Mike Tyson Once Gave Away $220,000 Lamborghini to Avoid Arrest and Got the Police Officer Fired: “I Was Miserable Most of the Time When I Had Money”
Mike Tyson gained fame for his boxing skills and extravagant lifestyle. Additionally, he was renowned for his fondness for supercars. Throughout his professional career, Tyson owned numerous cars, but what stands out is that he generously gave away more than 17 of them. Among those was a 90’s Lamborghini Diablo worth $220,000, which he gifted to a police officer. Unfortunately, this act didn’t bring good luck to the cop, as he ended up losing his job.
During the peak of his career, Tyson amassed a staggering fortune of over $400 million. Regrettably, he squandered almost all of it during his youth, ultimately leading to bankruptcy. Tyson openly admitted that the abundance of money made him feel miserable.
Despite his financial downfall, Tyson never refrained from displaying his wealth and using it to attract women to spend time with him. Although this tactic may have helped him in that regard, it brought hardship to the life of the police officer involved.
At the peak of his career, Tyson was nearly unbeatable, boasting over 50 wins and 44 knockouts, which exemplified his ferocious mindset as the ‘Baddest Man on the Planet.’ Despite his triumphs both in and out of the boxing ring, the native New Yorker struggled with inner turmoil.
During an interview, Tyson was questioned about life’s ups and downs, but he approached them with a positive outlook, considering them integral parts of his journey. He acknowledged that every situation, whether favorable or challenging, contributed to shaping his perspective.
Reflecting on his financial losses, Tyson shared that many believed it was a low point in his life. However, he clarified that even when he had immense wealth, he was often miserable. According to him, people mistakenly associate money with happiness, but those who have never experienced true wealth may not understand. He viewed his life’s path as divinely written, leading him to a place of inner peace and self-awareness, which he deemed priceless.
Tyson’s difficult upbringing motivated him to seek a healthier and more sustainable lifestyle. However, in that pursuit, he discovered that it brought him much misery. As a result, he spent his money without much concern. Despite facing bankruptcy, he managed to rebound and embark on an entrepreneurial journey after retiring from boxing.
During an appearance on the ‘Jimmy Kimmel Live’ show, Mike Tyson shared an interesting story about how a $220,000 Lamborghini got a police officer fired. Tyson, known for his superstitious nature, revealed that he used to visit a hypnotist, as advised by his coach Cus A’Damato.
One day, Tyson was pulled over by a police officer, and instead of facing potential legal consequences, he decided to give away his expensive car to the cop. When asked about the incident on the show, Tyson responded, “It could be one of them, yeah. But the same model, not the car. No, no, I didn’t want him to arrest me. No, it wasn’t a bribe because he took the car, and I called the police station later to get my car back. But I realized it cost too much to get the car back for what I did. So I wanted my car back. He got fired, I guess. You can’t be doing that stuff—taking bribes and stuff. You can’t do that stuff.”
Interestingly, during the show, Tyson was wearing a T-shirt featuring a picture of himself posing with his Lamborghini. This led Kimmel to inquire further about the car, and Tyson elaborated on how this particular incident resulted in the cop losing his job. Notably, this wasn’t the only instance where Tyson gave away a car, showcasing his generosity and perhaps superstitious beliefs.
Tyson’s reputation for giving away cars is well-known, as he generously gifted approximately 17 automobiles throughout his entire career. During an interview on the Graham Bensinger show, Tyson openly discussed his inclination for such behavior.
He explained, “That’s just how I lived my life. That’s my addictive personality, my ego, and many other things. It stems from my impoverished past, never having anything, feeling bitter, and harboring anger from my time in prison. It’s rooted in a lot of different experiences.”
While this lavish generosity ultimately contributed to Tyson losing a significant portion of his assets and fortune, it also played a role in elevating his career to new heights. Coming from challenging and modest beginnings, Tyson managed to achieve remarkable success in sports and financial independence. Despite facing financial setbacks, Tyson decided to turn his life around and embraced a new path as an entrepreneur to reclaim his lost wealth.