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Mike Tyson Net Worth 2022

Mike Tyson net worth

Mike Tyson net worth 2022: Mike Tyson is a legend in the world of boxing. He is among the greatest and most successful boxers of all time. Keep read as we bring to you all the information you need to know about the net worth of Mike Tyson.

Mike Tyson net worth Profile

Net worth$10 million
Full NameMichael Gerard Tyson
Date of BirthJune 30, 1966
Place of BirthFort Greene, Brooklyn, New York City

Mike Tyson is one of the greatest heavyweight boxers in history. He was given a many names due to his personality, he called “Iron Mike”, “Kid Dynamite” and also “the baddest man on the planet”.

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During his time as a heavyweight boxer, Tyson broke a lot of records, he is the first boxer to ever win the
heavyweight title at 20 years of age, he still holds the record till today.
Mike Tyson was also the first heavyweight boxer to the WBA, IBF and WBC title simultaneously.

He is also one of the world heavyweight champions with the highest number of wins via knockout (44).

He is also involved in one of the biggest upsets in boxing history, due to his loss to Buster Douglas, an underdog heavyweight boxer who defeated him via knockout, losing his titles to him.

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In this article, we bring you fascinating facts about the career, networth and lifestyle of the world champion, Mike Tyson.

Mike Tyson Early Life

Mike Tyson, whose birth name is Michael Gerard Tyson, was born on 30 June 1966, in Fort Greene, Brooklyn, New York City. His biological father was listed as “Purcell Tyson” who hails from Jamaica. Tyson grew up knowing Jimmy Kirkpatrick as his father.

Mike Tyson had a rough childhood as Kirkpatrick deserted his mother at the time he was born. Due to financial difficulties the family had to relocate to Brownsville, by then, young Tyson was 10 years old. 

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Things become worse when Mike Tyson’s mother passed away, leaving him in the care of Cus D’Amato, a boxing manager and trainer who took custody of Tyson.

Before he began living with Cus D’Amato, Tyson had been arrested severally for his repeated involvement in crimes. He was always involved in a fight. Cus D’Amato continued from where Bobby Stewart stopped as Tyson’s boxing coach.

Mike Tyson Career

Mike Tyson began his boxing career  with him winning several gold medals at the Junior Olympic games in 1981 and 1982 where he defeated Joe Cortez and Kelton Brown as an amateur boxer. He later won a heavyweight gold medal at the 1984 Summer Olympics in Los Angeles. 

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During his professional career, Mike Tyson won his 26 out of his first 28 fights by either KO or TKO. Tyson soon became invisible that people began thinking that he was undefeated and unbeatable until he met his match in against Buster Douglas whose late mother had said that her son, Buster Douglas would defeat Mike Tyson in the fight. He subsequently lost the fight to Buster Douglas in 1990,in Tokyo. 

Among Mike Tyson’s signature moves was a right hook to his opponent’s body followed by a right uppercut to his opponent’s chin. 

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Mike Tyson happens to be the first boxer in the heavyweight division to claim the WBC WBA, and IBF titles simultaneously. He is also the only heavyweight boxer to unify them successfully. He still ranks among the best boxers of all time, till this day. 

During his boxing career, Mike Tyson has had a total of 58 fights, a total of 59 wins, with 44 by knockouts, he has lost 6 times. Looking at these stats, I am sure you now see why he is regarded as one of the best boxers of all time.

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Controversies

Being a fighter that grew up on the streets, Mike Tyson never gave up those rough life and these got him into a lot of trouble, even tainting his career. He was arrested and sentenced to 6 years in prison after being found guilty of rape. He only served three years and was later released on parole.

Mike Tyson Net Worth

Mike Tyson net worth is estimated at just $10 million. With an illustrious career with a lot of titles and records to his name, Mike Tyson unfortunately does not command the corresponding financial status.

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Lifestyle

Mike Tyson lived an extravagant lifestyle. He spent his money wastefully on expensive cars, women, jewelries and so on. This resulted in the reduction in his net worth leading to his indebtedness which amounted to some $23 million.

Awards

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  • Ring magazine Prospect of the Year 
  • 2× Ring magazine Fighter of the Year
  • 2× Sugar Ray Robinson Award winner 
  • BBC Sports Personality of the Year Overseas Personality
  • International Boxing Hall of Fame inductee 
  • “Guirlande d’Honneur” by the FICTS 
  • Professional wrestling
  • WWE Hall of Fame 

Philanthropy 

Even though he has been in a circle of several controversies, Mike Tyson is also known for impacting positively in the lives of children through the Mike Tyson Cares Foundation which was set up with the aim of giving kids a fighting chance by providing innovative centers that cater for the general needs of Kids from broken homes. 

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