Mike Tyson

Mike Tyson's Net Worth 2024, Salary, Partner, Family, and More

Who is Mike Tyson?

Michael Gerard Tyson, widely known as Mike Tyson, is an American former professional boxer, often celebrated as one of the most fearsome fighters in heavyweight boxing history. Nicknamed "Iron Mike" for his raw power and aggressive style, Tyson dominated the boxing world in the 1980s and became the youngest heavyweight champion at the age of 20. His terrifying persona and unpredictable temperament led him to be known as "The Baddest Man on the Planet." Tyson's career, spanning from 1985 to 2005, is marked by both astonishing victories and deeply controversial moments, such as his infamous 1997 "Bite Fight" against Evander Holyfield. At the height of his boxing fame, he was one of the wealthiest athletes in the world.

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Tyson's personal life and career have seen drastic highs and lows. Raised in a tough Brooklyn neighborhood, he encountered challenges that shaped his life both inside and outside the ring. Tyson’s explosive fighting style, grounded in his legendary “Peek-a-Boo” defense technique, made him an intimidating presence, often winning fights by knockout in the early rounds. Despite his achievements, his life has also been marked by legal issues, financial troubles, and personal struggles, making his story one of resilience, reinvention, and redemption.

Mike Tyson’s Early Life

Born on June 30, 1966, in Fort Greene, Brooklyn, New York, Mike Tyson's early life was fraught with difficulties. His father, Purcell Tyson, abandoned the family when Mike was young, leaving his mother, Lorna Smith, to raise him and his two siblings, Rodney and Denise, on her own. Tyson’s early childhood was shaped by the challenges of growing up in a crime-heavy neighborhood, often witnessing violence and poverty. Frequent moves and financial instability left Tyson with a chaotic and troubled upbringing. By age ten, Tyson had moved with his family to Brownsville, Brooklyn, known as one of the most dangerous areas in New York City.

Tyson's aggressive streak became apparent early on, and he quickly earned a reputation as a fierce street fighter. By age 13, he had been arrested 38 times for petty crimes, many related to his involvement in local gangs. Tyson’s life took a positive turn when he was placed in the Tryon School for Boys, a juvenile detention center in Johnstown, New York.

There, a counselor named Bobby Stewart, who was also an amateur boxing champion, noticed Tyson’s potential. Stewart introduced Tyson to legendary boxing trainer Cus D'Amato, who became a father figure to the young fighter and took him under his wing. D'Amato saw raw talent in Tyson and believed he had the potential to become the heavyweight champion of the world. The trainer's guidance and discipline laid the foundation for Tyson’s future boxing career and eventual stardom.

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Mike Tyson’s Wife, Kids and Former Partners

The 58-year-old has been married three times and is the father of seven children, including the late Exodus Tyson, who tragically passed away in 2009. His first marriage was to actress Robin Givens in 1988. The relationship quickly became troubled, with allegations of domestic abuse and erratic behavior leading to a highly publicized divorce in 1989. Givens described Tyson as volatile and abusive, and their split was covered extensively by the media, adding fuel to Tyson’s image as a controversial figure.

Tyson’s second marriage was to pediatrician Monica Turner, whom he married in 1997. The couple had two children, Amir and Rayna, but divorced in 2003 due to Tyson’s infidelity. Despite the split, Turner has spoken positively about Tyson’s role as a father. In 2009, Tyson married Lakiha "Kiki" Spicer, and they have two children together, Morocco and Milan. Spicer has been a steady influence in Tyson’s life, helping him through personal and financial hardships.

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In addition to his marriages, Tyson has had relationships with several women, including Kimberly Scarborough, with whom he has a daughter named Mikey Lorna Tyson. His relationship with Sol Xochitl produced two children, Miguel Leon Tyson and Exodus Tyson. Tragically, Exodus passed away at the age of four in 2009 after a tragic accident involving a treadmill cord. This incident deeply affected Tyson, marking one of the most sorrowful moments in his life.

Mike Tyson’s Net Worth 2024

As of 2024, Mike Tyson’s net worth is estimated at $10 million. Tyson’s earnings from boxing were once astronomical, reaching an estimated $400 million in total. During his peak, he was among the wealthiest athletes globally, raking in millions from fights and endorsements. However, extravagant spending, legal issues, and poor financial management led Tyson to declare bankruptcy in 2003. He reportedly owed nearly $23 million to various creditors, including the IRS, after years of high living and costly lawsuits.

