Mike Tyson Net Worth: How Much is He Worth?

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As of 2023 Mike Tyson net worth is estimated to be $10 million. He made his fortune not only from his illustrious boxing career but also from movies video games and endorsements. Once a heavyweight champion Tyson’s financial journey has been a rollercoaster having declared bankruptcy in 2003 with a debt of $23 million.

Mike Tyson Net Worth

Mike Tyson once the undisputed heavyweight champion has a net worth estimated at $10 million as of 2023. At the pinnacle of his career, Tyson was raking in a staggering $30 million per fight. However, his financial journey has been anything but smooth.

He declared bankruptcy in 2003 squandering a fortune due to what he characterized as “reckless spending.” Tyson’s lavish lifestyle included spending $6.3 million on cars and even $580000 for a single birthday party. Despite the ups and downs, Tyson remains a financial heavyweight in the world of sports and entertainment.

Quick Facts

Fact NumberInformation
Estimated Net Worth: $10 million as of 2023
Primary Source of Income: Boxing Career
Additional Revenue: Movies, Video Games, Endorsements
Bankruptcy: Declared in 2003 with a debt of $23 million
Highest Earning Fight: $30 million per fight at his peak
Lavish Spending: $6.3 million on cars, $580,000 on a single birthday party
Lavish Spending: Cannabis business, Tyson Ranch
Comeback: Returned to boxing at age 54, adding to his net worth

Who is Mike Tyson?

Mike Tyson born Michael Gerald Tyson on June 30, 1966, in Brooklyn New York is an American boxing legend who became the youngest heavyweight champion in history at just 20 years old. Tyson had a troubled youth and involved himself in various street gangs before being sent to reform school.

It was there that social worker Bobby Stewart recognized his boxing potential and introduced him to renowned trainer Cus D’Amato who later became his legal guardian. Tyson’s boxing style taught by D’Amato was unique and almost impenetrable earning him the nickname “Iron Mike.”

He gained worldwide fame not just for his prowess in the ring but also for his tumultuous personal life including a rape conviction and subsequent prison time. Despite the ups and downs, Tyson remains a significant figure in the sports world even making a comeback to boxing at age 54.

Parents

Mike Tyson’s biological parents are Lorna Mae Smith and Purcell Tyson. However, Mike never met Purcell and it is unknown where he is or if He is even alive. Lorna and Purcell split shortly after Mike was born. Mike was initially told that Jimmy ‘Curlee’ Kirkpatrick Jr. Lorna’s new partner was his father.

However, Curlee wasn’t around much either. After Lorna died of cancer when Mike was 16 he was adopted by his first boxing trainer Cus D’Amato and his adoptive mother Camille Ewald. The question of Mike’s biological father remains a mystery as it is unclear whether Curlee or Purcell are his biological father. Despite the ambiguity and challenges, Tyson found a supportive figure in D’Amato who played a crucial role in his boxing career.

Siblings

Mike Tyson is the youngest of three children born to Lorna Mae Smith and Percell or Purcell Tyson. He has an older brother Rodney Tyson and an older sister Denise Tyson who passed away at the age of 24 due to a heart attack.

Rodney Tyson is quite the opposite of Mike, he is a brain surgeon and has been working as a Physician Assistant at the University of Southern California for nearly three decades. Denise was very popular in her neighborhood and was either your best friend or someone you’d rather avoid according to Mike.

In addition to his biological siblings Mike also has a step-brother named Jimmie Lee Kirkpatrick the son of his step-father Jimmy Kirkpatrick. Jimmie Lee grew up in Charlotte North Carolina and became a famed football star.

Relationship

Mike Tyson is currently married to Lakiha “Kiki” Spicer his third wife since 2009. The couple has two children together. Lakiha was 18 when she first met Tyson at one of his boxing matches. Their relationship had its ups and downs but has been stable for years now. Before Lakiha Tyson had a colorful love life that grabbed many headlines.

He was previously married to Robin Givens and Monica Turner. Tyson also dated several other women including British model Naomi Campbell and American actress Lauren Woodland. Despite the turbulence in his romantic life Tyson seems to have found stability with Lakiha.

