Mike Tyson’s Net Worth 2024: How Much the Former Pro Boxer Has Earned
Here's a look at the financial standing of the former world heavyweight champion, including how much he and Jake Paul will be paid for their highly anticipated bout on Friday night.
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Mike Tyson has had an impressive career—and quite an interesting life.
The former world heavyweight champion, who claimed the title at just 20 years old, faced significant problems after rising to the top so early and coming into a lot of cash. Now that the 58-year-old boxing legend is set to face off against 27-year-old Jake Paul in Netflix’s live-streamed sports event, take a look at Tyson’s current net worth, along with some of the more controversial aspects of his past.
What Is Tyson’s Net Worth?
Tyson’s estimated net worth is $10 million, according to Celebrity Net Worth.
Was Tyson Bankrupt?
According to The New York Times, Tyson had earned at least $400 million before filing for bankruptcy in 2003.
One of the key factors behind his financial struggles was his lavish lifestyle. He spent $4.5 million on cars and motorcycles, including 19 vehicles bought for friends. Tyson also spent $400,000 on pigeons and exotic animals, such as Siberian tigers.
Additionally, Tyson owed over $51,000 in back child support, and his assets were reported to range between $10 million and $50 million, according to his bankruptcy filing.
In total, the former heavyweight champion carried $27 million in debt at the time of his bankruptcy.
