Rey Vargas Net Worth As of 2024 is estimated to be $6 million.
Mexican professional boxer Rey Vargas is the current WBC Super Bantamweight Champion.
Since making his professional debut in 2011, he has had an amazing career and has risen to become one of Mexico’s most prosperous boxers.
He has succeeded in the ring and in business thanks to his talent, tenacity, and hard work.
Rise to Prominence
Rey Vargas’ transition from amateur triumphs to world championships underscores his commitment and prowess in boxing.
Early victories in Mexican national championships and a gold medal in the 2009 Panamerican Championships paved the way for his professional career.
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Notable Fights Vargas’ professional journey features pivotal matches:
In February 2017, he clinched the WBC super-bantamweight title by defeating Gavin McDonnell in Hull, England.
His successful title defenses against opponents like Ronny Rios, Oscar Negrete, and Tomoki Kameda showcased his skills.
In July 2022, he secured the WBC featherweight crown by defeating Mark Magsayo. However, he suffered a unanimous decision loss to O’Shaquie Foster in February 2023.
Earnings and Income Sources
Rey Vargas’ $6 million net worth is a testament to his boxing achievements and impact.
His income streams include:
Prize Money: With an average purse of $500,000 per fight, Vargas earns substantially from his bouts.
Endorsements: Partnerships with major brands like Nike and Adidas contribute significantly to his earnings.
Public Appearances and Television: Engagements in public events and TV appearances supplement his financial portfolio.
Key Fights and Championships:
Vargas vs. Gavin McDonnell (WBC Super Bantamweight Title)
In February 2017, Rey Vargas challenged Gavin McDonnell for the vacant WBC super-bantamweight title in Hull, England.
Utilizing his reach and movement, Vargas controlled the fight, outworking McDonnell.
Despite a split decision (117-111, 116-112, 114-114), Vargas emerged victorious and claimed the world title.
Vargas vs. Mark Magsayo (WBC Featherweight Title)
In July 2022, Vargas faced undefeated Mark Magsayo for the WBC featherweight championship.
Despite a knockdown, Vargas secured a split decision win (113-114, 115-112, 115-112) with his effective jab.
Vargas vs. O’Shaquie Foster (Super Featherweight Title)
In February 2023, Vargas contested O’Shaquie Foster for the vacant WBC super featherweight title.
Foster’s dominant performance led to a unanimous decision win (116-112, 117-111, 119-109), securing him the title.
Vargas, aiming to return to the featherweight division, remains a formidable force in boxing.
Rey Vargas’ Lifestyle and Possessions:
Residences:
Details about Vargas’ homes remain private, but as a successful athlete, he likely enjoys a comfortable living standard.
Being a two-weight world champion suggests he has a residence tailored to his preferences, possibly with amenities like a gym and pool.
With his status, Vargas may have invested in a spacious property offering luxury and convenience.
Vehicles:
Like many athletes, Vargas likely owns luxury cars, though specific models aren’t disclosed.
As a professional boxer, he likely enjoys high-performance vehicles, whether sleek sports cars or stylish sedans.
Vargas likely appreciates the excitement of driving impressive automobiles.