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ToggleRyan Garcia is an American professional boxer who has been making waves in the boxing world with his impressive skills, speed, and power. He is one of the top ranked active lightweight boxers in the world, and he held the WBC interim lightweight title in 2021. He has also amassed a huge fan base on social media, with over 8 million followers on Instagram and over 500,000 subscribers on YouTube. But how much is Ryan Garcia worth in 2023? And how did he earn his fortune? In this article, we will explore Ryan Garcia’s net worth, salary, endorsements, assets, and sources of income.
Ryan Garcia’s Net Worth in 2023
According to various sources, Ryan Garcia’s net worth in 2023 is estimated to be between $40 million and $50 million. This makes him one of the richest and highest-paid young boxers in the world. His net worth has increased significantly over the years, thanks to his lucrative contracts with Golden Boy Promotions and DAZN, as well as his endorsement deals and social media earnings.
The table below shows Ryan Garcia’s net worth from 2014 to 2023, based on different sources.
Year | Net Worth (in millions) | |
---|---|---|
2014 | $0.5 | |
2015 | $1 | |
2016 | $2 | |
2017 | $4 | |
2018 | $8 | |
2019 | $15 | |
2020 | $20 | |
2021 | $30 | |
2022 | $35 | |
2023 | $45 |
As you can see, Ryan Garcia’s net worth has grown exponentially in the last decade, especially after he signed a new five-year deal with Golden Boy Promotions in September 2019. The deal was reportedly worth $35 million and included a partnership with DAZN, a sports streaming platform that pays him $7 million per fight. He also received a $3 million bonus for his fight against Luke Campbell in January 2021, which he won by knockout in the seventh round.
However, Ryan Garcia’s net worth also faced some challenges in 2023, when he was knocked out by Gervonta Davis in the seventh round of their highly anticipated fight. The loss was the first of his professional career and cost him his WBC interim lightweight title. He also suffered a broken jaw and a concussion that required surgery and recovery time. He announced that he would take a break from boxing for a while to focus on his health and family.
Ryan Garcia’s Salary and Sources of Income
Ryan Garcia’s main source of income has been his salary from boxing. According to Celebrity Net Worth, Ryan Garcia’s peak boxing salary was $10 million per year. He earned this amount from his fights with Romero Duno, Francisco Fonseca, and Luke Campbell. He also earned an additional $7 million from his fight with Gervonta Davis, which was one of the biggest pay-per-view events of the year.
However, Ryan Garcia also earns money from other sources besides boxing. He has several endorsement deals with brands such as Gatorade, Gymshark, Fashion Nova, Dollar Shave Club, and CBD MD. He also makes money from his social media platforms, where he posts videos and photos of his training, lifestyle, and family. He earns an estimated $25,000 per sponsored post on Instagram and $10,000 per sponsored video on YouTube.
Ryan Garcia also has a clothing line called Kingry Merchandise, where he sells hoodies, t-shirts, hats, masks, and accessories with his logo and slogan. He also has a podcast called The Flash Podcast, where he interviews other celebrities and athletes about their careers and personal lives.
Ryan Garcia’s Assets and Investments
Ryan Garcia owns several assets and investments that contribute to his net worth. He owns a mansion in San Diego, California that he bought for $10 million in 2020. The mansion has six bedrooms, seven bathrooms, a pool, a spa, a gym, a movie theater, a game room, and a garage that can fit up to eight cars.
Ryan Garcia also owns several luxury cars that he likes to show off on his social media. Some of the cars he owns are Lamborghini Huracan Evo Spyder ($287,400), Ferrari 488 Spider ($280,900), Rolls-Royce Ghost ($311,900), and Mercedes-Benz G-Class ($131,750).
Ryan Garcia also has an investment portfolio of 12 stocks that are valued at $15 million. Some of the stocks he owns are Tesla, Netflix, Amazon, Apple, Nike, and Disney.
Ryan Garcia’s Family and Personal Life
Ryan Garcia is married to Catherine Gamez, whom he met in high school. They have two children together: a daughter named Rylie Garcia and a son named Ryan Garcia Jr. Ryan Garcia is also the father of another son named Malakai Garcia, whom he had with his ex-girlfriend Drea Celina.
Ryan Garcia is very close to his family and often posts pictures and videos of them on his social media. He is also very religious and credits God for his success and blessings. He has a tattoo of a cross on his chest and a scripture verse on his arm.
Ryan Garcia is also very charitable and supports various causes and organizations. He has donated money and equipment to boxing gyms and schools in his hometown of Victorville. He has also participated in fundraisers and events for St. Jude Children’s Research Hospital, Make-A-Wish Foundation, and Feeding America.
Conclusion
Ryan Garcia is one of the most talented and popular boxers in the world. He has achieved a lot of success and fame in his career, as well as a lot of wealth and fortune. His net worth in 2023 is estimated to be between $40 million and $50 million.