Whether you identify as a sports fan or not, you must live under a rock (and for decades at that) to not know who Mike Tyson is. Such has been the impact of the yesteryear professional boxer on the sport. For the past three decades, he has regularly been in the headlines, be it for his actions in the ring or his ‘vibrant’ lifestyle away from it. The 58-year-old legend will, however, be put to the test in the ring once again, now that he has a fight with Youtuber-turned-boxer Jake Paul scheduled for 15 November 2024. We look at the net worth of Mike Tyson ahead of the live fight.
Arguably among the greatest boxers of all time, Tyson holds multiple records to his name and was the undisputed king of the sport from 1987 and 1990. With 50 wins from 58 matches, he drew the curtains on his career after losing to Irishman Kevin McBride in June 2005. He hasn’t had a professional fight in almost 20 years since then.
However, 2024 had a surprise in store for us as Tyson announced that he would return to the ring to face YouTuber Jake Paul. Yes, there have been a few hiccups since then — the legendary boxer suffered an ulcer flare-up aboard a flight from Miami to Los Angeles in May 2024, forcing the bout on 20 July to be cancelled. But he has now recovered completely and will be taking on Paul four months after the initial date.
Here are the details of the Mike Tyson and Jake Paul fixture:
- Date: 15 November 2024
- Venue: AT&T Stadium, Arlington, Texas
- Category: Heavyweight
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Even though he has been away from action for nearly 20 years, Tyson has indelibly left his mark with an unmatchable legacy. Besides, regular appearances in movies such as Rocky Balboa, The Hangover series and Ip Man 3 and music videos like Godzilla by Eminen meant that, over time, Tyson became a pop culture icon.
Such widespread success is often accompanied by fame and wealth. So exactly how rich is ‘Iron Mike’? Scroll on to learn everything we know about the net worth of Mike Tyson in 2024 including his career earnings, lavish properties, fancy car collection, brand deals and more.
How to watch the Mike Tyson vs Jake Paul fight on 15 November 2024:
The Mike Tyson vs Jake Paul fight is available to stream live on Netflix at 8 p.m. ET (9 a.m. SGT).
Mike Tyson net worth: All we know about the wealth of the legendary American boxer
How much is the net worth of Mike Tyson?
For someone as successful and popular as Tyson, his wealth is underwhelming, to say the least.
According to a report by Celebrity Net Worth, Mike Tyson, as of 2024, commands a net worth of USD 10 million (around SGD 13.1 million). Albeit not a meagre sum by any means, it does not meet the expectations of most people.
The truth is that Tyson has a rugged history when it comes to his life outside the ring, including several lawsuits and a three-year stint in prison. He even filed for bankruptcy in 2003 with a debt of over USD 23 million. If this wasn’t enough, the boxer is famous (or should we say infamous?) for being a spendthrift.
All the aforementioned factors explain why Mike Tyson’s net worth is not as grand as other successful and iconic sports personalities.
A look at Mike Tyson’s career earnings
Since he has not been a part of the professional boxing landscape for nearly two decades, Mike Tyson does not have a salary per fight. But in his prime, he has earned more than what most boxers today can even imagine.
Tyson’s first major paycheck came in 1987 when he signed a contract with pay television network HBO worth USD 27 million that lasted for eight fights. Once that ran out, he inked a long-term USD 120 million deal with television network Showtime.
However, all that glitters is not gold. While he was earning millions, Tyson had to shell out a major chunk of his income to his representative and one of the most popular wrestling promoters ever, Don King.
Tyson’s biggest career paycheck came in 2002 for his fight with Lennox Lewis. Even though the former lost the bout, he took home a staggering USD 103 million (which, in today’s time, is equivalent to USD 148 million).
Celebrity Net Worth suggests that, throughout his career, Mike Tyson has earned around USD 423 million. If we adjust that for inflation, in 2024 that amounts to well over USD 700 million.
Deep diving into Mike Tyson’s houses
Don’t let his net worth fool you — when we say Mike Tyson is known for his ‘vibrant’ lifestyle, we mean it in the truest sense of the term. A child with a modest upbringing in a Brooklyn-based apartment, at his peak Tyson owned several lavish mansions. In 2024, all his properties, put together, are worth well over USD 60 million.
