Mike Tyson is an American professional boxer who had a very successful and controversial career. During his 20-year boxing career, Tyson accumulated a lot of wealth and even saw it all go away when he declared bankruptcy. His fans and followers now want to learn more about how much money he makes and from where. So, let’s take a look at Tyson’s net worth in 2024.
What is Mike Tyson’s net worth in 2024?
Mike Tyson has an estimated net worth of $10 million in 2024.
Mike Tyson is most famously known as a professional boxer. His successful 20-year professional boxing career brought him loads of fame and fortune. However, he also faced a temporary ban from the sport for his actions during his 1997 boxing fight against professional boxer Evander Holyfield. Apart from the sport, Tyson also appeared in a few films and has his own podcast called Hotboxin’ with Mike Tyson.
Mike Tyson’s earnings explained — how does he make money?
Mike Tyson’s primary source of income used to be his boxing career. Now, he earns from his business ventures, entertainment career, podcasts, and exhibition fights.
Boxing
After reportedly earning a total of around $400 million from his time in the ring, Tyson went bankrupt in 2003. At the time of his filing of bankruptcy, Tyson was around $20 million in debt. Even though his reckless spending majorly affected his total wealth, today, he has an estimated net worth of $10 million. Even though his professional boxing career ended in 2005, he still participates in exhibition fights. His upcoming boxing fight is scheduled for later this year against Jake Paul.
Acting
Tyson appeared in a few films, including The Hangover, and received payouts from these small roles. This amount, too, contributes to his total earnings.
Podcast
His podcast “Hotboxin’ with Mike Tyson” features many guests in conversation with Tyson and promotes his cannabis products. The podcast is available on YouTube, Apple, and Spotify and generates income for him through streams, listens, and ad revenue.
Businesses
Tyson co-founded a cannabis brand called Tyson 2.0, which sells cannabis seeds. Previously, he also invested in the cannabis industry, from which the profits contributed majorly to his $10 million net worth.