One of the best heavyweights of all time and a former undisputed champion of the world, Mike Tyson retired from professional boxing in 2006. Mike Tyson was arguably one of the biggest names in boxing at a time.
Tyson was one of the richest athletes and celebrities in the world when he was at the peak of his career. However, Mike’s net worth and his career graph have continuously seen great stride downwards since the 1990s. It is believed that at the peak of his career, Mike had a net worth of a staggering $300 million.
At the peak of his career, Tyson made over $20 million per fight. Now, having retired from professional boxing, the primary source of his income is acting. Some of the movies in which he made an appearance recently are Ip Man 3, The Mike Tyson Mysteries and The Entourage.
Tyson’s frivolous spending led to the downfall of his financial condition. He used to live in a luxury mansion, had a really expensive car collection. He even had a $500,000 420-horsepower Continental SC, which is one of only 73 of the kind. He kept Bengali tigers and even gave a $2.3 million bathtub to his wife to express his love for her.
However, this led to him declaring bankruptcy in the year 2003. It was in the same year that his mansion was sold for $4.1 million. When he announced the retirement, it was estimated that he had debts of approximately $23 million.
Mike Tyson’s net worth in 2017
Once he was one of the richest athletes on the face of the earth, today, Tyson barely makes it to the list of the millionaires. Many websites claim that his net worth as of today is just $800,000.