Mike Tyson Net Worth: How Many Times Was He Arrested?

Mike Tyson is a retired American professional boxer who enjoyed a great 20-year career, despite some fluctuations along the way. Tyson was the undisputed world heavyweight champion and the youngest boxer to ever win a heavyweight title at 20 years, 4 months, and 22 days.

Early Years of Mike Tyson

Mike “Iron” Tyson was born in the ghetto of Brownsville, Brooklyn, New York, on June 30, 1966. Mike had two siblings, Denise and Rodney, however, Denise lost away at the age of 24 from a heart attack.

Purcell Tyson is the biological father of Tyson. Nonetheless, Mike was raised by Jimmy Kirkpatrick. However, Kirkpatrick abandoned the family while Mike was young, and his mother died when he was 16 years old.

mike tyson net worth

Mike was eventually placed in foster care, where he met famed boxing trainer Cus D’Amato, who took the young Tyson under his wing and taught him the skill and art of boxing. According to urban legend, Mike’s first street fight occurred when he witnessed a larger and older youngster ripping the head off a pigeon.

How Many Times Was He Arrested?

Tyson had more than 38 arrests by the time he was 13 years old. However, meeting Cus altered Mike’s life and launched him on the path to heavyweight boxing success.

In 1981 and 1982, Tyson gained his first professional boxing experience at the Junior Olympics, where he won gold medals. He also competed in the 1984 Summer Olympics, losing twice to Henry Tillman.

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Tyson’s first professional bout was at the age of 18, and he knocked out Hector Mercedes in the first round. This would be the beginning of a trend for Tyson, who routinely won fights in the opening round. Tyson proceeded to fight opponents who were more difficult than those he had encountered in the past, leading many to predict his meteoric climb to fame.

mike tyson net worth

Cus D’Amatto passed away in 1985, and early in Tyson’s career, he lost an essential father figure. Many subsequently believed that this would have a disruptive effect on Tyson’s future existence.

What is the Net Worth of Mike Tyson?

In the late 1980s, retired American boxer Mike Tyson was the uncontested world heavyweight champion. According to the Celebrity Net Worth, Mike Tyson’s net worth is $10 million. Mike was one of the most famous and well-compensated athletes in the world during his prime.

At age 20, he was the youngest champion in history. At his peak, he spent or was swindled out of a personal wealth that exceeded $300 million. In 2003, Michael filed for bankruptcy. According to the bankruptcy petition, he owed approximately $23 million at the time.

How Did He Spend His Money?

Mike Tyson is likely one of the top 15 heavyweight boxers to ever walk foot in a gladiatorial arena, but he ranks considerably higher in terms of pound-for-pound spectacular spending. Mike was freed from prison in 1995, after serving four years, with a reputed $300 million in the bank to assist his transition back into normal life.

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Mike purchased a 21-bedroom/24-bathroom estate in Connecticut that included a casino and a nightclub. He also bought mansions in Maryland, Las Vegas, and Ohio, where he had gold-plated furnishings and a basketball court. Tyson had multiple Ferraris, Lamborghinis, a Range Rover, a Mercedes-Benz 500, and a 1995 Rolls Royce.

The Legends Only League of Mike Tyson

Mike Tyson announced the formation of Mike Tyson’s Legends Only League in July 2020. Tyson established the league in collaboration with Sophie Watts and her company, Eros Innovations. The league allows former professional athletes to compete in their respective sports.

mike tyson net worth

Mike Tyson faced Roy Jones Jr. in the Staples Center on November 28, 2020, in the first event staged by the Legends Only League. The event received mostly excellent feedback and was the top-selling PPV event of 2020, ranking in the Top-10 PPV purchased events of all time.


Mike Tyson is a former American professional boxer who had a successful 20-year career. Despite some bumps along the way. Tyson was the undisputed world heavyweight champion and the youngest boxer to ever win a heavyweight title at the age of 20 years, 4 months, and 22 days.

Mike Tyson’s net worth is $10 million, according to Celebrity Net Worth. During his prime, Mike was one of the most famous and well-paid athletes in the world.

Frequently Asked Questions

Why Did Mike Tyson Have to Get Rid of His Tiger?

According to one of his previous representatives, an altercation with a Las Vegas resident cost him one of his massive cats. In an interview with The Sun, Tyson’s old manager Shelley Finkel said that the former boxer had to get rid of one of his three tigers due to an incident in his neighborhood.

Is Tyson Still Keeping Tigers?

They also have some beautiful tigers and lions, Mike. If you had one of those, that would be fantastic,'” Tyson stated in 2021 on his Hotboxin podcast.

What is Mike Tyson’s Boxing Record?

The boxer has a career record of 50 wins (44 KOs), six losses, and two no-matches.

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