Mike Tyson Net Worth in 2024!

Hi there! discover the famous boxer Mike Tyson net worth at Gift-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.

Mike Tyson

Mike Tyson was born on June 30, 1966, in the United States. He was a competitive boxer from 1985 to 2005. At the beginning of his career, Tyson was known as “Iron Mike” and “Kid Dynamite.” These days, he is called “The Baddest Man on the Planet” and is thought to be one of the greatest heavyweight champions of all time. He was without a question the best heavyweight boxer in the world from 1987 to 1990. Out of Tyson’s first 19 professional fights, 12 were over in the first round. Tyson is the youngest boxer to ever win a heavyweight title now. It was 20 years, 4 months, and 22 days ago that he did it. He won the WBA, WBC, and IBF heavyweight titles all at the same time, making him the first fighter to do so. Also, Mike was the only heavyweight to win 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: A boxer from the United States named Mike Tyson is worth $10 million. At the height of his fame, Tyson was worth $300 million. We’ll talk about how Mike Tyson made hundreds of millions of dollars from fights and deals in the next two parts. He also lost a lot of money and was ripped off by agents and promoters in the past. It was 2003 when Mike filed for bankruptcy. At that point in the bankruptcy case, he was said to owe $23 million. Reports say that Mike was having a lot of money problems 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

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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
Mike Tyson Net Worth

Early Life

Michael Tyson was born in Brooklyn, New York, on June 30, 1966. He is known as Mike Tyson. Tyson grew up in a bad neighborhood, and his dad was a crook and gambler. Tyson and his mom had to move when he was ten years old because they didn’t have enough money. By the time he was 13, Mike had been caught for 38 crimes. Bigger kids would pick fights with him because they thought his voice was funny (Tyson has a lisp). A boxer who used to work with kids in juvenile prisons saw how good Tyson was at fighting while he was in school.

He worked with a few trainers before he met Cus D’Amatto, who would have a huge effect on the fighter who would become a boxing champion. When Tyson was 16, his mother died, and D’Amatto took care of him. Tyson has also worked with Kevin Rooney since he was young.

Tyson’s Boxing Career

Tyson first turned pro as a fighter in the Junior Olympics, where he won two gold medals in 1981 and 1982. He fought in the 1984 Summer Olympics as well, but Henry Tillman beat him twice. Tyson’s first professional fight was when he was 18. In the first round, he beat Hector Mercedes by TKO. In the first round, Tyson often stopped fights. This was the start of a trend that would grow. In each fight, Tyson faced a tougher opponent than the last one. A lot of people thought he would become famous very quickly. While Tyson was still young, Cus D’Amatto died in 1985, and he lost a father figure. Many people told Tyson afterward that this would make his life less safe in the future.

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.

Tyson’s Endorsements

In 1986, Tyson became the youngest heavyweight winner ever. He did marketing work for a lot of big companies, such as Pepsi, Nintendo, Eastman Kodak, and EA Sports. However, brands stayed away from Tyson when they found out that he was hitting Robin Givens, who was his wife at the time.

New endorsements for Mike Tyson are for starting his ranch and offering things. He even came up with a new sound-based food called “Mike’s Bites,” which is a nod to his great fight with Evander Holyfield.

Getting roles in movies and TV shows helped Tyson fix his public image, which led to new backers. Brands like CopperGel, Black Energy Drink, Smart Cups, and more have been sponsoring Mike Tyson over the last few months.

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.

Social Media Accounts

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

Investments

It was also important to Tyson that small businesses were legal. So, in 2017, he opened the “Tyson Ranch” and now sells more than £500,000 worth of medical marijuana every month.

“Hotboxin’ with Mike Tyson,” his famous show, is set close to the ranch.

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Car Collection

Mike bought over 100 cars when he was at the top of his game, when he was rich and powerful. A special edition Bentley Continental SC worth $500,000 was one of the cars he owned. There were just 73 of these cars ever made. Aside from that, he owned a Mercedes-Benz 500, a Range Rover, a few Lamborghinis, and a Rolls-Royce from 1995 that he crashed and damaged. He told the shop where he left the Rolls-Royce to keep it.

Car Collection

One of the most important cars he owned was a 1996 Ferrari F50. There were only 349 F50s made by Ferrari, and only 55 were sent to the US. Mike Tyson’s Ferrari F50 has the license plate number 104220. On February 13, 1996, the last one of these cars was made. Back in 2001, Mike sold his F50 to a tech entrepreneur named Kevin Marcus. That was two years before he filed for bankruptcy, owing $23 million. Before Google bought InfoSpace, Marcus worked for a search engine called InfoSpace. Before it was sold at sale in August 2022, the F50 changed hands twice more. At that sale, it sold for $4.625 million.

Conclusion

In conclusion, Mike Tyson went from living in a rough part of Brooklyn to becoming one of the most famous fighters in history. Tyson had a hard life and lost a lot of money, but he will always be known as the best heavyweight boxer of all time. Boxing and pop culture were changed a lot by Tyson, from his early years when Cus D’Amato taught him to his rise to fame. Tyson has had issues with his personal life and money, but he has found new ways to be successful, such as with his show and dairy business. Tyson is still a fascinating guy to look at, even after everything. He shows that if you want to be successful in the long run, you need to keep going and try new things.

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.