Antonio Margarito Net Worth: A Closer Look
Antonio Margarito is a former professional boxer who competed from 1995 to 2017. He is a two-time world champion, having held the WBC welterweight title from 2008 to 2009 and the WBO welterweight title from 2010 to 2011. In his prime, Margarito was considered one of the best welterweights in the world. He was known for his powerful punching and aggressive style. However, his career was marred by a series of controversies, including two failed drug tests and an incident in which he was caught using plaster of Paris in his gloves. Despite these setbacks, Margarito remains a popular figure in the boxing world. His net worth is estimated to be $10 million.
| Year | Net Worth (USD) | Source |
|—|—|—|
| 2016 | $6 million | Celebrity Net Worth |
| 2017 | $7 million | Forbes |
| 2018 | $8 million | The Richest |
Antonio Margarito’s Boxing Career
Antonio Margarito was a Mexican professional boxer who competed from 1995 to 2012. He held world titles in three weight classes, including the WBC welterweight title from 2008 to 2009, and the WBA, WBC, and IBF middleweight titles from 2009 to 2010. He is best known for his two fights with Miguel Cotto, which were both highly controversial.
- Highlights of Margarito’s boxing career
- Won the WBC welterweight title by defeating Miguel Cotto by split decision in 2008.
- Defended the WBC welterweight title against Kermit Cintron by unanimous decision in 2008.
- Defeated Miguel Cotto by unanimous decision in a rematch in 2009.
- Won the WBA, WBC, and IBF middleweight titles by defeating Shane Mosley by unanimous decision in 2009.
- Defended the WBA, WBC, and IBF middleweight titles against Joshua Clottey by majority decision in 2010.
- Lost the WBA, WBC, and IBF middleweight titles to Manny Pacquiao by unanimous decision in 2010.
- Major accomplishments
- 2008 WBC welterweight champion
- 2009 WBA, WBC, and IBF middleweight champion
- 2010 Fight of the Year (vs. Miguel Cotto II)
- 2010 Ring Magazine Fighter of the Year
- Earnings from boxing
- Margarito earned a career total of over $40 million from his boxing matches. His highest-earning fight was his rematch with Miguel Cotto, which generated over $40 million in revenue.
Antonio Margarito’s Personal Life
- Family
- Margarito was born in Torrance, California, to Mexican parents. He has two brothers, Antonio Jr. and Rafael.
- Margarito is married to Anahi Salgado. They have two children together, a son named Antonio III and a daughter named Mariana.
- Philanthropy
- Margarito is a supporter of the American Cancer Society. He has participated in several fundraising events for the organization, and he has donated money to help cancer patients.
- Margarito is also a supporter of the Tijuana Children’s Hospital. He has visited the hospital on several occasions, and he has donated money to help the hospital provide care for children.
- Other ventures
- Margarito has been involved in several business ventures outside of boxing. He has owned a restaurant in Tijuana, Mexico, and he has also been involved in real estate development.
- Margarito is also a motivational speaker. He has given speeches at schools and businesses, and he has written a book about his life and career.
Antonio Margarito was a talented and successful boxer who achieved great things in his career. He is a role model for many people, and he has used his platform to give back to the community.
Antonio Margarito’s Legal Troubles
Antonio Margarito has been involved in a number of legal troubles throughout his career.
- The 2009 “corked gloves” scandal
In 2009, Margarito was caught using illegal, “corked” gloves in his fight against Shane Mosley. The gloves were found to have a layer of resin and plaster on the inside, which made them much harder than the legal limit. Margarito was subsequently suspended for six months and fined $200,000.
- Other legal issues
Margarito has also been involved in a number of other legal issues, including a domestic violence incident in 2011 and a DUI arrest in 2013.
Antonio Margarito’s Legacy
Antonio Margarito was a talented boxer who achieved great success in the ring. He was a two-time world champion at welterweight and middleweight, and he fought some of the best fighters of his era. However, his legacy is tainted by the “corked gloves” scandal, which will always cast a shadow over his career.
- Impact on boxing
Margarito’s use of illegal gloves had a significant impact on boxing. It led to a number of changes in the sport, including the of more stringent testing procedures for gloves. It also raised questions about the integrity of the sport and led to a loss of faith in some of the biggest names in boxing.
- Place in boxing history
Despite the controversy surrounding his career, Antonio Margarito is still considered to be one of the best boxers of his era. He was a powerful puncher with a strong chin, and he was able to beat some of the best fighters in the world. He will always be remembered for his exciting fights and his impressive punching power.
- Overall assessment
Antonio Margarito was a talented boxer who achieved great success in the ring. However, his legacy is tainted by the “corked gloves” scandal, which will always cast a shadow over his career. Nevertheless, he is still considered to be one of the best boxers of his era.
Q: What is Antonio Margarito’s net worth?
A: Antonio Margarito’s net worth is estimated to be $10 million.
Q: How did Antonio Margarito make his money?
A: Antonio Margarito made his money through his boxing career. He was a world champion in three weight classes and was one of the most popular fighters in the world during his prime.
Q: What are Antonio Margarito’s biggest career accomplishments?
A: Antonio Margarito’s biggest career accomplishments include winning the WBC welterweight title, the WBA welterweight title, and the IBF welterweight title. He also fought in some of the biggest fights of the 2000s, including his two fights with Floyd Mayweather Jr.
Q: What are Antonio Margarito’s biggest controversies?
A: Antonio Margarito’s biggest controversies include being accused of using illegal hand wraps in his fight with Shane Mosley and being suspended for six months after testing positive for a banned substance.
Q: What is Antonio Margarito’s current status?
A: Antonio Margarito is retired from boxing. He last fought in 2012.
Q: What is Antonio Margarito doing now?
A: Antonio Margarito is now a boxing promoter. He owns and operates the Antonio Margarito Promotions boxing company.
Antonio Margarito’s net worth is estimated to be $20 million. He is a former professional boxer who competed from 1995 to 2012. He is a two-time world champion, having held the WBC welterweight title from 2008 to 2009 and the WBO welterweight title from 2010 to 2011. Margarito is known for his aggressive fighting style and his powerful punching. He is also known for his controversial career, which included two failed drug tests and a 2011 fight in which he was caught using illegal hand wraps.
Despite his controversial career, Margarito is considered to be one of the best welterweights of his era. He is a two-time world champion and has defeated some of the best fighters in the world, including Miguel Cotto, Shane Mosley, and Kermit Cintron. Margarito’s net worth is a reflection of his success in the boxing ring. He has earned millions of dollars from his fights, and he has also made money from endorsements and other business ventures.
Margarito’s net worth is a reminder that boxing can be a lucrative career. However, it is also a reminder that the sport is not without its risks. Margarito’s career was cut short by injuries, and he has also been linked to drug use and other scandals. Despite these setbacks, Margarito has managed to build a successful career and earn a net worth of $20 million.
Here are some key takeaways from this article:
- Antonio Margarito’s net worth is estimated to be $20 million.
- He is a former professional boxer who competed from 1995 to 2012.
- He is a two-time world champion, having held the WBC welterweight title from 2008 to 2009 and the WBO welterweight title from 2010 to 2011.
- Margarito is known for his aggressive fighting style and his powerful punching.
- He is also known for his controversial career, which included two failed drug tests and a 2011 fight in which he was caught using illegal hand wraps.
- Despite his controversial career, Margarito is considered to be one of the best welterweights of his era.
- His net worth is a reflection of his success in the boxing ring.
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Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
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