Boxing News: The most recent edition of Hotboxin with Mike Tyson features iconic comic and performer Bill Bellamy. The baddest man on the planet, Mike Tyson, pours his soul into dialogues in a smoke-filled room with brilliant brains, famous people, and athletes. He acknowledged his poor financial management in his latest podcast episode. Follow Boxing News updates with InsideSport.IN
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Boxing News: Mike Tyson about his financial management
Mike Tyson made millions of dollars during his sporting career, but as he admitted himself, he mismanaged and wasted his money at some point in his life, which led to his bankruptcy. In a recent podcast episode, the renowned boxer said he recklessly uses credit cards.
Bill Bellamy referenced a time when Mike Tyson had abandoned a Rolls Royce on the street. “When I learned that Mike had abandoned his Rolls Royce on the road, I was shocked. I’ve never had the kind of money like if I leave my car, I will return to it.”
Bill described this occurrence, and Iron Mike responded, “I am dangerous with credit cards. I entered a car showroom, and when I asked the lovely blonde woman working there what her commission would be if I purchased this Rolls-Royce, she replied that it was a good commission. If I were to buy this car, my next question would be if you’d spend a weekend with me. I then purchase a Rolls-Royce and also a Mercedes for her.”
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Mike Tyson Networth
Mike Tyson’s net worth is projected to be just $10 million as of December 2022. Mike Tyson enjoyed a productive 20-year career in boxing. However, there were some ups and downs along the way. At 20 years, 4 months, and 22 days old, Tyson was the undisputed heavyweight champion of the world and still maintains the record for being the youngest boxer ever to win a heavyweight title.
He had already amassed almost $300 million throughout his career but ultimately lost it all.
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