How rich is Mike Tyson?

Name: Michael Gerard Tyson
Born: June 30, 1966
Occupation: Professional boxer (retired), actor

Mike Tyson, Photo: Octal
Mike Tyson, Photo: Octal

Even if you aren’t a fan of professional sports, there is a very good chance you know who Mike Tyson is. He is the youngest boxer to ever hold the title. Yet his career has been full of problems, controversy, and negativity in the public eye. He was banned from the profession after biting off part of a competitor’s ear. He also did time in prison for rape charges.

Mike Tyson grew up on the tough streets of Brooklyn, New York. He learned to fight to survive on the streets. His fighting and antics resulted in him going to the Tyron School for Boys, a reform school. There one of the counselors introduced him to boxing as an outlet for his anger. He dropped out of high school to pursue boxing.

In 1981 and 1982 he won medals in the Olympic Games for his boxing. He made his debut as a professional boxer when he was only 18. During his time in prison, he converted to Islam. He was inducted into the International Boxing Hall of Fame in 2011.

Today, Mike Tyson has been working hard to change his image and to make a life for himself. He has been involved in various movie roles, including The Hangover. At the end of the movie he debuts as a musician. He has been noted in the past few years as saying his life has been a waste. Emotionally, he has plenty of regrets. He also states that he is responsible for his three failed marriages. He has a total of eight children.

The main charity that Mike Tyson is involved with is the Laureus Sport for Good Foundation. The goal is to help at risk youth find sports they are good at and passionate about so that they can turn their lives around. Overcoming challenges is a big part of the program. At this time, he is believed to have a worth of around $1 million.

So how much is $1 million dollars really?

Mike Tyson will tell you himself that he has struggled with personal relationships and getting along with people in general. He enjoys pets more than people. Many people loved the tiger he had as a pet in The Hangover. He could buy a pair of them for about $400,000. The cost of licensing is about $120,000 per year for a pair plus $60,000 a year to feed them. He would have enough money to care for them for at least 5 years.

See also: Kobe Bryant.


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