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Since then, Tyson has rebuilt his wealth through a mix of business ventures, endorsements, and public appearances. His 2020 exhibition match against Roy Jones Jr. drew significant pay-per-view sales, bringing in around $80 million. Tyson also launched his cannabis brand, Tyson 2.0, which has become one of his most lucrative ventures, generating roughly $900,000 monthly. This, combined with endorsements and his podcast Hotboxin' with Mike Tyson, has allowed him to stabilize his financial status and regain some of his wealth.

Mike Tyson’s Career Timeline

  • 1985: Mike Tyson’s professional career began on March 6, when he knocked out Hector Mercedes in the first round. Tyson went on to win his first 19 fights by knockout, 12 of them in the very first round, which quickly established his reputation as a fearsome contender.

  • 1986: Tyson claimed his first title, the WBC heavyweight championship, on November 22, after defeating Trevor Berbick by TKO in the second round. This victory made him the youngest heavyweight champion in boxing history at the age of 20 years and 4 months.

  • 1987: Tyson unified the heavyweight division, winning the WBA and IBF titles and becoming the undisputed heavyweight champion of the world. He was widely regarded as the most formidable boxer of his era.

  • 1988: Tyson successfully defended his titles against top fighters, including Larry Holmes and Tony Tubbs, reinforcing his position as the reigning champion.

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  • 1990: In a stunning upset on February 11, James "Buster" Douglas knocked out Tyson in the tenth round at the Tokyo Dome in Tokyo, Japan, ending his undefeated streak. Tyson's defeat to Douglas remains one of the most shocking moments in boxing history.

  • 1992-1995: Tyson was convicted of assaulting model Desiree Washington in 1992 and sentenced to six years in prison. He served three years before being released in 1995.

  • 1996: Tyson reclaimed the WBC and WBA heavyweight titles in his comeback, defeating Frank Bruno and Bruce Seldon. Later that year, he faced Evander Holyfield, losing by TKO in the 11th round.

  • 1997: Tyson’s rematch with Holyfield became infamous as the "Bite Fight." Tyson was disqualified for biting Holyfield’s ear, resulting in the Nevada State Athletic Commission revoking his boxing license and fining him $3 million.

  • 2002: On June 8 in Memphis, Tennessee, Mike Tyson fought Lennox Lewis in a heavyweight title bout that drew 1.95 million pay-per-view buys, ranking among the era's highest-grossing events. Lewis leveraged his 84-inch reach and technical skill, dominating the match and knocking out Tyson in the eighth round to retain his WBC, IBF, and IBO titles. This marked Tyson’s final bid for a heavyweight title, solidifying Lewis's legacy while concluding a significant chapter in Tyson's career.

  • 2005: After consecutive losses, Tyson retired from professional boxing. His last match was against Kevin McBride, where he retired in the sixth round.

  • 2020: Tyson returned to the ring for an exhibition match against Roy Jones Jr. Despite ending in a draw, the match drew immense viewership, reflecting Tyson’s enduring popularity.

USA Today via Reuters

  • 2024: Almost 20 years after his retirement Mike Tyson is about to return to the professional sphere, one last time for a match against 27-year-old YouTuber-turned-boxer Jake Paul. The fight is scheduled for Friday, November 15, 2024, at the home of the Dallas Cowboys at the AT&T Stadium in Arlington, Texas. Organized and promoted by Jake Paul's Most Valuable Promotions (MVP), the event will be broadcast live on Netflix, marking the platform’s entry into high-profile boxing broadcasts.

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Mike Tyson’s Partnerships and Endorsements

Over the years, Tyson has collaborated with several prominent brands, leveraging his fame and boxing legacy. In his early career, Tyson endorsed Pepsi, Nintendo, and Toyota. In recent years, Tyson has endorsed Black Energy Drink, CopperGel, and Smart Cups. He also has partnerships with Futurola, a company offering premium smoking accessories like pre-rolls and cones, and Zumiez, a fashion brand.

