Gennady Golovkin net worth
What is Gennady Golovkin’s net worth?
Gennady Golovkin, also known as “GGG”, is a Kazakh boxer who has a net worth of $30 million. Considered one of the best active boxers in the world and the best overall middleweight boxer, Golovkin achieved many accomplishments during his career. That includes two middleweight world titles. In 2019, he won the IBF and IBO titles, having previously won the unified WBA, WBC, IBF and IBO titles from 2014 to 2018. During this period, the Gennadi was widely regarded as the best pound. Pound Boxer is alive.
During his career, he has beaten Milton Nunes, Daniel Gill, Marco Antonio Rubio, David Lemieux, Canelo Alvarez and many others. Known for his strong jaw, Gennady has never been knocked out after 393 fights (350 of them amateur). During his amateur career, Golovkin won a middleweight gold medal at the 2003 World Championships and a middleweight silver medal at the 2004 Summer Olympics. Outside the ring, Gennadi is known for his humility, strong work ethic and love for traditional cuisine.
early life
Gennady Gennadyevich Golovkin was born on April 8, 1982 in Karaganda, Kazakh Soviet Socialist Republic, former Soviet Union. The region is part of modern Kazakhstan. His father was a Russian coal miner and his mother was a Korean laboratory assistant. Growing up with three brothers (including a twin), Gennady started boxing at an early age with his older siblings. In his youth, Golovkin and his brothers would roam the streets and fight grown men. His older brothers reportedly pressured him to take part in many of these fights.
At the age of nine, Gennadi witnessed his two older brothers join the Soviet army. Soon after, he was notified that one of the brothers had been killed. Four years later, he received word that his second brother had also been killed in the army. Golovkin has focused on boxing since he was 10 years old, training in Karaganda with a trainer named Viktor Dmitriev. At age 10, he stepped into the ring and lost his first match. He then started boxing at the age of 11, winning local championships. Gennady was then forced to wait a few years until he was allowed to fight seniors, and another seven years until he was admitted to the Kazakhstan national boxing team.
Then, Golovkin first started international boxing while earning a degree and a physical education teacher qualification from Karagandy State University. He then received a scholarship through his work with the Olympic team. In 2003, he defeated several high-profile fighters at the World Amateur Boxing Championships. Although he’s essentially a “nobody” at this point, at least one commentator realizes he’s looking for a future star.
He then won a silver medal at the 2004 Summer Olympics and then a gold medal at the 2004 Asian Amateur Boxing Championships. He ended his amateur career on a low note, losing to Mohamed Hikal at the 2005 World Championships. However, he later avenged nearly every failure in his amateur career.
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Profession
By the time Golovkin turned pro in 2005, he was widely regarded as one of the most promising players in the world. The WBA gave him an interim title fight with Milton Nunes after a relationship with a German promoter led to brief contract issues. Nunes was defeated in just 58 seconds. Abel Sanchez then played a central role in training him and immediately predicted that no fighter would be willing to take on Golovkin. Golovkin finally had a title fight with Grzegorz Proksa in 2012. Proksa was eliminated, his first ever defeat.
Golovkin then defeated numerous opponents and was eventually promoted to super champion by the World Boxing Association. He has successfully defended his title ten times. He then went on to defend his title on a number of other occasions, making Sanchez’s predictions come true. Few people want to fight “Triple G”. Kyle Brook and Daniel Jacobs eventually came forward, but they were also beaten. The only person who could stop Golovkin from winning was Canelo Alvarez, who tied him in 2017. However, Alvarez proved to be the victor in 2018, beating Golovkin in a closely contested match. Gennadi followed with some extra victories and a third fight with Alvarez was widely expected.
boxing style
Golovkin is considered a smart “stress fighter”. This means that he usually tries to “swim” his opponents in a seemingly never-ending barrage of attacks. The advantage of this strategy is that it negates the opponent’s reach advantage. Pressure fighters also need to have excellent speed, stamina and footwork. He was also known for his intense sparring, during which he often fought heavier and bigger boxers. Heavyweight Will Clemons has admitted that Golovkin made him “fear for his life” during sparring sessions they did together. Clemons also called him “the hardest middleweight in history.”
Benefits and Contracts
Between June 2017 and June 2018, Gennady Golovkin earned $25 million in purses and endorsements. This makes him one of the highest paid athletes in the world. In September 2017, he took home $5 million when he took on Saul Alvarez for the first time. In a single game with Alvarez, his pay-per-view earnings totaled $22 million. When the pair rematched in September 2018, GGG was guaranteed $15 million. His rematch earnings are likely in excess of $25-30 million.
In 2018, GGG signed a three-year, six-fight, $100 million contract with DAZN. That’s basically $16 million per game or $33 million per year. It all depends, though, on whether he hits various milestones and is actually able to finish the fight.
