Mike Tyson spends almost his entire Jake Paul purse on a mansion.....

[famicommander]

Why are people surprised by Mike Tyson not being smart?

He's always been dumb and he's always been a bad person. Now he's just an older version of that.

[Boxing 112]

yes, buy property to flip later on BUT not a $13mil mansion lol.. you not gonna make any money back. a $13mil mansion will lose value as the time goes by.

You sure about that. Go look at some random 10-15m mansions that were sold 5-10 years ago and come back and tell me their worth today. It won't be the same and it won't be less.

[Roadblock]

Some dudes will never learn. Tyson had worked his way back from being millions in debt to having a very comfortable net worth of 10m, but after the Jake Paul fight the money immediately burned a hole in his pocket and he bought a 13m mansion.

Just so unnecessary, and you'd think these guys would learn and maybe Tyson would just buy a reasonable house, you know something nice in the 2-3m range, you can get a good enough house for anyone for that, but no....

https://www.realestate.com.au/news/m...ighting-purse/

Its still a 13 mill asset, he can always cash it and in 10 years its probably worth 20ml , this isnt a venture in a restaurant or something you cant really lose on real estate unless you pay way over market value.

[CubanGuyNYC]

Some dudes will never learn. Tyson had worked his way back from being millions in debt to having a very comfortable net worth of 10m, but after the Jake Paul fight the money immediately burned a hole in his pocket and he bought a 13m mansion.

Just so unnecessary, and you'd think these guys would learn and maybe Tyson would just buy a reasonable house, you know something nice in the 2-3m range, you can get a good enough house for anyone for that, but no....

https://www.realestate.com.au/news/m...ighting-purse/

Seems ill-advised, for sure. Unless you want to live in some extremely expensive area — like Beverly Hills, or the Hamptons — 3 million will buy a lovely home. The upkeep for a property of a 13 mill magnitude just isn’t worth it unless you’re hauling in a great deal of money on an annual basis. I know Mike has other income streams, but, based on his reported net worth prior to the Paul fight, that new purchase is out of his league.

[Nash out]

Should have bought a go-kart and a shed. Why does he need more than that? Nash out - His Majesty

[TheProudLunatic]

#yolo

[RigosPressureCooker]

So, Paul-Tyson 2?

[hugh grant]

Tyson maybe got 20 to 25 years to live. Maybe not worth such big expenditure.
As long as you money for food

[mlac]

Mike Tyson today is in a totally different financial space than he was as a young man when boxing was his only means of income.

He's got Tyson University now & is deep in the medical marijuana industry.

He's got TV shows, movies, and a podcast that makes him money.

Plus, he seems to have a good wife & family around him that watch after him this time.

You can get Tyson strains on medical cannabis in the UK

[MulaKO]

I’m sure he’s making great money off the medicinal pot amongst other stuff he got going