What is Claressa Shields Net Worth?
| Net Worth: | $5 million |
|---|---|
| Source of Wealth: | Boxer |
| Date of Birth: | March 17th, 1995 |
| Country of Origin: | United States |
| Last Updated: | 2024 |
Claressa Shields Net Worth: Shields is an American professional boxer with an estimated net worth of $5 million. She has made significant strides in the sport since turning professional in 2016.
She is primarily derived from her successful boxing career, where she has achieved remarkable feats, including multiple world championships in various weight classes.
Early Life
Claressa Shields’ early life in Flint, Michigan, was marked by significant challenges and experiences that shaped her future in boxing. Born on March 17, 1995, Claressa’s childhood was difficult, largely influenced by her family’s circumstances.
Her father, Bo Shields, a former underground league boxer, was incarcerated when she was two years old and released when she was nine. It was Bo who inspired Claressa’s interest in boxing by talking to her about the legendary female boxer Laila Ali.
The instability in her family life extended to her relationship with her mother, Marcella Adams, who struggled with drug problems. This led to Claressa facing various adversities, including sexual abuse from a young age. Despite these hardships, Claressa found support in her grandmother and an aunt, who played pivotal roles in her upbringing.
Claressa started her boxing training at the age of eleven at the Berston Field House in Flint, where she met her future coach, Jason Crutchfield. Despite initial skepticism about her abilities, Claressa quickly proved her talent and determination in the sport.
Her upbringing wasn’t just about overcoming obstacles; it also involved taking care of her younger siblings and excelling academically. She was a diligent student, taking honors classes throughout high school.
Career
Claressa Shields’ boxing career is distinguished by her exceptional achievements and pioneering role in women’s boxing. She began her journey in amateur boxing, winning two Junior Olympic championships and the National Police Athletic League Championships.
At the 2012 London Olympics, Shields won a gold medal at only 17 years old, a significant achievement for American women’s boxing. She continued her success with a gold medal in the 2016 Rio Olympics, becoming the first American boxer to win consecutive Olympic titles.
Shields transitioned to professional boxing in 2016, where she maintained her dominance, claiming multiple titles and breaking records. Notably, she became a two-weight world champion in the fewest professional fights.
Her 2019 victory against Christina Hammer was a milestone, as she unified the WBA, WBC, IBF, and WBO middleweight titles, solidifying her status as the undisputed middleweight world champion.
Shields’ skill and influence in boxing have earned her accolades like the Female Fighter of the Year from the Boxing Writers Association of America and an induction into the USA Boxing Alumni Association’s Hall of Fame.
Claressa Shields net worth is estimated to be $5 million as of 2024.
Career Highlights
- 2011: Won the National Police Athletic League Championships
- 2012: Won gold medal at the London Olympics in the women’s middleweight division
- 2014: Secured the World Championship gold medal
- 2015: Became the first American to win titles in women’s boxing at both the Olympics and Pan American Games
- 2016: Won her second Olympic gold medal at the Rio de Janeiro Games, becoming the first American boxer to win consecutive Olympic titles
- 2016: Transitioned to professional boxing, winning her debut match
- 2017: Claimed the North American Boxing Federation middleweight title
- 2018: Became a two-weight world champion in the fewest professional fights
- 2019: Unified the WBA, WBC, IBF, and WBO middleweight titles, becoming the undisputed middleweight world champion
Personal Life
Claressa Shields is engaged to Tony Richardson, a gym owner and her trainer. Their relationship started in July 2020, and they went public with their relationship in November of the same year.
Richardson, who has a background in fashion merchandising, plays a significant role in Claressa’s training and career, contributing as her instructor. Shields, in turn, supports his business ventures as a brand ambassador.
Their engagement was announced in March 2022, following a proposal by Richardson at a restaurant in Florida, signifying a deepening of their personal and professional partnership.
