When The Checks Stop Coming In: Celebrities Who Are Legitimately Broke

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Mike Tyson

Evander Holyfield isn’t the only boxer who made millions and then cried broke. “Iron” Mike Tyson had his opponents shaking in their boxing trunks from fear and his many knockouts have earned him $400 million. But in 2003, Tyson filed for bankruptcy saying he was $50 million in debt. Since then, Tyson threw himself into work. He made numerous cameo appearances in movies and on television shows and last year he embarked on 36-city tour of his one-man show. His efforts paid off because last year he declared he was debt free.

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