Spouse

Mike Tyson is married to Lakiha “Kiki” Spicer tying the knot in 2009. The couple first met when Lakiha was 18 years old at one of Tyson’s boxing matches. Their relationship faced numerous challenges including Lakiha’s conviction for fraud in 2008 and Tyson’s struggle with addiction. Despite the hurdles, their marriage has been a stabilizing factor for both.

They have two children together a daughter named Milan and a son named Morocco. This is Tyson’s third marriage, he was previously married to Robin Givens and Monica Turner. Tyson has described his relationship with Lakiha as a “life-saving experience.”

Children

Mike Tyson is a father to six children: Mikey Lorna Rayna, Amir Miguel Milan, and Morocco. Tragically he had a seventh child Exodus who passed away at the age of 4. Tyson’s eldest child Mikey Lorna was born to Kimberly Scarborough in 1991. Amir and Rayna are from his second marriage to Monica Turner. Miguel was born to Sol Xochitl in 2002.

Milan and Morocco are his children with his current wife Lakiha “Kiki” Spicer. Each of Tyson’s children has pursued different paths ranging from sports to acting and business. Tyson remains closely involved in their lives supporting them in every possible way to achieve their goals.

Career

Mike Tyson born in 1966 became the youngest heavyweight boxing champion of the world in 1986 at just 20 years old. Trained by legendary boxing manager Cus D’Amato Tyson had a meteoric rise in the boxing world.

His career includes 50 wins with 44 of those being KOs six losses and two no-contests. Tyson dominated the boxing scene in the late 1980s but his career took a hit in the 1990s due to a prison sentence for rape charges.

He made a comeback in 1995 and even regained some titles. However, he is perhaps most infamously known for biting Evander Holyfield’s ear during a 1997 rematch. Despite the controversies Tyson’s impact on the sport of boxing is undeniable.

Age

Mike Tyson was born on June 30, 1966, in Brooklyn New York. As of 2023, he is 57 years old. Tyson became the youngest heavyweight boxing champion in the world in 1986 at the age of 20. He lost his title in 1990 and later served three years in prison for rape charges.

Despite the ups and downs including a controversial career and personal life Tyson remains an iconic figure in the world of boxing and sports at large. Even at his current age, he made a comeback to boxing at 54 proving that age is just a number for him.

Height

Mike Tyson stands at 5 feet 10 inches (178 cm) tall. In his prime he was often listed as 5’11” but the most accurate measurement puts him at 5’10”. Despite not being the tallest heavyweight boxer Tyson’s height never hindered his performance in the ring.

His shorter stature compared to other heavyweights gave him an advantage in speed and agility. Tyson’s height combined with his ferocious boxing style made him one of the most intimidating and successful fighters in the history of the sport.

Ethnicity

Mike Tyson is of African-American descent with likely African-Jamaican roots. Mike Tyson was born in Brooklyn New York City to Lorna Mae Smith who was African-American and Purcell Tyson who was Jamaican.

Mike was also raised by Jimmy Kirkpatrick who was African-American. Tyson’s ethnicity reflects a blend of African-American and likely African-Jamaican heritage adding a layer of complexity to his identity.

Nationality

Mike Tyson is an American citizen born on June 30, 1966, in Brooklyn New York City United States. He gained worldwide fame as an American professional boxer and is considered one of the greatest heavyweight boxers of all time.

Tyson’s nationality is American and he has represented the United States in various boxing events throughout his career.

FAQ’s

How did Mike lose his fortune?

Tyson declared bankruptcy in 2003 due to reckless spending including lavish parties and expensive cars leading to a debt of $23 million.

What is his highest-earning fight?

At the peak of his career, Tyson earned up to $30 million per fight.

How much is Mike Tyson Net Worth?

Mike Tyson Net Worth is $10 million.

Did Mike Tyson net worth increase after his comeback?

Yes, Tyson net worth saw a boost after his comeback fight against Roy Jones Jr. which generated significant pay-per-view revenue.

Is Mike involved in any philanthropy?

Tyson has been involved in various charitable activities including his own Mike Tyson Cares Foundation which aims to provide services for kids from broken homes.

Source: Celebily.com