From $400m to $10m – Mike Tyson’s Net Worth hits an all-time low

Published by

6 days ago

Mike Tyson is an American former professional boxer and here is more about his net worth, salary, records, and endorsements

Mike Tyson is undoubtedly a legendary boxer who is known as “The Baddest Man on the Planet”. Let’s know more about his net worth.

Mike Tyson Facts

Birth Place	New York City, U.S.
Father’s Name	Jimmy Kirkpatrick
Mother’s Name	Lorna Smith Tyson
Star Sign	Cancer
Wife	Robin Givens (1988-89) Monica Turner (1997-2003) Lakiha Spicer (2009-)
Children	Miguel Leon Tyson, Exodus Tyson, Rayna Tyson, Mikey Lorna Tyson, Milan Tyson, Amir Tyson, Morocco Tyson
Net Worth	$10 million
Age	57 years
Date of Birth	June 30, 1966
Nationality	American
Height	5 ft 10 in (178 cm)
Weight class	Heavyweight
Reach	71 in (180 cm)
Stance	Orthodox
Nickname(s)	Iron Mike Kid Dynamite The Baddest Man on the Planet
Endorsements	Smart Cups, Parimatch, Manscaped, and CopperGel

Michael Gerard Tyson or Mike Tyson is a former American boxer. His successful boxing tenure was from 1985 to 2005. He was also nicknamed “Iron Mike” and “Kid Dynamite” and later as “The Baddest Man on the Planet”. He was one of the greatest boxers of all time in the heavyweight category.

His successful journey started from his first fight. He won all of his first 19 fights by knockouts. He claimed his first belt at the age of 20 and he holds the record of the youngest boxer ever to win a heavyweight title in the history of boxing. He also won simultaneous titles such as WBA, WBC, and IBF. He reigned as the undisputed world heavyweight champion from 1987 to 1990.

Tyson has also appeared in the film Entourage, as he remains very much in the public eye. (Credit: SPLASH NEWS)

Mike Tyson Boxing record

Total fights	58
Wins	50
Wins by KO	44
Losses	6
No contests	2

Mike Tyson’s net worth and salary

According to sources, Mike Tysons’s net worth is about $10 million. The illustrious career that Tyson’s had, is priceless. However, Tyson lost a huge amount of money due to lawsuits and other legal procedures. Moreover, he was a spendthrift and his luxurious life made him spent all his hard-earned money. He bought expensive mansions and cars which turned him bankrupt. Had he never gone bankrupt his net worth would have been in the region of three-digit millions.

He had also earned a good sum of money in his comeback fight against Roy Jones Jr. Even after losing a huge amount of money due to his ambitions, he earned about $375 million through fight purses. He also charged a high amount of $3.5 million for his guest appearance in WWE Wrestlemania XIV.

Mike Tyson destroyed champion Trevor Berbick to become the youngest ever heavyweight world champion back in 1986. (Credit: GETTY IMAGES)

Of late, Tyson has picked himself financially up through various business ventures and a successful YouTube podcast – Hotboxin’ With Mike Tyson.

Mike Tyson’s personal life

Born in New York City, Tyson is the son of Jimmy Kirkpatrick and Lorna Smith Tyson. Notably, Tyson’s biological father is Purcell Tyson. Furthermore, Tyson has two brothers named Rodney Tyson and Jimmie Lee Kirkpatrick and one sister named Denise Tyson. Unfortunately, his sister, Denise, died of a heart attack at age 24 in February 1990.

Tyson’s life is full of controversies and mystery. He came to the limelight after being accused of rape and domestic violence. In 2024, he will fight against the YouTuber, Jake Paul. Fans can watch this epic boxing match on Netflix.

Tyson is the father of seven children – Miguel Leon Tyson, Exodus Tyson, Rayna Tyson, Mikey Lorna Tyson, Milan Tyson, Amir Tyson, and Morocco Tyson. His post-married life with his first wife Robin Givens was full of problems and lead to a divorce. His second and third wife was Monica Turner and Lakisha Spicer. His life was full of extravaganza for which he turned into a bankrupt.

Mike Tyson’s Wives

Tyson got married to three women and he has seven children altogether. He also considers his second wife’s eldest daughter as his child. Actress Robin Givens was his first wife from Feb 7 1988 to Feb 14, 1989. There were allegations of domestic violence on Tyson. His second wife was Monica Turner. Their marriage lasted from April 19, 1997, to January 14, 2003. Tyson wed for the third time on June 6, 2009, with his girlfriend Lakiha Spicer, aged 32, in a private ceremony in Las Vegas Hilton.

Tyson was convicted of rape in 1992 and served three years of a six-year sentence before making a boxing comeback (Credit: AP: ASSOCIATED PRESS)

Mike Tyson’s Endorsements

Mike Tyson became the youngest heavyweight champion in 1986. Soon, he got various endorsement deals from the most reputed and popular brands like Pepsi, EA Sports, Nintendo, etc. However, his reputation and popularity got disturbed when the news of hitting his ex-wife, Robin Givens came out. He has bought a house in Henderson, Nevada.

Mike Tyson regained his popularity by acting in various movies and TV shows, which helped him getting new brand endorsements. Some of the current brand endorsements include Smart Cups, Parimatch, Manscaped, CopperGel, etc.

Mike Tyson was once the richest boxer in history with $400 million, but he lost his wealth to ex-wife and debts. Tyson also accused Don King after losing 50% of his earnings.