Oscar De La Hoya Net Worth: $200 Million
What Is Oscar De La Hoya's Net Worth?
Oscar De La Hoya, a retired American professional boxer of Mexican heritage, boasts a net worth of $200 million.
Known as "The Golden Boy," he has made a significant impact on the boxing world with his outstanding career. De La Hoya became a worldwide boxing sensation, winning 11 world titles across six different weight classes, from super featherweight to middleweight. His impressive skills, speed, and power in the ring were matched by his charm and marketability outside of it, establishing him as one of the most beloved boxers of his time.
His amateur career was marked by a gold medal victory at the Barcelona Olympic Games, paving the way for his professional debut in 1992.
Throughout the 1990s and early 2000s, he participated in some of the most iconic and financially successful matches in boxing history, going up against legends like Julio César Chávez, Pernell Whitaker, and Floyd Mayweather Jr. De La Hoya's bouts collectively earned an astounding $700 million in pay-per-view revenue. After hanging up his gloves, Oscar successfully transitioned into boxing promotion with his company, Golden Boy Promotions.
Early Life
Born on February 4, 1973, in East Los Angeles, California, Oscar De La Hoya is among the few non-heavyweights to achieve pop culture fame. Coming from a boxing family, he clinched the national Junior Olympics title at just 15 years old. Tragically, his mother, Cecilia Gonzales De La Hoya, was battling terminal breast cancer and passed away before witnessing her son’s Olympic triumph. Shortly after graduating from James A. Garfield High School, De La Hoya proudly brought home a gold medal from the Summer 1992 Barcelona Olympic Games.
Career
Known as "The Golden Boy," Oscar De La Hoya had an impressive amateur career, racking up 234 wins, with 163 of those by knockout, and only six losses. He made his professional debut in December 1992, achieving a first-round knockout victory. His first year as a pro was incredibly successful. On March 5, 1994, he captured his first professional title, the junior lightweight championship of the World Boxing Organization (WBO), by knocking out Jimmi Bredahl in the tenth round. Just four months later, he secured the WBO lightweight title with a knockout of Jorge Paez. By February 1995, he had added the International Boxing Federation (IBF) junior lightweight championship to his accolades after defeating John Molina, bringing his record to an impressive 18-0. In June 1996, De La Hoya faced a significant challenge against the well-known Mexican fighter Julio Cesar Chavez.
He dominated the match, silencing any doubts about his performance. The following year, he successfully defended his junior welterweight title. In April 1997, he triumphed over Olympic Gold Medalist Pernell 'Sweet Pea' Whittaker, solidifying his status as the top pound-for-pound fighter in the world. Oscar held the welterweight championship until September 1999, when he faced Felix Trinidad in a highly publicized bout. Trinidad handed De La Hoya his first loss. After another defeat in 2000 to Sugar Shane Mosley, Oscar took a break from boxing.
He made a successful comeback in March 2001, defeating Arturo Gatti in the fifth round of his first fight in a year. At just 28, he became the youngest boxer to win five world titles. However, after a gradual decline in his career, De La Hoya's final fight was a loss to rising star Manny Pacquiao in 2008, marking the end of his boxing journey. He officially announced his retirement on April 14, 2009, putting to rest any speculation about a potential match with undefeated light middleweight Julio César Chávez.
Oscar De La Hoya had an impressive 17-year career in boxing from 1992 to 2009, during which he captured 11 world titles across six weight classes. He triumphed over 17 world champions and became a significant financial draw for the sport, largely due to his prominence as a leading fighter on HBO. Even today, De La Hoya is celebrated as one of the standout boxers of his time.
Other Ventures
De La Hoya's charm and good looks helped him branch out into various business endeavors. He launched a Spanish-language boxing program on HBO called "Boxeo de Oro," created a clothing line, and engaged in multiple merchandising partnerships, including collaborations with PS3, Xbox 360, and PSP. He also ventured into music, releasing a bilingual Latin album titled "Oscar," which earned him a Grammy nomination. In 2006, he published a children's picture book called "Super Oscar," which received rave reviews.
