Mike Tyson net worth - The state of the finances of the former heavyweight champion and self proclaimed 'baddest man' has been subject to much speculation since he filed for bankruptcy more than a decade ago. Mike Tyson has also been on the headlines recently with the release of his autobiography and a cartoon series. Additionally, Iron Mike has been on a highly rated one-man-show tour to promote his new book. All these points to increased economic activity from the financially troubled ex-boxer, it begs to question what is Mike Tyson net worth?

According to Celebrity Net Worth, Mike Tyson net worth amounts to just $1 million today. The ex-champ reportedly owes the IRS a fat lump of unpaid taxes. It is unclear exactly how much he owes. However, it is clear that he had up to $23 million in debt when he declared bankruptcy about a decade ago. Mike Tyson has admittedly not been able to pay off his IRS debt. Earlier in the year, the agency wrote off $2 million from his total backlog of taxes.

Reports indicate that at the peak of his 20-year career, Mike Tyson net worth stood at about $400 million. However, his admittedly extravagant lifestyle saw his wealth drop astoundingly.

In his autobiography The Undisputed Truth, Mike Tyson relays some of his experiences on life's fast lane.

Iron Mike, 48, now says he is free of drugs and favors a simple life with his wife Kiki and 7 children. He told Euronews' Isabel Kumar recently that the secret of his success is "sacrifice and dedication, and discipline" which he learnt from his former trainer late Cus D'Amato. Mike Tyson's public battle with drugs continues to play a role in his life. He told Euronews that "every day that I don't use is a day that I'm getting stronger."

Mike Tyson net worth is expected to be influenced by his recent spate of activities. However, we may have to wait for a bit longer to find out just how much the book, cartoon and tours has added to Mike Tyson net worth.