The recent announcement of a match between Mike Tyson and Jake Paul has caught the attention of people. Mike is a well-known retired American boxer. At his career peak, he was one of the richest athletes in the world.
Mike Tyson’s Net Worth
Mike Tyson is returning to the ring this year to fight with Jake Paul. Many people think that he is fighting with Jake Paul to regain some of the assets he lost in the 2003 bankruptcy.
According to the Celebrity Net Worth, his net worth estimated in 2024 is $10 million. During his career peak, he was one of the richest and in-demand boxers, his net worth was around $300 million. He was very famous among the audience and used to live a lavish life.
It was very shocking to people when he said that he declared bankruptcy in 2003. He was in $23 million debt at that time.
However, despite his misfortunes, he was able to generate enough net worth through his appearance in movies, exhibition matches, and investment in the cannabis industry. His appearance in the film “The Hangover” and other parts of the film is the most memorable one.
Mike Tyson’s Early Life
Mike Tyson was born on 30 June 1966, as of now he is 57 years old. He was an undisputed world-heavy champion from 1987 to 1990 and is one of the greatest heavyweight boxers of all time. He is known for his controversial life and ferocious boxing style.
He was called many names Iron Mike, Kid Dynamite, and the Baddest Man on the Planet during his career as a Professional Boxer.
He got into boxing in the early days of his childhood and became a star in the boxing arena at a young age.
But Mike Tyson had a rough childhood, and his stepfather was involved in gambling and crimes. At the age of 13, he was arrested for 38 crimes. His life has always been full of controversies. He went to prison between 1991 and 1995 and had many legal issues associated with his life.
| Name | Mike Tyson |
| DOB | 30 June 1966 |
| Place of birth | Bedford-Stuyvesant |
| Profession | Professional Boxer |
| Nicknames | “Kid Dynamite” and “Iron Mike” |
| Net worth | $10 million (2024) |
Mike Tyson’s Career
Mike was introduced to boxing when the juvenile detention instructor discovered his fighting ability. After that, he worked with trainer Cus D’matto, who influenced his career. When his mother passed away when he was 16, his trainer D’Amatto, became his legal guardian and shaped his career in professional boxing.
He came into the limelight as a professional boxer in the Junior Olympics (1981 and 1981) where he won gold medals.
He fought his first professional fight at the age of 18, and he defeated Hector Mercedes via first-round TKO. He won the first belt when he was 20 years old, and became the youngest boxer to lift a heavyweight title.
He added many more titles under his name like WBA and IBF titles. He became the undisputed heavyweight world champion by defeating James Smith.
However, his life took a major turn back when he lost the fight against Doughlas in 1990. His legal issues have kept him off the hook in his career. He went to prison on the sexual assault charge for six years.
He returned to the arena and regained two of his belts, but he was caught in controversy and had his license rescinded in 1997.
He last won a professional match in 2003 against Etienne and retired in 2005.
Over the years, he has played many exhibition matches. Now, the upcoming fight with Jake Paul on 20th July 2024 has again brought him back to the boxing arena.
Mike Tyson Lifestyle
Tyson is known for his lavish lifestyle when he had hundreds of millions. He brought many mansions, cars, a collection of Bengal Tigers, jewelry, and many other extravagant things.
He had many properties and nightclubs under his name. He owned many rare and limited edition car models. At one point in his life, he had 100 cars in his possession like Ferrari F50, Mercedes Benz, etc.
He resides at his Henderson property worth $2.5 million and has three Bengal tigers at his Ohio house. Over the years, he has lived in LAs Vegas, New York, Ohio, Nevada, and Maryland.
Mike Tyson’s fight with Jake Paul will stream on Netflix on 20th July 2024. The fight can build millions for the players. It will be interesting to see who will win in the upcoming match.