Mike Tyson reveals details of staggering £290m windfall ahead of Jake Paul boxing fight

WATCH NOW: Netflix trailer for Mike Tyson and Jake Paul boxing fight

Jack Otway

By Jack Otway


Published: 06/11/2024

- 11:21

Iron Mike has opened up with the clash now 10 days away

Mike Tyson has revealed he left prison $375million (£290m) richer after being jailed in 1992 as his blockbuster fight with Jake Paul approaches.

The heavyweight was convicted of rape and served three years at the Indiana Youth Center, having previously been sentenced to six years and four years of probation.


After being released in 1995, Tyson became heavyweight world champion the following year due to help from Don King.

And the 58-year-old, speaking to Andre Ward, has now revealed that King helped boost his earnings while he was behind bars.

Mike Tyson

Mike Tyson has revealed he left prison $375million (£290m) richer after being jailed in 1992 as his blockbuster fight with Jake Paul approaches

GETTY

Tyson says he had £11.5m to his name when he was sentenced but, with the brand and sponsorship deals still coming in, he was able to boost his earnings substantially.

He said: "When I went to prison I had $15million (£11.5m).

"When I came out I must have had $300-400million (£290m-£307m). I'm in there signing contracts in prison."

After coming out of prison 31 years ago, Tyson took part in two comeback fights before beating Frank Bruno for the WBC title in 1996.

US Election Latest: Jake Paul makes feelings clear after Donald Trump declares victory in US election - 'America is saved'

However, though he's financially secure now, that wasn't always the case.

In 2003, after losing to Evander Holyfield and Lennox Lewis, Tyson filed for bankruptcy.

His career as a professional boxer ended in 2005 after losses to Danny Williams and Kevin McBride.

But Tyson has rebuilt his wealth in the time since, with the veteran starting a lucrative cannabis business during his time away from the ring.

JUST IN: Mike Tyson, Jake Paul and the other sports stars celebrating as Donald Trump declares US election win

Fast-forward to now and boxing fans are eagerly anticipating his fight against Paul.

It is a curious showdown, especially given the huge age gap between the two men (Tyson is 58, with Paul 27).

But Tyson fancies his chances, with the 58-year-old adamant he can roll back the years and put on a show to remember.

"I'm a fighter, I feel good and I can do it," he added. "And I feel I can beat this guy."

READ MORE: Martin Brundle makes feelings clear on Lewis Hamilton as Mercedes react to speculation about early departure

Mike Tyson

Mike Tyson was convicted of rape back in 1992

GETTY

Meanwhile, though Tyson has mellowed with age, he recently insisted he's 'not a nice person'.

He says he's 'just who I am' and that the beast inside remains, even 19 years on from his last pro fight.

"There's nothing nice about me," he said. "I'm not a nice person. I'm a decent person.

"I try to do the right thing. But a nice person, I am not.

LATEST SPORTS NEWS:

Mike Tyson

Mike Tyson is currently preparing for his boxing comeback with the 58-year-old set to fight Jake Paul later this month

GETTY

"Anybody with the [idea] that I’m a nice person is gonna be disappointed. I’m just not.

"I don’t make people happy for no reason, I’m just who I am.

"I’m not trying to gain friends, that’s basically what I’m saying. I don’t want to make friends with you, I don’t care if you put me on your yacht, I don’t give a f**k.

"I’m not gonna ever be nice to nobody; I’ll be kind, but never nice.”

You may like