Mike Tyson net worth – 1 Million bucks!
One of the most well known boxers in the world is regarded to be Mike Tyson. Currently, it has been stated that Mike Tyson net worth reaches only 1 million dollars. The net worth which he has today would have been much bigger if he would not have squandered all the money which he had received during the peak of his boxing career. At that time, he was reported to have spent 300 million dollars, the result of which is his today net worth of only 1 million dollars. Mike Tyson is known today as a retired boxer, which used to be the main source of Mike Tyson net worth. Moreover, he was an undisputed heavyweight champion.
Mike Tyson was born in 1966 in Brooklyn, New York. He was raised in one of the most dangerous neighborhood in New York. This could be proved by the fact that when he was only 13 years old, Mike Tyson had been already arrested for approximately 40 times. His life was saved from going to a wrong way when he was forced to study at the Tryon School for Boys. It was this time, when his abilities for boxing were noticed in the school.
His first coach of boxing became Bobby Stewart, who was also a juvenile detention center counselor. It was also Bobby Stewart, who introduced Mike Tyson to one of the biggest names in the boxing, Cus D’Amato. He became very close to Mike Tyson and started training him. Also, Cus D’Amato became his legal guardian when Mike Tyson’s mother passed away when Mike Tyson was 16 years old.
Soon, boxing became the main source of Mike Tyson net worth. In 1982, his got his first victory, which happened at Junior Olympics. In these games, Mike Tyson got a silver medal, which was a huge achievement to him at that time. In 1985, he made his debut as a pro boxer. He fought against Hector Mercedes. The finish of the fight was a knock out from Mike Tyson.
He won 26 fights out of 28 and this was the time when he began being noticed by media and the public. Unfortunately, in 1985 his legal guardian and main coach Cus D’Amato passed away, which was a huge tragedy to Mike Tyson. After the death of his trainer, Mike Tyson became angry and his later fighting style was marked by his anger and devastation.