Contents
How much is Mike Tyson really worth? We take a look at the former heavyweight boxing champion’s net worth, earnings, and more.
Checkout this video:
Early life
Mike Tyson was born on June 30, 1966, in Brooklyn, New York. He was raised in a tough neighborhood and had a rough childhood. His father abandoned the family when Tyson was two years old, and his mother died when he was just sixteen. He was then sent to live with a boxing trainer, Cus D’Amato. Under D’Amato’s guidance, Tyson became a world-class boxer.
Tyson made his professional boxing debut in 1985, at the age of eighteen. He quickly rose to prominence and became one of the most successful heavyweight boxers in history. He won his first nineteen fights by knockout and became the youngest heavyweight champion in history when he defeated Trevor Berbick in 1986.
Throughout his career, Tyson had several notable ups and downs. In 1992, he was convicted of rape and served three years in prison. After his release from prison, he continued to box and even made a comeback to win several championships. However, he eventually lost his titles and retired from boxing in 2005.
In recent years, Tyson has appeared in several films and television shows. He has also ventured into the business world with his own line of cannabis products called “Tusk & Mane.” As of 2021, Mike Tyson’s net worth is estimated to be $3 million.
Professional boxing career
Mike Tyson is an American former professional boxer who competed from 1985 to 2005. He holds the record as the youngest boxer to win a heavyweight title at 20 years, 4 months, and 22 days old. During his career, Tyson became the world heavyweight champion and won the WBA, WBC, and IBF titles. He also holds the record for the most wins in heavyweight title defenses, at 12. Tyson’s career came to an end after he was convicted of rape in 1992 and sentenced to six years in prison. After his release from prison in 1995, he attempted a comeback but lost his WBA and WBC titles to Evander Holyfield in 1996. He retired from boxing in 2005.
As of 2021, Mike Tyson’s net worth is estimated to be $3 million.
Later career
Mike Tyson’s career took a turn for the worse in the late 1990s. He was convicted of rape in 1992 and spent three years in prison. After his release, he made a comeback and won several fights, but he lost his title to Evander Holyfield in 1996. In 1997, he was disqualified from a match against Holyfield for biting off part of his opponent’s ear. Tyson continued to fight sporadically after that, but he never regained his former glory. He declared bankruptcy in 2003, and his net worth is estimated to be negative $38 million as of 2016.
Business ventures
In addition to his boxing career, Tyson has also ventured into business. He has owned several auto dealerships, a real estate development company, a nightclub, and an online gambling site. He has also published several books and made cameo appearances in films and television series. In 2013, he appeared as himself in the film The Hangover Part III. As of 2020, Mike Tyson’s net worth is estimated to be $3 million.
Personal life
Mike Tyson was born on June 30, 1966, in Brooklyn, New York. He was a troubled youth and was first arrested at the age of 13. He spent time in juvenile detention centers and was eventually sentenced to four years in prison for robbery.
Tyson’s boxing career began while he was still in prison. After his release, he quickly rose to prominence in the boxing world, becoming the youngest heavyweight champion in history at just 20 years old.
Tyson’s career was marked by controversy both inside and outside the ring. In 1992, he was convicted of rape and spent three years in prison. In 1997, he infamously bit off part of his opponent’s ear during a fight.
Despite his personal troubles, Tyson remained one of the most popular boxers in the world throughout his career. He retired from boxing in 2005 with a record of 50 wins (44 by knockout) and 6 losses.
So what is Mike Tyson’s net worth today? Estimates vary, but according to Celebrity Net Worth, Tyson is worth an estimated $3 million.
Legal troubles
In the 1980s, Tyson became the most dominant heavyweight boxer in the world, winning his first 19 professional fights by knockout with 12 of them happening in the first round. He won the WBC title in 1986 after defeating Trevor Berbick by TKO, and became the lineal champion after defeating James Smith in 1987. Tyson’s boxing style was often compared to that of heavyweight legend Muhammad Ali, whom he idolized growing up. He was known for his ferocious and intimidating boxing style as well as his controversial Behavior outside the ring.
Health problems
In recent years, Tyson has had numerous legal and financial problems. After his boxing license was permanently revoked in 1997, he devoted himself to pigeon racing. In 2005, he opened a 40-acre (16 ha) tiger sanctuary in rural Syndey, Nevada called the Mike Tyson Ranch. He partnered with the childhood friend and former co-manager John Horne and established Tyson Ranch as a company in 2016. The ranch included an incubation farm where they hatched and raised pigeons for racing purposes.
Tyson declared bankruptcy in 2003, owing approximately $23 million to various creditors. In 2007, he reached a deal with debt collectors that allowed him to pay off his debts over a five-year period; as part of that deal, he auctioned off several personal items, including boxing memorabilia and two of his Bengal tigers. In October 2005, Tyson agreed to award ownership rights of the Mike Tyson brand to asset management firm Asarum LLC for $4 million as part of his bankruptcy proceedings; Asarum subsequently acquired all of Tyson’s intellectual property for $7 million in February 2007.
Philanthropy
In addition to his successful boxing career, Mike Tyson is also known for his philanthropic work. He has donated millions of dollars to various charitable causes, including youth programs and relief efforts.
Awards and honors
As a world champion boxer, Mike Tyson has accumulated a great deal of wealth and accolades over the years. Here is a look at some of his most notable achievements in the sport.
Tyson became the undisputed heavyweight champion in 1988 after defeating Michael Spinks in 91 seconds. He went on to successfully defend his titles against Larry Holmes and Frank Bruno before losing to Buster Douglas in 1990, one of the biggest upsets in boxing history.
In 1992, Tyson regained the WBA and WBC titles after defeating Donovan Ruddock. The following year, he was convicted of rape and sentenced to six years in prison. He was released on parole in 1995 and resumed his boxing career, winning the WBC title for a third time in 1996.
Tyson’s final major title came in 2002 when he won the WBA heavyweight championship after defeating Lennox Lewis. He retired from boxing in 2005 with a record of 50 wins (44 by knockout) and 6 losses.
In addition to his boxing accomplishments, Tyson has also been honored with several awards and accolades over the years. In 2011, he was inducted into the International Boxing Hall of Fame, and in 2012 he received a star on the Hollywood Walk of Fame.
Net worth
As of 2021, Mike Tyson’s net worth is estimated to be $3 million.
Tyson is an American former professional boxer who competed from 1985 to 2005. He is considered one of the greatest heavyweight boxers of all time. During his career, Tyson won 50 of his 58 fights, 44 of them by knockout. He also holds the record for the youngest boxer to ever win a heavyweight title at 20 years, 4 months, and 22 days old.
