A Look Inside Mike Tyson's N1.6 Billion Mansion Which He was forced to Sell Because of Bankruptcy

A Look Inside Mike Tyson's N1.6 Billion Mansion Which He was forced to Sell Because of Bankruptcy

  • Famous boxing star, Mike Tyson, has cemented his name in the sport's hall of fame for being a ruthless champion
  • His success and fame brought him much wealth which he splurged on a gorgeous property in Connecticut
  • Unfortunately, he went bankrupt and had to sell the 52-room mansion for about $4 million in 2003

Mike Tyson was a famous American boxer who did everything within his power to win. That was how he remained a champion in the sport for a very long time.

It was reported that Mike Tyson was declared bankrupt in 2003, owing about $20 million (N8.2 billion) in debt. This forced him to sell his magnificent Connecticut home for about $4 million (N1.6 billion).

Mike Tyson's Connecticut Mansion
Mike Tyson's Connecticut mansion. Photo credit: The Sun. Source: UGC
Source: UGC

The property has its own nightclub and boasts 52 rooms, including 21 bedrooms. The mansion was bought by hip-pop legend Curtis James Jackson, who is popularly referred to as 50 Cent. When the hip-hop star bought the house, it set a record for the most expensive home ever sold in the area.

Read also

50 Cent's rise to fame: Getting shot 9 times and having to sacrifice his relationship with his firstborn

Aerial view of the house
Aerial view of the house. Photo credit: The Sun. Source: UGC
Source: UGC

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The property sits on 50,000 square feet of land and comes with an indoor pool and hot tub, an indoor court, multiple game rooms, a green-screen room, and a recording studio. The house has the entire floor made of marble and has a statue of a lion at the front gate.

The Master Bedroom of the Property
The Master Bedroom of the Property. Photo credit: The Sun. Source: UGC
Source: UGC

The property's worth has gradually decreased over the years, largely as a result of the running expenditures, which, according to 50 Cent, cost him about $60,830 (N25m) each month.

The bathroom of the mansion
The bathroom of the mansion. Photo credit: The Sun. Source: UGC
Source: UGC

50 Cent originally put the house on the market for $18.5 million (N7.6b) in 2007 and tried to find a buyer for years. He ended up selling it at a massively discounted $2.9 million (N1.2b) in 2019 and donated all the money to his charity, G-Unit Foundation.

The nightclub in the mansion
The nightclub in the mansion. Photo credit: The Sun. Source: UGC
Source: UGC

The property was bought by American businessman Casey Askar who owns several fast-food businesses.

Read also

Kevin Hart's plush $7 million mansion in Calabasas, California which he bought from a neighbour

Jackie Appiah trends over palatial mansion in Ghana

Meanwhile, actress Jackie Appiah has been trending on social media after a video of her Trassaco estate mansion popped up online.

The video showed Jackie taking Nigerian actress Luchy Donalds on a tour of the house after she visited Ghana recently.

For her, Queen J's Villa, as she called Jackie's house, was no ordinary mansion but a castle. In her excitement, Luchy showed many parts of the house which had never been seen on social media.

Following Luchy Donald's video, another video of Jackie's house has surfaced online showing more exclusive details inside the house.

The video which was put together by videographer Von Kwame Kyere and posted on various blogs on Instagram showed the aerial view of the big house.

Source: YEN.com.gh

Authors:
Taiwo Owolawi avatar

Taiwo Owolawi (Entertainment Editor) Taiwo Owolawi is an entertainment and lifestyle journalist with four years of work experience at Legit.ng. She graduated from Osun State University with a degree in English and International Studies in 2016. She has also moved on to pursue courses in Public Relations and Copywriting. Taiwo emerged as Legit.ng's Best Entertainment Editor in 2022. Contact: taiwo.owolawi@corp.legit.ng.

Khadijah Thabit avatar

Khadijah Thabit (Copyeditor) Khadijah Thabit is an editor with over 3 years of experience editing and managing contents such as articles, blogs, newsletters and social leads. She has a BA in English and Literary Studies from the University of Ibadan, Nigeria. Khadijah joined Legit.ng in September 2020 as a copyeditor and proofreader for the Human Interest, Current Affairs, Business, Sports and PR desks. As a grammar police, she develops her skills by reading novels and dictionaries. Email: khadeeejathabit@gmail.com