Mike Tyson confessed he lost all of the nearly $400 million he amassed during his illustrious boxing career in just 15 years. Tyson said he didn’t regret blowing the money when he was a kid because it was a fun experience. He was in a conversation with the famous rapper DaBaby in his podcast-Hotboxin’ with Mike Tyson. Follow UFC updates with InsideSport.IN.
Mike Tyson blew nearly $400 million for fun
Talking to DaBaby about the money he lost in his early days, the legendary boxer said he blew up $400 million. Tyson added that he was a kid before spending his money, which was a pleasant experience.
One of the greatest boxers of all time and former undisputed heavyweight champion Mike Tyson had a successful career in the ring but little to show for it after wasting all his money. Over the course of his two decades in the ring, “Iron Mike” thought he made close to $500 million.
In an interview, Tyson, 56, admitted that he used to do “crazy s***” with his money and that he spent his final $1 million on rehab.
On The Pivot podcast, he added, “When you’re making that much money, it lasts for a long time. “That didn’t go away immediately; it took around 15 or 16 years to become bankrupt. Hey honey, do you like that car? I’m yelling back. Okay, you spend the weekend with me. Just think of the insane things you can buy with your money.”
Spending his last fight money in rehab
In conversation about his last fight money, he said, “I spent about a million dollars of the remaining money I had earned from boxing on rehab. I purchased a property in Phoenix with the remaining funds—roughly two million dollars. Although it was challenging to sell, someone eventually bought the house and paid me the cash. God is at work in this.”