Mike Tyson Net Worth in 2024!

Hi there! Explore Mike Tyson net worth at SGX-Nifty. Mike Tyson is considered one of the most feared punchers in boxing history, having carried an 88% KO ratio and reigned as the undisputed champion of the division from 1987 to 1990. In this article, we explore Mike Tyson net worth, Career, and personal information.

Who is Mike Tyson

Michael Gerard Tyson is an American former professional boxer who was born on June 30, 1966 and fought from 1985 to 2005. Though he was called “Iron Mike” and “Kid Dynamite” early in his career, Tyson is now known as “The Baddest Man on the Planet” and is considered one of the best heavyweight fighters of all time. From 1987 to 1990, he was without a doubt the best heavyweight boxer in the world. Twelve of Tyson’s first 19 professional fights were over in the first round by knockout. As of now, Tyson is the youngest fighter to ever win a heavyweight title. He did it when he was 20 years, 4 months, and 22 days old. He was the first heavyweight boxer to win the WBA, WBC, and IBF titles all at the same time. Mike was also the only heavyweight to unify all three titles in a row.

Mike Tyson

Tyson became the undisputed winner the next year by knocking out Michael Spinks in just 91 seconds of the first round. Tyson was knocked out by Buster Douglas in 1990, which was one of the biggest upsets in the history of boxing.

Mike Tyson Biography

Real NameMichael Gerard “Mike” Tyson
Nick NameIron, Kid Dynamite, The Baddest Man on the planet
ProfessionAmerican former Professional Boxer
Place Of BirthBrooklyn, New York City, New York, U.S
Mike Tyson  ReligionIslam
Mike Tyson Date Of Birth30 June 1966
Mike Tyson Age57 Years
Mike Tyson Height5 Feet 10 Inches
Mike Tyson Weight109 KG
Mike Tyson EducationDoctorate in Humane Letters
Mike Tyson Debut1985
Coach/MentorCus D’Amato
NationalityAmerican

Mike Tyson Net Worth

Mike Tyson Net Worth: An American fighter named Mike Tyson has a net worth of $10 million. Tyson was worth $300 million at the height of his career. As we’ll talk about in the next two parts, Mike Tyson made hundreds of millions of dollars from purses and endorsements for his career. He also spent a lot of money and was ripped off by past managers and promoters. In 2003, Mike filed for bankruptcy. He was said to be $23 million in debt at that point in the bankruptcy case. According to reports, Mike was having a lot of money issues as late as 2010.

Mike Tyson Net Worth

NameMike Tyson
Mike Tyson Net WorthApprox $10 Million
Mike Tyson ResidenceHenderson, Nevada
Sources of WealthFormer Pro Boxer, Acting, Ranch, and Podcasting
Mike Tyson SalaryRetired
Last UpdatedJanuary 2024

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Mike Tyson Family

NameMike Tyson
Mike Tyson FatherPurcell Tyson
Mike Tyson’s Step FatherJimmy Kirkpatrick
Mike Tyson MotherLorna Smith
Mike Tyson BrotherRodney Tyson, Jimmie Lee Kirkpatrick
Mike Tyson’s SisterDenise Tyson
Mike Tyson WifeLakiha Spicer
Mike Tyson SonAmir Tyson, Miguel Leon Tyson, Morocco Tyson, D’Amato Tyson
Mike Tyson DaughterRayna Tyson, Exodus Tyson, Milan Tyson, Mikey Lorna Tyson
Career

Mike Tyson’s Early Life

Michael Gerard Tyson was born on June 30, 1966, in Brooklyn, New York. He is better known as Mike Tyson. Tyson grew up in a bad area, and his stepfather was a criminal and gambler. Tyson and his mom had to move when he was ten years old because they were having money problems. Mike had been arrested for 38 crimes by the time he was 13. He often fought with bigger kids who made fun of his voice (Tyson has a lisp). A former boxer who worked with kids in youth detention noticed Tyson’s fighting skills while he was in school.

After working with a few coaches, he finally got together with Cus D’Amatto, who would have a huge impact on the future boxing champion. It was D’Amatto who took care of Tyson after his mother died when he was 16. From a young age, Tyson also worked with Kevin Rooney.

Mike Tyson’s Boxing Career

Tyson became a professional boxer for the first time in the Junior Olympics, where he won gold medals in 1981 and 1982. He also fought in the 1984 Summer Olympics, but Henry Tillman beat him twice. When he was 18, Tyson fought for the first time as a professional. He defeated Hector Mercedes by TKO in the first round. Tyson often stopped fights in the first round, and this would be the start of a growing trend. Tyson kept fighting tougher opponents than the ones he had already fought, and many people thought he would become famous very quickly. Cus D’Amatto died in 1985, and Tyson lost a father figure early in his career. Afterward, many people said that this would make Tyson’s later life less stable.