Here is a look at a few of them:
Ohio mansion
This grand property in Southington, Ohio had every luxurious amenity conceivable and then some. It boasted five bedrooms, a swimming pool, a jacuzzi and a basketball court. The entire house featured gold-plated furniture and was decked with crystal chandeliers.
Additionally, the property had massive steel cages to house — wait for it — four tigers! That’s right. The boxer was popular for his collection of Bengal tigers and spent around USD 70,000 for each of them. Moreover, he hired a trainer to take care of the big cats and paid him USD 125,000 per annum.
As fate would have it, Tyson’s three-year prison sentence from 1992 (which was initially meant to be for six years) resulted in the boxer becoming financially unstable. Therefore, he was forced to sell this amazing property in 1999 for around USD 1.1 million.
Later on, it was converted to a church. However, the basketball court remains intact and has Tyson’s name etched on the front gate.
Connecticut property
Besides the mansion in Ohio, Mike Tyson also owned a huge property in Farmington, Connecticut that screams opulence from every corner. Spread over 50,000 square feet, this house featured as many as 52 rooms, 21 of which were bedrooms and 25 bathrooms.
Other features of the house included an indoor pool, a hot tub, an indoor basketball court, multiple game rooms, a casino, a recording studio and a green-screen room. Moreover, there was a private nightclub in the mansion.
When Tyson was declared bankrupt in 2003, he had to sell this property to renowned American rapper 50 Cent for USD 4.3 million (approx.). Eventually, 50 Cent sold the house as well in 2019 due to its mammoth maintenance cost.
Maryland property
In 1995, Mike Tyson’s former wife Monica Turner bought this property, with the couple living here in the early 2000s before getting divorced. The boxer got the house in their divorce settlement.
A 30-minute drive from Washington, D.C. takes you to this beautiful mansion that overlooks the Congressional Country Club golf course. For the unversed, this course has hosted several editions of the prestigious US Open golf tournament.
The house sports seven bedrooms, a gymnasium, a swimming pool, a spa, a game room, a sports centre and a piano room with a Weber grand piano.
According to reports, Tyson listed the house for sale at an estimated USD 9 million.
Nevada property
Once he moved out of his Maryland mansion, Mike Tyson shifted to a new home in the suburbs of Henderson in Las Vegas, Nevada. The house, located in the gated community of Seven Hills, boasted six bedrooms, six bathrooms and a private balcony. This two-storeyed property was spread across 5,740 square feet and even featured a 25-foot-high waterfall in the reception room!
Many of us remember this house from the 2009 film The Hangover where the four central characters (one of them played by Bradley Cooper) stole a tiger after creeping into the property. Tyson gave director Todd Phillips unrestricted access to shoot the scenes.
Eventually, he sold the house in 2016 for nearly USD 2 million.
Today, Mike Tyson has renounced his eccentric lifestyle. At present, he lives in a different property in the Seven Hills community, close to the famed Las Vegas strip. This Mediterranean-style villa is spread over 10,400 square feet and has six bedrooms and seven bathrooms. It is the only property currently owned by him and is worth USD 2.5 million.
A peek into Mike Tyson’s car collection
Throughout his career, Mike Tyson has recklessly bought cars and bikes. Many reports suggest that he has owned over a hundred vehicles in his lifetime. We cannot confirm if this figure is correct, but the boxer has certainly driven some exquisite cars over the years.
Here are the best ones worth mentioning:
Cadillac Seville
The Cadillac Seville, bought by Mike Tyson in 1985, was his second Cadillac after the Eldorado that was gifted to him by his co-manager Jim Jacobs.
- Engine: 4.1-litre V8 engine
- Output: 135 horsepower
- Transmission: Four-speed automatic
- 0 to 100 kilometres per hour: Around 13 seconds
Much ahead of its time, the Seville offered electronic control for the stereo system, climate control, suspension and a fuel-injection system. While it wasn’t the fastest vehicle back in the day, this Cadillac model was luxurious to the core.
Rolls-Royce Corniche
To celebrate his International Boxing Federation (IBF) World Championship win in 1987, Mike Tyson bought the Rolls-Royce Corniche. This car was based on a prototype vehicle that was blown up in a French dock in the early days of World War II.