Tyson’s influence expanded with his Hotboxin’ with Mike Tyson podcast, where he interviews celebrities and athletes. His brand, Tyson Pro, offers performance athletic gear, while the MT Collection includes official Tyson merchandise. These partnerships underscore Tyson’s influence in various industries, from sportswear to lifestyle products.

There is another partnership that Mike Tyson had. This was with legendary boxing promoter, Don King. Don King became involved with Tyson around the time Tyson became the undisputed heavyweight champion in 1987. Tyson was initially managed by Cus D'Amato and then later by Jim Jacobs and Bill Cayton.

After the death of Jacobs in 1988, Don King moved in as a mentor and promoter, positioning himself as a father figure for Tyson. King saw an opportunity in Tyson's rising stardom and quickly became his promoter. King promised Tyson greater control over his career and higher earnings. Tyson, drawn by King's charismatic presence and promises, eventually parted ways with Cayton, putting his career in King’s hands.

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During their partnership, King arranged some of the highest-grossing fights of Tyson’s career, including bouts against Frank Bruno and Evander Holyfield. Under King’s guidance, Tyson achieved extraordinary fame and wealth, with King reportedly taking a significant percentage of Tyson’s fight earnings. Despite this, Tyson trusted King during these peak years, relying on him as both a promoter and confidant.

The relationship began to deteriorate in the early 1990s, especially after Tyson was convicted and imprisoned for assault in 1992. Upon his release in 1995, Tyson’s suspicions about King’s management practices grew. Tyson eventually accused King of exploiting him financially, alleging that King had taken millions from his earnings and engaged in unethical practices.

In 1998, Tyson filed a $100 million lawsuit against King, claiming financial exploitation and breach of trust. The suit was settled out of court for a reported $14 million, but Tyson severed ties with King permanently, referring to him in later years as "ruthless" and "deceptive".

Mike Tyson’s Investments

Mike Tyson's most profitable investment is in the cannabis industry, where he launched Tyson 2.0, his cannabis brand. His unique product, “Mike Bites,” cannabis edibles shaped like an ear, references the infamous “Bite Fight” with Holyfield. Tyson 2.0 has proven to be financially successful, generating roughly $900,000 monthly. Today, the brand is worth more than $16 million. The brand expanded to include a line called “Holy Bites” in partnership with Evander Holyfield. Tyson 2.0 also partnered with Ric Flair’s “Ric Flair Drip” brand, increasing its market reach and appeal.

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Another notable investment is Tyson Ranch, where Tyson oversees the production and distribution of cannabis products. This venture is part of his broader involvement in the wellness and lifestyle sectors, aimed at normalizing cannabis use and reducing the stigma around it.

