Mike Tyson Net Worth

Known as “Iron,” “The Baddest Man on the Planet” Mike Tyson is a former professional boxer who is the undisputed heavyweight champion who used to compete for between 1985 to 2005. He went down as the most ferocious, and intimidating fighter to have ever stepped into the ring no wonder many consider him as one of the greatest punchers, hardest hitters, and scariest boxer in the heavyweight history.

The legend he is his name has been inducted in the World Boxing Hall of Fame and the International Boxing Hall of Fame. Surprisingly at one-time Mike Tyson’s net worth was $300 million. Shocked? Let’s what happened to Mike Tyson’s fortune. Keep reading to know more about Mike Tyson’s net worth.

Early Life

Mike Tyson Net Worth

Michael Gerard Tyson was the son of Purcell Tyson though Tyson grew up knowing his father is Jimmy Kirkpatrick and mother LORNA Mae Tyson. He was born in 1966 and raised in Brownsville New York. Mike Tyson had has an elder brother, a step-brother, and had a sister who died way back in 1990. Both Mike Tyson’s parents died when he was young, and he would be adopted by Cus D’Amato as a legal guardian who was a boxer manager.

Tyson went to Tryon School for Boys which is located in New York though he didn’t get to finish as he dropped out of high school but would later be honored with an honorary Doctorate In Humane Letters from Central State University.

Tyson was raised in a neighborhood that was full of crime, and by the age of 13, he had already been arrested by the police more than 37 times. He used to fight other boys, and it was then that Bobby Stewart a former boxer discovered Tyson while at Tryon School. He Trained him for several months before and then Tyson decided to introduce him to Cus D’Amato. At the age of 15, he also got to be trained by Kevin Rooney and Teddy Atlas.

Tyson has married three times, and out of the three marriages he has had seven children.


Mike Tyson’s career started on a high note as an amateur because between 1981 and 1982 he had already won gold medals at Junior Olympic Games and it was here that he registered the quickest ever Olympic knockout of eight seconds.

On a professional level, he made his debut by delivering a knockout to Hector Mercedes in 1985 at the age of 18. during that one-year Tyson won 26 matches out of 28 where the win was either by TKO or KO, and this attracted a lot of media attention. Unfortunately, it is the same year that D’Amato died.

Tyson first won the Heavyweight championship when he was just 20 years and became the youngest ever to do so by beating Trevor Berbick. His speed, defensive abilities timing, and accuracy were the catalyst to his perfection.

Tyson in 1987 decided to go on a mission to fight top heavyweights in the world a mission that was very successful to a level he won the IBF, WBA, and WBC becoming the first person to do. He beat everyone then who was a champion including Pinklon Thomas, Larry Holmes, Michael Spinks.

Tyson was defeated by Buster Douglas in 1990 and 1992 he was sentenced to 6 years in prison for rape. He made a comeback to win several matches and retired in 2005.

Apart from Boxing Tyson was also an actor and some of the films he starred in are IP Man 3, The Hangover, and others.

Awards & Achievements

Mike won many matches, and hence he has a full trophy cabinet, and among the accolades, he has been awarded are the honorary doctorate in humane letters, inducted in WWE Hall of Fame 2012, International Boxing Hall of Fame, among many others.

Net Worth of Mike Tyson

Mike Tyson has a net of $3 million. Surprisingly mike Tyson’s net worth at one time was $300 million but he squandered it all to a point he filed for bankruptcy in 2003. In 2000 after making $65 million he used $62 million. Tyson’s net worth was depleted through a careless lifestyle.

Mike Tyson’s net worth of $3 million doesn’t reflect a net worth of an undisputed legendary champion. However, in spite of his setbacks, we can’t deny the will go down as the greatest heavyweight champion of all time.


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