CANELO ALVAREZ splashed the cash after penning a £278million fight deal with US streaming service DAZN in 2018.
And among his extravagant purchases is a £45m stunning black yacht that boasts its own jet skis, a jetty and raft.
The Mexican, who vacated his light-heavyweight world title, posted a video to his Instagram page showing him making waves around the Bahamas.
Clips show Canelo and stunning girlfriend Fernanda Gomez riding around on jet skis on the crystal-clear blues water as the yacht is anchored nearby.
The couple then ride their jet skis to circle the yacht showing its impressive size before ending up on the same side that they started on.
Canelo, who once wore a panda suit on a private jet flight, can be seen flexing both arms posing for the camera as the video comes to an end.
Unfortunately the boxer doesn’t invite us in for a grand tour of the inside of the vessel.
Alvarez has won 53 of his 56 fights throughout his professional boxing career.
He has changed weight classes but most of his fights have been in the middleweight divisions.
Canelo became one of the world’s wealthiest athletes after signing that incredible 11-fight £277m deal with DAZN.
As well as the super-yacht, Canelo also has an £8m car collection, including a £2.3m Bugatti Chiron and is a poster boy for rafts of advertisers.
FOUR-WEIGHT WORLD CHAMP
His first fight of the deal was with Liverpool-born Rocky Fielding which ended in a victory by KO for Alvarez in the third round.
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This saw him crowned the WBA (regular) super middleweight world champion in December 2018.
In November 2019, he went up another weight class to light heavyweight and beat former WBO light-heavyweight champion Sergey Kovalev, 36, with an 11th-round stoppage at the MGM Grand in Las Vegas.
This insured the Mexican became world champion in his fourth different division.