Mike Tyson, Boxer – Poor Spending Habits and Legal Fees

Even today, Mike Tyson remains one of the biggest names in the world of boxing. Not only has he earned many championships titles, but he has also made quite a name for himself through his flashy personality and lavish lifestyle. Sadly, Tyson’s name was tainted by many different issues, including struggles with alcohol and other substances, a sexual assault charge, and the infamous incident where he bit off Evander Holyfield’s ear.

Meanwhile, aside from his bad-boy behavior, Tyson is also famous for wasting his money. Unsurprisingly, Tyson’s spending habits quickly led him to hit rock bottom financially back in 2003, when he announced he had no money in the bank, whatsoever. Thankfully, after cleaning up his life, the boxer has managed to turn his finances around and has started working again!