What is Mike Tyson’s net worth? How much money did he make during his boxing career?
Tyson will be back in the ring in July when he will be taking on Jake Paul. How much money has he made during his career?
Mike Tyson has been one of the best boxers of all time but he has also become a celebrity due to his controversies inside and outside the ring. After retiring in 1995, his persona is almost as relevant as it was in his prime when he pummeled opponent after opponent.
While he was a boxer, he was brilliant, recording impressive knockouts and getting to the summit of the sport at a very young age. However, he was also in the spotlight due to his unsportsmanlike behavior and aggressivity, which led him to bite Evander Holyfield’s ear and engage in different brawls with some of his opponents. He’s also known for his rocky relationships, his problems with law, and for his time in jail, where he converted to Islam.
Those chapters of his life made him an icon beyond boxing and took him to several TV shows and movies, like The Hangover and The Hangover II.
Now his name is everywhere once again, as he will fight again in July. He will take on the social media celebrity and boxer Jake Paul in a fight that is expected to be followed by many sports fans.
What is Mike Tyson’s net worth?
Tyson was one of the best fighters the sweet science has ever seen. He became the youngest heavyweight champion of the world and his boxing style, based on his relentless movement and pressure and his devastating power, attracted all of the attention in the 80′s.
The Brooklyn native earned lots of money during his career, but with the same ease he made money, he spent it. Tyson won over $300 million as a boxer but ended up losing it all.
According to Forbes, Tyson’s total career earnings could even have been as high as $685 million, but he wasn’t very much into saving and declared bankruptcy in 2003, reporting he had $23 million worth of debt.
“The money didn’t run out right away, it took like 15 or 16 years for me to go broke”, he said remembering those years, when he bought houses, luxury cars, and even tigers.
“I was doing a lot of foolish things like, ‘Hey baby, do you like that car? Okay, come and spend the weekend with me,’ pure crazy stuff you can do with your money”, he added.
According to Celebrity Net Worth, his current net worth is $10 million. How has he financially recovered? He took advantage of appearing in TV shows and movies, as well as producing a successful podcast on boxing, called Hotboxin’ With Mike Tyson.
Moreover, he has his weed ranch, called the Tyson Ranch, where he grows and sells his brand of weed. It is estimated to sell over $500,000 worth of weed a month.
The exhibition bouts are another money resource. After facing Roy Jones Jr. in 2020, he will now take on Jake Paul in what is expected to be a lucrative night for the living legend.
How much did Mike Tyson make in his fights?
Tyson’s biggest success at the age of 20 came after defeating Trevor Berbick in style, becoming the heavyweight champion, and earning $1.5 million for that fight. His status changed after that and he started receiving way bigger paydays throughout the 90s.
He earned $30 million for his clashes with Frank Bruno and his two mega fights against Evander Holyfield. During his first fight against The Real Deal, Tyson lost via TKO in the 11th round in 1996, while he was disqualified for biting Holyfield’s ear in the third round of a fight that took place a year later.
However, the biggest amount of money that Iron Mike has ever earned inside the ring was against Lennox Lewis in 2002. He earned $35 million in a fight that lasted eight rounds, before being defeated by knockout by The Lion.