What is Mike Tyson’s net worth?
|Net value:||$ 3 million|
|Born:||June 30, 1966|
|Native country:||the united states of america|
|Wealth source:||Professional boxer|
Mike Tyson is a former American professional boxer, who has had a successful 20-year career in the sport. Despite some ups and downs along the way.
Tyson was the undisputed heavyweight world champion and still holds the record for the youngest boxer to win a heavyweight title at 20 years, 4 months and 22 days.
In 2020, Mike Tyson’s net worth is estimated to be only $ 3 million. At the time, he had accumulated over $ 300 million throughout his career, but ended up losing everything.
Mike Tyson was born June 30, 1966 in Brownsville, Brooklyn, New York. He had two siblings, Rodney and Denise; however, her sister died of a heart attack at just 24 years of age.
Although Tyson’s biological father is listed as “Purcell Tyson”, Mike saw his father figure as Jimmy Kirkpatrick. Kirkpatrick was originally from Grier Town, North Carolina, and one of the best baseball players in the neighborhood. He was a great player and he hung out in areas where you would expect someone of this nature to be.
Kirkpatrick later abandoned the family and Tyson’s mother died when he was only 16 years old. Which left him in the care of his boxing manager Cus D’Amato.
Throughout his childhood, Tyson lived in and around high crime neighborhoods. He mentioned in a previous interview that his first fight was with a younger boy, who had ripped his head off from one of his pigeons.
Tyson was regularly caught committing crimes and had already been arrested 38 times at the age of 13. He ended up at Johnstown’s Tryon School for Boys, then dropped out of high school.
Tyson was 18 when he made his professional boxing debut. Before that, he had participated as an amateur at the Junior Olympic Games.
He quickly grew to become the champion, having won 26 of his first 28 fights by KO or TKO. For a long time, people thought that Tyson was unbeatable. It was until Buster Douglas arrived. You’ve probably heard Douglas’ story about his mother who died before the fight, after telling everyone that his son was going to beat Mike Tyson.
Douglas managed to last more laps than anyone else had ever done with Tyson; and after reaching this point, realized that Tyson started to lose energy and stamina quickly after the 5th or 6th round.
Tyson was the first heavyweight boxer to simultaneously hold the WBA, WBC and IBF titles, and the only heavyweight to unify them successively. He is still considered, to this day, as one of the best boxers of all time.
However, his reputation was very damaged after being sentenced to 6 years in prison, after being found guilty of rape. He tried to return after his prison term, but it was short-lived.
Mike Tyson’s net worth, once upon a time, was $ 300 million. After splashing the money and suffering the consequences of some of his actions; Mike Tyson’s net worth is no more than $ 3 million.
How does Mike Tyson spend his money?
Mike Tyson is arguably ranked in the top 15 heavyweight boxers to have ever set foot in the gladiator arena; but it is ranked much higher in the spectacular pound-for-pound spending stakes.
When Mike was released from prison in 1995 after serving four years, he had $ 300 million in the bank to help him transition to a normal life.
Mike purchased a 21-bedroom / 24-bathroom Connecticut mansion with an on-site casino and a nightclub. He also bought estates in Maryland, Las Vegas and Ohio, where he had gold-plated furniture and a basketball court.
Tyson owned several Ferraris, Lamborghini, a Range Rover, a Mercedes-Benz 500 and a Rolls Royce from 1995.
Here are some of the best moments in Mike Tyson’s career:
- Defeat Hector Mercedes in a round during his professional debut (1985)
- Youngest heavyweight champion of all time (1986)
- WBA heavyweight title (1987)
- Becomes undisputed champion of linear heavyweights by eliminating Michael Spinks in 91 seconds (1988)
- Tyson is eliminated by James “Buster” Douglas and loses the heavyweight title (1990)
Mike Tyson’s Favorite Quotes
“Everyone has a plan until they are hit in the mouth.” – Mike Tyson
“I could feel his muscle tissue collapsing under my strength. It’s ridiculous that these mortals are even trying to enter my kingdom. ” – Mike Tyson
“I just want to conquer people and their souls.” – Mike Tyson
“I am a dreamer. I have to dream and reach for the stars, and if I miss a star, I catch a handful of clouds.” – Mike Tyson
“As long as we persevere and endure, we can get everything we want.” – Mike Tyson
“True freedom is having nothing. I was freer when I didn’t have a dime. ” – Mike Tyson
“God lets everything happen for a reason. It’s a whole learning process, and you have to go from one level to another. “ – Mike Tyson
3 keys to Mike Tyson’s success
So what can we learn about Mike Tyson’s success? Here are 3 keys to success, which we presented in our article on the best lessons from Mike Tyson:
1. It starts with your state of mind
You may not have the skills yet to achieve your goals, but as long as you have the right mindset, you will eventually develop the skill level necessary to achieve this success.
2. Be prepared to work hard
It is very easy to give in to the temptation to skip something one day; training, overtime, study and more.
Tyson would not give in to any temptation that would prevent him from doing the extra work needed. While you’re partying and laughing, someone else is working hard.
3. Don’t just dream, commit to your dream
It is very easy to want something or your own dream. All it takes is a little imagination. Almost everyone has some sort of goal or dream, but half of them are not determined to achieve it.
Although Mike Tyson has struggled in his career with multiple problems, he remains one of the greatest boxers of all time. Today, Mike Tyson’s net worth is only $ 3 million.