Years After Losing $400 Million Fortune and 2 Failed Marriages, Mike Tyson Opens Up About Dealing With Disappointments While Giving Hard-Hitting Life Lessons

Published 10/04/2023, 5:39 PM EDT

Nobody is as synonymous with the face of disappointment as legendary former boxer, and current podcaster, Mike Tyson. Tyson, the once-mighty heavyweight boxing champion, found himself confronting not only financial ruin in 2003 but also the wreckage of two failed marriages with Robin Givens and Monika Turner.

The journey from being the world’s youngest heavyweight champion, to the richest boxer boasting a whopping $400 million, and losing it all, ‘Iron’ Mike became the poster child for a comeback story. Despite these setbacks, Tyson’s journey from bankruptcy to redemption is a testament to his unwavering determination and resilience.

Mike Tyson: The face of resilience

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During an interview for Raiders, Tyson reflected on life’s inevitable disappointments. Emphasizing that life is nothing without discouragements, which is more defining than the taste of victory. This motto became the guiding light to Mike Tyson’s life.

Tyson, from an early age, faced multiple adversities. From having his own trainer pull a gun on him at 15, to the gritty streets of his life in Brooklyn, Mike Tyson had the perfect “made it” story, Though that would soon come to an end. According to Marca, after a series of bad investments and even worse relationships, Tyson’s life hit rock bottom. “In life, there’s always going to be disappointment,” He told the interviewer.

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A filed bankruptcy. and a restraining order later, Mike’s life seemed hopeless and hollow. Subsequently, Tyson’s story took a remarkable turn after hitting rock bottom. Once the youngest heavyweight champion at the tender age of 20, he had tasted the highs of success only to plummet into the depths of bankruptcy. But Tyson, ever the fighter, refused to succumb to defeat. Instead, he embraced the challenge of rebuilding his life with unmatched zeal.

Amidst his struggles, Tyson found solace in the mantra of believing in oneself. “ Belief, that’s the only reason I’m here because I believe I deserve to be here.”

Furthermore, Tyson’s perspective on handling discouragement underscores a profound truth: life is not just about the victories. We achieve but also about the strength we exhibit when we are faced with failures.

How did Mike Tyson come back from financial disaster?

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Mike Tyson, our comeback king has ventured into multiple prospects since his former boxing glory. Acting, with The Hangover series at the top of his accolades, and various other on-screen guest-starring appearances saved the pugilist from total financial ruin. He also started his own Marijuana based business, called Tyson 2.0- Undisputed Weed.

He also hosts his extremely famous podcast, Hotboxin’ With Mike Tyson, with co-host DJ Whoo Kid. But, these various endeavors don’t mean he is completely out of touch with boxing. The titan trains every day and has currently taken UFC Heavyweight, Francis Ngannou under his wing ahead of his big boxing debut against Tyson Fury.

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In the face of daunting challenges, Tyson’s story illustrates the transformative power of unwavering self-belief and the resilience to persevere. His ability to rise from the ashes of bankruptcy and broken relationships stands as a testament to the human spirit’s indomitable nature.

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Written by:

Simona Pereira is a Boxing writer at Essentially Sports and loves the sport in its entirety. Boxing keeps her on the edge of her seat and the drama that surrounds the sport is something that she remains interested in. She loves exploring the different angles that are there so that the readers know what's really brewing.

Edited by:

Arijit Saha

Years After Losing $400 Million Fortune and 2 Failed Marriages, Mike Tyson Opens Up About Dealing With Disappointments While Giving Hard-Hitting Life Lessons

Mike Tyson: The face of resilience

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How did Mike Tyson come back from financial disaster?