Mike Tyson

Mike Tyson net worth: The boxing icon is this wealthy

Without a doubt, Mike Tyson is one of the greatest heavyweight boxers in the history of the sport, as well as a testament to overcoming a childhood full of deprivation and surrounded by gangs to succeed and create an enviable net worth.

Tyson’s life was extremely tough from his early years, born in Brooklyn, New York on June 30, 1966 and surrounded by poverty, violence and growing up next to a criminal stepfather, so that by the age of 13 he already had 38 charges.

It was only because a juvenile prison officer and a former boxer noticed Tyson’s fighting ability in school that he tried his hand at boxing, a sport that allowed him to meet Cus D’Amatto, who in addition to training him became his legal guardian when Mike turned 16.

Iron Mike begins successful boxing career

Tyson excelled in the Youth Olympic Games in 1981 and 1982, winning gold medals, although in the 1984 Summer Olympics Henry Tillman knocked him out twice, but that did not prevent him from making his debut as a professional boxer at the age of 18, defeating Hector Mercedes by technical knockout in the first round.

Thus Iron Mike, as he was known in boxing, became a star in the sport, but in 1985 he suffered a tough loss after the death of D’Amatto. In the following years, Tyson established himself as one of the most knockout fighters, but in 1990 he suffered his first professional loss to Buster Douglas, after he fired his trainer Kevin Rooney.

In addition, legal problems landed Tyson in prison for rape, being jailed for six years and having to register as a sex offender after his parole.

A bumpy return to boxing

Once free, Tyson resumed his boxing career and regained his belts although he lost his WBA title to Evander Holyfield and in the rematch fight Mike’s controversial double bite to Evander’s ear occurred.

In 1999 he spent nine months in prison for allegedly assaulting two motorists and after years in which he had several fights, comebacks and injuries, as well as defeats, he retired from boxing in 2005.

Bankruptcy and millions lost by Tyson

Due to mismanagement of his finances and being swindled, Tyson lost close to $300 million and in 2003 he declared bankruptcy with a debt of $23 million, even though he earned $430 million in prizes and sponsorships throughout his career.

However, over the years, Tyson managed to recover through business ventures and movie appearances, as well as other projects.

Mike Tyson net worth

According to sites like Celebrity Net Worth, Mike Tyson’s net worth in 2022 is $10 million.

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