Oscar De La Hoya, born on February 4, 1973, is an American boxing promoter and former professional boxer who competed from 1992 to 2008. He won 11 world titles across six weight classes, including a gold medal in the lightweight division at the 1992 Summer Olympics.
Nicknamed “The Golden Boy of boxing,” De La Hoya generated about $700 million in pay-per-view revenue, making him a top earner in the sport. In 2002, he founded Golden Boy Promotions and has held dual American and Mexican citizenship since 2002.
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Oscar De La Hoya’s Net Worth
Oscar De La Hoya has a net worth of $200 million. In October 1997, he bought a home in Los Angeles for $3.35 million, selling it in 2002 for $3.75 million. In November 2001, he acquired an 11,500-square-foot mansion in Pasadena for $5.2 million, which is now valued at around $18 million.
In mid-2022, De La Hoya purchased an unfinished home in Henderson, Nevada, for $14.6 million and invested millions to customize the 9,000-square-foot mansion, including a $500,000 man cave with a golf simulator.
Early Life
Born in East Los Angeles, California, Oscar De La Hoya came from a boxing family; his grandfather, Vicente, was an amateur fighter in the 1940s, while his father, Joel Sr., was a professional boxer in the 1960s. His brother, Joel Jr., also pursued boxing. De La Hoya graduated from Garfield High School in East Los Angeles in 1991.
Career
At age 15, Oscar De La Hoya won the national Junior Olympics 119-pound title. He had an impressive amateur record of 234 wins (163 by knockout) and six losses, including two to Shane Mosley. In 1990, he won the U.S. National Championship at featherweight and a gold medal at the Goodwill Games.
The joy of his achievements was overshadowed by the terminal illness of his mother, Cecilia, who died in 1990. De La Hoya fulfilled her dream by winning a gold medal at the 1992 Summer Olympics, earning the nickname “The Golden Boy.”
Personal life
Oscar De La Hoya began dating actress and Miss USA Shanna Moakler in October 1997, and they got engaged a year later. They welcomed a daughter in 1999, but their relationship ended in September 2000 when Moakler saw him with another woman at the Latin Grammy Awards.
She filed a $62.5 million palimony suit, claiming abuse and alcohol issues, which was settled in 2001. De La Hoya married Millie Corretjer in 2001, having three children together before separating in 2016. In 2021, he revealed he was raped at age 13.
How much money does Oscar De La Hoya make per fight?
Oscar De La Hoya earned approximately $700 million throughout his 16-year professional boxing career, according to Yahoo! Sports. He now focuses on promoting fights through his company, Golden Boy Promotions, which is known for its profitable events. Each fight organized by Golden Boy generates profits between $500,000 and $2 million, highlighting the substantial revenue potential in the boxing promotion industry.
Conclusion
Oscar De La Hoya’s journey from a young boxer in East Los Angeles to a world champion and successful entrepreneur exemplifies a remarkable story of triumph and resilience. His achievements in the ring and his financial acumen outside it make him an iconic figure in the world of sports and business.
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FAQs about Oscar De La Hoya’s Net Worth
- How did Oscar De La Hoya earn his wealth?
- Apart from his earnings as a professional boxer, De La Hoya’s wealth comes from his successful career as a boxing promoter and his business ventures.
- Is Oscar De La Hoya still involved in boxing?
- Yes, he’s involved as a promoter through his company, Golden Boy Promotions.
- What businesses does Oscar De La Hoya own?
- He owns Golden Boy Promotions, one of the most successful boxing promotion companies.
- Has Oscar De La Hoya received any major endorsements?
- Over his career, he has endorsed numerous brands and been featured in various advertisements, contributing to his wealth.
- What legacy has Oscar De La Hoya left in boxing?
- De La Hoya is remembered for his skill in the ring, his sportsmanship, and his contribution to professional boxing both as a fighter and a promoter.
