American former professional boxer Mike Tyson has had his fair share of life’s ups and downs and today, he is still one of the biggest names in the sports world with a net worth of $3 million.
Truth be told, the evidence of his success is there for all to see. Having won his first heavyweight title when he was barely 20, he certainly started off early and, of course, he goes down in history as the youngest person ever to have achieved that feat. Then, he ruled the world of boxing for 20 years between 1985 and 2005.
Here’s a comprehensive account of the visible expression in all these years of one huge professional boxing career success.
How Much Is Mike Tyson Worth Currently?
So, after all these years of boxing glory – as well as his post-retirement years of investments – how much is Mike Tyson worth today?
Of course, this much was accrued from his boxing career and other investments he has made all these years. However, it might interest you to know that he was once worth hundreds of millions in his heydays. But, he lost all the money and even went bankrupt at a time.
During his days in the ring, Mike garnered as much as $400 million as his bank balance, recording $685 million in career earnings. Unfortunately, due to his own rather brash ways which he definitely regrets today, he blew all that fat dough away and ended up incurring huge debts with Uncle Sam taking the highest share. Mike filed for bankruptcy in 2003.
But now, years away from when he first went broke and judging from his new mouth-watering purchases, Tyson has come a long way and seems to be back on his feet again. This is all thanks to his endorsements, media gigs, celebrity appearances, and more recently, Mike Tyson Mysteries, his own animated TV show.
Interestingly, he has since bounced back to the millionaire class and has enough evidence of good living around him to show for his net worth.
Mike Tyson has Earned up to $423 million in Career Earnings, Below is a Breakdown of These Earnings:
Mike Tyson’s Career Earnings
|Tony Tubbs||$10,000,000||$21.5 million|
|Michael Spinks||$20,000,000||$42.2 million|
|Frank Bruno I||$8,000,000|
|Donovan Ruddock I||$6,000,000|
|Donovan Ruddock II||$10,000,000|
|Peter McNeeley||$25,000,000||$42.2 million|
|Frank Bruno II||$30,000,000||$50 million|
|Evander Holyfield I||$30,000,000|
|Evander Holyfield II||$30,000,000||$49 million|
|Lennox Lewis||$103,000,000||$148 million|
|Roy Jones Jr||$10,000,000|
His Career Highlights, Achievements and Accomplishments:
- Defeated Hector Mercedes in round one in his professional debut (1985)
- Became the Youngest ever Heavyweight Champion (November 22, 1986)
- Won the WBA Heavyweight Title (March 7, 1987)
- He also won the IBF heavyweight championship, August 1, 1987 (making him the undisputed World Heavyweight Champion)
- After defeating former champ Michael Spinks, by a knockout in 90 seconds, he became the Undisputed Linear Heavyweight Champion (1988)
- Tyson was eventually knocked out by James “Buster” Douglas, he lost his Heavyweight Title (1990)
An Inside Look At the Ex-boxer’s Mansion
In December 2015, Mike Tyson snapped up a two-story, 8,149 square foot mansion in Henderson, Nevada, for $2.5 million. Tyson’s mansion is located in the guard-gated community of Seven Hills which accommodates one of the most expensive golf clubs you can find in America. The property is so exquisite that it has been described as a “sensational Italian masterpiece” and it has all the features to justify that name.
The exterior features include lush landscaping and towering palms trees, a large resort-type pool with a large sitting area perfect for a party. It also boasts of two detached casitas, an outdoor fireplace, an outdoor kitchen and a garage with space for four cars.
There is also a mini pool and fountain in the backyard. The expansive space behind the mansion also has a stretch of gardens all filled with exquisite vegetation. Then, there is also a portion of a tiled sitting area around the mini pool. That’s a shot of the exterior.
Then, coming to the interior part of the dwelling, Mike Tyson’s property boasts a total of 6 bedrooms and bathrooms which include two master bedrooms; one on each of its floors. Other interior features include a sweeping stairway, marble flooring, large living room, formal dining room, an entertainment room, fully equipped kitchen, temperature regulating wine cellar and more, all of which can be accessed via the grand entryway. All the way through the house is a stretch of perfectly finished mahogany furniture.
Hitherto, Tyson, together with his third wife whom he married in 2009, lived in a moderate house located a stone throw away from his latest purchase. Kenneth Lowman, the agent involved in the purchase said Tyson and his wife saw the golden opportunity and grabbed it without hesitation. The boxer has not regretted that decision to date.
Back in 2008, Tyson bought his former house for $1.75 million from NBA player Jalen Rose and have now listed it for a mere $1.5 million, despite recently undergoing a smart upgrade. Buying the 5,700, square foot, 4 bedroom, 5 bathroom house will definitely be a juicy deal, not to mention an opportunity to live next to one of the greatest boxers ever.
What Kind of Cars Does Mike Tyson Drive?
If you are familiar with Mike Tyson, one thing you must know about him is that he is a great fan of fancy cars. So, as everyone would expect, he has always got a number of them, each with a fat price tag hanging on it.
His red Ferrari 456 GT Spyder, for example, was reported to have cost the ex-boxer $90,000. That’s the car you will most often see him in. But, if you thought the former heavyweight champion staked quite a fortune on the Ferrari, then there is even a bigger surprise for you: his Aston-Martin Lagonda that gulped a whopping $200,000. Tyson bought the 4-door version of the car which runs on a V8 automatic transmission engine and can travel at the top speed of 149 mph.
Also in Mike Tyson’s collection is a Rolls Royce Corniche. Tyson’s ownership of this car dates back to 1987 when it was given to him for winning the IBF belt. So, we have no record of how much he spent on it. However, a brief online research we have conducted reveals that it costs anything between $165,000 and $170,000 today. The car travels at a top speed of 118 mph and runs on an automatic transmission V8 engine. A new model of the Rolls Royce car graced the market in the year 2000 and sells for about $360000.
We can say without fear that Mike Tyson is a fan of Rolls-Royce cars because he once owned (and possibly still owns) a 1980 Rolls-Royce Silver Spur. That car is valued at around $10,000 and $30,000 today.
Another car in his collection is a Jaguar XJ220, a two-seater sports car that runs on a Turbocharges V6 engine. There is also a Mercedes Benz 560SL 1989 Model (valued at up to $60,000), a Bentley Continental T (valued at $118,000). He once owned a Lamborghini Super Diablo Twin Turbo California Speedster (1994 model) which sells for about $150,000.