Mike Tyson Net Worth 2022
There’s no denying that Mike Tyson is a great fighter. He is one of the best heavyweights in history and holds a record for the youngest heavyweight champion. However, he also made some unfortunate financial mistakes. This cost him millions of dollars.
At one point in his career, Tyson had a net worth of $300 million. However, after his arrest and imprisonment in 1992, his fortunes took a turn for the worse. As a result, he filed for bankruptcy in 2003, and he reportedly had $23 million in debt.
After pleading guilty to rape and serving three years in prison, Tyson was released from prison in 1995. Two years later, he unsuccessfully tried to sell a house in Connecticut for $32 million. The property was sold for $4.1 million. During his career, Tyson has won 50 fights and had six defeats.
Although he is a former professional boxer, Tyson has never stopped boxing and has participated in many exhibition matches. He is known for his ability to knock people out with his powerful punches. In fact, his knockout power has earned him the nickname “the scariest fighter in the world.”
At one time in his career, Tyson had a penchant for lavish spending. For example, he was known to purchase luxury cars and exotic animals. Some of his pets included Bengal tigers. Additionally, he spent millions on extravagant gifts for strangers.
In addition to being an accomplished boxer, Tyson has also acted in films and TV shows. He appeared in several movies, including The Hangover, Ip Man 3, and The Mike Tyson Mysteries. His most popular gigs were in Hollywood. Despite his fame, he was a troubled youth who grew up in a gangland neighborhood. Even as a young boy, Tyson was arrested 38 times for various crimes.
While he had a successful career, Tyson’s net worth has always fluctuated. In fact, it has gone from a high of $300 million to a low of $10 million in recent years. During his heyday, Tyson was the highest-paid athlete in the world. That salary paid for his expensive cars, mansions, and entourage.
When his fighting days were over, Tyson tried to resurrect his career. He signed a contract with Showtime, which covered some of his premiere fights. He earned $8 million for a fight against Danny Williams in 2004, but he was garnished by the IRS for $6 million of his pay.
However, his fortunes have since improved. Currently, Tyson owns a marijuana dispensary in Las Vegas, and he earns half a million dollars a month through his cannabis business. Currently, he is planning to compete against Logan Paul for a fight. Whether or not the two will fight is unknown, but it’s likely that Tyson will do it for a worthy cause.
Tyson’s career took a downward turn, but he has managed to regain his public image and is now ready to return to the ring. If he wins, he will donate his earnings to help the coronavirus pandemic.