Oscar De La Hoya’s birth on February 4, 1973, in Montebello, Los Angeles, California, followed his parents’ emigration from Mexico to the United States. De La Hoya’s ancestors all shared a passion for boxing. His paternal grandfather was an amateur boxer in the 1940s, and his own professional boxing career began in the 1960s.
As of this now, Oscar De La Hoya is valued somewhere in the neighborhood at $200 million. First, let me explain the recent dispute surrounding Oscar De La Hoya, and then we’ll get to the story proper. Just last month, it seemed like Oscar De La Hoya and Vitor Welford might get into a feud in MMA.
There was a three-month buildup for this battle, and all of the tickets were sold under his name. Oscar De La Hoya pulled out of the bout at the eleventh hour, claiming he was unable to compete due to a case of Covid-19. After being substituted by Evander Holyfield, he was unable to win this fight.
Now, controversy erupted when, as soon as the battle ended, Oscar emerged from the hospital with his crew and began insisting that he no longer possessed Covid-19. Oscar’s boxing career was a resounding success, highlighted by his many title victories.
About three years ago, Oscar’s business partner and the CEO of the promotion, which had become quite successful, decided to leave. After losing its biggest star, Canelo Alvarez, the Golden Buy promotion has had a rough go of it ever since. That Oscar De La Hoya has a fortune of roughly $200 million is common knowledge. Almost three years ago, this net worth was almost double what it is now, which may come as a surprise to you.
Oscar De La Hoya’s Net Worth?
| Net Worth: | $200 Million |
| Date of Birth: | Feb 4, 1973 (49 years old) |
| Gender: | Male |
| Height: | 5 ft 10 in (1.79 m) |
| Profession: | Professional Boxer, Businessperson, Author |
| Nationality: | United States of America |
Oscar De La Hoya is a former professional boxer from the United States of Mexican heritage, and he is worth an estimated $200 million. Once Oscar retired from boxing, he found immediate success in the business side of the sport as a promoter and investor.
Early Life
Oscar De La Hoya, a boxer who wasn’t a heavyweight but nonetheless became famous, was born on February 4, 1973, in East Los Angeles, California. De La Hoya was the national Junior Olympic boxing champion at age 15.
Cecilia Gonzales De La Hoya, Oscar’s mother, died of fatal breast cancer before she saw him win an Olympic gold medal. After graduating from James A. Garfield High School in 1992, De La Hoya competed in the Summer Olympic Games in Barcelona, where he won a gold medal.
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Career
The Golden Boy’s amateur record was 234 wins, 163 by knockout, and just six losses. Boxing champion Oscar De La Hoya made his professional debut in December 1992 and won by knockout in the first round. During his first year as a pro boxer, he was incredibly successful.
De La Hoya defeated Jimmi Bredahl by knockout in round 10 of their match on March 5, 1994, to become the junior lightweight champion of the World Boxing Organization (WBO). A short four months later, he won the WBO lightweight title with a knockout of Jorge Paez. His 18-0 record includes a February 1995 victory over John Molina for the IBF junior lightweight crown.
In June of 1996, De La Hoya had his toughest competition to that point when he fought the widely acclaimed Mexican boxer, Julio Cesar Chavez. Boxing fans’ fears that De La Hoya was losing his form were allayed by his devastating knockout of Chavez. Next year, he successfully defended his junior welterweight belt. In April 1997, De La Hoya defeated Olympic gold medalist Pernell ‘Sweet Pea’ Whittaker, solidifying his status as the undisputed top boxer in the world based on weight class. As late as September of 1999, De La Hoya was still the undisputed welterweight champion.
That year, on September 18th, he fought Felix Trinidad in a contest that would go down as one of the most memorable of the decade. De La Hoya suffered an unthinkable first loss at the hands of Trinidad. De La Hoya retired from boxing in 2000 after suffering his second consecutive loss against Sugar Shane Mosley. In his first fight back after a year off, he defeated Arturo Gatti in the fifth round in March 2001. Oscar De La Hoya set a record by becoming the youngest boxer to win five world titles at the age of 28.
The 2008 loss against rising star Manny Pacquiao was De La Hoya’s last fight after a gradual decrease in his performance. On April 14, 2009, he made the decision to retire public, putting an end to speculation that he will fight undefeated light middleweight Julio César Chávez Jr.
During his 17-year professional career (1992-2009), Oscar De La Hoya won 10 world titles in six weight divisions. By becoming a starfighter for HBO cable television, he was able to defeat 17 world titles and become one of the sport’s top earners. In the boxing world, Oscar De La Hoya is still highly regarded.
Personal Life
In October of 2001, De La Hoya tied the knot with Millie Corretjer. Oscar Gabriel (born 2005) and Nina Lauren (b. 2007). From his past relationships, De La Hoya has had three further children.
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Controversies
Actress and former Miss USA Shanna Moakler sued Oscar winner Oscar De La Hoya for $62.5 million in palimony (they were not married, therefore the claim was not considered alimony) in December 2001 she could help support the couple’s daughter, Antiana (b. 1999).
When Moakler caught De La Hoya at the Latin Grammy Awards with another lady, it was the final straw in their relationship, which had ended abruptly the year prior (she had been at home watching it on television). A confidential sum was paid to end the case without going to court.
In 1998, in Cabo San Lucas, Mexico, De La Hoya was accused of sexually assaulting a 15-year-old girl. Authorities in Mexico looked into the situation but ultimately decided not to press charges. In 2001, the parties involved in the lawsuit agreed to settle it out of court.
In 2017, De La Hoya was arrested in Pasadena, California for driving under the influence. He entered a not guilty plea, and the case against him was dropped in 2018. He has been very open about his struggles with substance misuse, including his time spent in treatment at the Betty Ford Center.
Diverse Attempts
The attractiveness and charisma that helped launch De La Hoya’s other economic ventures, like his Spanish-language boxing show on HBO, Boxeo de Oro, his clothing line, and his merchandise arrangements, were merely byproducts of his initial success in the ring. Collaborations with PS3, Xbox 360, and PSP were among his achievements.
He even released an English/Spanish Latin CD with the catchy title “Oscar,” which earned him a Grammy Award nomination. In 2006, De La Hoya published “Super Oscar,” a children’s picture book he wrote and illustrated. It was praised by critics almost universally. In June 2008, HarperCollins published “American Son: My Story,” De La Hoya’s autobiography.
Oscar De La Hoya is now known for his work outside of boxing as the President of Golden Boy Promotions, a Los Angeles-based company that promotes boxing and mixed martial arts. Golden Boy Partners, which De La Hoya founded, constructs commercial and residential real estate in metropolitan Latino neighborhoods. In a brief statement, De La Hoya announced his desire to challenge Donald Trump for the presidency in 2020.
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Philanthropy
De La Hoya and his siblings honored their mother by naming a cancer center after her at White Memorial Medical Center: the Cecilia Gonzalez De La Hoya Cancer Center.
The center received a $350,000 donation from the family. In addition, he established a nonprofit organization to fund educational opportunities for kids from low-income families. De La Hoya Animo Charter High School received $3.5 million of its money in 2008.