As a huge fan of boxing and Mike Tyson in particular, I’ve been following his career with great interest for decades. Tyson’s story is one of both triumph and tragedy – a man who rose to the very pinnacle of his sport, accumulating immense wealth, only to see it all but disappear due to reckless spending and personal struggles.
Mike Tyson, an American boxing legend with a renowned and debatable career spanning over two decades, amassed considerable fortune throughout his time in the ring. However, he eventually lost it all and filed for bankruptcy. Curiosity among fans regarding Tyson’s current financial situation is piqued, leading us to explore Mike Tyson’s estimated net worth in 2024.
What is Mike Tyson’s net worth in 2024?
Mike Tyson has an estimated net worth of $10 million in 2024.
Mike Tyson is best recognized as a prominent professional boxer whose impressive 20-year career earned him vast recognition and wealth. However, his boxing tenure took a hit when he was suspended from the sport following an incident during his bout against Evander Holyfield in 1997. Outside of the ring, Tyson has made appearances in films and hosts a podcast named Hotboxin’ with Mike Tyson.
Mike Tyson’s earnings explained — how does he make money?
Mike Tyson previously relied heavily on his boxing earnings for income. Presently, however, his sources of revenue include entrepreneurship, entertainment, podcasts, and occasional fights.
Boxing
Tyson amassed approximately $400 million from his boxing career but declared bankruptcy in 2003 with debts totaling $20 million. Despite his former extravagant spending, he now has a reported net worth of $10 million. Post-retirement from professional boxing in 2005, Tyson continues to engage in exhibition fights; his next match is planned against Jake Paul this year.
Acting
Tyson made appearances in a few movies like “The Hangover,” and earned money from these minor roles. This compensation added to his overall income as well.
Podcast
Mike Tyson’s podcast “Hotboxin'” on YouTube, Apple, and Spotify brings together various guests in engaging conversations with the former boxing champion. It also showcases his cannabis offerings. The podcast’s popularity leads to earnings for Tyson through streaming revenues, listeners, and advertising dollars.
Businesses
Tyson was a co-founder of the marijuana business, Tyson 2.0. This company is known for selling cannabis seeds. Before this, he had put money into the cannabis sector, and the earnings from that investment significantly added to his $10 million fortune.
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2024-07-16 15:11