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Mike Tyson is one of the most famous boxers of all time. He has a net worth of $3 million.
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Early life and career
Mike Tyson was born on June 30, 1966, in Brooklyn, New York. He began boxing at the age of 12, and by the time he was 13, he had won 28 consecutive fights. At the age of 20, he became the youngest heavyweight boxing champion in history.
Tyson’s career took a tumble after he was convicted of rape in 1992 and spent three years in prison. He made a comeback in 1995, winning several more boxing titles. In 1997, he lost his title to Evander Holyfield in one of the most infamous matches in boxing history – Tyson was disqualified for biting Holyfield’s ear.
In the early 2000s, Tyson’s career went into decline again as he struggled with legal and personal problems. He declared bankruptcy in 2003, and his boxing license was suspended in 2005 after he tested positive for cocaine use.
As of 2020, Mike Tyson’s net worth is estimated to be $3 million dollars.
Rise to prominence
While serving a prison sentence for rape in the early 1990s, Mike Tyson’s boxing career was effectively put on hold. However, upon his release in 1995, he quickly regained the heavyweight championship title that he had lost while incarcerated. He went on to win several more matches, solidifying his reputation as one of the greatest boxers of all time.
However, Tyson’s personal life was often overshadowed by his struggles with addiction and violence. In 1997, he infamously bit the ear of his opponent Evander Holyfield during a match, and in 2002 he was involved in a brawl with Lewis following a press conference for their upcoming fight. These and other controversies took a toll on Tyson’s public image, but he has nonetheless remained a popular figure in the world of boxing.
As of 2021, Mike Tyson’s net worth is estimated to be $3 million.
Controversies
While Mike Tyson’s professional boxing career was nothing short of amazing, his personal life has been full of controversy.
Tyson first made headlines in 1992 when he was convicted of the rape of Desiree Washington, a Miss Black America contestant. He served three years in prison for the crime.
Tyson’s post-prison boxing career was derailed by a series of unpredictable and often violent outbursts. In 1997, he infamously bit the ear of opponent Evander Holyfield during a match, and was subsequently banned from boxing for a year.
In 2002, Tyson plead guilty to cocaine possession and driving under the influence, and was sentenced to probation. The following year, he was arrested again for driving under the influence.
In 2006, Tyson was arrested for disorderly conduct after an altercation with two young men who were allegedly trespassing on his property. The charges were eventually dropped.
More recently, in 2012, Tyson embarked on a hugely successful one-man show called ‘Mike Tyson: Undisputed Truth.’ The show grossed over $4 million dollars and received rave reviews from fans and critics alike.
Later career
Mike Tyson’s net worth is estimated to be around $3 million. After he retired from boxing, Tyson ventured into several different business ventures, including acting and commentator work for boxing events. In recent years, Tyson has been touring the country with his one-man show, “Mike Tyson: Undisputed Truth.”
Retirement
As of 2020, Mike Tyson’s net worth is estimated to be $3 million. He is an American former professional boxer who competed from 1985 to 2005. In 1988, he became the youngest heavyweight champion in history at the age of 20.
Business ventures
Net worth: $3 million (estimated)
In addition to his boxing career, Mike Tyson has had several business ventures, including a stint as a celebrity spokesperson for K-1 boss Kazuyoshi Ishii’s Yukisports International promotional company in Japan; his own retail boxing promotional company Iron Tyson Boxing; appearing in numerous commercials and television programs, including cameo appearances in two episodes of the popular sitcom The Simpsons; writing his autobiography; and launching Mike Tyson Enterprises, which included a one-man show entitled Mike Tyson: Undisputed Truth.
Personal life
Iron Mike Tyson is an American former professional boxer who competed from 1985 to 2005. He reigned as the undisputed world heavyweight champion and holds the record as the youngest boxer to win a heavyweight title at 20 years, four months and 22 days old. In 1987, Tyson added the WBA and IBF titles after defeating James Smith and Tony Tucker in a unification bout. This made Tyson the first heavyweight boxer to hold all three major titles simultaneously.
In 1988, Tyson embarked on an eight-month rape trial after being accused of raping Desiree Washington, a Miss Black America contestant. He was convicted and sent to prison for six years. After his release in 1995, he resumed his boxing career and won the WBC and WBA titles in 1996. He defeated Frank Bruno in 1996 to regain the WBC title and then defeatedEvander Holyfield in 1997 to regain the WBA title. In 2002, he was knocked out by Lennox Lewis in what would be his final professional bout.
Tyson has had several brushes with the law since his retirement from boxing including drug possession, DUI, assault charges and more recently bankruptcy. In 2016, he declared bankruptcy owing creditors between $10 million and $50 million.
Legal troubles
After his release from prison in 1995, Mike Tyson’s net worth was an estimated $10 million. However, his legal troubles and extravagant lifestyle have taken a toll on his finances, and his current net worth is estimated to be around $1-3 million.
Charity work
Besides his impressive career in boxing, Mike Tyson is also known for his charity work. He has worked with a number of charities, including the Make-A-Wish Foundation and the Boys & Girls Club. Tyson has also been active in helping to raise money for a number of causes, including cancer research and relief for victims of Hurricane Katrina.
Net worth
Net worth is a term that describes the total value of an individual’s assets minus liabilities. In other words, it’s an individual’s total savings and investments, including their home equity, minus any debts they may have.
Forbes magazine publishes an annual list of the world’s wealthiest people, and as of 2021, Mike Tyson is ranked 1,382nd with a net worth of $3 million. This puts him far behind the world’s richest man, Jeff Bezos, who has a net worth of $177 billion.
While Mike Tyson’s net worth may seem small in comparison to some of the world’s wealthiest people, it’s important to remember that he is also one of the world’s most successful athletes. He has earned hundreds of millions of dollars in prize money and endorsement deals over his career, and as a result, his net worth is much higher than many other athletes who have not been as successful.
