Mike Tyson net worth: How much is the boxing icon worth today

Mike Tyson bio
Photo Credit: cnn.com

Mike Tyson net worth.

Mike Tyson born Michael Gerard Tyson is an American former professional boxer who competed from 1985 to 2005.

A member of street gangs in his youth, Tyson was sent to reform school, where his boxing talent was discovered.

He turned professional in 1985 and won the heavyweight title in 1986 by defeating Trevor Berbick, becoming, at age 20, the youngest heavyweight champion in history.

Mike Tyson net worth
Photo Credit: cnn.com

He defended the title against Larry Holmes, Michael Spinks, and eight others before losing in an upset to James (“Buster”) Douglas in 1990.

In 1992 he was convicted of rape and sentenced to six years in prison; he was released on parole in 1995.

In 1996 he challenged but lost to Evander Holyfield; in a 1997 rematch he was disqualified for biting off a piece of Holyfield’s ear, and his license was revoked.

In 1999 Tyson regained his boxing license and returned to the ring.

In his bout against British heavyweight champion Lennox Lewis in 2002, Lewis twice knocked Tyson to the canvas before knocking him out in the eighth round.

Mike Tyson bio
Photo Credit: cnn.com

Who is Mike Tyson?

Mike Tyson was born Michael Gerard Tyson  on June 30, 1966, in Brooklyn, New York, to parents Jimmy Kirkpatrick and Lorna Tyson.

When Michael was two years old his father abandoned the family, leaving Lorna to care for Michael and his two siblings, Rodney and Denise.

Struggling financially, the Tyson family moved to Brownsville, Brooklyn, a neighborhood known for its high crime. Small and shy, Tyson was often the target of bullying.

To combat this, he began developing his own style of street fighting, which ultimately transitioned into criminal activity.

His gang, known as the Jolly Stompers, assigned him to clean out cash registers while older members held victims at gunpoint. He was only 11 years old at the time.

He frequently ran into trouble with police over his petty criminal activities, and by the age of 13, he had been arrested more than 30 times.

Tyson’s bad behavior landed him in the Tryon School for Boys, a reform school in upstate New York.

At Tryon, Tyson met counselor Bob Stewart, who had been an amateur boxing champion. Tyson wanted Stewart to teach him how to use his fists.

Stewart reluctantly agreed, on the condition that Tyson would stay out of trouble and work harder in school.

Previously classified as learning disabled, Tyson managed to raise his reading abilities to the seventh-grade level in a matter of months.

He also became determined to learn everything he could about boxing, often slipping out of bed after curfew to practice punches in the dark.

Biography Mike Tyson bio

Mike Tyson Net Worth

According to sites like Celebrity Net Worth, Mike Tyson’s net worth in 2023 is $10 million.

During his heyday, Mike was one of the most famous and highest-paid athletes in the world. He was the youngest champion in history at age 20.

Unfortunately, he squandered and/or was bilked out of a personal fortune that topped $300 million at his peak.

Mike declared bankruptcy in 2003. According to the bankruptcy filing, he was reportedly $23 million in debt at that point.

During his career, Mike Tyson earned at least $430 million in purses and endorsements, roughly $700 million after adjusting for inflation.

Frequently Asked Questions

How much is Mike Tyson worth?

Mike Tyson’s net worth is estimated to be $10 Million.

How old is Mike Tyson?

Mike Tyson was born on June 30, 1966, and is currently 57 years old.

How tall is Mike Tyson?

Mike Tyson’s height is 1.78 m, which is equal to 5 ft 10 in.

Summary

Although Mike Tyson has struggled during his career with multiple issues, he still remains one of the greatest boxers of all time. Today, Mike Tyson’s net worth is just $10 Million.

Hopefully, this article was able to provide you with all the necessary information about Mike Tyson net worth.

ALSO READ: Mike Tyson | Bio, Age, Height, Net worth, Parents, Siblings, Wife, Children

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