Oscar De La Hoya Net Worth

Publish date: 2024-05-02

What is Oscar De La Hoya’s Net Worth?

Oscar De La Hoya, a retired American professional boxer of Mexican heritage, has a net worth of $200 million. He has since moved on to become a successful boxing promoter and investor.

Oscar De La Hoya: Early Life and Olympic Gold Medal

Oscar De La Hoya, born on February 4, 1973, in East Los Angeles, California, is a non-heavyweight boxing celebrity. He won the national Junior Olympics at the young age of 15, coming from a boxing family. Sadly, De La Hoya’s mother, Cecilia Gonzales De La Hoya, who was terminally ill with breast cancer, passed away before seeing her son become an Olympic Gold Medalist. Oscar won the gold medal at the Summer 1992 Barcelona Olympic Games, soon after graduating from James A. Garfield High School.

Oscar De La Hoya: A Career of Championships

Nicknamed “The Golden Boy,” Oscar De La Hoya had an impressive amateur career with 234 wins, 163 by knockout, and only six losses. He made his professional debut in December 1992 and had a successful run during his first year, winning his first professional title of junior lightweight champion of the World Boxing Organization (WBO) in March 1994 and the WBO lightweight title in July of that year.

De La Hoya faced his biggest challenge yet in June 1996 when he faced popular Mexican fighter, Julio Cesar Chavez. De La Hoya pummeled Chavez and successfully defended his junior welterweight title the following year. He continued on as the welterweight champion until September 1999 when he faced Felix Trinidad in one of the most talked-about fights of the decade. Trinidad handed De La Hoya his first devastating loss ever. After a second loss in 2000, De La Hoya took time off from boxing but successfully returned to the ring in March 2001.

At the age of 28, Oscar De La Hoya was the youngest boxer to have won five world titles. He enjoyed a 17-year-long career (1992-2009) decorated with 10 world titles in six different weight classes. He defeated 17 world champions and was a top money-maker for professional boxing, thanks in part to his role as a marquee fighter for HBO cable television. Despite a slow career decline, De La Hoya still remains one of the most celebrated boxers of his era.

Oscar De La Hoya’s Business Ventures

Oscar De La Hoya’s good looks and charisma were catalysts for his business ventures, which included a Spanish-language boxing show on HBO, a clothing line, and merchandising deals. He even recorded an album that got him nominated for a Grammy and authored a children’s book that received positive reviews. De La Hoya also became the President of Golden Boy Promotions, a boxing and mixed martial arts promotion firm based in Los Angeles, and founded Golden Boy Partners, which builds developments in urban Latino communities.

In 2020, De La Hoya briefly spoke of his intention to run for president against Donald Trump.

Oscar De La Hoya’s Charitable Contributions

Oscar De La Hoya and his siblings opened the Cecilia Gonzalez De La Hoya Cancer Center, donating $350,000 to the White Memorial Medical Center to honor their mother. Additionally, De La Hoya started a charity aimed at educating underprivileged youth. In 2008, he donated $3.5 million to the De La Hoya Animo Charter High School.

Oscar De La Hoya’s Family Life

Oscar De La Hoya and Millie Corretjer tied the knot in October 2001. The couple is blessed with two children, Oscar Gabriel, born in 2005, and Nina Lauren, born in 2007.

However, De La Hoya has three other children from his previous relationships.

Legal Issues Involving Oscar De La Hoya

In 2001, former Miss USA Shanna Moakler filed a $62.5 million palimony suit against De La Hoya for support of their daughter. The case was settled out of court for an undisclosed amount.

In 1998, De La Hoya was accused of sexual assault in Cabo San Lucas, Mexico. Mexican authorities investigated but no charges were filed. The suit was settled out of court in 2001.

De La Hoya was arrested for a DUI in Pasadena in 2017. He pled not guilty, and charges were dismissed in 2018. He has publicly acknowledged his substance abuse problem and underwent treatment at the Betty Ford Center for alcohol and cocaine abuse.

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