Oscar De La Hoya: business success and generosity

Recognized as one of the greatest boxers of all time, Oscar De La Hoya has always had a head for business. He set up his boxing promotion company in 2002, and after retiring as a boxer in 2009, he focused fully on his many businesses and charity work.

The “Golden Boy,” who won 10 world titles in six different weight classes, is said to have always had a keen business sense. He explained his success in the business world: “Surround yourself with people who are smarter than you are.”

Eric Gomez, one of his childhood friends, became the president of his company. It was after a very trying fight in 2002 that the most popular boxer of all time considered his reconversion. He began his career transition with a promotion company, Top Rank Boxing. De La Hoya helped Canelo Alvarez sign one of the biggest sports contracts in the world: a five-year, $365 million contract. Oscar De La Hoya has partnered with a live sports streaming platform (DAZN) to continue broadcasting boxing to as many people as possible.

He is very involved in charity work. To give back and be involved in the community, the former boxer is very involved in various foundations and concrete actions. He is involved in his foundation, the Oscar De La Hoya Foundation, which he created more than 20 years ago and which he considers his baby, and in the Cecilia Gonzalez De La Hoya Cancer Center, named after his mother. He has also built a neonatal intensive care unit and a high school to help underprivileged young people.

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