award.
Maturing Boxer and Retirement
De La Hoya made his comeback in March 2001, defeating Arturo Gatti in the fifth round of his first fight back. On June 23, that year, De La Hoya defeated Spain’s reigning WBC super welterweight (154-pound) champion, Javier Castillejo, in 12 rounds to win his fifth title in as many weight classes, matching his idol, Sugar Ray Leonard. He was the youngest boxer in history to win five world titles at the age of 28.
However, not everything has gone smoothly for this boxing phenomenon. In 2004, he lost a middleweight title fight to Bernard Hopkins. De La Hoya took a break from the ring to concentrate on other aspects of his life. De La Hoya has been preparing for a life outside of boxing. De La Hoya, who was already well-known as a boxing promoter, expanded his business in 2006. He announced Golden Boy Partners, a new real estate venture that will build retail, commercial, and residential developments in urban Latino communities.
On April 14, 2009, De La Hoya announced his retirement from boxing.
De La Hoya’s personal problems surfaced in December 2000, when actress and former Miss USA Shanna Moakler filed a palimony suit against the former champion to support the couple’s daughter, Atiana Cecelia.
In 2001, De Lay Hoya married singer Millie Corretjer. Oscar Gabriel, his first child, was born in December 2005 to him and his wife. Nina Lauren, the couple’s second child, was born in 2007. De La Hoya has two sons from previous marriages.
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