Ryan Garcia is one of the famous boxers in the world who has amassed huge wealth throughout his career. He is known for his top-notch victories in Boxing tournaments.
You might be surprised by his wealth and earning reports. Let’s check out his net worth and financial data as per the very latest reports.
Ryan Garcia Net Worth
Ryan Garcia estimated net worth is $11 million as of 2023. Earlier in 2021, Garcia’s wealth was around $10 million as per various reports. But his latest income and earnings have helped his net worth to grow more.
Garcia has won this huge amount through various sources. In fact, there was a huge jump in his wealth after he signed a mega-deal with Golden Boy Promotions.
Further, reports claim that Oscar De la Hoya plans on preparing a monstrous $700 million deal for the super-star. Like these deals, he has signed various endorsement deals with highly-rated brands.
If we talk about Ryan Gracia’s annual salary, it would be around $2 million after combining his all earnings from different sources. Although, this is not fixed and can be sometimes more and sometimes less.
|Ryan Garcia Net Worth & Earning Reports|
|Net Worth (2023)||$11 Million|
|Net Worth (2022)||$10 Million|
|Salary (Yearly)||$2 Million|
|Earning Source||Boxing & Endorsements|
Ryan Garcia Earning Sources
There are many ways that Ryan Garcia can earn income. One of the most common sources of income is fighting in the ring. In his short career, Garcia has already earned over $3 million in prize money.
However, Garcia also has a number of endorsement deals. He has a deal with Nike and he also has a deal with Monster Energy.
These deals give Garcia a steady stream of income that he can rely on even when he is not fighting. Finally, Garcia also has a number of investments that bring in additional revenue.
He has invested in a number of businesses, including a clothing company and a restaurant. All of these sources of income have allowed Garcia to become a millionaire at a young age.
Who is Ryan Garcia?
Ryan Garcia is a renowned professional American Boxer who has 21 professional victories, including 18 by knockouts and 3 by decisions.
From early 2021 to May, he has held the WBC interim lightweight title.
Further, Garcia is ranked as the world’s fifth-best active lightweight as of October 2021. By the Ring magazine. Besides this, he is ranked fifth by ESPN and seventh by BoxRec.
Garcia won his first professional title on 9 June 2016 defeating the star player Edgar Meza. In 2021, he claimed the title after defeating Luke Campbell on 2 January.
Let’s have a look at his amazing journey that led him to the peak.
Early Life of Ryan Garcia
Ryan Garcia was born on 8 August 1988 in Los Alamitos, California, U.S. His father, Henry Garcia wanted to become a boxer but failed to complete his dream and finished up becoming a trainer. And, his mother’s name is Lisa Garcia.
Garcia has eight siblings, including four brothers and four sisters. One of his brothers, Sean is a famous boxer.
Garcia had shown keep interested in the boxing field since his early days. In fact, he started boxing when he was just at the age of seven.
One of the most beneficial things for him was that his parents were too supportive in his boxing career. Even they always encouraged him to pursue his dream with full energy.
Garcia has been seen claiming great titles on his name. He is a 15-time national amateur champion with a great winning record of 215-15.
Ryan Garcia Professional Career
At the conclusion of his amateur career, Garcia made the transition to professional competition on June 9, 2016. In his official debut, he defeated Edgar Meza in Tijuana by TKO.
Garcia signed with Golden Boy Promotions in November 2016 shortly after turning pro.
On December 17, 2016, at the Smith-Hopkins light-heavyweight main event at The Forum, Oscar De La Hoya revealed that Garcia would make his professional debut.
In the second round, Garcia won the bout by knockout.
In September 2019, Garcia inked a new five-year contract with Golden Boy Promotions. The multi-year agreement was not announced.
Rising Up the Ranks
At the conclusion of the press conference, Golden Boy announced that Garcia’s next fight would be a co-main event bout for the Canelo Alvarez vs. Sergey Kovalev match at the MGM Grand Garden Arena.
On September 18, 2019, Romero Duno was named as Garcia’s next opponent. With a first-round knockout, Garcia won the WBC Silver lightweight title from Duno.
On February 14, 2020, Golden Boy announced that Garcia would face Francisco Fonseca at the Honda Center in Anaheim on January 2. Fonseca was knocked out in the first round by a left hook from Garcia.
Garcia vs Campbell
On October 8, Garcia was announced as the mandatory challenger for Olympic gold medalist Luke Campbell’s WBC lightweight title at Fantasy Springs Resort, Indio, California.
The bout was initially scheduled for December 5, 2020, but was postponed to January 2, 2021, owing to Campbell’s illness.
The venue will now be the American Airlines Center in Dallas, Texas due to Campbell contracting Coronavirus.
In his fight with Campbell, Garcia had suffered his first professional knockout in round 2. After being knocked down, he gets up quickly.
Later in the bout, Garcia landed a body shot that ended the bout for Luke Campbell in round 7.
CompuBox data reveal that Garcia out-landed Campbell in total punches (94 to 74, or 32%) and power punches (77 to 51, or 44%), whereas Campbell outlined Garcia in jabs (23 to 17, or 15%). It was actually Campbell’s final fight before retirement.
Also Read: Morgan Wallen Net Worth 2023
Canceled Bouts vs Fortuna and Diaz
On April 13, 2021, it was announced by DAZN that Garcia would challenge for his WBC interim lightweight championship against Javier Fortuna, a Dominican former WBA (Regular) super featherweight champion.
On July 9, the winner of this bout would become the mandatory challenger to WBC lightweight champion Devin Haney.
On the other hand, on April 24, Garcia said he had dropped out of the fight to “maintain his health and well-being.”
The IBF super featherweight champion Joseph Diaz agreed to move up a division to challenge Fortuna for the vacant WBC interim lightweight title on July 9, replacing Garcia.
The newly won WBC interim lightweight champion belt was taken away from Garcia, and the title was on the line for Diaz and Fortuna instead.
On October 8, 2021, it was announced that Garcia would meet Joseph Diaz in Los Angeles on November 27 for his WBC interim lightweight title, following Díaz’s win over Fortuna.
The same belt had been held by Garcia after he beat Campbell and was subsequently stripped of in 2021.
On October 15, 2021, ESPN’s Mike Coppinger stated that García had a hand injury and the bout with Diaz would be rescheduled.
It was announced on February 4, 2023, that Garcia would be returning to the ring after a lengthy absence against former IBO lightweight champion Emmanuel Tagoe in April of that year.
I hope you enjoyed reading the net worth and earning reports of Ryan Garcia. Let us know your experience with this article by sharing your feedback with us.
Also Read: Cynthia Rowley Net Worth 2023