Net Worth Ranker
What Is Ryan Garcia’s Net Worth?
Ryan Garcia, a prominent American professional boxer, has accumulated a substantial net worth of $50 million. This fortune is primarily attributed to his successful boxing career, endorsements, and other ventures.
Ryan Garcia: Boxing Career and Earnings
Garcia’s professional boxing journey began at 17, marking his debut on June 9, 2016, in Tijuana against Edgar Meza, where he secured a TKO victory. This initial success propelled him into the spotlight, leading to a contract with Golden Boy Promotions. His debut under this banner occurred on December 17, 2016, at The Forum, during the Smith-Hopkins light-heavyweight main event, where he achieved a second-round knockout. In September 2017, Garcia’s talent was further recognized as he claimed the vacant NABF Junior super featherweight title by defeating Miguel Carrizoza. Building on this momentum, he secured the vacant NABC and WBO-NABO super featherweight titles in May 2018 by triumphing over Jayson Velez. By March 2019, Garcia’s record stood at 18-0 after a TKO victory against Jose Lopez. A significant milestone followed in November 2019 when Garcia challenged Romero Duno for the WBO NABO Lightweight Title, solidifying his position in the lightweight division. On February 14, 2020, Ryan demonstrated his power by knocking out Francisco Fonseca in the first round. He defeated Olympic gold medalist Luke Campbell, Campbell’s last before his retirement, in April 2021. Garcia returned to the ring in February 2022 after a hiatus and beat former IBO lightweight champion Emmanuel Tagoe via unanimous decision. He then defeated Javier Fortuna in July 2022 via TKO in six rounds.
While specific details of his earnings from early fights are limited, a turning point came with his knockout victory against Romero Duno, which earned him a $250,000 payday. Dissatisfaction with Golden Boy Promotions led to a renegotiation, resulting in a $500,000 purse. His bout against Emmanuel Tagoe earned him $3 million, including a 70/30 split of the PPV shares. In April 2023, Ryan earned $2.5 million guaranteed to fight Gervonta Davis. He lost the fight with a 7th-round knockout. With ticket sales and Pay Per View, both fighters likely earned an additional $10-20 million in bonuses.
In September 2019, Oscar De La Hoya publicly spoke of plans to offer Garcia a $700 million contract, a deal that would have surpassed the $365 million earned by Saul Alvarez. In that same month, Garcia extended his contract with Golden Boy for five years. However, the financial specifics of this arrangement were not revealed to the public.
Ryan Garcia: Early Life and Influences
Born on August 8, 1998, in Victorville, California, Ryan Garcia embarked on his boxing journey at the young age of seven. His amateur career culminated in an impressive record of 215 wins and 15 losses, marked by 15 national amateur championships. This early dedication and success were heavily supported by his parents, who remained actively involved in his boxing pursuits and continue to contribute to his career. Details of his schooling are not specified in the provided text. His brother Sean Garcia is also a professional boxer, and their father has been one of their trainers. Ryan has also been trained by Eddy Reynoso.
Ryan Garcia: Personal Life and Endorsements
Ryan Garcia has a daughter who was born in March 2019. As an American of Mexican heritage, Garcia often carries both the American and Mexican flags into the ring and incorporates red, white, and blue into his attire, demonstrating pride in both cultures. Garcia’s marketability extended beyond the boxing ring when he became the first American boxer to feature in a Gatorade television commercial, enhancing his visibility and appeal.
Ryan Garcia: Net Worth Development
Garcia’s initial fight earnings started with $55,000, marking the beginning of his financial ascent. Subsequent high-profile fights, such as the bout against Emmanuel Tagoe, which earned him $3 million, and the Gervonta Davis fight, where he was guaranteed $2.5 million in April 2023, significantly bolstered his income. Adding the additional revenue from PPV shares and ticket sales, his income from the Davis fight may have reached $10-20 million. These events highlight the increasing value of his appearances and his growing prominence in the boxing world, which significantly impacts his overall net worth.
