Net Worth Ranker
What Is Mike Tyson’s Net Worth?
As of today, February 27, 2025, Mike Tyson’s net worth is estimated to be $30 million. This figure includes a projected $20 million payday from his fight against Jake Paul on Netflix, scheduled for November 2024.
Mike Tyson’s Financial Journey: From Riches to Recovery
At the peak of his boxing career, Mike Tyson’s net worth reached an impressive $300 million. Throughout his career, he amassed over $400 million from fight purses and endorsement deals. Adjusting for inflation, this translates to approximately $700 million in today’s dollars. However, a combination of lavish spending habits and alleged mismanagement by promoters led to significant financial setbacks. Mike Tyson declared bankruptcy in 2003, reportedly with $23 million in debt.
Even as late as 2010, Tyson openly acknowledged his financial struggles. In a 2010 appearance on “The View,” he admitted to being “totally destitute and broke.” Despite these challenges, Tyson managed a financial comeback through various ventures, including lucrative appearance fees, roles in movies like “The Hangover” and “The Hangover II,” participation in exhibition matches such as his fight with Roy Jones Jr. where he could have made as much as 10 million, and investments in the cannabis industry.
Mike Tyson’s biggest career payday was $103 million for fighting Lennox Lewis in 2002. Approximately $75 million of this came from a pay-per-view bonus. In 1987, Mike Tyson inked a $27 million deal with HBO covering eight fights until his match against Alex Stewart.
In 1986, Tyson beat Trevor Berbick in the second round to become the youngest heavyweight champion in history, marking a key milestone in his early career. In 1987, he defended his title against James Smith to become the undisputed heavyweight world champion.
A breakdown of Mike Tyson’s career earnings from November 1986 to 2005 reveals the financial scale of his boxing career. His purses included:
Trevor Berbick: $1,500,000
James Smith: $2,000,000
Pinklon Thomas: $2,500,000
Tony Tucker: $2,500,000
Tyrell Biggs: $2,500,000
Larry Holmes: $5,000,000
Tony Tubbs: $10,000,000
Michael Spinks: $20,000,000
Frank Bruno I: $8,000,000
Carl Williams: $4,000,000
Buster Douglas: $6,000,000
Henry Tillman: $2,000,000
Alex Stewart: $3,000,000
Donovan Ruddock I: $6,000,000
Donovan Ruddock II: $10,000,000
Peter McNeeley: $25,000,000
Buster Mathis: $10,000,000
Frank Bruno II: $30,000,000
Bruce Seldon: $30,000,000
Evander Holyfield I: $30,000,000
Evander Holyfield II: $30,000,000
Francois Botha: $10,000,000
Orlin Norris: $9,000,000
Julius Francis: $10,000,000
Lou Savarese: $8,000,000
Andrew Golota: $10,000,000
Brian Nielsen: $5,000,000
Lennox Lewis: $103,000,000
Clifford Etienne: $5,000,000
Danny Williams: $8,000,000
Kevin McBride: $5,000,000
Roy Jones Jr: $10,000,000
Jake Paul: $20,000,000
Mike Tyson’s representatives clarified that he was planning to donate all of the earnings to charity.
Extravagant Spending and Investments
Mike Tyson was notorious for his extravagant spending. Between 1991 and 1995 Mike Tyson was imprisoned. In the three years immediately following his release, Mike spent $4.5 million on cars and motorbikes (19 vehicles he bought for friends) and $400,000 on pigeons and a variety of big cats, such as Siberian tigers. He also spent $300,000 on lawn care and garden maintenance alone, $240,000 per month for walking around money that he spent in daily life, $230,000 on cell phones, pagers, and phone bills, and $125,000 per year for an animal trainer to take care of the big cats. He also spent $100,000 per month on jewelry and clothes.
One of his most outlandish purchases was a $2 million golden bathtub for his first wife, actress Robin Givens. He owned a collection of Bengal tigers that cost $70,000 each, housed in a custom-built habitat. The animal trainer for these tigers cost $125,000 annually. Tyson even employed someone to wear army fatigues and shout “guerrilla warfare” at press conferences, paying them $300,000 per year.
He also owned several homes. His 21-room Connecticut mansion would later be owned by 50 Cent. This mansion featured a nightclub and casino. Mike also bought houses in Las Vegas, Ohio, and Maryland. His Ohio mansion featured gold-plated furnishings, pools, and a basketball court. His $4 million Las Vegas property featured an 11,000-square-foot mansion that he proceeded to remodel from scratch.
At the peak of his wealth and power, Mike splurged on a car collection that, at one point, featured over 100 cars. His collection included a $500,000 limited edition Bentley Continental SC. Only 73 of these cars were ever made. He also owned a number of Lamborghinis, Ferraris, a Mercedes-Benz 500, a Range Rover, and a 1995 Rolls Royce which he later totaled in an accident. He left that Rolls Royce at an auto repair garage and told them to keep it.
Mike Tyson has called Las Vegas home for much of the last two decades. In Vegas, he earns a healthy living, making personal appearances at parties and corporate events. Mike charges $75,000 for a two-hour personal appearance.
Mike Tyson’s Real Estate Portfolio
In 1996, Mike paid $2.8 million for a 51,000-square-foot mansion set on 17 acres in Farmington, Connecticut, located at 50 Poplar Hill Drive. Mike spent millions upgrading the property. He added a nightclub that could fit 1,000 people, an indoor gym, an indoor shooting range, over 100 phone extensions, and an NBA-regulation-size basketball court. In 2003, the mansion was awarded to his ex-wife Monica Turner as part of their settlement. Turner sold the home to rapper 50 Cent in 2003 for $4.1 million.
In February 2016, Mike paid $2.5 million for a lavish mansion in Henderson, Nevada. The one-acre property features a 10,400-square-foot mansion. Today, his Henderson mansion is worth around $5 million.
In January 2025, Mike paid $13 million for a sprawling, 12,000-square-foot waterfront estate in Del Rey Beach, Florida. The newly constructed home sits on nearly three acres, one acre being a private bass pond. Around the time of this purchase they also paid $1.7 million for a 2.2-acre property is located inside a private airpark.
One of the most important cars in his collection was a 1996 Ferrari F50. Ferrari only produced 349 F50s and only sent 55 to the United States. Mike Tyson’s Ferrari F50 is chassis #104220. Production on this model was completed on February 13, 1996. In 2001, two years before he declared bankruptcy with $23 million worth of debt, Mike sold his F50 to a tech entrepreneur named named Kevin Marcus. Marcus was an early employee of a pre-Google search engine called InfoSpace. The F50 traded hands twice more before going up for auction in August 2022. It sold at that auction for $4.625 million.
