It is doubtful that the world of Pro-boxing would see another legend of the likes of Mike Tyson. The bad boy of the boxing world has had a habit of always being in the news, either for his boxing matches or for his notorious way of life.
The heavyweight boxing champion was known for forcing his opponents into submission within minutes of his trashing. Mike Tyson was ferocious and savage like a beast. He was known for instilling fear into the hearts of his opponents within minutes of entering the ring.
Fans of “Iron Mike” have a reason to rejoice. The 54-year-old pro-boxing legend is finally making a comeback. Mike Tyson is returning to the ring this Saturday to fight against Roy Jones Jr. for an exhibition match.
Mike Tyson’s Net Worth
While at the peak of his Pro-boxing career, money rained on Mike Tyson. The boxing champ is expected to have amassed millions of dollars during his boxing career.
As of 2020, Mike Tyson is expected to have a net worth of approximately $3 Million.
Though this is nothing compared to the $300 Million fortune that Tyson had at the peak of his career. The champ made around $700 Million form his boxing winnings. He earned another $430 Million from brand endorsements.
However, his lavish lifestyle and notorious antics eventually led to a fall in his earnings and net worth. Mike Tyson declared bankruptcy in 2003. The pro-boxer burnt away millions of dollars on mansions, cars, jewelry, extravagant gifts for strangers. He even had a collection of Bengal tigers costing around $70,000 a piece. Mike Tyson went to the extent of keeping a person on staff whose sole purpose was to wear army fatigues and shout “guerrilla warfare” at press conferences, for which Tyson paid him $300,000 per year. All this, coupled with his criminal convictions, including a conviction for rape led to the downfall in his net worth.
‘Iron Mike’ comes out of Retirement.
Mike Tyson will be entering the ring for the first time in 15 years on Saturday. It will be a novel experience for people who have only heard about the man’s legend but never really got to see him in action. But for those who have been around since Mike Tyson’s early boxing day to bottoming out in an Indiana prison. When asked why he has taken this decision, Tyson kept his answer short and simple. He said,
“It’s because I can do it.”
When asked about his fight with Tyson, Roy Jones Jr. had this to say,
“I’m happy; I get to see what it’s like to be in the ring with Mike Tyson before I die. I’ll get the best wishes for my life.”