In 2008, Evander Holyfield's $20 million mansion went into foreclosure. He had earned $230 million in the ring, and still lost it.
Holyfield fought for 26 years, piling up 44 wins in 57 fights, including 29 knockouts. His chaotic 1997 rematch with Mike Tyson, the one that ended in a bitten ear, brought in over $100 million on its own.
In 1994, at the height of his career, Holyfield bought the estate in his hometown of Atlanta. The $20 million purchase was called a monument to his success.
In the video below, Holyfield tells young guys what he wants them to learn from his money, Fourteen years after buying it, the monument to his success was headed to auction.
So was it empowering his circle, or losing control of his own money?
In 1988, Mike Tyson made $22 million in 91 seconds.
Fifteen years later, after earning $300 million total, he filed for bankruptcy.
He had three marriages, mansions, and a tiger. By 2003, none of it was left.
In the video below, Tyson talks about what he was doing wrong with his money.
By 2003, the $22 million from one fight was gone.
@darkcrypto_off He's been open about it for years, says he trusted the wrong people and spent on things he didn't need, the money went piece by piece over almost fifteen years
In the 2000s, Dennis Rodman handed his $5 million fortune to a woman with a fake Harvard degree.
Peggy Ann Fulford met Rodman through a mutual friend and became his financial advisor. She claimed Wall Street success that never existed.
In 2011, Rodman thanked her in his Hall of Fame speech, calling her family.
His electricity got cut off in a Florida condo she bought for him. His spending came up in a child support hearing, including charges at Victoria's Secret, a store he said he never shopped at.
His assistant later found his $5 million life insurance policy had lapsed.
In the video below, Rodman responds to what happened to his money.
Fulford got 10 years in 2018. Rodman didn't even know the lights were off.
In 2015, Elizabeth Holmes was worth $4.5 billion. One Wall Street Journal article ended it.
Theranos claimed hundreds of tests from a single drop of blood. The Journal called it fraud.
In the video below, Holmes responds to the Journal's story.