Was Mike Tyson's Net Worth Decimated By His Divorce From Robin Givens?

Highlights

• Mike Tyson, as soon as worth $300 million, misplaced his fortune due to his extravagant spending habits.
• Many wonder if his divorce from Robin Givens impacted his net worth as well.
• Despite squandering his wealth, Tyson is currently worth round $10 million.

From biting off Evander Holyfield’s ear in the ring to profitable just about all his fights by knockout, it’s now not precisely a thriller why Mike Tyson is widely thought to be one of the greatest heavyweight boxers of all time. The now 57-year-old’s ferociousness in the ring didn’t just earn him a lot of accolades, it also made him an absolute fortune.

At the peak of his career, the legendary pugilist boasted an estimated net worth of about $300 million. But by the time the 2000s rolled on, the once filthy-rich Tyson was already deeply in debt, his colossal fortune nowhere in sight. So, what exactly took place to Tyson’s fortune, and will its disappearance be traced back to his tumultuous divorce from actress Robin Givens?

How Much Was Mike Tyson Worth Before His Divorce From Robin Givens?

Suffice it to mention, Mike Tyson's boxing profession is one for the books. The now 57-year-old ruled the boxing scene for decades, ultimately incomes the distinction of being some of the ferocious warring parties ever to step into a hoop.

Unsurprisingly, Tyson’s lengthy reign as a boxing champion introduced super monetary windfall. According to The New York Times, the legendary pugilist was taking house up to $30 million for a night’s paintings on the top of his occupation, making him one of the most highest-paid athletes in history.

By the time he met and married New York-based actress Robin Givens in 1988, Tyson, then simply two years into his career, was already worth a staggering $50 million.

However, whilst his career was thriving, chaos reigned ideally suited at home, the details of which emerged in an explosive interview with the past due communicate show host Barbara Walters.

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Held just months into their marriage, the joint interview saw Givens stage damning allegations of domestic abuse against an eerily unresponsive Tyson.

"He has got a side to him, that's scary. Michael is intimidating, to say the least... he cannot control his temper, and that is frightening to me and my mother,” she said.

“He gets out of control, throwing screaming. He shakes, he pushes, he swings. Sometimes I think he's trying to scare me. There are times when I thought I could handle it, and just recently, I've become afraid. I mean very, very much afraid. For instance, in Russia, I was afraid. Michael is a manic depressive."

Did Mike Tyson Lose A Chunk Of His Net Worth In His Divorce From Robin Givens?

Barely a month after their explosive joint interview, Robin Givens initiated divorce court cases, bringing up spousal abuse. As Tyson had candidly defined to Barbara Walters, the Head of the Class superstar hadn’t signed a prenup previous to their marriage, which intended that she may lay claim to a large bite of his $50 million fortune.

“About the prenuptial settlement. I wouldn't understand how to go about asking her to sign,” he mentioned.

“If you are going to marry any individual, you agree with them and that is the reason what marriage is all about. I have many thousands and thousands, my spouse will just have to ask for it, and he or she has each and every penny I've.”

Rumor has it that Givens walked away from the divorce with a $10 million agreement. However, chatting with Essence in a 2020 interview, Givens maintained that she “didn’t receive one dime.”

What's more, per an October 1988 file by The Washington Post, the now 58-year-old actress forfeited her claims to Tyson's a lot of assets and agreed to finalize the divorce with out a monetary settlement.

"I never married Michael for money," she mentioned on the time, in keeping with The Washington Post. "Therefore, this represents no loss for me other than the loss of losing my husband ... I have never said one bad word about Michael or done anything to hurt him personally."

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Barely a month after allegedly walking away from the wedding with out a dime, Givens was again in courtroom, this time accusing Tyson of defamation and critical $125 million in damages. However, the lawsuit was promptly withdrawn a month after their divorce have been finalized.

Just How Much Is Mike Tyson Worth Today?

While it remains unclear whether or not Givens cashed in on her divorce from Tyson, it’s highly not likely that their acrimonious divorce was the root reason for his financial downfall. The embattled boxer’s fortune grew by leaps and boundaries in the wake of the divorce, peaking at an estimated $three hundred million.

What’s extra, it wasn’t until the early 2000s, over a decade after his divorce from Givens, that Tyson's financial woes started manifesting. From all indications, Tyson’s financial downfall was likely led to by his outrageous spending behavior; a fact he admitted to during his 2013 interview with Howard Stern.

"We go broke because, why? Handling money is an art,” he said. “It's more than handling money, and we never practiced that art before.”

“I had everything I ever wanted and I have everything I wanted now. Plus, when I had all that money, I was living such a chaotic life. I wasn't really enjoying myself. It was better if I was even dead at that time."

Despite squandering over $300 million, Tyson isn’t completely destitute. The mythical pugilist is currently worth about $10 million, and earns a steady source of revenue from public appearances in addition to his highly a hit hashish venture.

Though the speedy aftermath of her divorce from Tyson noticed her battle clinical despair and navigate numerous unflattering tabloid headlines, Givens additionally appears to have moved on.

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The 58-year-old went directly to welcome her first child by way of adoption in 1993. Six years later, Givens married her now ex-husband, skilled tennis player Murphy Jensen, with whom she stocks a 24-year-old son named William.

“Life is so just right,” she shared during a 2004 appearance on The Oprah Winfrey Show. “And I'm right here to say additionally that I'm certain there are individuals who have felt like I felt. Like possibly they couldn’t cross on. And you'll turn a nook. You may also be satisfied once more. You can live.”

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