What is Mike Tyson’s net worth?
Before discussing Mike Tyson net worth, he is a boxing icon who was the world’s undisputed heavyweight champion in August 1987.
Tyson has appeared in several films, including a documentary as well as a Broadway show about his life. He has witnessed nearly 58 matches in his career, winning 50 of them.
Mike Tyson is considered one of the most famous and highest-paid athletes in the world with a net worth of $ 10 million. He made more than $300 million of his personal fortune at his peak.
In 2003 he declared bankruptcy and according to the bankruptcy case, it was reported that he was in debt worth $ 23 million at that point.
Mike Tyson has earned more than $430 million from portfolios and endorsements.
As of 2022, Mike Tyson net worth is still $10 million.
Mike Tyson Net Worth
It is known that Mike lived a famous luxury lifestyle at its peak, as he owned many mansions, cars, and jewelry that cost him millions of dollars,
He owned a group of Bengal tigers. His tiger cost $70,000 a game to pop, and he kept an animal trainer among the staff at a cost of $125,000 a year.
According to celebritynetworth, Mike has spent the following sums:
- $ 4.5 million for cars and motorcycles (19 vehicles he bought for friends)
- $ 400,000 on pigeons and a variety of big cats such as Siberian Tigers
- $ 300,000 for lawn care and garden maintenance alone
- $ 240,000 a month to get around the money he spent in his everyday life
- $ 230,000 on cell phones, pagers, and phone bills
- $ 125,000 per year for an animal trainer to take care of the big cats
- $ 100,000 a month in jewelry and clothing
He owns a mansion in Ohio that features gilded furnishings, swimming pools, and a basketball court.
Mike owned more than 100 cars during his life, among which a Bentley was one of 73 products in total and cost $ 500,000. He bought 20 cars from one dealer in Las Vegas alone. That dealership, Jim Chesson Motors, is where Mike spent $ 1.5 million, buying five Bentley Azores. The dealer only had two in stock and had to order the remaining three with a fast-tracking speed from Rolls-Royce.
He bought a $2 million golden bathtub for his first wife, actress Robin Givens. He periodically bought lavish gifts for strangers such as $ 100,000 watches.
As of this writing, Mike Tyson has a net of $ 10 million.
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Michael Gerard Tyson was born in Brownsville, Brooklyn, New York City on June 30, 1966. His father is Jimmy Kirkpatrick and his mother is Lorna Smith and he was one of three children of the couple.
After Jimmy Kirkpatrick’s death, the family suffered greatly from financial burdens, moving from Bedford-Stuyvesant to Brownsville when Tyson was ten years old.
Tyson was involved in fights since his early years, and by the time Tyson was a teen, he had already been arrested 38 times for toppling men older and bigger than him on the street.
He completed his studies at Tryon School for Boys in Johnstown. There was Bobby Stewart, a former boxer, whose boxing skills Tyson caught his attention. He coached him a bit before introducing him to Cus D’Amato, who trained him full time and prepared a precise schedule for his training.
Tyson attended Catskill High School and attended school by day and wrestled in the ring in the evening, but he did not complete his studies at that school.
In March 1987, Mike Tyson was awarded the World Boxing Association (WBA) title by defeating James Smith by unanimous decision. He then added the International Boxing Federation (IBF) title by defeating Tony Tucker by knockout in the sixth round.
But the first defeat of his career came in 1990 against Buster Douglas by knockout in the 10th round. Tyson then returned to play a game against Evander Holyfield in the fall of 1991.
He was sent to prison for 3 years and returned to boxing at the end of 1995.
The following year, he played and won against Peter McNeeley in his first game after 4 years, and that match was bought by more than 1.51 million homes, increasing revenue by $ 63 million. He then won the WBC title from Frank Bruno in March 1996.
In doing so, he becomes the first heavyweight boxer to combine the three major titles WBC, WBA, and IBF.
He also won the NBA title by defeating Bruce Sheldon in the first round. Mike Tyson lost in November 1996 to Holyfield by knockout in the 11th round. There was a second match in June 1997 which Tyson lost as a result of his disqualification.
The second fight between Tyson and Holyfield generated more than $ 100 million in revenue with more than 2 million PPV subscribers, and Tyson received $ 30 million from that tournament. After that was his match with Lennox Lewis, who managed with the skill to obtain several world titles at that time. The fight grossed over $ 105 million with 2 million PPV subscriptions. This makes it the most-watched battle in history at the time.
Mike Tyson’s earnings exceeded $ 300 million, and he was inducted into the International Boxing Hall of Fame in 2011.
As of this writing, Mike Tyson has a net of $ 10 million.
Mike Tyson has been married three times and has eight children.
His first marriage to actress Robin Givens was on February 7, 1988, and the couple separated one year after their marriage, and the couple had no children.
On April 19, 1997, Tyson remarried to Monica Turner, and the marriage lasted for five years. The couple had two children, Rayna and Amir.
Tyson lost his daughter, Exodus, in an unfortunate accident in 2009 after she was found unconscious and tied to a rope, and was pronounced dead the next morning.
On June 6, 2009, he married Lakisha ‘Kiki’ Spicer for the third time. The couple has two children, a daughter named Milan and a son named Morocco.
By 2021, Mike Tyson has a net of $ 10 million.
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