Mike Tyson is now retired, but during his heyday, he was one of the most well-known boxers of his time. He was one of the highest-paid athletes and made headlines as the youngest boxer champion in professional boxing history. At one point, he had amassed a fortune of $300 million, but what is the Mike Tyson net worth now?

Mike Tyson’s Net Worth

The fortune of this heavyweight boxer has drastically decreased and then increased again. At one point, he was in the negative. Now, Mike Tyson’s net worth is estimated to be $10 million. 

Early Life Mike Tyson

Mike Tyson was born Michael Gerard Tyson on June 30, 1966. His biological parents are Lorna Mae Smith and Purcell Tyson, but Mike never knew his biological father.

One of the Mike Tyson mysteries is that no one knows if Tyson’s biological father is even alive at this point. He stated he was told that Jimmy Kirkpatrcik Jr., his mother’s partner after her split with Purcell Tyson, was his father, and that might be a possibility.

He spent the early years of his childhood in his hometown of Brooklyn, New York, in a rough neighborhood where his stepfather was frequently involved in crime and gambling.

Tyson grew up with two older siblings, Rodney Tyson and Denise Tyson. 

Then, at ten years old, Mike Tyson found himself forced to move due to financial reasons. He was frequently bullied for speaking with a lisp, which landed him in one fight after another. By the time Tyson was 13, he had been arrested 38 times. 

However, there was one teacher in his school at a juvenile detention center that saw the potential in his fighting. As a former boxer, he encouraged Tyson to do more. It wasn’t long before Mike Tyson decided to start meeting with trainers. 

Tyson’s mother passed away when he was 16, and his trainer became his legal guardian. Cus D’Amatto would have a drastic impact on the future of the young champion. Unfortunately, D’Amatto passed away in 1985. Many say that losing this father figure had a drastic impact on his career later in life.