Antonio Margarito Net Worth – How Much is Antonio Margarito Worth?

Antonio Margarito, a Mexican-American retired professional boxer, has made quite a name for himself in the boxing world. With an illustrious career spanning over two decades, Margarito has accumulated substantial wealth through his boxing earnings and endorsement deals. So, what is Antonio Margarito’s net worth?

As of now, Antonio Margarito has an estimated net worth of $15 million. This impressive fortune is a testament to his success in the ring and his ability to captivate audiences worldwide. Margarito competed for several boxing organizations, including the WBO, IBF, and WBA, and held multiple welterweight world championships throughout his career.

Antonio Margarito’s net worth is a result of his remarkable boxing earnings. He has participated in numerous high-profile bouts, including world title fights and pay-per-view events, which have significantly contributed to his financial status. Additionally, Margarito has secured lucrative endorsement deals, further boosting his wealth.

Key Takeaways:

• Antonio Margarito, a retired professional boxer, has a net worth of $15 million.
• His wealth primarily comes from his boxing earnings and endorsement deals.
• Margarito competed for various boxing organizations and held multiple welterweight world championships.
• He has participated in high-profile bouts, including world title fights and pay-per-view events.
• Antonio Margarito’s net worth is a testament to his success in the ring and his ability to captivate audiences worldwide.

Early Life and Start of Professional Career

Antonio Margarito, born on March 18, 1978, in Torrance, California, is a Mexican-American retired professional boxer. At a young age, Margarito moved to Tijuana, Mexico, where his boxing journey began alongside his brother.

In his early years, Margarito had a promising amateur career, showcasing his natural talent and determination. However, his ambition led him to turn professional at the age of 15, eager to take on bigger challenges and achieve success in the world of boxing.

Antonio Margarito made his professional debut in a match against Jose Trujillo, marking the beginning of an illustrious career. It was in this exciting encounter that Margarito displayed his potential, impressing fans and critics alike with his skills and passion for the sport.

Throughout his early years in the professional boxing scene, Margarito experienced a series of victories that solidified his reputation as a rising star. Notably, he recorded his first knockout against Victor Angulo, further establishing his presence as a force to be reckoned with in the ring.

“Boxing has always been my true passion. I knew from an early age that this was what I wanted to dedicate my life to. The journey towards becoming a professional boxer was not an easy one, but my determination and relentless pursuit of greatness pushed me forward. I was driven by the love for the sport and the desire to leave a lasting legacy.”

In the early stages of his career, Margarito found success against formidable opponents, including Sergio Martínez, David Kamau, and Alfred Ankamah. These victories exemplified Margarito’s early triumphs and foreshadowed his potential to become a world-class boxer.

Antonio Margarito’s early success as a professional boxer laid the foundation for the remarkable career that awaited him. His dedication, skill, and determination propelled him to overcome challenges and ultimately achieve greatness in the ring.

WBO Welterweight Title

In 2001, Antonio Margarito had the opportunity to compete for the WBO welterweight title against Daniel Santos. The highly anticipated bout, however, faced several challenges as it was marred by head clashes, leading to the fight being stopped and declared a no-contest. Undeterred, Margarito persevered and seized another chance at the vacant title against Antonio Díaz.

With determination coursing through his veins, Margarito showcased his immense skill and ferocious power. In a thrilling display of boxing prowess, he defeated Díaz by knockout, claiming his first world title as the WBO welterweight champion.

As the welterweight champion, Margarito embraced the challenges of defending his title. He successfully navigated through a series of formidable opponents, solidifying his reign as the welterweight champion. Among those fighters were Danny Perez Ramírez, Andrew Lewis, and Hercules Kyvelos.

The triumph in capturing his first world title marked a significant milestone in Margarito’s career, propelling him towards greater achievements in the world of professional boxing.

Notable Fights:

• Antonio Margarito vs. Daniel Santos
• Antonio Margarito vs. Antonio Díaz

These fights exemplify Margarito’s resilience and unwavering determination to ascend to the pinnacle of the welterweight division, securing his place among the boxing elite.

WBO Light Middleweight Challenge

In 2003, Antonio Margarito made a bold move to the light middleweight division, showcasing his versatility as a boxer. His first fight in this weight class was against Maurice Brantley, and it left a lasting impression. Margarito displayed his power and skill, securing a victory by knockout.

