If you are a fan of boxing, then you must have heard about Ryan Garcia. He has made a name for himself as one of the world’s best lightweight boxers. Ryan Garcia net worth is always a burning question. Today, we will discover his net worth and the true source of it.
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Who is Ryan Garcia?
Ryan Garcia is an American professional boxer. He held the World Boxing Council interim lightweight title in 2021. As of May 2023, Garcia is ranked the world’s fourth-best active lightweight by The Ring magazine and the seventh-best by BoxRec. He is also ranked eighth-best by the Transnational Boxing Rankings Board and the sixth-best active junior welterweight by ESPN.
Short Bio of Ryan Garcia
|August 8, 1998 (age 25)
|Victorville, California, U.S.
|5’ 8” (1.74 m)
|Facebook, Instagram, Twitter
Ryan Garcia Net Worth
Ryan Garcia’s net worth is expected to be $20 million in 2024. He just got started in 2016. Garcia has just spent six years as a professional boxer and has already gathered a massive net worth.
Garcia was born in Victorville. He was raised in a big household. Garcia started boxing at 7. He attended Adelanto High School before leaving due to amateur boxing commitments. Garcia became a 15-time national amateur champion. His parents were always encouraging in his boxing activities.
Sources Behind Ryan Garcia Net Worth
Garcia turned professional at age 17. He faced Edgar Meza in his first professional fight, which he won via TKO in Tijuana. In 2016, Garcia signed a contract with Golden Boy Promotions.
In 2016, Garcia debuted in the Smith-Hopkins light-heavyweight main event. He won the fight by knockout. Garcia signed a new 5-year contract extension with Golden Boy Promotions in September 2019.
Garcia defeated Miguel Carrizoza to win the NABF Junior super featherweight title in September 2017. He then won the vacant NABC and WBO-NABO super featherweight titles by beating Jayson Velez in May 2018.
In March 2019, Garcia defeated Jose Lopez by TKO. He challenged Romero Duno for the WBO NABO Lightweight Title in November 2019. In February 2020, Garcia knocked out Francisco Fonseca in the first round. He returned to the ring in February 2022 and beat former IBO lightweight champion Emmanuel Tagoe. Garcia defeated Javier Fortuna in July of 2022 via TKO in six rounds.
$700 Million Deal
In September 2019, Oscar De La Hoya announced he intended to help Garcia sign a $700 million contract. At the time, Oscar believed that Ryan could become the biggest star boxing has ever seen.
Garcia started his professional career with fight money of about $55,000. In 2019, he fought against Romero Duno. He won by knockout and took home $250,000. Garcia’s total prize earnings increased to about $500,000. In 2020, Garcia’s fight against Luke Campbell generated a substantial live gate revenue of $353,835. He earned around $500,000.
The Emmanuel Tagoe match guaranteed him $1 million. CSAC confirmed Garcia’s minimum earnings at $2 million in his match against Javier Fortuna. In April 2023, Ryan earned $2.5 million guaranteed to fight Gervonta Davis. With ticket sales and Pay Per View, both fighters likely earned an additional $5-10 million in bonuses.
Social Media Sensation
Garcia’s popularity extends beyond the boxing ring, with a massive following on social media platforms. This online presence has strengthened his brand and attracted endorsement deals from major companies.
Ryan Garcia’s marketability is evident through lucrative endorsement deals with renowned brands. These partnerships contribute significantly to his overall net worth, showcasing the intersection of sports and commerce in his career.
Garcia’s parents assist him with his professional career. His father is one of his trainers, and his mother works as his Personal Administrative Assistant for commercial projects. In March 2019, His daughter was born. Garcia’s third kid was born in January 2024, a few hours before his wife announced their divorce.
What is Ryan Garcia’s net worth?
Ryan Garcia’s net worth is expected to be $20 million in 2024.
How much does Ryan Garcia make annually?
He makes around $2 million annually.
How much does Garcia make a month?
He makes around $1,50,000 thousand monthly.
What is Ryan Garcia’s salary?
His salary is $652,174 thousand per fight.
Ryan Garcia net worth is much larger than his career. Garcia’s net worth states that in a very short time, he had seen only success from his early beginning in the boxing world.