Mike Tyson’s Career Stats

Next fight: Nov. 15 vs. Jake Paul

Record: 50-6, 44 KOs

DOB: June 30, 1966

Age: 58

Stance: Orthodox

Reach: 71 inches

Height: 5-foot-10
05/11/2005Kevin McBrideL, TKO6
07/30/2004Danny WilliamsL, KO4
02/22/2002Clifford EtienneW, KO1
06/08/2002Lennox LewisL, KO8
10/13/2001Brian NielsenW, TKO6
10/20/2000Andrew GolotaNC, no contest 2
06/24/2000Lou SavareseW, TKO1
01/29/2000Julius FrancisW, TKO2
10/23/1999Orlin NorrisNC, no contest 1
01/16/1999Frans BothaW, KO5
06/28/1997Evander HolyfieldL, DQ3
11/09/1996Evander HolyfieldL, TKO11
09/07/1996Bruce SeldonW, TKO1
03/16/1996Frank BrunoW, TKO3
12/16/1995Buster Mathis Jr.W, KO3
08/19/1995Peter McNeeleyW, DQ1
06/28/1991Donovan RuddockW, UD12
03/18/1991Donovan RuddockW, TKO7
12/08/1990Alex StewartW, TKO1
06/16/1990Henry TillmanW, KO1
02/11/1990James "Buster" DouglasL, KO10
07/21/1989Carl WilliamsW, TKO1
02/25/1989Frank BrunoW, TKO5
06/27/1988Michael SpinksW, KO1
03/21/1988Tony TubbsW, TKO2
01/22/1988Larry HolmesW, TKO4
10/16/1987Tyrell BiggsW, TKO7
08/01/1987Tony TuckerW, UD12
05/30/1987Pinklon ThomasW, TKO6
03/07/1987James SmithW, UD12
11/22/1986Trevor BerbickW, TKO
09/06/1986Alfonzo RatliffW, TKO2
08/17/1986Jose RibaltaW, TKO10
07/26/1986Marvis FrazierW, TKO1
07/11/1986Lorenzo BoydW, KO2
06/28/1986William HoseaW, KO1
06/13/1986Reggie GrossW, TKO1
05/20/1986Mitch GreenW, UD10
05/03/1986James TillisW, UD10
03/10/1986Steve ZouskiW, KO3
02/16/1986Jesse FergusonW, TKO6
01/24/1986Mike JamesonW, TKO5
01/11/1986David JacoW, TKO1
12/27/1985Mark YoungW, TKO1
12/06/1985Sammy ScaffW, TKO1
11/22/1985Conroy NelsonW, TKO2
11/13/1985Eddie RichardsonW, KO1
11/01/1985Sterling BenjaminW, TKO1
10/25/1985Robert ColayW, KO1
10/09/1985Donnie LongW, TKO1
09/05/1985Michael JohnsonW, KO1
08/15/1985Lorenzo CanadyW, KO1
07/19/1985Larry SimsW, KO3
07/11/1985John AldersonW, TKO2
06/20/1985Ricardo SpainW, TKO1
05/23/1985Don HalpinW, KO4
04/10/1985Trent SingletonW, TKO1
03/06/1985Hector MercedW, TKO1

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Tyson’s aggressive “Peek-a-Boo” fighting style was central to his dominance. The technique, taught to him by Cus D’Amato, involved holding his gloves close to his face and constantly bobbing and weaving to evade opponents’ punches. This allowed Tyson to close in on his opponents and deliver devastating knockout punches, often ending fights early.

Mike Tyson’s Charity and Foundation

Mike Tyson has contributed to several charitable causes over the years, including his own Mike Tyson Cares Foundation, which provides support for at-risk youth. The foundation’s initiatives focus on healthcare, education, and housing, providing a safe environment for children from troubled backgrounds. Tyson has also participated in various events and made donations to support different causes, reflecting his desire to give back to the community despite his turbulent past.

Mike Tyson’s House

Mike Tyson currently resides in Henderson, Nevada, a suburban area near Las Vegas. His residence is considerably more modest than the luxurious mansions he owned during his prime. Tyson previously owned a mansion in Connecticut that included a nightclub, casino, and indoor pool, among other extravagant features. He also owned properties in Ohio, Maryland, and Nevada. Following his bankruptcy, Tyson sold many of these properties, including his Connecticut mansion, which was later purchased by rapper 50 Cent.

Mike Tyson’s Social Media Accounts

Tyson maintains an active presence on social media, where he shares updates on his life, career, and business ventures.

Instagram@miketyson
Twitter@MikeTyson
FacebookMike Tyson
YouTubeMike Tyson Official
Websiteshopmiketyson.com/collections/all

Personal Information

Full NameMichael Gerard Tyson
Popular NameMike Tyson
Nickname"Iron Mike"
Date Of BirthJune 30, 1966
Birth PlaceFort Greene, Brooklyn, New York
Age58
Height1.78 m (5'10")
WeightApproximately 220 lbs (100 kg)
ParentsLorna Smith and Purcell Tyson
SiblingsRodney Tyson, Denise Tyson, and half-brother Jimmie Lee Kirkpatrick
NationalityAmerican
EthnicityAfrican American
Net WorthEstimated $10 million (2024)
Salary-
SpouseLakiha “Kiki” Spicer (married in 2009)
Relationship/Marital StatusMarried
ChildrenMiguel Leon Tyson, Mikey Lorna Tyson, Milan Tyson, Morocco Tyson, Exodus Tyson (deceased), Amir Tyson, Ramsey Tyson
ProfessionFormer professional boxer, actor, entrepreneur
TeamManaged and trained by Cus D’Amato during his early career
TitlesUndisputed heavyweight champion (1987-1990), youngest heavyweight champion in boxing history

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