Gennady Golovkin Net Worth

Net Worth:	$30 Million
Date of Birth:	April 8, 1982 (42 years old)
Gender:	Male
Height:	5 ft 10 in (1.8 m)
Profession:	Professional Boxer
Nationality:	Kazakhstan

What is Gennady Golovkin’s Net Worth?

Gennady Golovkin, popularly known as “GGG,” is a Kazakhstani boxer who has a net worth of $30 million. Golovkin has won numerous accolades throughout his career and is regarded as one of the top active fighters in the world as well as the best middleweight boxer overall.

Two world championships in the middleweight division are among them. In addition to previously holding the WBA, WBC, IBF, and IBO belts during a time between 2014 and 2018, he earned both the IBF and the IBO crowns in 2019. Gennady was regarded at the time as the greatest active boxer, pound for pound.

In the course of his career, he has defeated numerous opponents, including Milton Nunez, Daniel Geale, Marco Antonio Rubio, David Lemieux, and Canelo Alvarez. With 393 matches under his belt, Gennady is renowned for his strong chin (350 of those were as an amateur).

In the middleweight division at the 2003 World Championships and the 2004 Summer Olympics, Golovkin won gold and silver medals, respectively, during his amateur career. Gennady has a reputation for being modest, having a great work ethic, and having a passion for traditional food outside of the ring.

Childhood

Gennady Gennadyevich Golovkin was born on April 8th of 1982 in Karaganda, Kazakh SSR. At the present time, this region is a part of Kazakhstan. His mother worked as a Korean laboratory assistant, while his father was a Russian coal worker.

Gennady began boxing at a young age alongside his older siblings and was raised with three brothers, including a twin. Golovkin and his brothers used to prowl the streets and pick fights with grown men when they were younger. Apparently, several of these battles were forced upon him by his older brothers.

Gennady saw his two older brothers enlist in the Soviet Army at the age of nine. The death of one of these brothers was announced to him shortly after that. His second brother was likewise slain while serving in the Army, he learned four years later.

Golovkin began training for boxing at the age of 10 under the tutelage of Victor Dmitriev in Karaganda. He entered the ring at the age of 10 and suffered his first defeat. At age 11, he started boxing competitively and won a local match.

Gennady had to wait a number of years before he was permitted to compete against seniors, and it took him another seven years before he was allowed to join the Kazakh national boxing squad.

After graduating from Karagandy State University with a degree and a certification as a PE teacher, Golovkin began boxing for the first time on an international stage. Then, as a result of his involvement with the Olympic squad, he received a scholarship.

He defeated several well-known boxers in 2003 at the World Amateur Boxing Championships. At this moment, he was pretty much a “nothing,” but at least one commentator understood he was looking at a potential star.

Prior to winning the Asian Amateur Boxing Championships in 2004, he won a silver medal at the 2004 Summer Olympics. At the 2005 World Championships, he suffered his first defeat and put an unfortunate end to his amateur career. The setbacks he suffered throughout his amateur career, nevertheless, he would subsequently exact nearly every single revenge.

Career

Golovkin had gained a reputation as one of the world’s best prospects by the time he turned professional in 2005. The WBA gave him a title fight against Milton Nunez as compensation for a minor contract dispute resulting from his association with a German promoter.

It took just 58 seconds to overcome Nunez. When Abel Sanchez took over as his primary trainer, he said right away that no opponent would want to face Golovkin. Grzegorz Proksa provided Golovkin with his first title fight in 2012. It was a knockout setback for Proksa, his first ever.

Before being named the World Boxing Association’s Super champion, Golovkin first defeated a number of opponents. His eight title defenses had all been victories. His subsequent title defenses confirmed Sanchez’s forecasts, and he went on to defend it on a number of occasions.

The desire to combat “Triple G” was almost nonexistent. Finally rising to the challenge were Kell Brook and Daniel Jacobs, who were both unsuccessful. Canelo Alvarez, who battled him to a draw in 2017, was the only one who was able to stop Golovkin from winning.

But in 2018, Alvarez triumphed against Golovkin in a competitive and contentious fight. With a third bout versus Alvarez highly anticipated, Gennady proceeded to win a number of further fights.

Boxing Technique

The term “pressure fighter” is used to describe Golovkin. As a result, he frequently attempts to “swim” his opponent with a flurry of attacks that never seem to end. This tactic has the advantage of neutralizing an opponent’s reach advantage. Pressure fighters should be extremely quick, strong, and well-coordinated with their feet.

He’s also well known for his rigorous sparring matches, where he frequently competes against bigger, heavier boxers. In one of their sparring sessions, cruiserweight Will Clemons confessed that Golovkin made him “fear for his life.” He was also referred to by Clemons as “history’s hardest-hitting middleweight.”

Salary

Gennady Golovkin made $25 million in purses and sponsorships from June 2017 to June 2018 from fights. Consequently, he became one of the world’s highest-paid athletes. When he initially faced Saul Alvarez in September 2017, he received a $5 million payday.

Through just one fight with Alvarez, he was able to make a whopping $22 million on pay-per-view. GGG was promised $15 million for the rematch between the two in September 2018. He probably made more than $25 to $30 million from the rematch.

Contract

A three-year, $100 million, the six-fight contract between GGG and DAZN was inked in 2018. This equates to roughly $16 million for each battle or $33 million annually. All of this, however, is contingent upon his ability to successfully complete the fights and reach certain milestones.

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