As one of the most talked-about figures, Antonio Margarito has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.
What Is Antonio Margarito's Net Worth?
Antonio Margarito is a Mexican-American retired professional boxer who has a net worth of $15 million. Antonio Margarito competed for several boxing organizations between 1994 and 2017, including the WBO, IBF, and WBA. He held a number of welterweight world championships during his career, and he also challenged a few times for the light middleweight world title. In 2009, Margarito was caught using illegal hand wraps containing calcium sulfate, a revelation that called into question his famous stoppage victory over Miguel Cotto the year before.
IBF and WBA Welterweight Titles
Antonio Margarito was born Antonio Margarito Montiel on March 18, 1978, in Torrance, California. At the age of two, he moved with his family to Tijuana, Mexico, where he spent much of his time boxing with his brother. Margarito went on to have a fairly brief career as an amateur boxer, during which he amassed an 18-3 record.
WBO Light Middleweight Challenge
Margarito got his first go at the WBO welterweight title in the summer of 2001 when he went up against Daniel Santos. However, the fight was stopped in the first round after the two fighters suffered deep wounds from a head-to-head clash. As a result, Santos retained the welterweight title; he later vacated it so he could progress in weight class. Antonio thus got another chance at the welterweight title, this time against Antonio Díaz. Ultimately, he defeated Díaz via knockout to become the new WBO welterweight champion. Margarito subsequently defended the title by beating Danny Perez Ramírez, Andrew Lewis, and Hercules Kyvelos. He continued to defend his crown through 2007, when he finally lost it to the undefeatedPaul Williams.
Margarito faced his former competitor Kermit Cintron for the IBF welterweight title in 2008 and won via knockout in the sixth round. Following this, he was ordered by the IBF to fight a mandatory defense againstJoshua Clottey, the top contender in the organization. However, Margarito vacated his IBF title so he didn't have to fight Clottey. Instead, he agreed to a bout with WBA welterweight champion Miguel Cotto. The match was a highly memorable one, with Antonio punching his way back from an early deficit to claim victory via technical knockout in the 11th round. He went on to lose his WBA welterweight title to Shane Mosley in early 2009.
In late 2003, Margarito made his debut in the light middleweight division with a knockout victory over Maurice Brantley. The following year, he faced his former rival Santos for the WBO light middleweight title, ultimately losing by technical decision.
Due to financial struggles, Margarito turned professional earlier than he would have otherwise. At the age of 15, he made his debut in a match against Jose Trujillo, winning by decision. Later, in a bout against Victor Angulo, he recorded his first knockout. Antonio's first defeat came five months after that to Victor Lozoya. After posting a 4-2 record over his next six bouts, his financial situation improved, and he went on to go 28-2-1. Margarito posted wins against such competitors asSergio Martínez, David Kamau, Alfred Ankamah, and Frankie Randall during this time.
Start of Professional Career
Ultimately, Antonio Margarito's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.
