What is Fernando Vargas's Net Worth?
Fernando Vargas is a former professional boxer with a net worth of $500,000. He competed from 1997 to 2007 and held both the IBF and WBA light middleweight titles. Vargas had heated rivalries with fighters like Oscar De La Hoya, Shane Mosley, and Félix Trinidad. After retiring from boxing, he starred on the reality television show "Welcome to Los Vargas" with his family.
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Fernando Vargas was born on December 7, 1977, in Oxnard, California, to Alicia and Javier. He has a brother named Rogelio who also became a professional boxer. Vargas attended Channel Islands High School.
Amateur Career
Vargas had an impressive amateur career, compiling a record of 100-5. In 1992, he won the 132-lb. championships at the Junior Olympics Box-Offs and placed second at the Junior Olympics. The following year, he achieved the triple crown of amateur boxing by winning the Junior Olympics Box-Offs, Junior Olympics, and Junior Olympics International tournament. In 1994, Vargas won the 132-lb. gold medal at the US Olympic Festival and the 132-lb. division at the US Junior Championships, becoming the youngest fighter to win the US Championships. He won the bronze medal in the light welterweight division at the Pan American Games in 1995. Vargas also competed at the 1996 Summer Olympics in Atlanta.
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In March 1997, Vargas made his professional debut, winning against Jorge Morales in just 56 seconds. He continued his winning streak, defeating his next five opponents by knockout. Vargas claimed his first world title in 1998 by knocking out Yori Boy Campas for the IBF light middleweight title. Throughout 1999, he successfully defended his title against Howard Clarke, Raúl Márquez, Winky Wright, and Ike Quartey.
Vargas lost the IBF title in late 2000 to Félix Trinidad, who knocked him out in the final round. In 2001, he won the vacant WBA and IBA light middleweight titles by defeating Jose Flores. Vargas lost the titles to Oscar De La Hoya in 2002. He was subsequently suspended for nine months due to a positive drug test.
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Film and Television Appearances
Aside from boxing, Vargas has appeared in films and television shows. In 2006, he played the role of gang member TKO Martinez in the crime drama film "Alpha Dog." He also starred in the reality television show "Welcome to Los Vargas" alongside his family in 2014. Furthermore, Vargas participated in the reality competition show "Top Chef Celebrity" on Telemundo.
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In 2001, Vargas was sentenced to 90 days of house arrest on charges of assault with a deadly weapon and conspiracy to commit a crime. The incident occurred in 1999 when he and four friends were accused of assaulting a man named Doug Rossi during a fight.
Personal Life
Vargas is married to Martha, and they have three sons named Fernando Jr., Amado, and Emiliano, all of whom pursued careers in professional boxing.
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All net worths are calculated using data drawn from public sources. We make every effort to ensure the accuracy of our estimates, but they are only estimations unless otherwise specified. If you have any corrections or feedback, please let us know.
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