Known as the Baddest Man on the Planet, the boxer Mike Tyson always stole the thunder for one reason or another during his professional boxing career and made a huge net worth of millions of dollars.
With the impressive ‘peek-a-boo’ style of boxing taught by his guardian and coach Cus D’Amatto, Tyson rocked the ring. He has lost only 6 fights out of 58 in his career of over 20 years. The boxer mostly knocked out the opponent in just the first round. Isn’t it clap-worthy?
From living lavishly to facing bankruptcy, the boxer went through different phases but never gave up and explored fields like entertainment, hosting, and entrepreneurship that immensely added to Mike Tyson’s net worth.
What is Mike Tyson’s Net Worth in 2024?
Reportedly, the heavyweight boxer Mike Tyson net worth in 2024 is $10 million. This jaw-dropping number reflects his diverse income sources. Apart from boxing, the legend acts on the silver screen and also runs a successful business venture that contributes to his worth net.
Factors Contribute to Mike Tyson’s Net Worth
Boxing Career
The greatest heavyweight boxer of all time, Mike Tyson started boxing in 1981 and won his first boxing championship at the age of 15 by defeating Joe Cortez within just 8 seconds. He won the Gold medal and became the champion in the Junior Olympics. The next year, he won the Gold again and emerged as a rising star.
On 6 March 1985, he entered the professional boxing ring and beat Hector Mercedes in the first round. After defeating WBC champion Trevor Berbick in his first World title fight on 22 November 1986, Mike Tyson garnered the title of youngest heavyweight champion.
Rest is the history! With his aggressive attitude and exceptional boxing skills, he rose to stardom and Mike Tyson’s net worth hiked up eventually.
Appearance in Movies and TV Shows
No one was aware of the fact that after spending years behind bars, Mike would enter the entertainment industry, and his net worth experienced a rise tremendously. The world witnessed a major change in the boxer after his release from jail and Mike Tyson’s movies and television series made him popular again.
He has acted in numerous magnum opus such as The Hangover, China Salesman, Kickboxer: Retaliation, Hamlet Pharon, Vendetta, etc, and has graced several movies like Scary Movie 5, Grudge Match, and Rocky Balboa with his special appearance. Moreover, he has produced his life documentaries including Mike Tyson: Undisputed Truth and Tyson.
Endorsements
Several renowned brands such as 7Red.com, Black Energy, BrBet, Pepsi, Nintendo, Eastman Kodak, and EA Sports collaborated with Mike Tyson after his prominence. But when he was found molesting his wife, his fans showed huge disappointment and even brands made a distance from him.
He was sentenced to seven years for raping a teenager which further led down his image. When his imprisonment period was completed, he came out and tried his hand at acting which proved to be a career-rising decision. Moreover, the net worth of Mike Tyson started improving.
Merchandise Sales
The well-known boxer has a clothing line with the name Mike Tyson Collection that offers hoodies, sweatpants, and t-shirts. A fan can get a stylish yet comfortable T-shirt with his ideal Mike Tyson name and photo imprinted on it from the store and can flaunt it among his haters. So, when you’re going to grab yours?
In addition to that, he invested in the weed brand ‘Tyson 2.0’ and launched its first product ‘Mike Bites.’ These are ear-shaped gummies that pay homage to the breathtaking fight of the legend Mike with Evander Holyfield. Remember, when the former boxer bit the ear of Evander?
Cannabis Business Partnership
After becoming bankrupt in 2003, Iron Mike explored a new world and experienced a great change in his life after the discovery of Marijuana. In the Cannabis industry, he laid the foundation of a company called Tyson Ranch that focuses on the marketing of flowers and their derivatives such as extracts, edibles, etc.
The first product that boomed in the market was a pain relief cream called Coppergel Ice which was rich in CBD.
Podcast
The Baddest Man on the Planet also stepped into the world of hosting which led to a rise in Mike Tyson’s worth net. He co-hosted the podcast ‘Hotboxin with Mike Tyson’ with Eben Britton and set the internet ablaze with his remarkable skills. From well-known artists to rappers, umpteen people glorified the podcast and applauded the hosting abilities of Mike.
Fans got to witness the boxer’s humble side through this podcast. It is available on Apple Podcasts and PodcastOne.
Mike Tyson Assets and Properties
How much is Mike Tyson’s worth derived from his mansions, car, and properties? Let’s figure it out!
Mike Tyson bought several mansions when he was at the peak of his career and his net worth was around $300 million. He has lived with his family in luxurious and well-furnished mansions in Las Vegas, Connecticut,
Ohio, Maryland, and New York. Currently, he lives in an 8,148-square-foot mansion in Henderson, Nevada. Reports suggest that he bought this house in 2016 for £2.5 million.
Mike Tyson Car Collection
We’re sure Mike Tyson’s car collection will leave you breathless. Over 100 cars including Rolls Royce Silver Spur, Cadillac Eldorado, Mercedes-Benz 500 SL, Lamborghini Super Diablo Twin Turbo, and more grace the garage of Iron Mike. Costing an arm and a leg, these extravagant cars are dreamy vehicles of every car enthusiastic. Agree or not?