However, it was the showdown with his former rival, Daniel Santos, that truly tested Margarito’s mettle. The bout was for the WBO light middleweight title, and Margarito had his sights set on redemption. The fight was fiercely contested, with both fighters giving it their all. In the end, the decision went in favor of Santos, leaving Margarito hungry for a rematch.

Margarito’s Light Middleweight Journey

Margarito’s move to the light middleweight division was a strategic decision that allowed him to challenge himself and face new opponents. It was a testament to his confidence and determination to conquer new heights in his boxing career. While the loss to Santos was a setback, Margarito’s tenacity remained unbroken, and he was determined to prove himself once again.

“Moving up to the light middleweight division was a natural progression for me. I wanted to push my limits and take on new challenges. The fight against Daniel Santos was a learning experience, and I knew that a rematch was necessary to settle the score.” – Antonio Margarito

No matter the outcome, Margarito’s move to the light middleweight division solidified his status as a fearless competitor. He showed the world that he was willing to step out of his comfort zone to pursue greatness.

IBF and WBA Welterweight Titles

After his victory against Daniel Santos for the WBO welterweight title, Antonio Margarito had his sights set on more championship success. In 2008, he faced Kermit Cintron for the IBF welterweight title and delivered an impressive knockout in the sixth round, claiming the belt and solidifying his position as a top contender in the division.

However, Margarito’s reign as the IBF champion was short-lived. He was then ordered to defend his title against Joshua Clottey, but instead of accepting the challenge, Margarito made the decision to vacate the belt.

Margarito’s most memorable title bout came against WBA welterweight champion Miguel Cotto. In a thrilling match that went the distance, Margarito showcased his determination and resilience. Despite facing significant adversity, he mounted a remarkable comeback and ultimately secured a technical knockout victory in the 11th round, much to the amazement of boxing fans around the world.

Unfortunately, Margarito’s reign as the WBA welterweight champion was short-lived as well. In his next title defense, he faced a formidable opponent in Shane Mosley. Despite a valiant effort, Margarito was unable to retain his title and suffered a defeat against Mosley.

Antonio Margarito’s bouts for the IBF and WBA welterweight titles showcased his incredible skill, determination, and ability to overcome adversity. These fights solidified his status as one of the top fighters in the welterweight division during his time.

WBC Light Middleweight Challenge and Further Career

After a brief hiatus from boxing, Antonio Margarito made his comeback in 2010 with a much-anticipated fight against Roberto García for the vacant WBC light middleweight title. The match proved to be a thrilling contest, with Margarito showcasing his skills and determination. With a stellar performance, Margarito emerged as the victor, winning the title by unanimous decision.

Margarito’s comeback fueled the excitement in the boxing world, and fans eagerly anticipated his next fights. In a highly anticipated bout, Margarito faced Manny Pacquiao for the WBC light middleweight championship. The fight garnered immense attention, with both fighters bringing their A-game to the ring. Despite Margarito’s valiant effort, Pacquiao ultimately secured the victory by unanimous decision, showcasing his remarkable boxing prowess.

The next significant event in Margarito’s career was a rematch with Miguel Cotto, a highly respected and skilled opponent. The rematch between the two fighters was filled with anticipation and excitement. However, tragedy struck during the match as Margarito suffered a severe injury, resulting in a doctor stoppage due to a swollen eye. Although the fight ended in disappointment for Margarito, his resilience and determination were evident throughout the match.

Following the bout, Margarito announced his retirement from professional boxing. His retirement marked the end of a storied career, filled with thrilling fights and extraordinary achievements. Margarito’s comeback fights, including his bouts against Roberto García, Manny Pacquiao, and Miguel Cotto, showcased his unwavering passion for the sport and his desire to compete at the highest level.

Illegal Hand Wrap Scandal

Prior to his fight against Shane Mosley in 2009, Antonio Margarito’s hand wraps became at the center of a controversial scandal. During a routine inspection, it was discovered that Margarito’s hand wraps contained illegal substances, specifically calcium sulfate. This revelation sent shockwaves throughout the boxing community and raised questions about the integrity of his previous victory over Miguel Cotto.

The discovery of the illegal hand wraps led to an immediate suspension for Margarito and his trainer. Both had their licenses suspended, effectively barring them from competing in the United States. The scandal tarnished Margarito’s reputation and cast doubt on the authenticity of his achievements inside the ring.

