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By now, just about every person on Earth has a passing familiarity with Mike Tyson. You may know him as the former Heavyweight Champion , the media personality, or the hilarious on-screen presence appearing in such films as “The Hangover.” Any way you slice it, Mike Tyson is a veritable superstar, with a multi-million dollar net worth to show for his decades in entertainment. Before going into his landmark fight with Jake Paul in November 2024, Mike Tyson was estimated to have a nest egg of just over $10 million. While this is a far cry from the net worth that Mike Tyson once held many years ago, it serves as a testament to the retired boxer ‘s longevity and resilience. After facing financial struggles throughout the late 1990s, Tyson filed for bankruptcy in 2003. For many others in Tyson’s position, this bankruptcy filing would have put the nail in the coffin of their financial future. So how did Tyson manage to bounce back, regain his legacy, and eventually rehabilitate his image...
The year 1997 was a good one for Black culture. The movie “B.A.P.S.” was in the theaters, and The Notorious B.I.G.’s “Hypnotize” was at the top of the charts. But it was a somewhat historic June night in Las Vegas, NV, that most people remember most. Mike Tyson and Evander Holyfield were going head to head in a boxing match, and something unbelievable happened out of nowhere. Tyson bit off a piece of Holyfield’s ear. That bizarre moment changed boxing forever and was a pinnacle moment in Tyson’s public life. Tyson is a New York native who rose to prominence in the mid-’80s for his boxing prowess. At one point, he boasted an undefeated record, dominating the industry and earning the heavyweight boxing title. According to ESPN, the 56-year-old would finish his 58-fight career with 50 victories, winning 44 by knockout. In 2011, he was inducted into the International Boxing Hall of Fame. And while Tyson’s talent in the boxing ring was commendable, his out-of-the-ring antics started to...
Mike Tyson and Evander Holyfield are entering the ring for a new fight… the legalization of cannabis. The boxing sensations once shared the ring during the infamous moment in which Tyson bit a chunk of Holyfield’s ear off during a battle for the heavyweight title in 1997. Now, in just a little over two decades, they’re at it again…but this time it’s for “Holy Ears” – THC and Delta-8 THC-infused edibles that are, ironically, in the shape of bitten ears. The product is set to launch via Tyson 2.0, the cannabis company led by the sports icon.
From Dennis Rodman to Ja Rule, celebrities are just like us in that they, too, can make bad financial investments. Most recently, AfroTech told the story of NBA player Tim Duncan, whose scamming financial adviser cost him more than $20 million. Yet, most interestingly of all, Duncan remained unbothered by his ex-adviser’s behavior. “Luckily I had a long career and made good money. This is a big chunk, but it’s not going to change my life in any way. It’s not going to make any decisions for me,” he said. But while the likes of Tim Duncan can easily bounce back from bad financial investments, not every celebrity is quite as lucky. These celebrities made bad financial investments — let’s take a look at how it worked out for them.
Dennis Rodman is just one of the many celebrities who lost it all at the height of his career. But, as AfroTech previously reported, Rodman didn’t lose it all because he frittered his money away, or because he was sued into oblivion. Rather, Rodman lost it all because his business manager at the time was involved in some shady financial dealings — and those dealings ultimately landed her in prison. What’s more, Rodman could only recover a mere fraction of the money he’d lost to Peggy Ann Fulford’s illegal activities. Fortunately, Rodman was able to build back better — and while he’s nowhere near his peak net worth of $27 million, he still stays paid…and, inexplicably, inside a Planet Fitness. Iconic. Planet Fitness aside, Rodman’s only the first of many celebrities who lost it all — only to build back better when the time was right. From musicians, to athletes, to actors, no one stays down forever — and these superstars are living proof that it’s not how far you fall, but how you...
It looks like Mike Tyson’s edible ears won’t be making their way to this U.S. state. As previously reported by AfroTech, the iconic heavyweight launched Mike Bites, the ear-shaped weed edible gummies that pay homage to the infamous matchup between him and Evander Holyfield in which he bit off a chunk of his opponent’s ear. The new treats have already made their debut in California with plans to expand across the nation. However, one state is not too keen on the edibles making their way to dispensaries within the state.
What a way for a life experience to pay off in the long run! Complex reports that legendary boxer Mike Tyson has just launched his very own line of edible gummies through Tyson 2.0, the newly imagined cannabis brand created by the former heavyweight champion. The said gummies will be ear-shaped in honor of the iconic yet controversial 1997 heavyweight match between Tyson and Evander Holyfield in which he bit his opponent’s ear. Now, nearly 25 years since the match that was the talk of the town, Tyson noted via Instagram that “these ears actually taste good!”
For 1980s babies, “Punch-Out!!” on the Nintendo Entertainment System was a legendary game. But for Mike Tyson, it turned out to be nothing but a “bad” business deal. In 1983, Nintendo first released “Punch-Out!!” and ultimately obtained the rights to add Tyson’s name to the game in 1987 (which is when it became “Mike Tyson’s Punch-Out!!” and coincided with his rise in the boxing world). And needless to say, the game flew off the shelves the minute Iron Mike replaced Mr. Dream. “It broke all the records,” Tyson said to VladTV (via Atlanta BlackStar). “We anticipate them doing a new one too. They were discussing taking me out of Mike Tyson’s Punch-Out!!, and it was a hailstorm of negative reviews for that, and so we’re contemplating doing it with someone else, and no one can be angry, and then we can go our separate ways happy.” While the game certainly did do numbers, Mike Tyson claims he did not get paid appropriately. Atlanta Black Star reports “According to his Vlad TV...