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Mike Tyson: Discover How He Went Bankrupt And Almost Destroyed His Life!!


Former heavyweight boxing champion, the American, Mike Tyson, admitted to having squandered his fortune on jewelry, prostitutes, mansions, and cars that resulted in his bankruptcy in 2003.

The former controversial boxer, said he was never “crazy” for money, but admitted he “had become enthusiastic with the money”.
One would recall that the financial collapse of Mike Tyson was as fierce as his boxing style.

After winning more than $ 300 million during his exceptional career, the former heavyweight champion declared bankruptcy in 2003. Subsequently, he was put in prison for cocaine problems.

It took over a decade and a journey through rehabilitation, before Iron Mike recovered from his bankruptcy.

“I did not think I was going to be in my thirties ,” Tyson said last week at the SALT conference, a Las Vegas event that attracts big names in finance, politics and sport.


“My thirties were frightening, were not they?” “Said the former 50-year-old boxer.

He does not make a fortune as he did once, but he makes money by putting on a show at the MGM in Las Vegas, and through a book that will be released soon.

“I plan to keep it this time ,” said Tyson.

Tyson insists that thanks to his wife Kiki, and the support of his friends, his life is back on track. He seems determined to stay away from financial and criminal problems.

“We came out of our hell ,” said Tyson who received a cheering crowd. “I knew it was time to grow up. It was time to be a man. Time to be present in the life of your children “.

Tyson said it took a “set of rehabilitations and institutions” before he could take his life back into his own hands.”I’m one of the lucky ones,” he said.
Tyson had an incredible success in the 90s and his relentless fighting style earned him millions of fans.
When Tyson filed for bankruptcy in 2003, he reportedly incurred $ 23 million in debt. It was an amazing admission considering his exceptional career.

Today, Tyson spends time with his family, advises young boxers, and plays a part based on his life at the MGM, Las Vegas, titled Undisputed Truth .

The former world heavyweight champion has also published a new book on his working time with legendary trainer Cus D’Amato.
Tyson joked that when fans see him, they “want to take pictures of me by biting their ears.” He added, “We charge $ 200.”



Written by How Africa

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