Some of Mike Tyson’s cars with their worth in a tabular form are listed below:
| Car | Worth |
| 1990 Mercedes-Benz 500 SL | $83,000 |
| 1985 Cadillac Eldorado | $32,000 |
| 1995 Ferrari 456 GT Spyder | $257,000 |
| 1996 Lamborghini Super Diablo Twin Turbo | $500,000 |
| 1987 Rolls Royce Silver Spur | $179,000 |
| 1999 Lamborghini Diablo VT Roadster | $300,000 |
| 1995 Ferrari F50 | $475,000 |
| 1987 Rolls Royce Corniche | $245,000 |
| 1960s Jaguar E-Type | $100,000 |
| 1989 Mercedes-Benz 560 SL | $48,000 |
Mike Tyson Bio/Wiki
| Celebrity Name | Mike Tyson |
| Full Name | Michael Gerard Tyson |
| Popular Names | Kid Dynamite, Iron Mike, The Baddest Man on the Planet |
| Birth Date | June 30, 1966 |
| Age | 57 years old |
| Birth Country | New York City, U.S |
| Place of Birth | Brooklyn |
| Gender | Male |
| Height | 5 ft 10 inch or 178 cm |
| Weight | 240 lbs or 109 Kg |
| Eye Color | Dark Brown |
| Father’s Name | Purcell Tyson |
| Mother’s Name | Lorna Mae (Smith) Tyson |
| Siblings | 2 |
| Marital Status | Married 3 times |
| Children | 7 |
| Nationality | American |
| Zodiac Sign | Cancer |
| Religion | Catholic Christian turned Muslim |
| High School | N/A |
| College/ University | Central State University, USA |
| Sexual Orientation | Straight |
| Profession | Boxer |
| Mike Tyson net worth | $10 Million |
| Source of Income | Boxing matches, Endorsements, Acting, Podcasting, Ranch |
| Social Media Links | Instagram, Twitter, Facebook |
Mike Tyson Background and Education
Born on 30 June 1966, Mike Tyson age is 57 years old. The boxer was one of three siblings raised by a single mother Lorna Smith. Reportedly, his mother might be a prostitute who was left by his father. Not much information is available on the internet but Mike’s birth certificate reveals that his father’s name was Purcell Tyson. He was a cab driver from Jamaica.
However, Tyson shared in numerous interviews that he remembered his father as Kirkpatrick who used to gamble and hang out on the street. He also left the family after the birth of Mike Tyson.
Mike Tyson Personal Life
Within just eight months of marrying, the actress Robin Givens filed for divorce from Mike Tyson on the allegations of torturing and molesting. In an interview with Barbara Walters on the ABC TV newsmagazine, the actress called his life hell with the boxer. The couple has no children but Givens revealed about her miscarriage in the media once.
In April 1997, Mike Tyson exchanged vows with Monica Turner, the sister of the former Lieutenant Governor of Maryland, Michael Steele. But the duo failed to live together for a long time and the diva filed for divorce claiming that she caught him red-handed committing adultery. Amir and Ramsey are the two children of Myke from his second marriage.
In June 2009, he tied the knot with his longtime girlfriend Lakiha Spicer in a private ceremony at the La Bella Wedding Chapel. The couple have two children daughter Milan and son Morocco.
Apart from his wife, he has three children from his two girlfriends, Kimberly Scarborough and Sol Xochitl
Mike Tyson Major Boxing Matches and Records
With an aggressive attitude and hunger for winning, Iron Myke fought 58 times in his lifetime with different boxers. The professional boxer Mike Tyson’s record is 50-6; 50 wins and 6 losses.
When Mike was 20 years old, he defeated Trevor Berbick and gained recognition around the globe. Two years later, he fought his second major fight with Michael Spinks and defeated him in just 91 seconds. I still remember being too young and remaining stunned when I saw Mike opposite Michael Spinks.
After the victory, he became a boxing sensation and fought the major fights of his career such as Tyson vs. Larry Holmes (1988), Tyson vs. Buster Douglas (1990), Tyson vs. Evander Holyfield (1996), and more.
On 11 June 2005, Mike Tyson fought his last fight bravely with Kevin McBride but lost unfortunately. It’s been 19 years and the die-heart fans like me of the boxer miss him badly in the ring.
Now, we don’t need to worry, our wish has been granted; Iron Tyson is all set to make his comeback in the boxing field this year. Yup! You heard it right.
On 20 July 2024, Mike Tyson Vs Jake Paul‘s professional boxing match will be held at AT&T Stadium in Arlington, Texas which will mark the return of Mike Tyson.
| Total Fights | 58 |
| Wins | 50 |
| Loses | 6 |
| No-Contests | 2 |
| KO Wins | 44 |
| KO Loses | 5 |
| Title-Fight KOs | 10 |
| Title Wins | 6 |
| Title Defenses | 9 |
Wrapping Up!
Steve Burkholder rightly said, “If you’re saving, you’re succeeding.” Unfortunately, Mike Tyson missed out on this saying and spent money to a great extent on lavish houses and expensive cars carelessly which made him bankrupt. But he commenced his journey again, struggling with all the life challenges, and entertained the world with his boxing, acting, and hosting.
FAQ’s
What was Mike Tyson net worth peak of his career?
Ans: At the peak of his career, Mike Tyson net worth was $300 million.
What is Mike Tyson net worth in 2024?
Ans: As of 2024, the net worth of Mike Tyson is $10 million.
Who is the richest boxer in the world?
Ans: Currently, the richest boxer in the world is Floyd Mayweather with a net worth of $560 million.
How much is Mike Tyson paid to fight Jake Paul?
Ans: As per the reports, Iron Tyson is paid about $20 million for the Mike Tyson Vs Jake Paul matchup.
How many fights did Tyson lose?
Ans: Tyson loses only 6 fights in his entire boxing career.
How did Mike lose his money?
Ans: Mike lost his money due to spending unnecessarily on mansions, cars, and animals.
