Mike Tyson earned money after dominating the boxing world before the 2000s. Nevertheless, he lost his fortune and filed for bankruptcy in the 2000s. Tyson revealed that he did not know how to handle such success until his wife guided him through the process.T
In a recent episode of Mike Tyson’s popular podcast, Hotboxin with Mike Tyson, the panel discussed the topic of financial independence. The guest for the episode, famous rapper Tyga, weighed in with his background on such a topic. Tyga explained how he increased his cash inflow to a large extent with the money he earned. The rapper also said that the biggest song of his career became a reality when he focused on it immensely without the restrictions set by anyone.
The boxing legend revealed that it wasn’t until his 40s that he figured things out. Tyson said, “I woke up in the contracts world.” Tyson emphasized how he had no idea how to convert his earnings into long-term assets for a significant portion of his career. He further stated that no lawyer showed him the way, but it was his wife. Tyson continued, “The pandemic helped me greatly.” His wife helped him recover some of the massive fortune he lost with unnecessary spending.
Successful celebrities like Mike Tyson and Tyga have properly used their “15 seconds to fame” to transform themselves. Additionally, trusting a family member like your wife goes a long way. These days, Tyson remains financially independent with multiple businesses to his name.
Mike Tyson discusses success with rap legend Eminem
Mike Tyson remains in the mainstream of YouTube through his famous podcast, Hotboxin with Mike Tyson. The podcast invites guests from various fields of work to share their success stories and personal lives to educate and entertain fans worldwide. One such episode involved the interaction with “The Real Slim Shady.” Eminem and Mike Tyson shared mutual respect and admiration on the episode.
In the episode, Tyson and Em discussed various topics, struggles in the 20s, and crimes on the street. Eminem stated that he followed Tyson’s career from its initial stages, leading him to become a massive boxing fan. Tyson also reciprocated the love by narrating an incident. The incident involved Tyson’s group, fascinated to listen to all of Eminem’s new releases during the 90s.
Both men have reached the top of the hill in their respective fields through hard work, sacrifices, and dedication. But it’s inspiring for the fans to see their humility and mutual respect in retirement. Tyson brings in insightful guests on a regular basis on his podcast.