Mike Tyson – Net Worth, Money and More

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Undisputed winner in the ring

Michael Gerard Tyson (popularly known as Mike) is a legend in the history of boxing and heavyweight lifting. He was an undisputed winner of all the fights in the ring in his prime time. Now retired boxer, in his era was the most ferocious and the deadliest of all the fighters of that era. Mike is famous with the other names like Iron Mike, Kid Dynamite, Malik Abdul Aziz, Baddest kid on the planet, Malik Abdul-Aziz and Maiku Taison.


Dark childhood days

Born on 30thJune, 1966 in Brooklyn; Mike was a son to Jimmy Kirkpatrick (Percell Tyson in the birth certificate) and Lorna Smith Tyson. He has two siblings- Rodney and Denise. Soon his parents left him and he was in the legal custody of his boxing trainer and guardian Cus D’Amato. He was forced to go to Tryon School for Boys. He then identified boxing as field. His trainer Bobby Stewart, a former boxer and counselor brought him in contact with Cus D’Amato.Brought up in bad environment Tyson soon got his hands into dirty crimes and was arrested several times for the same. He was sent to jail for 38 times at the mere age of 20.He soon dropped out of the school and was never a graduate. But later on, he was awarded the honorary degree in Doctorate in Human Letters.

Marital status:

Mr. Tyson is married not once or twice but three times and has 6 children. He first married Robin Givens in 1988. But the two had a great difficulty carrying on with the marriage. The two had complaint of domestic violence even over national television. His wife accused him of being a devil and Tyson did the same. The couple then got divorced.

He then married for the 2nd time to Monica Turner in the year 1997. They have two children from the marriage, Rayna and Amir. But they then divorced in 2003 because Tyson was accused of adultery.

He then wedded for the third time with his girlfriend Lakiha Spicer in the year 2009. He had two children from this marriage- Milan and Morocco. After his bankruptcy he was completely broke and later was addicted to alcohol. He once said in a television show that he has been sober now but later accepted that he lied and has been deeply involved with alcohol.

Rise of the King of Ring

He first tasted success when he won the silver medal in the Junior Olympics in the year 1982. After then he won the fights one after the other. He was recorded to win 26 fights out of 28. His competitors were on floor soon after the fight started in the matters of seconds. He also was titled with the youngest heavy weight lifter. He was also the inspiration behind Nintendo’s 1987’s video game series.



 Riches to Rags

The year 1988 brought bad fate in Tyson’s life. On one hand his marriage with Robin Givens was falling apart and on the other side, his profession started degrading after he fired his trained Rooney. He lost many of his undisputed titles. He was alleged of many crimes including rape! His entire career of 300 million was now turned into bankruptcy and he was forced to retire in July of 2005. From then since, he was a regular guest in various TV shows and movies.

If we go into the details of the money’s disappearance, it becomes evident that his 39th birthday was very unfortunate for him. The wrestler lost 38 million dollar in a debt. Money vanished soon as it came. He lived a lavished life. He hired about 200 servants for his various day chores like gardening, cooking, security, etc. He invested:

Cars and motor bikes: 4.5 million dollars

Clothing and accessories: 3.4 million dollars

Mobile expenses: 230,000 dollars

Parties: 410,000 dollars

Pets: 140,000 dollars on white tigers

Personal trainer: 125,000 dollars

Family: 2 million dollars on first wife’s bathtub.

Other expenses: 7.8 million dollars

Convictions and prosecutions

The famous boxer and heavy weight lifter, Mike Tyson was accused of raping a minor 18 year old girl, Desiree Washington in a hotel. He was accused of picking the girl in his limousine.  He accused Tyson of sexual assault. As a result of this, Tyson has to face serious prosecutions against him. His behavior towards the questions made his case weak. And he was sentenced to 6 years of prison in the year 1992 and four years of probation.



Awards, titles and medals

He is the youngest boxer to have acquired the titles of WBC, WBA and IBF. He defeated Trevor Berbick and won the Title of WBC. He also won the lineal Championship. He won the heavy weight championship for nine times.

He was on 16th position in The Ring’s list of top 100 punchers. He was ranked no. 1 by ESPN in hardest hitter in heavyweight. He won the Junior National Golden Gloves Champion Heavyweight in the year 1984. He was the undisputed WBC Heavyweight Champion from the year 1986 to the year 1990. He also won the WBA Heavyweight Champion in 1987 till 1990 and IBF Heavyweight Champion from 1987 to the year 1990.He also set the Junior Olympic quickest KO of 8 seconds. He was titled with many honors like Ring Magazine Fighter of the Year(in 1986 & 1988), BBC Sports Personality of the Year Overseas Personality( in 1989), Ring magazine Prospect of the Year (in 1985).



  • Everyone has a plan ’till they get punched in the mouth.
  • I’m a dreamer. I have to dream and reach for the stars, and if I miss a star then I grab a handful of clouds.
  • I don’t react to a tragic happening any more. I took so many bad things as a kid and some people think I don’t care about anything. It’s just too hard for me to get emotional. I can’t cry no more.

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