Mike Tyson Spent Boxing Fortune

Mike Tyson earned an estimated $400 million in the ring, but reckless spending drove him into bankruptcy in 2003. His expenses included approximately $6.3 million on luxury cars and $580,000 on a 700-guest party for his 30th birthday. Tyson later rebuilt his finances through ventures that included his Hotboxin podcast, a return to the ring, and the cannabis business Tyson Ranch. By 2023, reports put the company's revenue at $900,000 a month.

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