He managed to win two of the most important evenings in boxing history, but he could not manage his fortune outside the ring.
There are figures in boxing that they have given nights impossible to forget for the fans. Days where the one who is not the favorite manages to overcome the pressure and hits the ball in front of the public, turning the evening into a historic event within the discipline.
One of those names is Evander Holyfield, who managed to humiliate the imposing Mike Tysonto the point that it forced him to carry out one of the most repudiated maneuvers in the history of sports. But all the success fell apart, since the boxer did not know how to control his money and ended up in a complicated situation.
Evander Holyfield Reuters
Reuters
A boxing career marked by an unforgettable event: Holyfield vs. Tyson
Evander Holyfield was born to box, since he trained at the Alaba Boys Club from the age of eight. As an amateur, he managed to accumulate 160 victories, a number that catapulted him as one of the great promises of boxing around the world. Such was his level that his first world title came with just 12 professional fights.
From that, unified the three belts in the cruiserweight category and he defended them on five occasions, all of them successful. It was his turn to appear at heavyweight and he won against James Tillis with a KO in the eighth round. The category where Mike Tyson dominated had a new candidate to be king.
There were two chapters, each one so epic and with incredible endings. The first one marked a TKO for Holyfield in 1996but the revenge had a scenario that is remembered to this day. During the third round, a Tyson who looked overwhelmed had a reprehensible act: He bit Evander’s ear and spit on the ground the part he could tear off with his teeth.which led to his disqualification.
Those two iconic fights They allowed him to earn 200 million dollarsmoney that unfortunately was never able to be invested correctly. Success became a thing of the past and the historic nights of boxing stopped mattering to him, as he had managed to ruin the entire legacy he built.
Holyfield’s unnecessary mansion: more than 100 rooms
Success in sports meant a great profit, which he never knew how to manage. His list of unnecessary expenses was enormous as frequent casinos in Las Vegasbut perhaps the most striking thing was the acquisition of a mansion that to this day cannot explain why he bought it.
Although he has 11 children from six different women and went through three divorces, to this day the mansion that cost him 20 million dollars. It counted with 109 roomsa rather exaggerated and unnecessary number of rooms. Maintenance began to rapidly reduce his fortune, as He spent 15 thousand dollars on electricity alone. monthly and the cost of care The entire house was 12 million annually.
When he was evicted reported a debt of 14 million dollarswhich forced him to part with all his personal property in order to address expenses. Currently, he is seen in the boxing scene from time to time, although he lives in an apartment with only two rooms, far from the luxuries that he once knew how to boast of.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
