Mike Tyson’s net worth
Mike Tyson’s net worth is a brand unto himself, and he’s leveraging that identity to drape his name over everything from the cannabis suite to the boxing aikido. Here’s his net worth after fighting internet star Jake Paul.
Jake Paul v Mike Tyson Fight Purse: What was Mike Tyson’s net worth?
Tyson Fury is a world-famous boxer. At his height more than 30 years ago, “Iron Mike” was the most feared boxer in the ring, racking up victory after victory by knockout.
Tyson has had to remake himself and rebuild an income after a two-decade boxing career that ended in 2005 with him going broke.
It’s been about 20 years when, lo and behold, here comes Mark back as a multimillionaire. And with business ventures in the cannabis industry and another step into a boxing ring, his wealth is likely to grow further.
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Tyson fought Jake Paul, 31 years younger than him, on November 15, with both boxers said to have earned $40 million each.
Here’s what you need to know about what Tyson’s net worth is today.
What is Mike Tyson’s net worth?
Tyson’s net worth can reach $50million post the $40million payout from the Paul bout, and the ex-champ’s net worth is set to increase on the back of both his recent business ventures and a not-so-permanent return to the ring.
How much is Jake Paul worth after Mike Tyson fight
What is Mike Tyson saying after the fight vs. Jake Paul?
The controversial internet star had initially been scheduled to box Tyson in July, but the bout was postponed following an ulcer flare-up that Tyson had in May.
The fight was rescheduled and started at 8:00 p.m. Eastern on Friday, Nov. 15, with the main event starting at midnight Eastern. Netflix subscribers streamed it live without an additional pay-per-view fee. There weren’t any knockouts, and Paul was deemed the unanimous victor.
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The fight’s weigh-ins took place one day earlier, at 7:00 p.m. Eastern, and also streamed live on Netflix.
Tyson slapped Paul during the live-streamed weigh-in. On social media, some viewers said that just before the slap, Paul mimicked an approaching gorilla as he approached Tyson, which many saw as a racist taunt, before stepping on Tyson’s foot.
How many viewers tuned in to watch the Tyson vs. Paul fight?
Netflix reported that a record-breaking 108 people watched the live broadcast, but not everyone was happy. Fans flocked to social media to bemoan buffering woes and low-quality pictures, with some even saying they could “count the pixels.”
Netflix is moving more firmly into the live-streaming realm via deals with the WWE and NFL, but some of the streaming service’s subscribers have threatened to leave the service altogether if the company does not get its technological house in order to ensure similar streaming snafus don’t jeopardize a future live offering.
How Mike Tyson Went From $300 Million and Broke
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Who is Mike Tyson?
Born in Brooklyn, New York, in 1966, Michael Gerard Tyson had a challenging childhood. As a young man, he had brushes with the law and was sent to a boys’ reform school in upstate New York, where he learned to box.
His mother died when he was a teenager, and he was raised by Cus D’Amato, a boxing manager and trainer. Tyson quit high school to devote himself fully to boxing and won gold medals at the Junior Olympic Games in 1981 and 1982.
At 20 he became the youngest heavyweight champion of the world and went on to win other heavyweight titles, fighting and defeating the likes of Michael Spinks.
Tyson went to prison for three years on a rape conviction and was released in 1995 before later making a comeback and then retiring in 2005.
Mike Tyson can chuckle all the way to the coffers thanks to his new business adventures and a short-lived return to the ring. Cooper Neill/Getty Images
How much money has Mike Tyson made from boxing?
Through the height of his boxing career, Tyson racked up hundreds of millions of dollars and at one point had a reported net worth of $300 million. Tyson made an estimated $423 million across his previous 58 fights over the decades.
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What is Mike Tyson’s source of income?
His name became his brand when he retired from boxing in 2005, and he created some ventures and a charitable foundation.
Film and television
Turning to a career in Hollywood, he made cameo appearances in films like The Hangover (2009) and in television shows like Entourage (2010).
He appeared in 69 episodes of his own animated series, Mike Tyson Mysteries (2014–2020), and his profile on the movie and TV database IMDb lists him as working in a number of film and television productions.
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Legends Only League
Among his business ventures, he co-founded a sports league in 2020 called Legends Only League for retired athletes to compete. That same year, he fought Roy Jones, Jr. — a former world champion across four boxing divisions — to promote the league in a split draw.
Mike Bites are chewable gummies molded into the shape of an earlobe with the molded ear lobe bitten off, a nod to Mike Tyson’s biting of Evander Holyfield’s ear during a 1997 boxing match. Justin Sullivan/Getty Images
Mike Tyson’s weed business
Tyson — who claims to have been exposed to cannabis as a young teenager (12) — is a regular cannabis smoker. A martial arts enthusiast and former heavyweight champion of the world, Tyson entered the marijuana business in 2015, seeking to cash in on California’s potential 2016 measure to make cannabis use legal.
Cannabis has emerged as a major industry in California. Cannabis sales totaled $5.2 billion in 2023, up from $2 billion in 2018, state government data showed.
Among his ventures with business partners was a mansion in the Los Angeles area known as “Tyson Ranch” that cultivated cannabis on the roof and produced cannabis-related products.
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In a 2019 podcast on his YouTube channel, Tyson said Tyson Ranch was spending $40,000 a month on cannabis smoking as part of what his business partner described as research. He and his business partner also built a 420-acre resort in Palm Springs, California, where visitors could unwind and smoke cannabis.
He started TYSON 2.0 in 2021, and its lineup includes various strains of the plant, some of which are sold in small jars. His cannabis-infused vitamin chewables called Mike Bites are shaped like a torn ear (in reference to Tyson’s ear biting of opponent Evander Holyfield in a boxing match in 1997) and roughly cost $30 for a 20-gummy bag. There’s also a clothing line and apparel accessories collection to promote the brand.
Mike Tyson’s YouTube Podcast
Tyson also generates revenue from his namesake Mike Tyson podcast, which airs on YouTube. By mid-November 2024, Tyson’s channel had 3.7 million subscribers. His 230 videos had a total of 411 million views.
What does Mike Tyson spend his money on?
Tyson resides in a house in Las Vegas with his family, and has kept a very low profile when it comes to revealing how he’s been spending. That is different from earlier during his boxing career, when he splurged on homes, luxury cars and jewelry.
He was left bankrupt in 2003 despite taking in hundreds of millions of dollars in prize money from his fights and publicity contracts. He had once owed millions in back taxes to the Internal Revenue Service.
Is Mike Tyson still boxing?
Tyson made his professional boxing return on Nov. 15, 2024, in a fight against social media presence-turned-billionaire-pugilist Jake Paul — who at age 27 is 31 years Tyson’s junior. The boxing match (which streamed on Netflix (NFLX), paid the two fighters a reported $80 million that would be split evenly between them.
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