What is Mike Tyson's net worth and is he richer than Jake Paul?

Mike Tyson is set to face Jake Paul in an unexpected boxing match this summer, with the date already confirmed as the 20th July for the highly anticipated showdown.

Paul, who transitioned from YouTuber to professional boxer, recently improved his record to 9-1 with a first-round victory over Ryan Bourland in Puerto Rico on March 2.

Paul's only loss was last year when he faced Tommy Fury (the brother of Tyson Fury) where he was defeated by the Brit on points.

Whilst Tyson is unsurprisingly the odds-on favourite for the fight, the pair both enjoy flexing their financial muscles with Tyson famously owning a Tiger and Paul often covered in expensive jewelry, but who is worth more?

According to the wealth website Forbes, as of March 2024, Paul has an estimated net worth of $40 million which equates to £31.2 million.

Paul accumulated much of his fortune through YouTube and other social media platforms long before he made the decision to step into a boxing ring. However, he has had numerous seven-figure paydays since entering the boxing world, with reports suggesting he earned more than eight figures for his fight with Tommy Fury in Saudi Arabia last year.

The Ohio-born influencer's other sources of income stem from sponsorship endorsements such as DraftKing.

In 2022, Paul secured a prestigious spot on Forbes' list of the World's Highest-Paid Athletes, and in 2023 he was named third on Forbes' Top Creators list.

Mike Tyson at Jake Paul's fight- Getty

As of 2024, Paul's opponent actually has a lower estimated net worth with Tyson's value suggested to be around $10 million, despite earning a reported $685 million throughout his boxing career.

This is due to Tyson famously losing all his money and filing for bankruptcy in 2003, largely due to his lavish lifestyle which included owning a £3.5 million car collection.

Luckily for 'Iron Mike', he managed to regain his status as a millionaire through acting roles such as his cameo in The Hangover as well as his cannabis business which reportedly earns him £500k a month.