Mike Tyson

The American former professional boxer with a 15-year career, Michael Gerard Tyson, is known as “Baddest Man on the Planet,” and because of this, he was nicknamed “Kid Dynamite” and “Iron Mike.” His reign as the undisputed world heavyweight champion for three years, from 1987 to 1990, is a testament to why he is considered by many as one of the greatest heavyweight boxers of all time. He is the record holder for being the youngest boxer to ever win a heavyweight title at 20 years, four months, and 22 days old.

As of 2020, Iron Mike has a total net worth of $10 million. This is no surprise since he was once among the highest-paid and most famous athletes on Earth. But in 2003, Mike Tyson declared bankruptcy because he, unfortunately, squandered his fortune, which at one point peaked at $300 million. This is the reason why hiring a reliable financial advisor is important for people who have that much money.