Ryan Garcia’s net worth is $20 million. His major sources of income are his boxing earnings, endorsement deals, media appearances, real estate investments, income from different business ventures, and several gigs on social media.
Ryan started making money from his boxing career when he joined the amateur boxing level. However, the huge income only started rolling in after he went professional in 2015. Becoming a signee of Golden Boy Promotions company enhanced his boxing earning and also boosted his chances of landing really lucrative endorsements from top-notch brands.
How Much is Ryan Garcia’s Net Worth?
As of July 2023, trusted sources pegged Ryan Garcia’s net worth at $20 million. This massive figure was arrived at after the lightweight boxing champion inked his five-year renewal deal with Oscar De La Hoya’s company, Golden Boy Promotions.
If his next fight goes in his favor, the Californian native’s bottom line is likely to grow in the nearest future. Considering his record of 15-time wins when he was still climbing the success ladder in the national amateur championship, it is not surprising that Garcia has made it to the top as a professional. His amateur record of 215-15 announced him to a wider audience before he turned professional, smoothing his route to fame.
Breakdown of Ryan Garcia’s Net Worth From 2018 to Date
- Net worth in 2018 – $14 million
- Net worth in 2019 – $15 million
- Net worth in 2020 – $16 million
- Net worth in 2021 – 18 million
- Net worth in 2022 – $20 million
- Net worth in 2023 – $20 million
Since he became a professional boxer, King Ry has been recording handsome career earnings. Get a breakdown of his annual remunerations from when he turned professional in 2015 to date.
• Salary In 2015 – $500,000
• Salary In 2016 – $750,000
• Salary In 2017 – $1 million
• Salary In 2018 – $5 million
• Salary In 2019 – $2 million
• Salary In 2020 – $1 million
• Salary In 2021 – $2.5 million
• Salary In 2022 – $5 million
What Are Ryan Garcia’s Sources of Income?
As earlier mentioned, Garcia earns his keep from multiple sources, including boxing, promotion deals, real estate investment, and other forms of business endeavors.
He has a Promotion Deal with Golden Boy Promotions
The growth of your boxing career largely depends on whom you trust to promote your image, and Ryan knows this. Thus, after he turned pro, the lightweight boxer signed his first professional boxing contract with Golden Boy Promotions, owned by Oscar De La Hoya. Golden Boy happens to be listed among the world’s biggest boxing promotion companies, and needles to mention, Garcia’s partnership with a firm of that caliber has positively impacted his career in the ring.
Golden Boy Promotions’ obligations towards its signee include securing high-profile fights for him, making sure Garcia receives significant paydays, and generally propelling him into a brighter future. From what is obvious, Ryan Garcia was satisfied with Golden Boy Promotions’ work as he inked an extension deal with the company in 2019 for another five years.
This particular deal has already lasted four years and will be terminated in 2024. Though neither Garcia nor Golden Boy deemed it necessary to disclose the worth of the deal, the owner of the company, De La Hoya, described it as a very lucrative deal for any prospect in the history of boxing.
His Boxing Career Remains A Major Source of His Net Worth
Ryan Garcia started his boxing career as early as age seven when he was looking up to his dad, who was a boxing trainer and professional boxer. The upcoming boxing champion began earning little income as an amateur, competing in several competitions which he dominated. By the time he clocked 17, Ryan decided to turn professional, and that was when the big bucks started rolling in.
Debuting as a professional in Tijuana, the lightweight boxer was pitched against Edgar Meza, whom he defeated. It was at his point that his impressive performance attracted the attention of Golden Boy Promotions, leading to his first deal. With the support of the promotion firm, Garcia’s rise through the ranks was accelerated, and his next contract with Golden Boys was said to run into millions of dollars.
Proceeding to the WBC Silver Lightweight title, the boxing champion challenged Romero Duno, and when he emerged victorious, the fight marked his debut official professional title as a signee of Golden Boy. A string of successful fights followed until Ryan Garcia encountered his first big challenge in 2021 when he faced Olympic Gold Medalist Luke Campbell.
Going head-to-head at the interim WBC lightweight title with Campbell, King Ry conceded his first knockdown as a professional during the 2nd round of the fight. He, however, recovered to defeat Campbell to claim the WBC lightweight championship title. In the long run, he lost the title to Joseph Diaz – the IBF super featherweight champion
Ryan Garcia wasted no time in challenging Diaz to a fight in a bid to claim back his title, but unfortunately, he suffered a hand injury around that time which led to the postponement of the match. On his return the following year, King Ry challenged Emmanuel Tagoe and emerged as the winner during the second round. We saw his fight in 2022 against Javier Fortuna, where he defeated his opponent in the sixth round via a Total Knock Out. It was reported that his April 2023 fight with Davis didn’t favor Garcia.
Garcia displays a distinctive style that has been described as incredible. He has cat-like reflexes supported by his fast hands, making him a very formidable opponent in the ring. Thanks to his raw power, natural talent, and personality, the youngster is now considered to be a hot commodity. With the way he is going, the lightweight boxing champion may well make it to the level of the richest boxers of all time. This category of sublime boxers includes the likes of Floyd Mayweather, Manny Pacquiao, and the world’s number one, Sugar Ray Leonard.
How Much is Ryan Garcia Paid Per Match?
All the boxing wins mentioned in favor of Ryan Garcia above have monetary values attached to each of them. The lightweight boxer’s debut win as a professional was worth $55k, which is considered to be a good place to start.
After he knocked out fellow lightweight Romero Duno, the victory earned King Ry $250,000 per payday, and he later received a purse of $500,000. Now, his bout against boxing champion Emmanuel Tagoe was a real money spinner, making Garcia a whopping $3 million richer; this particular pay included a 70/30 split of the PPV shares.
