|
Selected debts cited in his bankruptcy filing:
Legal fees: Eight separate claims totalling $890,664.52
Limousine company: $308,749
Darius rug store in New York: $78,000
Support payments to the mother of one of his children: $51,949.42
Diamond Resort in Hawaii: $30,000
Internal Revenue Service: $13,368,233 (Tyson also owes tax arrears to governments of the U.K., Georgia and Michigan)
--------------------------------------------------------------------------------
A sample of Tyson's bills from 1995-97
Legal fees: $9 million
Pagers and cell phones: $240,000
Lawn care at his three homes: $748,000
Birthday party one year: $411,000
Care for his two Bengal tigers, one lion and many pigeons: $412,000
Cost of tigers: $70,000 each
Annual retainer for animal trainer: $125,000
--------------------------------------------------------------------------------
Other legal/disciplinary expenses
Divorce settlement No. 1: $10.5 million
Divorce settlement No. 2: $10 million plus two houses
Fine No. 1: $3 million for biting Evander Holyfield's ear
Fine No. 2: $195,000 for pushing referee to the canvas during bout in Britain
Fine No. 3: $20,000 in connection with his conviction for raping Desiree Washington, a Miss Black America contestant
Lawsuit: Reported $1.5 million civil settlement with Washington
Fine No. 4: $5,000 for punching two motorists following an accident in Maryland
Assault payment: $105,000 to settle assault case in 1987
--------------------------------------------------------------------------------
Payments to promoter Don King and associates (Tyson and King have duelling lawsuits pending)
Payment No. 1: $750,000 for "overhead" at King's headquarters in New York
Payment No. 2: $100,000 to King's wife, Henrietta, as a Tyson "consultant"
Payment No. 3: $52,000 a year to King's daughter Debbie as president of the Mike Tyson Fan Club.
Estimated total payments to King: At least $65 million
Payments to co-manager/friend Rory Holloway: $22.5 million
Payments to co-manager/friend John Horne: $22.5 million
--------------------------------------------------------------------------------
Cars
Bentley Azure: Bought five at $320,000 each for a total of $1.6 million
Ferrari: $300,000. Test drive not needed, Tyson told salesman, because he had another one just like it
Other models: Two Rolls-Royces, Cadillac, Mercedes, Jaguar, Porsche, BMW, Lamborghini, Aston-Martin
Totals: It's estimated that, as of 1988, Tyson had bought 110 cars for himself and friends.
--------------------------------------------------------------------------------
Jewellery
Untold millions in total; his favourite jeweller once sued over an $805,350 unpaid bill
Watch: $1 million, purchased in 2000 in England when he couldn't buy a Formula One race car.
--------------------------------------------------------------------------------
Houses
Connecticut: Paid $3 million in 1996 for 17-acre estate in Farmington; poured in millions more in upgrades; house was eventually listed for sale at $25 million for 18 bedrooms, 38 bathrooms, seven kitchens, indoor pool and 3,500-square- foot nightclub.
Price dropped last spring to $4.75 million
Potomac, Md.: Worth $4 million
Ohio: Sold for $1.3 million
New Jersey: Bought for $4.5 million
Las Vegas No. 1: Worth $4 million
Las Vegas No. 2: Worth $1 million
--------------------------------------------------------------------------------
Philanthropy
Unknown amount to hand out turkeys to poor families and to pay for the funeral of a 2-year-old girl shot during a burglary in Phoenix.
|