What is Jermell Charlo's net worth? Inside boxer's luxury car fleet and swanky Houston mansion
Jermell Charlo has been one of the finest boxers to set his foot inside the ring in recent years. After turning into a professional boxer, Jermell has achieved a lot of monumental feats. However, on Saturday, July 17, he has the opportunity to become one of the legends of the game. He will be fighting against Brian Castano in San Antonio to become the first undisputed super welterweight champion in the four-belt era.
Holding all four belts will not only make him a better boxer than his brother Jermall, but it will also make him only the third active undisputed champion in boxing. The other two boxers to achieve that feat are Josh Taylor and Teofimo Lopez. He has a 34-1 record that includes 18 knockouts.
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Jermell wanted to be a boxer since childhood and started training with his father. Apart from that, he has also made a lot of money from all the fights that he has been a part of. Let’s take a look at how much money he has made over the years.
Early life and career
Born on May 19, 1990, Jermell and his brother Jermall Charlo began boxing when they followed his father, himself a former boxer, at the gym. Jermell graduated to the elite level of amateur boxing and won a bronze medal at the 2005 Junior Olympics at the age of 15. The boxer ended his amateur career with an impeccable record of 56 wins and just 8 losses.
But now, it was time for him to enter professional boxing. Jermell began his professional career in 2007 and went against Corey Sommerville. He scored an impressive victory over Sommerville and announced himself to the world. 2008 turned out to be a massive year for him as he fought three bouts and emerged victorious in all of them.
In 2009, he scored a shutout four-round decision over Juan Serrano on February 28, got a decision win over Carlos Garcia over six rounds on April 4. In the same year, he scored a sensational one-punch knockout victory against Chris Chatman in the third round. With this win, at the age of 22, Charlo had a record of 17 wins, with no losses.
However, the biggest fight for Jermell at the time happened when he went against the veteran boxer and former world title challenger Gabriel Rosado in 2013. Charlo won the fight and landed 50% of his punches thrown compared to Rosado’s 18%. He was rising through the ranks and fought some of the best boxers in the light middleweight category.
Achievements and awards
In May 2015, he fought John Jackson for the WBC light middleweight title. The title became vacant after the retirement of Floyd Mayweather Jr. It was a tricky night for Charlo as he was badly trailing in the fight and Jackson was looking like the clear winner. However, Charlo hit Jackson with a right hand to the head followed by two lefts as Jackson turned away to adjust his mouthpiece and failed to keep his guard up.
The referee jumped in to protect Jackson and signaled the knockout. Jermell was crowned the WBC light middleweight champion despite all the odds.
He successfully defended the title on two different occasions as it was mandatory for him to put his title on the line. Jermell defended his WBC title for the first time when he knocked Hatley out unconscious in round 6 after a right hook to the head. Meanwhile, Jermell won the fight against Erickson Lubin via a first-round knockout to retain his WBC title. Apart from being the current WBC light middleweight champion, Jermell is also IBF-USBA light middleweight champion, and a WBA (super) light middleweight champion.
Jermell was granted a special proclamation from Texas Mayor Sylvester Turner recently. He also won the Fighter of the Year accolade at the 2020 Houston Boxing Awards.
Jewelry
Jermell and his brother have a good collection of jewelry and they recently bought an insane amount of jewelry worth $553,000. Here are some other pieces of jewelry they own:
- Chandelier Brick AP Watch worth $358,000
- Cuban chain worth $100,000
- 2 Baguette Bracelets worth $40,000
- 3 Baguette Rings worth $30,000
Cars
Jermell has a real love for luxury and sports cars. He has a big car collection that includes Lamborghini Aventador worth more than $400,000, a Rolls Royce, Mercedes-Benz G-class, and a custom-made lifted truck.
Real Estate
The boxing star owns a huge house in Houston, Texas, which has a bedroom garage, basketball court, game room, and a movie theatre. The price of the huge mansion is still unknown, but it is surely worth millions.
What is Jermell Charlo’s net worth?
According to Sportekz, Jermell Charlo’s net worth was estimated at around $1.75 million in 2020. Jermell's earnings in boxing increased after having a fight contract with boxing promoters. He earned career highest purse money from his last against Tony Harrison. Most of his earnings come from boxing. It’ll be interesting to see how much he makes when he fights Juan Macias Montiel on Saturday, June 19.