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Mike Tyson Net Worth, House, Career, 2019

Published On: 03 Sep, 2019

Mike Tyson Net Worth, House, Career, 2019

The name Mike Tyson screams of influence and prominence. The retired heavyweight champion was active as a professional boxer from 1985 to 2005. His ability to throw quick punches and impenetrable defense earned him the name of 'Iron Mike.' His total career matches counted up to 58, and he lost only 6 of them. His long career was full of glory moments and bumpy rides.

Asides from his boxing career, the star has been a part of movies, a documentary and a Broadway show that revolved around his life.

Net Worth, House

Tyson's contribution as a boxer and TV personality is paramount. But, how much did the VIP accumulate in his long and celebrated career?

The 2019 stats have surfaced, and apparently, he now holds the estimated net worth of $3 million. Digging up the facts, it came to light that the American boxer’s fortune had skyrocketed to an amount of $300 million in his career pinnacle. But he threw it down the drain thanks to his recklessness.

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He went bankrupt in 2003. He was the man who owned several luxury mansions, supercars, $2 million bathtub and Bengal tigers for pets during his career prime.

So, where did his downfall start? It was around the year 1988 that he started heading downhill personally and professionally. His divorce with wife Rovin Givens and other misfortunes led him even part ways with his longtime trainer Kevin Rooney.

Shortly after that, he was alleged of raping an 18-year-old model Desiree Washington. He attempted a comeback in 1955 after three whole years of serving as a prisoner. But again, the boxer culminated his career in 1997 after biting off a chunk of fellow boxer Evander Holyfield’s ear in the third round.

His bankruptcy in 2003 and other events led to his retirement on the 11th of July, 2005. His 2003 misfortune cost him his luxurious 13,500 sq ft mansion in Ohio that he had purchased back in the 1980s.

Currently, he owns the $2.5 million house since 2016. Tyson regained some of his wealth with movie cameos from The Hangover in 2009 and its sequel. He now mentors young boxers and is planning on releasing his book describing his time with trainer Cus D’Amato.

Professional Career

With his debut in Albany on 6 March 1985, Mike embarked on his journey to greatness at the age of 18. Sadly the death of his then-coach D’Amato grieved the young boxer in 1985, and Kevin Rooney took his place as the new trainer.

At the age of 20, Mike won his first title as the youngest heavyweight champion knocking out Trevor Berbick following with the accomplishment of holding all the three major boxing belts on 1st August of the same year. He was so famous that the gaming company Nintendo released a game in his honor named Mike Tyson’s Punch-Out! (1987), which grossed a lot with more than a million copies.

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It was the 11th of February, 1990 when Buster Douglas snatched Tyson's heavyweight championship belt in Japan. Later that year, he redeemed himself knocking out Olympic gold medalist Henry Tillman and another contender Alex Stewart.

Iron Mike: Legendary Boxer Mike Tyson at the ring (Photo: moneyinc.com)

In his whole career from 1985 to 2005, out of 58 fights, he won 50, and forty-four of them were knockouts. His noted career was more highlighted when he was included in the International Boxing Hall of Fame (2011).

Personal Info

Michael Gerard Tyson or Iron Mike was born on the 30th of June, 1966 in Brooklyn, New York. His father was Jimmy Kirkpatrick, and his mother was Lorna Smith Tyson. The 5-foot 10-inch boxer grew up with his siblings Rodney and Denise.

As far as one knows, the American boxer was associated with several partners including Lakiha Spicer (2009 to present), Robin Givens (1988-1989) and Monica Turner (1997-2003). He has a total of seven children from his three marriages- Amir, late Exodus, Miguel Leon, Mikey Lorna, Milan, Morocco, and Rayna Tyson.

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He had a pretty fantastic career with ups and downs. He quickly rose to fame in his beginning years but reached his career bottom pit in the year 1990 that haunted him for the rest of his days. His career went dark, and he was sentenced to jail multiple times for sexual abuse, drug possession, and other rash behaviors. He later even admitted to using his family’s urine to escape doping test allegations.

Fortunately, the boxer seems to have learned his lesson now and currently resides in Seven Hills Nevada lavishly with his third wife Lakisha Spicer and two children.