Mike Tyson is one of the most famous names in world sport and arguably the greatest boxer of all time.
‘Iron Mike’ has decided to come out of retirement at the age of 54 and will return to the ring on November 28 against Roy Jones Jr in a heavyweight exhibition match.
It was the latest story in Tyson’s long and controversial career that saw him amass a huge fortune before losing it all.
He will get a big paycheck from his successful fight against fellow legend Jones Jr, but how much is he worth?
What is Mike Tyson’s net worth?
Mike Tyson is estimated to have racked up millions of dollars throughout his boxing career, but he would go on to lose everything.
Forbes claims that his total career earnings could even have reached $ 685million (£ 475million).
However, as of 2020 it has been reported that Tyson’s net worth is around $ 3million (£ 2.2million).
Unfortunately for Tyson, he often spent his money as fast as he earned it in his prime with big expenses such as fancy homes, flashy cars, and even his infamous pet tigers.
The Brooklyn native has been divorced twice and is now in his third marriage with a total of eight children.
He also served three years in prison after being convicted of rape in 1992.
In 2003, Tyson was forced to file for bankruptcy, with media reporting at the time that he was in debt of $ 23million (£ 17million).
Tyson has managed to recover from his money troubles by appearing in part in a number of films, most notably in the The Hangover film franchise.
He even had his own animated TV show called Mike Tyson Mysteries.
Most recently, he produced a podcast called Hotboxin ‘With Mike Tyson, one of the most popular podcasts related to combat sports.
Stated in this headline, Tyson has to thank cannabis for its financial recovery.
He runs his own weed ranch called the Tyson Ranch, where he grows and sells his own brand of weed as well as weed wellness products.
It has been stated that Tyson Ranch sells over $ 500,000 (£ 375,000) of weed per month.
Tyson is expected to rack up around $ 10million (£ 7.5million) for his comeback against Jones Jr.
However, he insisted that he donate every penny to charity.
“It will be for various charities,” he told TMZ Sports. “No one ever has to worry about me getting rich, jealous or saying I do.” [the comeback] for money.
“I do not receive anything. I just feel good doing this because I can.
Download the talkSPORT app and listen to a huge night of heavyweight action this Saturday, with exclusive live radio commentary from Daniel Dubois vs Joe Joyce followed by live coverage of Mike Tyson’s return to the ring against Roy Jones jr