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Awards and Achievement
Claressa Shields’ career is highlighted by significant awards and achievements. In her amateur career, she won two Junior Olympic championships and the middleweight title at the National Police Athletic League Championships.
She also claimed gold medals at both the 2012 London and 2016 Rio de Janeiro Olympics, making her the first American boxer to win consecutive Olympic titles.
As a professional, Shields became a two-weight world champion in the fewest fights and unified the WBA, WBC, IBF, and WBO middleweight titles in 2019.
In 2023, she was honored with the ESPY Award for “Best Boxer,” becoming the first female boxer to receive this award. Additionally, the Women’s Sports Foundation named her the “Individual Sportswoman of the Year.
Claressa Shields Net Worth
Claressa Shields net worth is estimated to be $5 million. Her wealth primarily comes from her successful boxing career, with significant earnings from boxing purses, including an estimated $1 million from a fight against Savannah Marshall.
Additionally, Shields has earned income through sponsorships with major brands and her venture into mixed martial arts (MMA), including a multi-fight deal with the Professional Fighters League (PFL). Her sponsorships include associations with companies like Nike, Under Armour, and Puma.
These sponsorships have contributed significantly to her net worth. Additionally, she signed a promotional agreement with Salita Promotions in 2017 and inked a multi-fight deal with BOXXER and Sky Sports in November 2021, reportedly worth seven figures for up to three fights.
Real Estate
Claressa Shields celebrated a significant personal milestone by becoming a homeowner at the age of 25. This achievement was shared on her Instagram account as she entered the 25th chapter of her life, marking yet another accomplishment in her illustrious career.
Shields expressed gratitude and attributed her success to self-belief, hard work, and divine favor. This step into homeownership adds to her notable achievements as a unified junior middleweight champion and undisputed middleweight champion in boxing (source: DAZN News US.
Claressa Shields net worth is estimated to be about $5 million, this is inclusive of her wealth in real estate.
Charity
Claressa Shields is actively involved in charity work, particularly in her hometown of Flint, Michigan. She hosts an annual toy drive, which she has been doing for four consecutive years as of 2023.
This initiative is part of her broader efforts through the Shields Community Outreach Program, aimed at supporting families in need throughout the year.
Her charity work includes various activities such as Thanksgiving dinners, back-to-school giveaways, Easter bike giveaways, and providing essential items like hats and coats.
Notable Claressa Shields Quotes
Life Lessons to Learn From Claressa Shields Success
1. Resilience in the Face of Adversity
Shields overcome significant challenges from her childhood, teaching the value of resilience and using difficulties as motivation
2. The Importance of Self-Belief
Her journey emphasizes the importance of self-confidence in achieving goals, highlighting how believing in oneself is crucial for success.
3. Dedication to Craft
Shields’ commitment to boxing from a young age showcases the importance of dedication and consistent effort in mastering a skill.
Frequently Asked Questions -Claressa Shields Net Worth
What is Claressa Shields fight record?
Claressa Shields’ professional boxing record stands at an impressive 14 wins, 0 losses, and 0 draws. Out of these 14 victories, 2 have been by knockout. Her last fight took place on June 3, 2023, against Maricela Cornejo, where she won by unanimous decision. Shields has successfully maintained an undefeated record in her professional boxing career.
Does Claressa Shields have any kids?
Claressa Shields does not have any biological children. However, she has shown a strong desire to be a mother. In 2014, she attempted to adopt her cousin’s child, demonstrating her willingness to take on a parental role.
Who trained Claressa Shields?
Claressa Shields was trained by Jason Crutchfield. Crutchfield played a significant role in her development as a boxer, starting from her early days in the sport.
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Final Thoughts
Claressa Shields is a remarkable figure in the world of boxing, known for her exceptional skill, resilience, and dedication. Overcoming early life challenges, including speech difficulties and a tough upbringing in Flint, Michigan, she has risen to become a two-time Olympic gold medalist and an undefeated professional boxing champion.
As of 2024, Claressa Shields net worth is estimated to be $5 million.