10 Celebs Who Went From Rich To Broke

Mike Tyson

One of the most famous boxers has money problems as well. Mike won his first 19 professional fights by knockout and he was the heavyweight champion of the world. But in 1992 he was served three years in prison. The reason was assault. After prison he was back on the ring but in 1997 Tyson was disqualified. Mike had earned more than $400 million during his career. But he spent it all on mansions,pet tigers and cars. His divorce settlement cost him $9 million.

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Michael Gerard «Mike» Tyson (born June 30, 1966), also known as Malik Abdul Aziz, is an American former professional boxer. He held the undisputed world heavyweight championship and holds the record as the youngest boxer to win the WBC, WBA and IBF heavyweight titles at 20 years, 4 months, and 22 days old. Tyson won his first 19 professional bouts by knockout, 12 of them in the first round. He won the WBC title in 1986 after defeating Trevor Berbick by a TKO in the second round. In 1987, Tyson added the WBA and IBF titles after defeating James Smith and Tony Tucker. This made him the first heavyweight boxer to simultaneously hold the WBA, WBC and IBF titles, and the only heavyweight to successively unify them.

In 1988, Tyson became the lineal champion when he knocked out Michael Spinks in 91 seconds. Tyson successfully defended the world heavyweight championship nine times, including victories over Larry Holmes and Frank Bruno. In 1990, he lost his titles to underdog James «Buster» Douglas, by knockout in round 10. Attempting to regain the titles, he defeated Donovan Ruddock twice in 1991, but pulled out of a fight with undisputed heavyweight champion Evander Holyfield due to injury. In 1992, Tyson was convicted of rape and sentenced to six years in prison, but was released after serving three years.

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