A Look Inside Mike Tyson's $4 Million Mansion Which He was forced to Sell Because of Bankruptcy

A Look Inside Mike Tyson's $4 Million 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

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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 in debt. This forced him to sell his magnificent Connecticut home for about $4 million.

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.

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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 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 in 2007 and tried to find a buyer for years. He ended up selling it at a massively discounted $2.9 million 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.

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Authors:
Richmond Setrana avatar

Richmond Setrana Richmond Setrana is a real estate editor for YEN.com.gh with 5 years of writing experience. He graduated from KNUST in 2016 with a bachelor’s degree in Sociology and is currently enrolled in a MA—Mass Communications program with Liverpool John Moores University. He has written for reputable platforms like meqasa.com, Noanyi, Edanra and Yourcommonwealth.org. He can be reached via: richmond.setrana@yen.com.gh