How Rich is Mike Tyson Right Now?

Published 06/20/2022, 8:46 AM EDT
LAS VEGAS, NV – AUGUST 26: Former boxer Mike Tyson attends the super welterweight boxing match between Floyd Mayweather Jr. and Conor McGregor on August 26, 2017 at T-Mobile Arena in Las Vegas, Nevada. (Photo by Christian Petersen/Getty Images)

‘The Baddest Man On Planet’ Mike Tyson is one of the greatest boxers of all time. In his prime, Tyson was the most intimidating fighter to have entered the squared circle. Consequently, being renowned worldwide had earned him quite a lot of money. However, Tyson is not as rich as he once was.

ADVERTISEMENT

Article continues below this ad

HOLLYWOOD, CA – MARCH 08: Mike Tyson arrives at the opening Night Of “Mike Tyson. (Photo by Frazer Harrison/Getty Images)

The two-time heavyweight champion made some bad financial choices which saw his wealth take a huge drop. Let’s take a look at how rich Mike Tyson really is.

ADVERTISEMENT

Article continues below this ad

Mike Tyson: Net Worth in 2022

Once one of the richest boxers of his generation, Tyson currently doesn’t earn as much as he used to. In 2022, Iron Mike’s estimated net worth is said to be around $10 million per Celebrity Net Worth. This value includes all his sources of income that we will take a look at next.

Mike Tyson Wealth Sources in 2022

One thing Tyson has done very well post-retirement is to have established various streams of income. One of the many sources is his hugely popular podcast, Hotboxin’with Mike, which earns him $200,000 in advertising revenue.

DIVE DEEPER

Butterbean Announces He Can Take on Mike Tyson on The Jimmy Kimmel Show

14 days ago

Along with that, he earns around $2 million for his various appearances in movies like Entourage and Ip Man 3, and The Hangover. Furthermore, he owns a marijuana resort called the ‘Tyson Ranch’ that sells $500,000 worth of marijuana strains, edibles, and merchandise every month.

How much has Mike Tyson earned in his boxing career?

In a career spanning over two decades, Tyson fought 56 times, winning 50 of them. The two-time heavyweight champion led an illustrious career, earning him millions of dollars. To be precise, Tyson earned a whopping $423,000,000 for his fights throughout his career.

ATLANTIC CITY, NJ – JULY 21: Mike Tyson and Don King celebrates after Tyson defeated Carl Williams. (Photo by Focus on Sport/Getty Images)

Additionally, his biggest fight purse came against the British Boxing legend Lennox Lewis, where he secured an exorbitant amount of $103,000,000 for the fight.

Mike Tyson: Endorsements and Contracts in 2022

In 2022 Tyson has endorsement deals with various brands that earn him more money. Brands like Smart Cups, Parimatch, Manscapped, and CopperGel are endorsed by the former heavyweight champion.

His most recent fight contract came in the form of an exhibition bout called ‘Lockdown Knockdown’ against Roy Jones Jr. in November 2021. Tyson earned a whopping $10 million for his comeback fight.

How have Mike Tyson’s bad financial decisions affected him?

ADVERTISEMENT

Article continues below this ad

‘The Baddest Man on Planet’ was once worth a staggering $300 million. However, it is no surprise to see that amount fall drastically, as Tyson made some serious financial blunders. At the height of his fame, Tyson had bought many expensive houses, cars, and even exotic animals.

LAS VEGAS – CIRCA 1989: Mike Tyson poses with his white tiger during an interview at his home.
(Photo by: The Ring Magazine via Getty Images)

All of this led to the eventual breakdown as Tyson filed for bankruptcy in 2003, as he was reported $23 million in debt. Hence, the net worth of the former heavyweight champion has shrunk to a mere $10 million.

ADVERTISEMENT

Article continues below this ad

WATCH THIS STORY: Mike Tyson Floyd Mayweather and Other Boxing Legends Who Appeared at WWE’s WrestleMania

What do you think about Mike Tyson’s current wealth? Let us know in the comments below.

SHARE THIS ARTICLE :

ADVERTISEMENT

Darsh Karkera

141 articles

Darsh Karkera is a Boxing author at EssentiallySports. He is currently pursuing his masters in Clinical Psychology at CHRIST University, Bangalore. According to Darsh himself, the one and only one thing that fuels him, is sports.

ADVERTISEMENT

ADVERTISEMENT