There will hardly be any combat sports fan who hasn’t heard of Mike Tyson. Despite being a boxer, ‘Iron Mike’ is still one of the most renowned sporting personalities in this world. He is still regarded as one of the hardest punchers that the sport of boxing has ever seen. ‘Iron Mike’ was also the highest-paid fighter of his time. Still, in 2003, Tyson went on to declare bankruptcy even after earning such a humongous amount of money from his boxing career.

On the other hand, Conor McGregor is one of the highest-paid modern-day fighters. McGregor has also made loads of money from his UFC fights but never suffered the fate of ‘Iron Mike’.

Conor McGregor has a net worth more than Mike Tyson

Currently, the net worth of ‘Mystic Mac’ is more than ‘Iron Mike’ by leaps and bounds. Tyson stands at a current net worth of an estimated $10M, whereas McGregor reportedly has a value of about more than $200M. It is pertinent to note that despite having the same nature of flashiness as Tyson, McGregor still manages to keep his net worth intact and even growing.

Alike ‘Iron Mike’, ‘Mystic Mac’ also loves sporting expensive apparel, luxurious pieces of jewelry, and fancy vehicles. But, it is his businessman mindset that has helped him keep up and grow his possessions.

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Total earnings of Conor McGregor and Mike Tyson

Mike Tyson had amassed a humongous amount of about $400M from the fight purses of his entire career. But, a huge mistake by Tyson was that he never planned to invest his money towards anything which would provide him with regular returns. In October 2021, Tyson started his own cannabis brand and makes about $600k per month from it.

On the contrary, the amount of money Conor McGregor made from his last two fights was $33M and $22M, although there are no exact statistics of how much money he has made from the UFC to date. But McGregor also makes money from a lot of other investments, the most famous of which is the ‘Proper No.12 Irish Whisky‘ and his chain of ‘Black Forge‘ pubs. McGregor reportedly made $180M in 2020 from the overall sales of his liquor venture.

Are Mike Tyson’s poor financial strategies the reason he has a low net worth?

A lot of people having proper knowledge about the issue would agree with this. ‘Iron Mike’ has explained in his documentary ‘Tyson’ that he was basically a boy from the streets. He never had any knowledge about how to handle money or use it for good.

Mike Tyson settled for nothing but the best as he grew wealthier. He went on to purchase luxurious jewelry, expensive mansions, and extravagant vehicles with his earnings. Tyson had also been involved in multiple lawsuits over time, which also cost him lucrative amounts of money. Also, he never had the idea of investing or planning business ventures to provide timely returns. Apparently, he was earning from one source but losing out his money from many sources.

Every lavish item Conor and Mike own

There are numerous pieces of luxuries that were sold off by Tyson during the time of his bankruptcy. Some of Mike Tyson‘s most extravagant pieces of luxury are/were :

• Lamborghini Super Diablo Twin Turbo
• A Gold Bathtub
• Rolls-Royce Silver Spur
• Jaguar XJ220
• Three expensive watches including a diamond one, one bracelet, and two pocket watches amounting to about $726k

‘The Notorious’ Conor McGregor also leads a flashy lifestyle and has quite a few luxurious items in his possession. They include :

• Patek Philippe Calatrava Skeleton Watch
• Jacob & Co. Astronomia Casino Watch
• Jacob & Co Rasputin Diamond Minute Repeater Watch (costing about $2.3M)
• Rolls-Royce Phantom Drophead Coupe
• Rolls-Royce Ghost.
• Two super-expensive yachts (one from Lamborghini)

Who has a more luxurious lifestyle, Tyson or McGregor?

Back in the day when Tyson was in his prime, it could be debated which of the two lead a more lavish lifestyle. But Tyson is a retired fighter now whereas Conor McGregor is still very much active and eyeing a return.

During his bankruptcy, Tyson was forced to sell off more than one of his prized possessions, which didn’t leave his lifestyle as luxurious as it was before. Tyson also isn’t earning lump-sum amounts from his fights anymore, but McGregor is still an active fighter despite his recent more than a year-long break. Hence, it is evident that McGregor has more possessions, which allows him to enjoy a more lavish lifestyle than Tyson does currently.

Overall, it can be said that McGregor had a lot more knowledge than Tyson about how to make good investments and better use of his money. His intelligent and businessman-like usage of his resources has made him a person who boasts a lot more net worth than even a legend of Combat Sports like Mike Tyson.