Antonio Margarito, a renowned name in the boxing world, has amassed significant wealth through his illustrious career. As of 2024, his net worth stands at an impressive $15 million (via Celebrity Net Worth).
Margarito’s journey from humble beginnings to becoming a boxing legend is truly inspiring.
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Early Life and Career Beginnings
Early Life
Antonio Margarito Montiel was born on March 18, 1978, in Torrance, California.
At the tender age of two, his family relocated to Tijuana, Mexico, where Margarito developed a passion for boxing alongside his brother. His amateur boxing career, though brief, was notable, with an 18-3 record.
Professional Debut
Margarito turned professional at just 15 years old due to financial pressures. His debut match against Jose Trujillo ended in a victory by decision. His first knockout came soon after in a bout against Victor Angulo.
Despite early losses, Margarito’s career began to ascend, marking victories against significant opponents like Sergio Martínez and Frankie Randall.
Championship Titles and Major Fights
WBO Welterweight Title
In 2001, Margarito challenged for the WBO welterweight title against Daniel Santos, though the match ended inconclusively due to injuries.
However, Margarito eventually claimed the WBO welterweight championship by defeating Antonio Díaz. He successfully defended his title multiple times, solidifying his reputation in the boxing world.
Light Middleweight Challenges
Margarito’s foray into the light middleweight division began in 2003, achieving a knockout victory over Maurice Brantley.
Despite a loss to Daniel Santos in 2004 for the WBO light middleweight title, Margarito continued to demonstrate his prowess in the ring.
IBF and WBA Welterweight Titles
Margarito’s career peaked in 2008 when he won the IBF welterweight title by defeating Kermit Cintron.
Later that year, he clinched the WBA welterweight title in a memorable fight against Miguel Cotto. However, his reign was short-lived as he lost the title to Shane Mosley in early 2009.
Controversies and Retirement
Illegal Hand Wrap Scandal
Margarito’s career was marred by controversy in 2009 when illegal hand wraps containing calcium sulfate were discovered before his fight against Mosley.
This scandal led to a suspension, tarnishing his legacy.
Retirement and Comeback
Margarito retired in 2011 after a series of injuries and a significant loss to Miguel Cotto in a rematch.
However, he made a brief comeback in 2016, winning two bouts in Mexico and defeating Carson Jones in 2017.
Personal Life and Legacy
Antonio Margarito is married to his second wife, Lorena, and they reside in Los Angeles, California.
Despite the controversies, Margarito’s impact on the boxing world remains significant, with a career that spanned over two decades.
