Mike Tyson, a legend in the boxing world, is not only known for his spectacular knock-out punches but also for his story of squandering a colossal fortune of up to 400 million USD. His life is a series of reckless spending decisions, from gifting supercars to rivals to hosting lavish parties, leaving many people astonished.
The Desire to Rise from Violence
Mike Tyson grew up in Brownsville, an area filled with crime and violence. In the dark alleys, he witnessed many injustices and hardships. However, deep down, Tyson always harbored a fierce desire to rise above it all. With his iron fists and unwavering determination, he overcame every obstacle to become the youngest heavyweight champion in history.
A Glorious Career and Rapid Mistakes
At the age of 53, Mike Tyson continues to amaze people with his powerful punches and agile movement. In exhibitions with MMA fighters, he easily “knocks out” opponents with precise strikes, showcasing his undeniable appeal.
However, this glorious career did not last forever. At the peak of his success, Tyson earned up to 875 million USD, but shortly after, he squandered it all. After losing his championship title, his life became more decadent than ever. From luxurious mansions to expensive supercars, everything contributed to Tyson’s wealth quickly “vanishing“.
A Tragic Life and Poor Decisions
Mike’s life became even more tragic when he was accused of raping Desiree Washington and sentenced to six years in prison. Although he continues to deny all allegations, his time in prison severely impacted his career. Nevertheless, even during this period, Tyson still possessed a fortune of around 300 million USD.
During his four years in prison, Tyson did not stop investing in real estate, from a 21-bedroom mansion in Connecticut to properties in Maryland, Las Vegas, and Ohio, all lavishly decorated. He was also a generous consumer, owning 111 cars, including many luxury models like Ferrari, Lamborghini, and Rolls Royce.
The Mindset of Sharing and Shocking Decisions
Mike Tyson not only spent extravagantly on himself but also generously gifted to others. Once, while driving his Lamborghini, he gave the car to rival Tillman, someone with whom he shared many memories. He explained, “What did I do with 400 million? I hung out with guys who have nothing. What kind of person would I be if I didn’t share my wealth with them?”
