When we talk about boxing legends, Antonio Margarito stands out not only for his ferocious style in the ring but also for his enduring legacy. As of 2024, Antonio Margarito net worth reflects the rewards of a celebrated and sometimes controversial boxing career.
From unforgettable bouts to his reign as a world champion in multiple divisions, his financial journey is a testament to grit and determination. Let’s delve into how he built his fortune and the defining moments that shaped his career.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Antonio Margarito Montiel |
| Popular Name | El Tornado de Tijuana, Tony |
| Gender | Male |
| Birth Date | March 18, 1978 |
| Age | 46 |
| Parents | N/A |
| Siblings | One brother |
| Birthplace | Torrance, California, USA |
| Nationality | Mexican-American |
| Ethnicity | Hispanic/Latino |
| Education | N/A |
| Marital Status | Married |
| Spouse | Lorena Margarito |
| Children | N/A |
| Dating | N/A |
| Net Worth | $15 million |
| Source of Wealth | Professional Boxing |
| Height | 5 ft 11 in (180 cm) |
What is the Net Worth of Antonio Margarito in 2024?
Antonio Margarito’s net worth is estimated at $15 million as of 2024. This wealth stems from his professional boxing career, where he held titles such as the WBO, IBF, and WBA championships. Margarito’s financial success places him among notable figures in the sport, but his wealth is modest compared to global boxing legends.
While Antonio Margarito’s net worth reflects his accomplishments in the ring, athletes like Manny Pacquiao and Floyd Mayweather hold significantly higher earnings due to endorsements and larger purses. Still, Margarito remains a respected figure in the boxing community.
Related People/Teams:
- Manny Pacquiao
- Shane Mosley
- Miguel Cotto
- Kermit Cintron
- Sergio Martínez
Explore our full list of the wealthiest professional boxers to see where he stands among other notable athletes.
Antonio Margarito Wealth, Salary, and Finance Overview
Who Is He and What Is His Career Background?
Antonio Margarito, also known as El Tornado de Tijuana, is a former professional boxer renowned for his relentless fighting style. Born in Torrance, California, he started boxing at a young age after moving to Tijuana.
Turning professional at just 15, he built a reputation as a fierce welterweight competitor.
His early success in boxing was driven by financial necessity, but Margarito quickly established himself, going on to win multiple world titles and achieving a boxing record of 41-8-1.
How Did He Achieve Success in Boxing?
Margarito’s boxing career is marked by notable victories and achievements. He captured the WBO Welterweight title in 2002, holding it for five years before losing it to Paul Williams.
His 2008 victory over Miguel Cotto for the WBA title remains one of his most celebrated fights. Known for his aggressive style, Margarito threw punches relentlessly, setting a Compubox record in a bout against Joshua Clottey.
Despite these accolades, controversies like the 2009 hand-wrap scandal cast a shadow on his legacy. Nonetheless, his resilience and ability to return to the ring earned him respect among fans and peers.
What Challenges Did He Face in His Career?
Antonio Margarito’s career was not without challenges. Injuries from fights, including a fractured orbital bone after his match with Manny Pacquiao, significantly impacted his performance. Furthermore, the hand-wrap controversy during his fight with Shane Mosley resulted in a suspension and damaged his reputation.
These challenges tested Margarito’s resilience, but he returned to the ring briefly in 2016, demonstrating his commitment to the sport.
How Did Controversies Shape His Legacy?
The 2009 hand-wrap scandal was a pivotal moment for Antonio Margarito. Accused of using plaster-like materials in his hand wraps, his license was suspended. This controversy brought scrutiny to his past victories, particularly his triumph over Miguel Cotto.
Despite claiming ignorance of the hand-wrap tampering, the incident affected his legacy and limited his opportunities in the US boxing scene.
What Was His Life Like Post-Retirement?
After retiring in 2012, Antonio Margarito attempted a brief comeback in 2016, fighting two successful matches in Mexico. He resides in Los Angeles with his wife Lorena and has largely stayed out of the limelight, focusing on his personal life.
What Were His Most Memorable Fights?
Margarito’s career is highlighted by several iconic fights:
- Miguel Cotto (2008): A victory via technical knockout that cemented his status as a top welterweight.
- Manny Pacquiao (2010): A brutal loss that resulted in career-altering injuries.
- Shane Mosley (2009): A fight marred by the hand-wrap controversy.
FAQs About Antonio Margarito
What Titles Did He Win?
Antonio Margarito held the WBO, IBF, and WBA (Super) Welterweight titles during his career.
Who Were His Most Notable Opponents?
He faced legends like Manny Pacquiao, Shane Mosley, and Miguel Cotto.
What Is His Fighting Style?
Margarito was known for his aggressive pressure-fighting style and a strong chin.
Where Did He Grow Up?
He grew up in Tijuana, Mexico, after being born in Torrance, California.
What Was His Record?
Antonio Margarito had a professional boxing record of 41 wins, 8 losses, and 1 no contest.
Why Was He Suspended?
His license was suspended due to the 2009 hand-wrap scandal involving illegal materials.
How Tall Is He?
He stands at 5 ft 11 in (180 cm).
Who Is He Married To?
Margarito is married to Lorena, his second wife.
Conclusion
Antonio Margarito’s journey in boxing showcases his talent, resilience, and challenges. Share your thoughts or explore more about athletes’ financial journeys on www.pennbookcenter.com.
