What is Mike Tyson worth?

Answer 1

I think two to three million; originally he was worth somewhere in the neighborhood of close to $100 million, and was in fact one of the wealthiest champions in boxing history. In addition to the ridiculous price tag he commanded for a Tyson fight card, there were endorsement deals back in the 1980's, and I believe a few investments. So, what the hell happened? Robyn Givens and later on that beauty queen alleged rape victim happened, the moment Tyson became "easy pickings" legally, people began stealing his money left and right. He's still wealthier than your average American, in that, highly likely he has a huge savings account worth 2 to 4 million (perhaps) BUT, its not enough money to live on, even with what he has left of his fortune he's going to have to work for a living, highly likely as a boxing trainer. Its the only thing he knows, after all. There was a time when Tyson was deeply in the red, but the fights he had in the 1990's, not to mention the help from a few friends, helped him get some of it back. He's not flat broke and milked dry the way Joe Louis ended up, Tyson DOES have some money left in that he wisely invested in some legal help to get some of it back but, again, he's not exactly going to live in luxury. Even though he has managed to secure a tidy nest egg, he's still "washed up." To boxers, money means very little if they don't walk away from the ring with their pride, which Tyson didn't. Tyson is not going to end up homeless any time soon, however, for all intents and purposes he's been psychologically emasculated. Look, in the world of boxing, a fighter can walk away with 15 million left in the bank with no danger of the IRS or anyone taking it from them, but, no amount of money can help a fighter get his pride back. Although financially he's in fact reasonably well off and he'll always have food and a place to live, psychologically, he's not well off.

Answer 2

This week Mike Tyson admitted that he has gone brooke due to his style of living.