- Engine: 6.75-litre V8 engine
- Output: 205 horsepower
- Transmission: Three-speed automatic
- 0 to 100 kilometres per hour: Around 10 seconds
Even though it sported a massive engine, the car was slow due to its immense weight. But the comfort it provided was hard to beat. As a result, the Corniche became a favourite among celebrities like Tyson, Michael Caine, Paul McCartney and Elton John (to name a few).
Bentley Continental SC
The Bentley Continental Sedanca Coupe (SC) was a retro-looking variant of the Continental T. However, it was futuristic in every other sense.
- Engine: 6.75-litre turbocharged V8 engine
- Output: 420 horsepower
- Transmission: Four-speed automatic
- 0 to 100 kilometres per hour: Around six seconds
In 1999, Mike Tyson got his hands on this rare Continental variant. For context, Bentley made only 78 of these bad boys. The model in his garage featured two detachable glass sunroof panels over the front seat.
Ferrari F50
After spending three years in prison, Mike Tyson returned to the ring in 1996 and defeated Frank Bruno to claim the World Boxing Council (WBC) heavyweight title. As a reward, he gifted himself the stunning Ferrari F50.
- Engine: 4.7-litre V12 engine
- Output: 512 horsepower
- Transmission: Six-speed automatic
- 0 to 100 kilometres per hour: Around four seconds
This lightning-fast car was a revolutionary creation by Ferrari. It was the brand’s first road car to feature a tub made entirely of carbon fibre.
Lamborghini Super Diablo Twin Turbo
Perhaps the most picturesque sports car Mike Tyson ever owned, the Lamborghini Super Diablo Twin Turbo was an upgraded variant of the Diablo VT.
- Engine: 5.7-litre twin-turbo V12 engine
- Output: 850 horsepower
- Transmission: Five-speed automatic
- 0 to 100 kilometres per hour: Around three seconds
Back in the day, Tyson spent over USD 500,000 to make the Super Diablo one of the fastest road cars money could buy. The yellow-and-black paint job of the vehicle resembled the Bengal tigers he owned.
Which brands does Mike Tyson endorse?
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Given his fame, it isn’t surprising to see Mike Tyson enjoy endorsement deals with several multinational brands such as CopperGel, Smart Cups and Black Energy Drink, among others. He also has a ranch named Tyson Ranch where the manufacturing and distribution of his merchandise takes place.
It was in 1986 that Tyson started attracting the attention of brands for sponsorship after he became the youngest heavyweight champion in history. Companies such as Pepsi and Nintendo were the first to approach. Others like Eastman Kodak and EA Sports eventually hopped on the bandwagon.
However, brands started to maintain their distance from him once allegations of domestic violence against the boxer came to light. It took Tyson a long time to clear his public image and regain companies on his endorsement portfolio.
Mike Tyson’s philanthropic deeds
Growing up in New York, Tyson struggled with poverty during his childhood and, if his philanthropic deeds are anything to go by, it looks like his lived experiences made him a benevolent soul. From time to time, he does his bit to help those in need.
In October 2012, the boxer founded the Mike Tyson Cares Foundation. The objective of this non-profit organisation is to provide shelter to children from broken homes and give them a fighting chance by catering to their all-round needs.
Besides his foundation, Tyson regularly participates in charity events to raise funds for social causes.
(Hero and featured image credit: @miketyson/Instagram)
Frequently Asked Questions (FAQs)
As of 2024, Mike Tyson has a net worth of USD 10 million (SGD 13.1 million).
Mike Tyson's current earnings per year are unknown. However, he has earned around USD 423 million throughout his career.
Since Mike Tyson has not been a part of professional boxing for around 20 years, he does not have a salary per fight.
Mike Tyson's present house in Las Vegas, Nevada is worth USD 2.5 million.
Reports suggest that over the years, Mike Tyson has owned more than 100 cars.
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Uddipta writes about sports and watches besides occasionally venturing into the world of automobiles and technology. He was associated with the Indian Express in the capacity of a sub-editor at their Lifestyle desk. A journalism and mass communication student from Xavier Institute of Communications, Mumbai, Uddipta devotes most of his leisure time to photography and filmmaking. He has contributed photographs to Vogue Italia and several exhibits, and has directed award-winning short films screened at film festivals in India and abroad.