His autobiography, "American Son: My Story," was published by HarperCollins in June 2008. Transitioning from athlete to promoter, De La Hoya became the President of Golden Boy Promotions, a firm based in Los Angeles that promotes boxing and mixed martial arts events. Additionally, he founded Golden Boy Partners, focusing on retail and residential projects in urban Latino neighborhoods. He even hinted at a potential presidential run against Donald Trump in the 2020 election.
Philanthropy
In honor of their mother, De La Hoya and his siblings established the Cecilia Gonzalez De La Hoya Cancer Center at the White Memorial Medical Center, contributing $350,000 to its creation. He also initiated a charity aimed at providing educational opportunities for underprivileged youth, donating $3.5 million to the De La Hoya Animo Charter High School in 2008. Personal Life Oscar began a relationship with Shanna Moakler, Miss USA 1995, in 1997. They got engaged in 1998 and welcomed their daughter, Atiana de la Hoya, in 1999. However, their relationship reportedly ended in 2000 after Shanna saw Oscar attending the Latin Grammy Awards with another woman.
In December 2000, Shanna initiated a palimony lawsuit for $62.5 million, alleging that he was both abusive and struggled with alcoholism. By 2001, they reached a settlement outside of court. In October 2001, De La Hoya tied the knot with singer Millie Corretjer, and together they welcomed three children. However, the couple separated in 2016. Additionally, he has two children from previous relationships.
Recently, Oscar has been in a relationship with Holly Saunders, who is 15 years younger than him.
Real Estate
In October 1997, Oscar purchased a Los Angeles home for $3.35 million, which he sold in 2002 for $3.75 million. In November 2001, he acquired an 11,500-square-foot mansion in Pasadena, California, for $5.2 million. It seems he still owns this property, which is now valued at approximately $18 million. In mid-2022, Oscar bought an unfinished house in Henderson, Nevada, for $14.6 million. He invested millions to complete and customize it into a 9,000-square-foot mansion, including around $500,000 to transform a planned second garage into a man cave featuring a golf simulator and arcade.
Controversies
In December 2001, actress and former Miss USA Shanna Moakler filed a $62.5 million palimony lawsuit to secure support from De La Hoya for their daughter, Antiana, born in 1999. Their relationship ended suddenly the previous year when Moakler discovered De La Hoya with another woman at the Latin Grammy Awards while she was watching from home. The case was settled out of court for an undisclosed sum.
In 1998, De La Hoya faced allegations of sexual assault involving a 15-year-old in Cabo San Lucas, Mexico. Although Mexican authorities conducted an investigation, no charges were brought against him, and the matter was settled out of court in 2001. In 2017, De La Hoya was arrested for DUI in Pasadena. He pleaded not guilty, and the charges were ultimately dismissed in 2018. He has openly admitted to having a substance abuse issue and sought treatment at the Betty Ford Center, primarily for alcohol and cocaine addiction.
Recent
Oscar De La Hoya is open to acknowledging a mistake regarding Donald Trump. Unlike rival promoter Don King, who was a staunch supporter, De La Hoya never fully backed Trump.
On the other hand, he also doesn't harbor the same animosity towards the president-elect as promoter Bob Arum, who still holds a grudge from their well-known financial fallout in Atlantic City nearly 35 years ago. In 2017, De La Hoya made a misstep with an advertisement featuring Mexico's Saul 'Canelo' Alvarez and Julio Cesar Chavez Jr. running through Trump's proposed border wall, coinciding with a time when the 45th President faced significant backlash over immigration issues.
De La Hoya recently admitted that while the ad attracted attention, he now believes it was not the best choice. "I kind of regret it in a way." "At that time, I had a political figure in my circle who kind of pushed me to do it."
Nowadays, De La Hoya isn't focused on criticizing Trump; instead, he supports whoever is in charge: "Whether it was going to be Kamala [Harris], Trump, or anyone else, I just want America to succeed. That's all that matters." Additionally, he and Trump have a common ally in the Saudi government, which has become increasingly influential in boxing due to the investments from royal court advisor Turki Alalshikh, whom De La Hoya and many others refer to as "His Excellency."
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