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Comments Thread For: Mike Tyson Explains Where His Money Went in Historic Career
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Originally posted by OnePunch View Postwhen you factor in the lavish lifestyle, taxes, management fees, expenses, 2 ex-wives, child support, lawsuits, lawyers, leeches and con men, I'm actually surprised the money lasted as long as it did.
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Originally posted by WesternChamp View Post$300 mil and nobody advise him to invest some of those money, even if you have nobody to tell you that, shouldnt it be common sense? tyson gotta be spending at least a couple of mil a day for him to lose all that money.
Besides, the $300 million is only gross earnings. After taxes, sanction fees, training camp expenses, management fees, and whatever Don stole, I doubt Mike ever saw north of $125 million in the bank (and thats being generous)........
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He was sutton else at 14 he possibly could of become world champion i think if he never boxed ever and in 1986 you still put him in with trevor berbic he would of stil knocked him out he was a machine built for war
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I'd legit love to see some receipts from Tyson during his hey days. A detailed Brewsters Million styled book on how Tyson blew his money would be fascinating & a for sure best seller. How much does a f#cking tiger even cost, how much is tiger food, whats the vet bills for a tiger look like? How much did he spend on random ***elry for himself & random hoes? The cars? The trips? The drugs?
Sh^t would be like a what not to do when you get rich manual I bet.
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there was a magazine article 20 years ago about what Mike Tyson's expenses were. It showed his expenses of where all the money went after he got out of prison. I can't find a link but off memory I know there was $500000 in pigeon feed & like 88 million in legal fees. It was insane. He gave like 17 $100000 cars as gifts, etc...
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Originally posted by OnePunch View Postthere are Harvard educated hedge fund managers who couldnt handle a $300 million portfolio, and you are surprised that a street kid with an 8th grade education wasnt savvy to the ways and methods of wealth protection?
Besides, the $300 million is only gross earnings. After taxes, sanction fees, training camp expenses, management fees, and whatever Don stole, I doubt Mike ever saw north of $125 million in the bank (and thats being generous)........
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