“The illegal hand wrap scandal involving Antonio Margarito was a dark moment in boxing history. It serves as a reminder of the importance of fair play and maintaining the integrity of the sport.” – Boxing Analyst

The suspension imposed on Margarito following the illegal hand wrap scandal had a significant impact on his boxing career. It interrupted his momentum and prevented him from participating in high-profile matches. Additionally, it called into question the legitimacy of past fights, raising doubts about the fairness of his victories. Margarito’s reputation took a hit, and he faced both public backlash and a loss of trust from fans and fellow boxers alike.

The illegal hand wrap scandal serves as a cautionary tale for the boxing world, highlighting the importance of proper regulation and ensuring a level playing field for all competitors. It also underscores the repercussions that can arise from attempts to gain an unfair advantage in a sport built on honor, skill, and integrity.

Personal Life

Antonio Margarito has had his fair share of romantic relationships throughout his life.

• In 1999, Margarito tied the knot with his high school sweetheart, Michelle. However, their marriage eventually ended in divorce.
• After his divorce, Margarito found love again and exchanged vows with Lorena. The couple currently resides in Los Angeles, California.

Margarito values his privacy and prefers to keep details about his personal life out of the public eye.

Image: Antonio Margarito and Lorena

Antonio Margarito’s Net Worth

Antonio Margarito, the retired Mexican-American professional boxer, has amassed a net worth of $15 million throughout his career. This substantial fortune primarily stems from his numerous boxing victories and the lucrative earnings that accompanied them. Margarito’s success in securing world title bouts, participation in highly anticipated pay-per-view events, and endorsement deals have played a significant role in solidifying his financial status.

As one of the most accomplished boxers in his weight class, Margarito’s net worth reflects both his skill in the ring and his appeal to fans and sponsors alike. Let us take a closer look at how he built his fortune.

Earnings from Boxing

Margarito’s boxing career rewarded him with substantial earnings throughout his time in the ring. With each fight, his popularity grew, resulting in larger purses for his appearances. As he progressed in his career, Margarito’s earnings reached new heights, with world title bouts commanding sizeable sums. His ability to draw crowds and deliver exciting performances allowed him to negotiate and secure lucrative contracts, contributing significantly to his overall net worth.

Pay-Per-View Events

Margarito’s involvement in high-profile pay-per-view events further augmented his earnings. These eagerly anticipated fights attracted a wide audience, generating substantial revenue from pay-per-view buys. Margarito’s loyal fan base demonstrated their support by purchasing these events, often leading to considerable financial gains for the boxer.

Endorsement Deals

Alongside his boxing career, Margarito had endorsement deals that added another stream of revenue to his wealth. These partnerships with various brands allowed him to capitalize on his popularity and extend his financial gains beyond the boxing ring. Endorsement deals with companies seeking to align themselves with the credibility and success associated with a renowned athlete like Margarito provided him with additional income.

“My boxing career has been immensely rewarding, both professionally and financially. I am grateful for the support of my fans and the opportunities that arose throughout my journey.”– Antonio Margarito

Antonio Margarito’s net worth of $15 million bears testimony to his success and achievements in the boxing world. From his earnings in the ring to his participation in notable pay-per-view events and endorsement deals, Margarito’s financial status underscores his standing as a formidable boxer and a shrewd businessman.

Retirement and Comeback

After his rematch with Miguel Cotto in 2011, Antonio Margarito announced his retirement from boxing. However, his love for the sport and his burning desire to compete led him to make a brief comeback.

In 2016, Margarito stepped back into the ring and proved that he still had what it takes to win. He faced off against opponents in Mexico and emerged victorious in two bouts, showcasing his determination and resilience.

His comeback didn’t stop there. In 2017, Margarito took on Carson Jones and secured another impressive victory. These comeback fights demonstrated Margarito’s unyielding passion for boxing and his refusal to let age or challenges deter him.

Margarito’s return to the ring not only enthralled boxing fans but also inspired others. His tenacity and unwavering spirit serve as a reminder that determination knows no limits, and dreams can be pursued at any age.

Conclusion

Antonio Margarito’s career in professional boxing has been marked by numerous achievements and a relentless pursuit of success. Throughout his career, Margarito displayed his exceptional skill and determination, winning multiple world championships and facing formidable opponents in the ring.

However, his legacy has also been tainted by the infamous illegal hand wrap scandal, which cast a shadow over his accomplishments. Despite the controversy, Margarito’s talent and tenacity cannot be denied, and he remains a respected figure in the boxing community.

Retired from the sport, Margarito has left a lasting impact on the world of boxing. His net worth serves as a testament to his financial success, while his numerous boxing achievements highlight his skill and dedication. Antonio Margarito’s career has solidified his place among the greats in the history of boxing.