Mike Tyson Net Worth
Despite earning over $300 million during his entire career, Mike Tyson declared bankrupcy in 2003. His current net worth is estimated to be only $1 million in 2015 by some while others claim he’s completely broke. Tyson is retired but occasionally appear on TV, for example he played himself on 2009 film Hangover. How this highly paid boxer could end up relatively poor?
Mike Tyson pleaded guilty to possession of cocaine in 2007 and this might be one of the reasons why his income barely keep up with spending. He also spent lot on real estate properties. He bought for example huge mansion in Ohio. After he later sold it, the property changed owners several times. Each time for a noticeably lower price. Today it’s deserted and it brings up the question if this luxury estate ever had some purpose 50 miles southeast of Cleveland. It’s never been a very good investment for any of it’s owners, that’s for sure.
Vast majority of Tyson’s income came from his boxing fights. In the mid-nineties, the peak of his career, Tyson was regularly paid about $30 million per fight. He definitely belonged to the best of the best. He was married three times. His wives were Robin Givens, Monica Turner, and Lakiha Spicer. Mike said in 2010, that he’s basically living paycheck to paycheck and is constantly broke. Despite all that, he says that he still has an awesome life.