April 2023 saw Garcia bid for a guaranteed amount of $2.5 million to face Gervonta Davis, but unfortunately, the match did not go in his favor as the lightweight boxer lost during the 7th round knockout. The fight even included an additional $5-10 million in bonuses which either fighter would likely earn from ticket sales and Pay Per View, but it obviously went to the winner, Davis.
His other boxing earnings came from his 2020 fight in Dallas against Luke Campbell, which came with a live gate of $353,835, earning him approximately $500,000. California State Athletic Commission reported that Ryan Garcia earned $2 million from his fight with Javier Fortuna.
Currently, the champion lightweight boxer is listed among the most marketable pro boxers of our time. King Ry’s records speak for themselves, and his bank balance speaks even louder.
Ryan Garcia’s Would-be $700 Million Deal?
Three years after he became a signee of Oscar De La Hoya’s company, Golden Boy Promotions, Oscar revealed his plans to assist Ryan in getting an unprecedented $700 million deal in 2019.
Talking about his good intentions for Garcia, Oscar said he sees the up-and-coming boxing champion as someone with the inherent ability to make it big in the boxing ring and may well turn out to be the biggest star ever in the industry.
If it had materialized, the purported $700 million would be almost double the contract amount that Oscar secured for his signee, Saul Alvarez, at $365 million. However, the Golden Boy Promotion company boss is yet to make good on his promise.
Ryan Garcia is a Social Media Star
Apart from the huge sums of purse money rolling in from Ryan Garcia’s boxing wins, the lightweight boxer also earns a tidy sum from other endeavors like social media. The Mexican-American has established a presence on platforms such as Instagram, Twitter, TikTok, and YouTube
Instagram is his Most Popular Handle on Social Media
On Garcia’s Instagram handle @kingryan, the athlete has amassed over 10.3 million followers and counting. Ryan’s IG handle is considered to be his most popular, only second to TikTok. So far, King Ry has shared over 749 posts, and the kind of images and videos to expect from his page are boxing matches, ads about upcoming fights, and more
Apart from his boxing images and videos, Garcia also shares pictures of his travels to different scenic spots around the globe.
Considering his massive followers on Instagram, it is obvious that Garcia earns quite a sum from the handle, but the exact sum is not known.
He is known as “The TikTok Boxer”
Because of his popularity on the TikTok platform, Garcia has been dubbed “The TikTok Boxer”. His account can be located @kingrygarcia, where the lightweight boxing champion can boast over 5.6 million followers. Besides, the number of likes on his account has exceeded 69.1 million likes.
@kingrygarcia Move quick but Move smart 🤴 #july16 #garciafortuna #ryangarcia
He Became Part of Twitter in 2021
Ryan joined the Twitter platform in June 2021 under the username @Ryan Garcia. Since then, the lightweight boxer has tweeted 1008 times, and his handle has amassed over 273.3k followers. Just like his IG handle, Ryan leverages his Twitter account to share stuff about his personal and professional life.
Ryan Garcia Has Over a Million Subscribers on YouTube
Garcia became part of YouTube on the 13th of December 2015, sharing videos about his exploits in the boxing ring. His self-titled channel @RyanGarcia1 has received over 152,561,178 views and 1.48M subscribers. The number of videos on his account so far totaled 164.
Endorsement is Another Major Money Spinner for Ryan Garcia
Ryan Garcia’s popularity as a lightweight boxing champion attracted a lot of endorsement deals from A-list brands. In addition to the income he earns in the ring, the lightweight boxers also make huge sums outside the rings. What he rakes in from endorsements plays a big role in boosting his bottom line.
The apparel and accessory brand, Gymshark, is his major sponsor. It is obvious that his partnership with Gymshark earns him a fortune, as it has been listed as his biggest endorsement deal. However, the exact amount has never been disclosed.
Another big name that has endorsed Garcia is 1800 Tequila, and similarly, he also has an endorsement deal with the popular sports drink Gatorade, which he landed in 2021. The sports drink has featured the lightweight boxer in several of its commercials on television.
Other brands he has worked for include Nike, Monster Energy, Bud Light, Dior, and many more. The Mexican-American boxer has also done a bit of modeling in the past. All these endorsement deals are obviously worth good money, but we must reiterate that punching opponents in the face has remained Ryan Garcia’s major income source.
How Much Does Garcia Earn Via TV Shows?
Ryan Garcia’s IMDb page reveals that the lightweight boxer is also a television personality and has graced the screen in quite a good number of television shows. He is credited as the creator of the docu-series, Shock the World with Ryan Garcia, which was released in 2020. According to reports, after making appearances in four of its episodes, Ryan tidied up $100k from this gig, and it also contributed to making him more popular around the globe.
Also, in 2020, the boxing champion functioned as an executive producer of the TV show known as 30 Days With Ryan Garcia. In addition to his work as the show’s executive producer, Garcia also recorded appearances in three of its episodes. Reports said his earnings for this gig were around $30k per episode.
Added to the aforementioned, Ryan Garcia appeared in four episodes of Fierce Talk With Ryan Garcia and two episodes of DAZN Boxing.
Ryan Garcia’s Real Estate InvestmentsÂ
The Mexican-American boxer sees real estate as a fertile ground for investment and, thus, went ahead to acquire some choice of luxury homes. Notable among his plush dwellings is his Porter Ranch abode, which was acquired at the sum of $3.1 million.
According to reports, the lightweight boxer has other properties in the United States and beyond, but the details are not known.
He Has Other Business Endeavors
Apart from his investments in the real estate sector, Ryan also has other lucrative establishments that yield income for him. It was recently reported that he floated a clothing company and another report claimed he is also a restaurateur. However, the details of his business ventures are not known.
With his massive fortune, Garcia also makes sure to give back to society through donations to charitable courses.
