The former heavyweight champion of the world turned out to be a bit of a lightweight when it came to money matters.
The boxer owed $38.4 million (£19.57 million) to a series of creditors, the US's Inland Revenue and ex-wife Monica in 2004. Tyson's pet tigers accounted for £4,000 of his debt - part of a lifestyle that cost £200,000 a month.
![Martine McCutcheon declared bankrupt [Image © Anthony Devlin – PA Wire]](http://db2.stb.s-msn.com/i/BE/F5702C69A83396A1349A708458ECC6_h75_w75_m4.jpg "Martine McCutcheon declared bankrupt [Image © Anthony Devlin – PA Wire]")
Easy come, easy go.... if these people had to actually WORK for their money they may be better at paying their bills on time, As for Bill Roache suing for being called Boring, I can see why he lost the court cases twice, now he is Boringly Broke! Well at least no one can say the new love in his life (half his age) is after him for his money, she will probably end up having to keep him in his doteage.
No sympathy for any of the celebs who are broke, they are just self obsessed idiots who dont think of tomorrow.
These are well meaning people who where never taught about the life style that they were about to enter.
I feel sorry for them because they think the money tree will never die. I hope others will lean from these mistakes but as the bible says "EVERY WAY OF A MAN IS RIGHT IN HIS OWN EYES. STAY SAFE.
Who the hell is Joe Swach? Never heard of him.
It's funny how many of these have been done for Child Molestation, Rape or being at a party where someone was murdered.
Then we have the ones who are guilty of other crimes here too.
Did this story start as something else?
"Paedos, Rapists and comedians with pools who have gone bankrupt".....
Please note that articles on MSN Money do not constitute regulated financial advice, which recommends a course of action based upon the specifics of your personal circumstances. The articles are intended to provide general personal financial information. We urge you to consult an Independent Financial Adviser (IFA) before making any important decisions about your finances. You can search for an IFA in your local area. Any statement regarding financial services products and tax liability is based on legislation and tax practices as at 6 April 2011, which is, of course, subject to change. The value of any tax benefits or reliefs depends upon the individual circumstances of the investor. When investment performance is mentioned you should remember that past performance is no guarantee of future performance. Where products have an underlying investment content, in many cases the value of the investment can fall as well as rise. For with-profit based investments, there is no guarantee as to the level of bonuses that will be declared, if any. Where mortgages or secured loans are explained do remember that your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. All mortgages are subject to underwriting, status and are not available to people under the age of 18.
Eurozone leaders have agreed to support a new bailout for Greece that gives the debt-laden nation a lower interest rate.
Loans calculatorUse this calculator to find out how much you can afford to borrow.
Currency converterConvert the value of currencies from around the world.
Mortgage calculatorCalculate a new mortgage or find the stamp duty.
Trade sharesTrade over 11,500 shares on 23 major exchanges.
Expert mortgage adviceLooking for a loan? Get expert help.
Free credit report trialFree 30-day trial of your Experian credit score and credit report.
Find a financial adviserUse this tool to find an independent financial adviser.
Free debt helpStruggling with debt? Get a free personalised action plan from debt charity the CCCS.
Free guides and brochuresFrom saving to investing, delivered to your door absolutely free.
MSN Compare allows you to compare, switch and save money on credit cards, insurance, mortgages, loans, bank accounts and more.
Deborah Meaden answers your questionsLast month we asked you to submit your questions for us to put to investor and Dragons’ Den star Deborah Meaden. Here’s what she had to say…
Put your questions to Deborah MeadenWe'll be chatting to Dragons' Den's Deborah Meaden and we want your questions.
Is the Queen value for money?The Civil List has been frozen, but should it be abolished? We take a look at what the monarchy takes - and gives back.
What the Harry Potter franchise is worthAs the penultimate film in the Harry Potter series breaks box office records, we look at some of the mind-boggling figures behind the franchise.
10 money lessons from the moviesAs Wall Street: Money Never Sleeps hits UK cinemas, we look at some other films that can teach us about finance.
Key players to watch for - we look at where the final will be won
Did Cheryl and Olivia hit the highest fashion notes? Our expert runs an eye over their style
It's National Barbeque Week and we've rounded up the UK's best, to suit any budget
