Fernardo Vargas Net Worth

$500 Thousand

Last Updated:

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What is Fernando Vargas’ net worth? 

Net Worth:$500 Thousand
Age:44
Born:December 7, 1977
Gender:Male
Height:1.78 m (5 ft 10 in)
Country of Origin:United States of America
Source of Wealth:Professional Boxer
Last Updated:August 2, 2022

Introduction 

Fernando Vargas is an American former professional boxer.

Vargas competed as a boxer from 1997 to 2007. He was a two-time light middleweight world champion, having held the IBF title from 1998 to 2000 and the WBA title from 2001 to 2002. With his IBF title win, Vargas became the youngest boxer in history to win a light middleweight world title, when he was only 21 years old. 

As of December 2022, Fernando Vargas’ net worth is estimated to be roughly $500 Thousand.

 

Early Life 

Fernando Javier Vargas was born on the 7th of December, 1977, in Oxnard, California.

Vargas was trained by Eduardo Garcia and had an amateur record of 100-5.

In 1992, Vargas won the 132 lb. championships at the Junior Olympics Box-Offs 1992. He became the youngest fighter to ever win the U.S. He lost a controversial decision in the second round of the 1996 Atlanta Olympics. Vargas was scheduled to turn pro in November 1996.

However, while training for his debut bout, he broke his right hand. 

 

Career 

In 1996, Vargas was selected to the U.S Olympic Team. The following year, his professional debut came when he defeated Jorge Morales in under a minute. In 1998 he won the IBF light middleweight championship.

In 2001, he had to serve 90 days of house arrest from an assault charge in 1999. He defeated Jose Alfredo Flores in 2001 to win the vacant WBA Light Middleweight title.

He rose to fame in one of his biggest fights. Vargas lost the title to Oscar De La Hoya in 2002 in Las Vegas. After the fight, he was drug tested and suspended for nine months due to steroid use.

Vargas had two fights with Sugar Shane Mosley in 2006. Vargas lost both fights to Mosley and lost his last fight to Ricardo Mayorga in 2007. He finished with a professional record of 26-5. In 2014, he and his family were part of the Mun2 reality series ‘Welcome to Los Vargas’.

As of December 2022, Fernando Vargas’ net worth is estimated to be roughly $500 Thousand.

 

More Professional Boxers:

 

Highlights

Here are some of the best highlights of Fernando Vargas’ career:

  • Youngest fighter to ever win the U.S
  • Professional debut came (1997) 

 

Favorite Quotes from Fernando Vargas 

“I was winning the fight with one eye. If I was him and I would’ve seen me, I would’ve gone broke. But he didn’t because he felt the wrath of what I carry in my right and left hands. A very few minor adjustments, and I will knock him out this time. He knows I was winning. The world knows I was winning. I was winning with one eye.” – Fernando Vargas 

“Was wondering why they stopped the fight. I was the one pushing the action, backing him into the ropes. I definitely want a rematch. Let’s see what he says.” – Fernando Vargas 

“Didn’t think it was that bad. I could still see, and I wasn’t retreating. I would have stepped it up immensely if I thought they wanted to stop the fight. Was the one putting the pressure on him. When they stopped it, I thought they were breaking it up.” – Fernando Vargas 

“I’m at the point in my life where I’m telling myself I’m not doing that do my body no more. I’m 27, and you can’t be going up and down like that because your body ain’t gonna go with you next time.” – Fernando Vargas 

“I wasn’t worried. That’s the thing. If I were to see Shane on the other side of the ring with an eye like that, I would have gone for broke. He respected what I carry in my left and right hand. He was respecting me with one eye, AND I was still winning the fight.” – Fernando Vargas 

“Absolutely, because who’s blown me out? The two fights and the third with Shane. The first fight back with Joval after a year and a half off from my back, and Joval hasn’t lost since he lost to me. Then I beat Castillejo who beat the guy that knocked out Ouma.” – Fernando Vargas 

 

3 Inspirational Lessons from Fernando Vargas

Now that you know all about Fernando Vargas’ net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:  

 

1. Try 

Do or do not. There is no try.

 

2. Courage 

Courage is like a muscle – we strengthen it by use.

 

3. Tough People 

Tough times never last, but tough people do.

 

Frequently Asked Questions

 

How much is Fernando Vargas worth?

Fernando Vargas’ net worth is estimated to be $500 Thousand.
 

How old is Fernando Vargas?

Fernando Vargas was born on December 7, 1977, and is currently 44 years old.
 

How tall is Fernando Vargas?

Fernando Vargas’ height is 1.78 m, which is equal to 5 ft 10 in.
 

Summary

Fernando Vargas is an American retired professional boxer.

Vargas was born in Oxnard, California. He was trained by Eduardo Garcia and had an amateur record of 100-5. Vargas won the 132 lb. championships at the Junior Olympics Box-Offs in 1992. Vargas became the youngest fighter to ever win the U.S. Championships.

As of December 2022, Fernando Vargas’ net worth is estimated to be roughly $500 Thousand. 

What do you think about Fernando Vargas’ net worth? Leave a comment below. 

John Mulder
John Mulderhttps://360tsd.com/
John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

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