At his peak, Mike Tyson was one of the wealthiest boxers on the planet. But over time, he lost most of his wealth owing to a lavish lifestyle. Reportedly, he had only $146,000 when he joined WrestleMania 14, post-the ‘Bite Fight’ suspension.
According to Celebrity Net Worth, Mike Tyson’s net worth is $10 million. This could be ascribed primarily to the 2020 ‘Lockdown Knockdown’ against Roy Jones Jr.
From winning his first world title, the WBC heavyweight, to his retirement, ‘Iron’ Mike received some of the biggest paychecks of the day. Tyson received $1.5 million during the Trevor Berbick fight.
In the 90s, it went to double digits. He reportedly earned $30 million during the war against Frank Bruno and the two battles against Evander Holyfield.
However, the biggest paycheck he earned was during the Lennox Lewis fight. It reportedly fetched him $103 million.
So if all the fight money Mike Tyson made during his time is summed, it goes to around $400 million. But boxing has not been the only source of income for the former world champion.
Given his name and the weight it carries worldwide, an array of brands tied up with the legendary boxer to endorse their products, services, and sponsorships throughout his career. His most recent sponsors include Black Energy Drink, CopperGel, and Smart Cups.
Additionally, his merchandise is operated from his ranch, aptly named ‘Tyson Ranch.’ Tyson has even started his cannabis empire called Tyson 2.0, with its slogan, ‘Undisputed Cannabis.’ One of the unique products from the company is a cannabis-based gummy line, ‘Mike Bites.
‘ These gummies, shaped like Holyfield’s ear, marked his partnership with his former opponent, Evander Holyfield.?
Tyson and Holyfield’s joint venture is called ‘Carma Holdings.’ Last year, they launched another line of products called ‘Holy Bites.’ Tyson 2.0 also saw the champ partnering with former WWE star Ric Flair.
The company also acquired a majority stake in Flair’s ‘Ric Flair Drip’ line. The entire cannabis venture reportedly earns him $900,000 per month.
A two-hour personal appearance of Mike Tyson could come somewhere in the neighborhood of $75k. Tyson’s earnings from podcasts such as ‘Hotboxin’ With Mike Tyson’ remain non-verifiable.
In recent times, the former heavyweight champion has significantly expanded his portfolio by acquiring more sponsorships and brand deals.
Among them, Tyson Pro offers a line of performance apparel. Following suit, the MT Collection presents official Mike Tyson merchandise.
Additionally, Tyson has partnered with Men’s Remedy, which provides expert-backed testosterone treatment. He is also in collaboration with Zumiez, a lifestyle fashion brand. Finally, Futurola provides premium smoking accessories like Pre-rolls and cones.
