Fallen boxing king Mike Tyson has blown all but £3,000 of his £160m fortune, claim bankruptcy court papers.
Iron Mike, whose last fight was in February 2003, says he owes £14.4m, including more than £9m in tax.
The plummet from his perch on top of the boxing world is almost unparalleled.
In his heyday, the American was making around £10m a fight.
Even in his lesser years, such as his bout against Lennox Lewis in 2002, Tyson commanded multi-million-pound fees.
But the bankruptcy papers, seen by the New York Daily News, show a slump in his wealth and some unusual spending habits.
In December, the 37-year-old earned £385,000 but spent just £45. According to the papers, the previous month he earned £11,800 and spent only £3.
That's in sharp contrast to his infamous indulgences, including £40,000 for two Bengal tigers and more than £500,000 on gifts for people he "does not recall".
Tyson plans to alleviate his financial worries by stepping back into the ring in May or June.
Iron Mike, whose last fight was in February 2003, says he owes £14.4m, including more than £9m in tax.
The plummet from his perch on top of the boxing world is almost unparalleled.
In his heyday, the American was making around £10m a fight.
Even in his lesser years, such as his bout against Lennox Lewis in 2002, Tyson commanded multi-million-pound fees.
But the bankruptcy papers, seen by the New York Daily News, show a slump in his wealth and some unusual spending habits.
In December, the 37-year-old earned £385,000 but spent just £45. According to the papers, the previous month he earned £11,800 and spent only £3.
That's in sharp contrast to his infamous indulgences, including £40,000 for two Bengal tigers and more than £500,000 on gifts for people he "does not recall".
Tyson plans to alleviate his financial worries by stepping back into the ring in May or June.
