Mike Tyson net worth

Mike Tyson’s net worth is estimated to be around $3 million dollars, as of 2020. At the height of his career and fame he was worth over a staggering $300 million.

Born Michael Gerard Tyson, he is still one of the most popular boxers ever, despite how low his net worth is now.

Net Worth: $3 million (USD)
Source of Wealth: Professional Boxing, Writing, Acting, YouTube Personality
Full Name: Michael Gerard Tyson
Also known as: Mike Tyson, Iron, Kid Dynamite, The Baddest Man on the Planet
Date of Birth: June 30, 1966
Age: 53
Country of Origin: United States of America
Gender: Male
Height: 5ft 10in
Years Active: 1981-2005
Recent Update: 2020


Source of Wealth

Mike Tyson’s current source of wealth comes from his post boxing career including his income from his books and acting.

He also makes money doing commercials for big brands in the US and even around the world. One of such is the popular Australian car servicing brand, Ultra Tune.


Early Life

Mike Tyson was born Michael Gerard Tyson in Brownsville, Brooklyn, New York on June 30, 1966. He was the third of three children joining a brother Rodney and sister Denise (who died in 1990).

His mother is Lana Mae Smith and the father listed on his birth certificate is Purcell Tyson, although Michael believed that a man named Jimmy Kirkpatrick was really his father.

Kirkpatrick had left a wife and son to move in with Lana Mae Tyson, but left a short time before Michael was born.

Tyson’s mother worked and raised her three children on her own in Bedford-Stuvesant until Michael was about 10 years old, when they moved to Brownsville.

Tyson grew up running the streets. He was constantly fighting and committing all types of petty crimes. By the time he was thirteen he had already been arrested 38 times.

He spent time in a youth detention center known as the Tyron School for boys, where he first started to learn to box.

Tyson’s mother died when he was just 16 years old and Cus D’Amato (a boxing manager and trainer) became Michael’s legal guardian.

Tyson dropped out of high school his junior year.


Career Highlights

Michael starting his boxing career as an amateur boxer, winning two gold medals one in 1981, and the other a year later in 1982.

He lost twice to Henry Tillman during his amateur career before going on to a professional career. Tillman would end up winning the gold in 1984 in the Heavyweight division during the summer games.

1985: Tyson fought his first professional fight against Hector Mercedes. He ended up fighting 15 bouts his very first year as a pro. He gained media attention winning all but 2 of his first 28 fights.

1986: Tyson’s first televised fight was against Jesse Ferguson, the fight ended in a TKO, to which Tyson ended up adding 7 more knock out wins by the end of July including knocking out Mavis Frazier just 30 seconds into the first round.

In November Tyson became the youngest Heavyweight Champion in history at a little more than 20 years old when he won against Trevor Berbick for the WBC Heavyweight Championship of Boxing.

1987: Tyson won all 3 major boxing belts, WBA, WBC and IBF by winning against James Smith, Pinklon Thomas, and Tony Tucker. The same year he also beat the 1984 Super Heavyweight Gold Medalist Tyrell Biggs.

Ninetendo released Mike Tyson Punch-Out

1988: He won three fights against Larry Holmes, Tony Tubbs and Michael Spinx.

1989: Tyson began having a number of personal problems that started to affect his boxing. He ended up only having two matches that year.

1990: With Tyson’s personal life a mess, he got knocked out by Buster Douglas ending his undisputed championship.

He came back in other fights with first round knockouts of Henry Tillman and Alex Stewart setting him up for a chance to win back his Undisputed Championship by fighting Evander Holyfield. However, the fight never occurred due to Tyson suffering an injury during training for the fight.

1991-1995: Tyson’s career was put on hold when he was accused and charge with rape, convicted and sentenced.

1995-1996: Once released from prison Tyson won his first two comeback fights against Peter McNeely and Buster Mathis junior. In March of 1996 Tyson won back the WBC belt by beating Frank Bruno. He then won back the WBA belt by Seldon.

In November of the same year Tyson again lost the WBA title by losing to Evander Holyfield.

1997: Tyson and Holyfield met again. Tyson lost the fight due to being disqualified for biting both of Holyfield’s ears and actually biting off part of his right ear.

Due to this behavior, a hearing was held and the Nevada State Athletic Commission rescinded Tyson’s boxing license and fined him $3 million dollars and the cost of the hearing. He was unable to fight anywhere in the U.S.

1998: Tyson’s boxing license was restored.

1999: Tyson won a KO against Francois Botha. The next month he was again imprisoned for 9 months for beating up two motorists in an accident the year before.

After his release he fought Orlin Norris, but the bout ended in a no contest.

2000: Tyson would have 3 bouts during this year. Beating Juilus Francis in England with a knockout.

His second fight was against Lou Savarese in Glasglow with Tyson winning in about 38 seconds.

His third fight Tyson won after Andrew Golota suffered from a neck injury and broken neck and couldn’t continue the match. This win was changed to no contest when Tyson’s post fight screening showed he had Marijuana in his system.

2001: Tyson won his bout with Brian Nielson with a TKO.

2002: Tyson would fight Lennox Lewis and lose

2003: In Tyson last pro victory he beat Clifford Etienne.

2004: Tyson lost to Danny Williams after suffering a knee injury.

2005: Tyson quit in the middle of the 7th round ending his pro boxing career for good.


Personal Life

Tyson currently lives in Seven Hills, Nevada with his third wife Lakisha “Kiki” Spicer.

His first marriage to actress Robin Givens ended when Givens stated she was terrified of the boxer and that he abused her. The couple was married from 1988 to 1999.

In 1992, Tyson was arrested and charged with rape and was later convicted, spending less than 3 years of his 6 year sentence in prison. He got out in 1995.

In 1997, he married Monica Turner and the couple had two children Amir and Rayna. The couple divorced in 2003.

In 1999, during his marriage to Turner Tyson again spent 9 months in jail for assaulting 2 motorists.

In 2009, Tyson’s 4 year old daughter Exodus died when she was accidentally strangled by a cord on a treadmill.

Tyson also remarried in 2009 to his current wife Lakiha “Kiki” Spicer. The couple has two children Milan and Morrocco.

Tyson has been diagnosed with Bipolar disorder and has had difficulty with drug abuse and alcoholism.

He has 7 children: Rayna, Amir, Miguel, D’Mato, Milian, Morrocco and Exodus and claims his second wife eldest child as his own although he is not the father.

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