As of 2022, Mike Tyson’s estimated net worth is $11 million. He was worth more than $300 million at the peak of his career and fame.
Michael Gerard Tyson, who was born Michael Gerard Tyson, is still one of the most famous boxers of all time, although he has a low net worth.
- Net Worth: $11 million (USD)
- Source of Wealth: Professional Boxing, Writing, Acting, YouTube Personality
- Full Name: Michael Gerard Tyson
- Also known as Mike Tyson, Iron, Kid Dynamite, The Baddest Man on the Planet
- Birthday: June 30 1966
- Nationality: American
- Gender: Male
- Height: 5ft 10in
- Years Active: 1981-2005
- Recent Update: 2022
Source of Wealth
Mike Tyson’s post-boxing career, including income from his books and acting, is the source of his current wealth.
He also earns by appearing in commercials for well-known companies in the United States and elsewhere. Ultra Tune, a famous auto repair shop in Australia, is one such example.
On June 30, 1966, Mike Tyson was born in Brownsville, Brooklyn, New York, the third of three children, the other two being Rodney and Denise (who died in 1990).
For years, Michael believed that he was the son of a man named Jimmy Kirkpatrick, even though Purcell Tyson is listed on his birth certificate as his father.
Before Michael was born, Kirkpatrick had left a wife and son to move in with Lana Mae Tyson.
Till Michael was about ten years old, Tyson’s mother worked and raised her three children alone in Bedford-Stuyvesant.
Tyson was raised on the streets of Los Angeles. He was always fighting and committing minor offenses, which made him a target for abuse. He’d been arrested 38 times by the time he was thirteen.
He first learned to box while incarcerated at the Tyron School for Boys, a juvenile detention facility.
Cus D’Amato, a boxing manager and trainer, became Michael’s legal guardian after Tyson’s mother died when he was 16 years old.
Tyson failed his junior year of high school and dropped out.
The first two years of Michael’s boxing career were spent competing as an amateur, with two gold medals to his credit: one in 1981 and another in 1982.
Henry Tillman twice defeated him in the amateur ranks before he turned professional. In the Heavyweight division, Tillman took home the gold medal in 1984.
Hector Mercedes was Tyson’s first professional opponent. In his first as a professional, he fought a total of 15 times. Winning all but two of his first 28 fights drew attention from the media.
Against Jesse Ferguson, Tyson’s first fight on television ended in a TKO, and he went on to win seven more fights by knockout before the month of July was out, including a 30-second knockout of Mavis Frazier.
When Tyson beat Trevor Berbick in November to win the WBC Heavyweight Championship of Boxing, he became the sport’s youngest-ever heavyweight champion.
Tyson won all three major boxing titles against James Smith (WBA), Pinklon Thomas (WBC), and Tony Tucker. Also, in 1984, he defeated Olympic heavyweight champion, Tyrell Biggs.
Nintendo released Mike Tyson Punch-Out.
In three fights, he defeated Larry Holmes, Tony Tubbs, and Michael Spinx.
Tyson’s boxing began to suffer as a result of a slew of personal issues. That year, he only had two matches.
Buster Douglas knocked Tyson out, ending his reign as undisputed heavyweight champion.
Henry Tillman and Alex Stewart were both knocked out in the first round, paving the way for a rematch with Evander Holyfield for the Undisputed Championship. However, Tyson was forced to withdraw from the fight due to an injury he sustained while training for it.
When Tyson was accused and charged with rape, convicted, and sentenced, his career was put on hold.
After being released from prison, Tyson won his first two fights, defeating Peter McNeely and Buster Mathis Jr. Tyson regained the WBC title in March 1996 by defeating Frank Bruno. By defeating Seldon, he regained the WBA title.
Tyson lost the WBA title to Evander Holyfield again in November of that year.
Tyson and Holyfield squared off again. Disqualification for biting Holyfield’s ears and actually biting off part of the right one cost Tyson the fight.
Tyson’s boxing license was revoked, and he was fined $3 million by the Nevada State Athletic Commission and the cost of the hearing because of his bad behavior. Anywhere in the United States, he could go, he couldn’t go.
It was announced that Tyson’s boxing license would be reinstated in due course.
Francois Botha was knocked out cold by Tyson. he was sentenced to prison for another nine months the following month for assaulting two motorists in a car accident the year before.
After his release from prison, a fight with Orlin Norris ended in a draw.
Tyson would fight three times; Julius Francis was knocked out in England by a knockout.
Tyson defeated Lou Savarese in about 38 seconds in his second fight in Glasgow.
Tyson won his third fight after Andrew Golota could not continue due to a neck injury and a broken neck. Because of Tyson’s post-fight screening, this win was reclassified as a no contest.
Tyson was victorious via technical knockout over Brian Nielson.
Lennox Lewis would defeat Tyson in a fight.
Tyson defeated Clifford Etienne in his last professional fight.
Tyson was unable to compete due to a knee injury and fell to Danny Williams.
Tyson retired in the seventh round, effectively ending his professional boxing career.
Tyson and his third wife, Lakisha “Kiki” Spicer, currently reside in Seven Hills, Nevada.
Robin Givens, a famous actress, called off their first marriage because she was terrified of the boxer and claimed that the boxer had abused her. From 1988 to 1999, the couple was married.
1992 was a good year.
Tyson was convict of rape and sentenced to six years in prison; he served less than three of those years in prison. As of 1995, he was free.
There were many changes in 1997.
The couple had two children together, Amir and Rayna. In 2003, the couple divorced.
1999 was a great year for the Internet.
Once again, Tyson was sentenced to nine months in prison for assaulting two drivers during his marriage to Turner.
2009 was a good year for the economy.
Exodus, Tyson’s 4-year-old daughter, was accidentally strangled by a treadmill cord and died as a result.
In 2009, he married Lakiha “Kiki” Spicer, his current wife. Milan and Morocco are the couple’s two children.
Although he is not the father of his second wife’s oldest child, he claims the child is his own, even though he has seven children of his own: Rayna, Amir, Miguel D’AMato Milian Morocco Exodus.