Mike Tyson, born as Michael Gerard Tyson is the youngest heavyweight champion in the history of boxing. Throughout his career, he has been able to gain a lot of fans and achievements. He once used to be one of the richest athletes however due to improper financial decisions he lost most of his money and his net worth now is only $1million.
Image: Mike Tyson posing for a picture in the ring
Mike Tyson’s net worth and income
“Iron Mike”, in the peak of his career, was paid nearly $30 million per fight making him one of the most expensive boxers alive, Mike bought almost 200 cars throughout his career that was worth approximately $4.5 million.
However, due to his lavish living and careless spending his net worth plummeted from $300 million to the condition where he had $38 million debt in 2004. Retired Tyson’s source of income these days is through acting and he is paying off his debts.
The ex-boxer has currently an estimated net worth of $1 million. However, Tyson has recently purchased a $2.5 million mansion in Henderson, Nevada.
Mike Tyson’s career and accomplishments
Mike Tyson was born to Lorna Tyson and Jimmy Kirkpatrick on June 30, 1996, in Brooklyn, New York.When Tyson was just 2, his father left his family and never came back. He had very hard times during his childhood as a ghetto child. He was frequently teased by the other street children with whom he used to get involved in serious fights. Due to his frequent involvement in crime acts, he was sent to juvenile prison from where he got the chance to meet his coach, Cus D’Amato. Amato not only became his coach but also his legal guardian after the death of his mother. This started the career of a legend.
Image: Mike Tyson with his signature hook punch
Tyson, because of his speed and strength in boxing, later got the name “Iron Mike”. In 1986, Tyson won the first WBC (World Boxing Council) Heavyweight Championship and thus became the youngest (20 years) Heavyweight Champion in the history. Later on, he went on to win many fights and was able to collect the titles of WBA, WBC, and IBF.
He is also involved in social welfare through his non-profitable organization which specifically deals with kids and homeless people. The organization provides its helpless people with health, education, job and so on.
Apart from his controversial yet successful professional life, Mike had a very complicated personal life as well. Tyson had 3 failed marriages. Currently, he is married to his longtime girlfriend Lakiha “Kiki” Spicer after the divorce with his previous wives. He was even sent to prison for a rape case from 1992 to 1995. Tyson, inside the ring, was a furious boxer. He bit Holyfield’s ear and was disqualified which made him lose his boxing license. Although he had many bitter controversies in sports history, Tyson has somehow managed to win the heart of his fans.
The legendary boxer Tyson is now involved in the film industry and is making many appearances in movies. We wish Tyson all the best.
Want to wish the legend all the best? Please leave your comments below.