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  1. Nov 28, 2023 · Adding to his downfall, Holyfield’s lavish spending habits, substantial child support payments, and the costly mansion pushed him to go bankrupt. In case you’re wondering how costly the mansion was, the mansion had a yearly maintenance cost of $1 million and its electricity bill supposedly came up to $16500 per month.

  2. Nov 25, 2020 · The former boxing champion lost his fortune due to his lavish lifestyle, risky bets, and large family. He owed millions in child support, taxes, and mortgages, and faced jail time for non-payment.

  3. Jul 30, 2022 · Evander Holyfield has gone from having it all and being one of the richest boxers in the world to now having some financial problems that have left him in considerable debt.

  4. Holyfield was declared bankrupt after earning some $230m from those 57 fights, in which his lowest purse was $600,000 and the biggest $33m – the 1997 bout in which Mike Tyson took a bite out of...

    • Alan Hubbard
  5. Jul 29, 2022 · He was forced to file for bankruptcy in 2003. The pair were scheduled to fight in a trilogy in May 2021, but it was canceled and has yet to be rescheduled. Fans have criticized seeing older...

    • Damia Freehill
  6. Aug 11, 2020 · How Evander Holyfield won and lost his £240m fortune after dodgy business deals led to eviction from 109-room mansion. Etienne Fermie. Published: 12:20, 11 Aug 2020. Updated: 12:20, 11 Aug...

  7. Aug 9, 2012 · Evander Holyfield Completely Broke, Auctioning off Prized Posessions. Vitali S August 9, 2012. What started as minor financial difficulties such as child support, turned into a devastating...