Luis Álvarez Renta Republic. Arriving in Venezuela with twenty dollars and a suitcase, Álvarez Saviñón was able to re-establish his fortune in Venezuela. It was said that in Caracas, "anywhere you looked something had been built by Virgilio Álvarez." His mother, Thelma Renta, was the sister of fashion designer Oscar de la Renta, and a major social figure in the Dominican Republic in her own right. Álvarez Renta studied in Venezuela and the Dominican Republic, eventually earning a full scholarship to a Dominican University. He was also able to study in the United States, attending both the University of Michigan and Washington University
Oscar De La Hoya vs. Manny Pacquiao sold out just hours after they went on sale. The total gate revenues were said to be nearly $17 million. That amount apparently gave the bout the second-largest gate revenue in boxing history (after the De La Hoya-Mayweather Jr. fight on May 5, 2007 which generated $18.4 million in gate revenue). Manny Pacquiao soundly defeated Oscar De La Hoya, surprising many pre-fight analysts who had predicted a victory by De La Hoya. The fight ended at the beginning of the 9th round after Oscar and his corner threw in the towel. On round 1, De La Hoya's opening punches miss