Jermell Charlo's Net worth, career, and Family

Jermell Charlo’s net worth in 2023

Thirty-three-year-old Jermell Charlo has been boxing since his early teens. After the mandatory stint as an amateur boxer, the scion of a deep-rooted boxing family turned professional in 2007. 

In the last sixteen years, he has participated in thirty-seven bouts, out of which he has won thirty-five matches. Arguably, his contests may need to meet the criteria of a top-notch mega-buck contest. However, the Houston, Texas, native has been fortunate to amass a reasonable amount of wealth.

 There is a visible absence of unanimity in the information related to Jermell Charlo’s net worth. While celebritynetworth only contains details about his twin brother, Jermall Charlo, many websites display $3 million as his net worth. But a few, such as caknowledge.com, have updated $8 million as the champion’s financial position. 

Let’s look at some of the big money-making matches of the ‘Iron Man.’ 

Vs. Erickson Lubin, October 2017 - While Charlo’s guaranteed purse reportedly stood around $430,000, he additionally received 65% of the overall revenue made through pay-per-view subscriptions. 

Vs. Austin Trout, June 2018 - With nearly half a million dollars guaranteed, Charlo staked his claim at half of the revenue generated by PPV sales. 

Vs. Tony Harrison, December 2018 - For his second fight that year, Charlo received approximately $750,000 as a guaranteed purse and half of the overall PPV earnings. 

Vs. Jorge Cota, June 2019 - Though he took around a guaranteed purse of half a million dollars, the details of his earnings through PPV sales remain obscure. 

Vs. Tony Harrison, December 2019 - The Harrison rematch proved lucrative for Jermell Charlo. Not only did he receive a guaranteed purse of nearly a million dollars, but 60% of the revenue generated by PPV subscriptions was his to take home. 

Vs. Jeison Rosario, September 2020 - The only fight he participated in that year Charlo’s guaranteed purse was around $1 million again, and his overall take-home increased thanks to the 50% split in PPV revenue. 

Vs. Brian Castano, July 2021 - For the first fight against the Argentine boxer, Jermell Charlo’s guaranteed purse was approximately $1 million. He had around a 55% stake in the PPV split. 

Vs. Brian Castano, May 2022 - Besides receiving 60% of the revenue generated by PPV sales, Charlo’s guaranteed purse for the Castano rematch was in the neighborhood of $1 million. 

Boxing remains the most significant source of Jermell Charlo’s overall earnings. He is also reported to endorse products from other companies, though precise details about the deals remain unclear. 

Additionally, Charlo manages his promotional venture, Lions Only Promotions. He also has a stake in a boxing gym called Charlo Brothers Boxing Academy in Houston, Texas, and a fitness club. Like many boxers nowadays, he sells his merchandise through Charlo Boxing. 

However, information regarding his investments remains unavailable or could be subject to sheer conjecture.

Jermell Charlo’s childhood and early life

Born on May 19, 1990, in Lafayette, Louisiana, Jermell Charlo grew up in Houston, the most populous city in Texas. Along with his twin brother Jermall, he went to Alief Hastings High School. 

Before boxing became the center of their lives, the brothers were initially involved in sports such as football and basketball, like most other kids their age.

Jermell Charlo: Boxing Record 2023

As of September 2023, Jermell Charlo’s boxing record stands as follows:

 Amateur Record: 

Wins: 56 

Losses: 8

Professional Record: 

Over participation: 37 matches 

Wins: 35 matches 

Losses: 1 

Draw: 1

Jermell Charlo’s family

Jermell Charlo’s father is Kevin Charlo, a former boxer, and his mother is Terrie Charlo. His twin brother, Jermall Charlo, is older than him by a minute. The latter also happens to be an undefeated WBC Middleweight champion. The brothers have an older sister, too.

As far as his immediate family is concerned, Jermell Charlo is married to Chy Westbrook, a Hawaiian who has a son and a daughter from a previous relationship. The couple is proud parents of a child now.

Jermell Charlo’s boxing career

During their school days, the Charlo brothers started visiting boxing gyms to hone their skills. He won a bronze medal at the Junior Olympics when he was fifteen. Before switching to professional boxing, his amateur record read fifty-six wins against eight losses. 

He fought his first pro fight against Corey Sommerville on December 8, 2007, in Tunica, Mississippi’s Fitzgerald's Casino and Hotel. He won the four-round bout by a unanimous decision. 

For the next five years, he won all the matches he participated in. Nevertheless, his turn came on January 26, 2013, when he won his first title, the vacant WBC Continental Americas Light Middleweight title, defeating Harry Joe Yorgey. 

After five months, a unanimous victory over Demetrius Hopkins made him the IBF-USBA Light Middleweight Champion. Three years later, receiving his first shot at a world title, he defeated John Jackson and picked up the the vacant WBC Light Middleweight title. 

The ‘Iron Man’ defended his title successfully for two years until Tony Harrison snatched it away on December 22, 2018. However, the following year, he returned the favor to the Detroit, Michigan-born boxer during their rematch to become the WBC Light Middleweight Champion again. 

He challenged Dominican world champion Jeison Rosario for his WBA (Super) and IBF Light Middleweight titles. Additionally, with a goal towards title unification, he also aimed at the vacant Ring title. Jermell Charlo knocked out the Dominican boxer in the eighth round of the high-profile match held at Mohegan Sun Arena in Montville, Connecticut, on September 26, 2020. 

Ten months later, his attempt to snatch the WBO Light Middleweight title from the Argentine Brian Castano didn't yield the desired result. Their match on July 17, 2021, at the AT&T Center in his home state became a stalemate. 

But the ‘Iron Man’ wasn’t done. Roughly a year later, he returned and knocked out Castano in the tenth round of their rematch at Dignity Health Sports Park in Carson, California, on May 14, last year. With the WBO belt in his kitty, he finally fulfilled his dream of becoming an undisputed champion.

Jermell Charlo: Foundation and Charity

It is well known that Jermell Charlo fights not only for himself but also for the greater good. He’s done a lot to help the less fortunate, like raising money for kids with cancer and awarding scholarships to deserving students. He reportedly participated in a sparring session and collected around $9000 for a disadvantaged kid.

Jermell Charlo’s car collection and other luxuries 

Though it might not be as extensive a collection as Floyd Mayweather’s, Jermell Charlo, a known petrolhead, has an enviable collection. Let’s look at some models the undisputed champion keeps in his garage. 

Mercedes-Maybach GLS 600: One of the finest SUVs made by German car makers, it comes with a 4.0-liter twin-turbocharged V8 engine generating 550 horsepower. The interior of the Maybach GLS 600 is among the best in the luxury SUV class. Some features include beautiful leather stitching, messaging seats, and a champagne refrigerator. 

Lamborghini Aventador S: Priced at around $670,000, the 6.5-liter ‘Naturally-Aspirated’ V 12 engine of the Aventador S produces about 730 horsepower. With a top speed of 217 miles per hour, this beauty can zoom from zero to sixty miles per hour in just 2.9 seconds. 

Rolls-Royce Cullinan: Everything about this luxury car maker’s well-known piece is exquisite. It’s a work of art with meticulously hand-stitched, luxurious fabrics. More so, it comes with a V12 engine that produces 563 horsepower. 

Lamborghini Urus: Priced around $250,000, its twin-turbo 4.0-liter V8 engine produces 641 to 657 horsepower. 

Mercedes G63 AMG: Powered by a 4.0L V8 engine with dual turbochargers generating 577 horsepower, this rugged SUV can reach up to 136 miles per hour. It can cover zero to sixty miles per hour in 4.5 seconds. The introductory price of the model is around $157,000.