Mike Tyson Net Worth
Mike Tyson Net Worth: $2,000,000
Related Net Worths: Muhammad Ali, Lennox Lewis, Don King, Evander Holyfield, Manny Pacquiao, George Foreman, Joe Frazier, Oscar de la Hoya, Sugar Ray Leonard, Rocky Marciano, Larry Holmes, Roy Jones Jr., Floyd Mayweather Jr.
Sources: Fighting Victories, Acting
Michael Gerard “Mike” Tyson is a retired professional boxer and current philanthropist, actor, and WWE wrestler. A former Undisputed Heavyweight Champion of the World, Tyson is one of professional boxing’s most recognizable figures. However, despite earning over $300 million throughout his career, Tyson has run into recent financial trouble, and his current net worth is valued at only $2 million.
A controversial figure both in the ring and out, Tyson made his professional fighting debut in 1985 at the age of 18, defeating Hector Mercedes with a first-round knockout. Tyson then went on to win 26 of his first 28 fights. In 1986, Tyson won his first title when he defeated Trevor Berbick to become the youngest boxer in history to win the WBC Heavyweight Championship.
After this win, Tyson began to take on the world’s top heavyweights, winning key bouts against champions like James Smith, Pinklon Thomas, Tony Tucker, and Tyrell Biggs. These victories earned him both the WBA and the IBC belts, and made him the Undisputed Heavyweight Champion of the World. He held on to this record until 1990, when he lost the title to James “Buster” Douglas. That year, Tyson was ranked at number one on Forbes Magazine’s first annual list of the World’s Highest-Paid Athletes with $28.6 million in earnings.
After his loss to Douglas, Tyson’s career took a downward turn. In 1991, he was arrested and sentenced to six years in prison for raping an 18-year-old girl. Tyson was subsequently released on parole in 1995 after serving three years of his sentence. After his release, Tyson returned to boxing, quickly regaining his WBA and WBC titles.
Tyson vs. Holyfield I and II
In two of the most iconic bouts of all-time, Tyson twice faced off against Evander Holyfield for the WBA title, first in 1996, and then in 1997. The first fight was meant to be an easy victory for Tyson, but Holyfield ended up winning in the 11th round by TKO and taking home the title.
The next year, the two met again in a rematch that would lead to one of the most controversial moments in sports history. The incident happened when, at the end of the third round, the fight was stopped and Tyson was disqualified for biting Holyfield on both ears. Despite the loss, however, Tyson still took home $30 million in earnings from the fight.
Facing more legal issues, Tyson’s career continued to decline after the Holyfield incident, and in 2003 Tyson declared bankruptcy. He then made a few attempted comebacks to the ring, before officially retiring in 2006.
Despite the controversies surrounding his career and the many criticisms levied at him, Tyson was inducted into the International Boxing Hall of Fame on June 12, 2011.
After Boxing: Acting Career and WWE
After leaving the boxing world, Tyson made somewhat of a name for himself in the acting world. He landed several film and television roles, including an appearance in the 2009 film the Hangover, in which he played an exaggerated caricature of himself.
Tyson has also continued his fighting career outside of boxing, appearing in Wrestlemania as an enforcer and launching a WWE career.
Tyson also debuted a one-man show, “Mike Tyson: Undisputed Truth” in 2012. The show was made in collaboration with director Spike Lee. Tyson first performed the show in Las Vegas, then took it to Broadway in August 2012, and then launched a 36-city solo tour in 2013.
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