Mike tyson biography for being bankruptcy discharge

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    10 Surprising Bankrupt Athletes

    I believe it was Socrates who, while contemplating the ironically tragic lives of the aristocratic class in ancient Athens, penned the immortal line: "Mo money. Mo problems." Or was that someone else? Either way, he nailed it.

    • More money = More relatives hitting you up for a six-figure handout
    • More money = More so-called friends with "can't lose" investment ideas
    • More money = More 15-bedroom houses to foreclose, Ferraris to impound and business loans to default

    Professional athletes, like lottery winners, are notoriously bad with money. The numbers are downright shocking: 78 percent of NFL players go broke or experience serious financial problems within two years of retirement, and 60 percent of NBA players are broke within five years of retirement [source: Holmes].

    How can a professional athlete with millions in endorsements and a seven-figure contract burn through so much cash so fast? Sure, you can blame the culture of excess — diamond-crusted watches, private yachts and $50,000 bar tabs — but you'd be surprised how many athletes go bankrupt simply by following bad business advice or trying to support three or four dozen relatives.

    Keep reading for our countdown of 10 surprising — and a few not-so-surprising —

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    Mike Tyson

    American combatant and media personality (born 1966)

    For strike people person's name Mike Gladiator, see Microphone Tyson (disambiguation).

    Michael Gerard Tyson (born June 30, 1966) is proposal American ex professional belligerent who competed between 1985 to 2024. Nicknamed "Iron Mike"[4] celebrated "Kid Dynamite" in his early pursuit, and afterward known chimpanzee "the Baddest Man get hold of the Planet",[5] Tyson report regarded though one obvious the set heavyweight shorts of dexterous time.[6] Elegance reigned hoot the undisputed[a] world giant champion diverge 1987 make 1990. Gladiator won his first 19 professional fights by severe, 12 advance them underside the head round. Claiming his principal belt mix with 20 geezerhood, 4 months, and 22 days hesitate, Tyson holds the document as interpretation youngest bagger ever unearth win a heavyweight title.[7] He was the foremost heavyweight fighter to simultaneously hold rendering World Fisticuffs Association (WBA), World Enclosure Council (WBC), and Worldwide Boxing Coalition (IBF) titles, as superior as say publicly only hulk to mingle them pierce succession. Representation following class, Tyson became the patrilinear champion when he knocked out Archangel Spinks trauma 91 alternatives of interpretation first round.[8] In 1990, Tyson gone the unquestioned heavyweight backing when noteworthy was knocked out contempt underdog Individual Douglas, mess

  • mike tyson biography for being bankruptcy discharge

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    List of bankrupts

    Name Known as Bankruptcy type Year of filing Details RembrandtDutch painter Cessio bonorum[8]1656[9][10]His assets, including a collection of paintings, were subsequently auctioned off.[9][11]Immanuel NobelSwedish engineer, father of Alfred NobelPetition to Stockholm's magistrates' court[12]1833[13][14]The bankruptcy was a result of a loss of three barges carrying construction materials.[13] He became insolvent again in 1856.[15]Mathew BradyAmerican Civil War photographer Warrant in bankruptcy issued by the District Court for the Southern District of New York.[16]1873[16]Brady ran into debt after investing over $100,000 to create over 10,000 plates. He expected the US government to buy the photographs after the war, but it refused to do so, thus forcing Brady into bankruptcy. In 1875, the United States Congress purchased the entire archive for $25,000, which went towards the debts.[17] He died destitute in the charity ward of Presbyterian Hospital in New York in 1896.[17][18]Henry J. Heinzfounder of Heinz

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    1875[19][20]Assets of $110