[post_page_title]Mike Tyson – Boxing[/post_page_title]
How does a man lose $300 million, and eventually fall into $27 million in debt? With a guy like Mike Tyson, anything’s possible. The heavyweight boxing champ was forced to file for bankruptcy in 2003, and these were some of the reasons why:
He was a massive luxury spender, paying around $5 million on cars alone – and he did not manage his finances responsibly. Along with a three-year stint in jail, and a handful of other bad investments, his bank account is far from what it used to be.
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