Boxing
What is Mike Tyson’s net worth? How much money did he make during his boxing career?
The legendary Iron Mike was one of the most feared heavyweight boxers ever, earning millions per fight.
Mike Tyson (50-6-0, 44 KO) will return to the ring to face the boxer and YouTuber Jake Paul (9-1-0, 6 KO) on Saturday, November 16 at the AT&T Stadium in Arlington, Texas. The fight will be broadcast on the popular streaming network Netflix.
When did Mike Tyson retire?
Iron Mike, as he is remembered, retired in June 2005 after losing to Danny Williams (55-33-0, 42 KO), but he always stayed close to the boxing world and has been present in multiple world championship events.
Mike Tyson’s boxing millions
After making a huge impact in the sport, the legendary boxer earned more than $20 million per fight. His most lucrative event was the one against Evander Holyfield on June 28, 1997, in which he earned $30 million.
It is estimated that during his entire active boxing career, Tyson earned $300 million. However, he ended up squandering due to bad financial decisions and excesses. He was also sentenced to six years in prison in 1992 and spent more than $50 million in hiring lawyers, among others.
Myke Tyson’s expenses after being in prison from 1991 to 1995:
- $4.5 million in cars and motorcycles
- $400,000 in pigeons and tigers
- $300,000 in his garden maintenance
- $230,000 in cell phones, pagers and telephone bills
- $125,000 per year in a felines trainer
- $100,000 a month in jewelry and clothing
Forbes magazine notes that his earnings could have reached up to $700 million, including $430 million in sponsorships.