Mike Tyson’s Net Worth 2024: How Much the Former Pro Boxer Has Earned

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Mike Tyson has had a formidable profession—and fairly an fascinating life.

The previous world heavyweight champion, who claimed the title at simply 20 years previous, confronted important issues after rising to the highest so early and coming into a number of money. Now that the 58-year-old boxing legend is about to face off in opposition to 27-year-old Jake Paul in Netflix’s live-streamed sports activities occasion, check out Tyson’s present internet price, together with a few of the extra controversial facets of his previous.

What Is Tyson’s Internet Price?

Tyson’s estimated internet price is $10 million, in keeping with Celeb Internet Price.

Was Tyson Bankrupt?

In keeping with The New York Instances, Tyson had earned not less than $400 million earlier than submitting for chapter in 2003.

One of many key components behind his monetary struggles was his lavish way of life. He spent $4.5 million on vehicles and bikes, together with 19 automobiles purchased for mates. Tyson additionally spent $400,000 on pigeons and unique animals, resembling Siberian tigers.

Moreover, Tyson owed over $51,000 in again baby assist, and his property had been reported to vary between $10 million and $50 million, in keeping with his chapter submitting.

In whole, the previous heavyweight champion carried $27 million in debt on the time of his chapter.

Did Tyson Go to Jail?

Sure, Tyson did go to jail. He was sentenced to 6 years in jail and served about three years earlier than being launched on parole.

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In July 1991, Tyson, then 25 years previous, was arrested for the assault of 18-year-old Desiree Washington in an Indianapolis lodge room. Regardless of sustaining his innocence, Tyson was convicted of rape. Underneath federal legislation, he’s required to register as a intercourse offender for the remainder of his life.

In 2003, throughout an interview with Fox Information Community, Tyson referred to Washington as “a mendacity, monstrous younger woman,” including, “I simply hate her guts.”

“She put me in that state, the place I don’t know… However now I actually do wish to rape her and her … mama,” he added, claiming that Washington accused him of the 1991 assault as a result of she was “cash hungry.”

When Was Tyson’s Final Battle?

The previous heavyweight world champion has not fought in an expert bout since 2005, when he suffered a sixth-round loss to Kevin McBride. Since then, Tyson has participated in exhibition matches, together with a 2020 showdown in opposition to fellow veteran Roy Jones Jr., which led to a break up draw.

WASHINGTON, D.C. - JUNE 11: Heavyweight Mike Tyson, black trunks and Kevin McBride, blue spotted trunks fight during a heavyweight match on June 11, 2005 at the MCI Center in Washington, D.C.. Tyson loss the fight after he RTD in the six round. (Photo by Focus on Sport/Getty Images)

How A lot Is Tyson Getting Paid for the Battle?

Promoters haven’t revealed precisely how a lot Tyson will earn for Friday’s combat, however reviews from on-line sources, together with DraftKings Community, estimate he’ll make round $20 million.

In comparison with his earlier earnings, the distinction in pay is important. After being launched on parole and returning to boxing in 1995, Tyson earned $30 million for every of his subsequent 4 matches. This included the notorious 1997 bout in opposition to Evander Holyfield, during which Tyson bit off a part of Holyfield’s proper ear. Tyson was disqualified from the combat, had his boxing license revoked, and was fined $3 million, however he was allowed to maintain his purse from the combat.

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IRVING, TEXAS - NOVEMBER 13: Mike Tyson and Jake Paul pose at a press conference at the Toyota Music Factory in Irving, Texas on November 13, 2024 for their heavyweight world titles of the Premiere Boxing Championship which will be on November 15 Friday night at AT&T Stadium in Arlington, Texas, United States. (Photo by Tayfun Coskun/Anadolu via Getty Images)

In distinction, Paul is about to earn $40 million, in keeping with estimates from DraftKings Community and different sources. The social influencer, with 27 million followers on Instagram alone, can be the co-founder of Most Useful Promotions (MVP), the corporate selling the occasion in partnership with Netflix.

How Lengthy Is the Battle?

Tyson and Paul will face off in eight, two-minute rounds.

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