Mike Tyson escaped a tough upbringing in New York to become one of the richest athletes of his generation – but he still lost every penny of his fortune by the age of 37.
‘Iron Mike’ was a sensation in the 1980s and 1990s, going undefeated in his first 37 bouts and cleaning opponents out with his fearsome power. Tyson’s brazen personality and deadly trash talking only heightened his fame, with eyes drawn to his fights from around the world.
By 2003, when his professional career was winding down, Tyson had reportedly racked up an astonishing fortune of around £313million. But that was also the year every penny of it went down the drain after a string of ludicrous purchases.
Tyson filed for bankruptcy in £18m worth of debt and with around £10.5m owed in taxes, which begs the question: How did he spend so much, so quickly