Mike Tyson Net Worth

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Mike Tyson Record

Tyson ended his boxing career with a record of 50 wins (44 KOs), six losses, and two no-contests. His two wars with Evander Holyfield, and the fights against Lennow Lewis, Buster Douglas, and Michael Spinks are among some of the most remembered ones.

Mike Tyson’s Career Earnings

Even though millions of dollars from Tyson’s riches were stolen, he still made about $375 million.

Below are his top 10 fight purses:

FightsPurseYear
Danny Williams$27 Million2004
Donovan Ruddock$30 Million1991
Peter McNeeley$30 million1995
Evander Holyfield$30 Million1996
Evander Holyfield$30 million1997
Kevin McBride$30 million2005
Julius Francis$30 million2000
Frank Bruno$35 million1996
Bruce Sheldon$35 million1996
Lennox Lewis$35 Million2002

He made about $3.5 million for being a guest on WWE WrestleMania XIV. It is thought that Tyson made a huge $10 million pay in his comeback fight against Roy Jones Jr.

Mike Tyson Endorsements

Tyson became the youngest heavyweight champion in history in 1986. A lot of big brands, like Pepsi, Nintendo, Eastman Kodak, and EA Sports, signed marketing deals with him. But when brands learned that Tyson was hitting Robin Givens, who was his wife at the time, they naturally started to stay away from him.

Mike Tyson’s newest endorsements are for starting his ranch and selling goods. He even started a new sound-based food called “Mike’s Bites,” which is a reference to his amazing fight with Evander Holyfield.

Tyson cleaned up his public image by acting in some movies and TV shows, which led to new sponsors. In the past few months, brands like CopperGel, Black Energy Drink, Smart Cups, and more have sponsored Mike Tyson.

Mike Tyson’s House

Tyson lives in Henderson, Nevada, at the moment. Reports say Tyson paid £2.5 million for the 8,148-square-foot home in 2016.

House

For those who are interested, it’s not the house from The Hangover. The well-known “Seven Hills Mansion” in Las Vegas was used in the movie. In 2016, Tyson put that house on the market for $1.5 million.

Mike Tyson’s Social Media Accounts

Social MediaAccounts
Mike Tyson Instagrammiketyson
Mike Tyson TwitterMike Tyson
Mike Tyson FacebookMike Tyson
Mike Tyson YoutubeMike Tyson

Mike Tyson’s Investments

Tyson was also interested in legalizing small businesses. Because of this, he started the “Tyson Ranch” in 2017 and now sells more than £500,000 worth of medical marijuana every month.

His well-known show, “Hotboxin’ with Mike Tyson,” is based close to the ranch.

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Mike Tyson Car Collection

In his prime, when he was very rich and powerful, Mike splurged on a collection of over 100 cars. One of the cars in his collection was a limited edition Bentley Continental SC worth $500,000. There were only 73 of these cars ever made. Besides that, he had several Lamborghinis, Ferraris, a Mercedes-Benz 500, a Range Rover, and a 1995 Rolls-Royce that he later crashed and destroyed. He told the car shop where he left the Rolls-Royce to keep it.

Car Collection

A 1996 Ferrari F50 was one of the most important cars he owned. Ferrari only made 349 F50s, and the US only got 55 of them. The plate number for Mike Tyson’s Ferrari F50 is 104220. The last model of this car was made on February 13, 1996. Mike sold his F50 to a tech entrepreneur named Kevin Marcus in 2001, two years before he filed for bankruptcy with $23 million in debt. Marcus worked for a search engine called InfoSpace before Google bought it. The F50 changed hands twice more before it was sold at auction in August 2022. It went for $4.625 million at that sale.

Conclusion

In wrapping up, Mike Tyson’s rise from a rough part of Brooklyn to become one of the most famous boxers in history is truly amazing. Even though Tyson had a rough life and lost a lot of money, he will always be remembered as a fearsome puncher and undisputed heavyweight king. Tyson had a huge effect on boxing and pop culture, from his early years when Cus D’Amato coached him to his rise to fame. Tyson has had problems in his personal life and with money, but he has found new ways to be successful, like with his ranching business and his famous podcast. Even after everything, Tyson is still an interesting person to look at. He shows that persistence and trying new things are important for long-term success.

FAQs

What was Mike Tyson’s highest net worth?

At his peak, Mike Tyson’s net worth was around $300 million.

How did Mike lose his money?

Mike Tyson was one of the highest-paid athletes of all time but spent so lavishly that he filed for bankruptcy to repay millions in debt in 2003.

What is Mike Tyson’s current net worth?

As of 2024, Mike Tyson is worth $10 million.

What was Mike Tyson’s payment for The Hangover?

According to reports, Mike Tyson earned a lump sum of $100,000 and $200,000 for parts 1 and 2.  

Who is playing Mike Tyson’s role in the limited series “Mike”?

The Moonlight actor Trevante Rhodes plays the role of Mike Tyson in the series.

What’s the best Mike Tyson vape flavor?

When it comes to Mike Tyson’s vape best flavors, it’s worth trying Cool Mint, the Mint Berry, or the Menthol.