Mike Tyson, American boxer who, at age 20, became the youngest heavyweight champion in history, recently spoke about his experience as a…
Mike Tyson, American boxer who, at age 20, became the youngest heavyweight champion in history, recently spoke about his experience as a billionaire in the 80s. During an episode of Hotboxin’ with Mike Tyson and DJ Whoo Kid, Tyson was asked by rapper Tony Yayo “how it felt to be so young with so much money”. In response, Tyson said simply, “I was happy.”
Mike Tyson Was Happy In His 80’s
Tyson became a household name in the 80s, winning his first heavyweight title at the age of 20. With his success came a massive amount of wealth, and in 1990, Forbes estimated his net worth to be around $300 million. Despite his immense wealth.
As he explained during the interview, one of his friends had just come out of prison after 48 years. This friend would tell Tyson to invest in real estate, buy some cars, and buy a Rolex watch. However, Tyson said that “He got no concept of saving for another day.”
Tyson’s financial troubles have been well-documented over the years. In 2003, The New York Times report noted that Tyson had officially filed for bankruptcy after years of financial struggles. His spending habits contributed to the $23 million debt he had accumulated over the years.
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