Behind Lakiha Spicer's net worth: How Mike Tyson's wife makes her money
Mike Tyson’s wife, Lakiha Spicer, is known for being a supportive partner who earns her own money. But, like her famous husband, Lakiha has also experienced controversy. This article discusses Lakiha Spicer's net worth, personal life, and fraud controversy.
Source: Getty Images
TABLE OF CONTENTS
Key takeaways
- Lakiha Spicer met her now-husband, Mike Tyson, at a boxing match in 2004, which she attended with her father, Shamsud-din Ali.
- Lakiha and Mike had an on-and-off relationship, but finally wed in June 2009.
- Lakiha, along with various family members, was embroiled in controversy in the early 2000s when she was involved in a fraudulent college course scheme.
Lakiha Spicer's profile summary
| Full name | Lakiha Tyson (née Spicer) |
| Nickname | ‘Kiki’ |
| Date of birth | June 11, 1977 |
| Age | 47 at the time of writing (April 2025) |
| Birthplace | Philadelphia, Pennsylvania, USA |
| Current residence | Between Las Vegas, Nevada and Delray Beach, Florida |
| Nationality | American |
| Marital status | Married to Michael Gerard Tyson (2009) |
| Ethnicity | Mixed (African-American and Muslim background) |
| Hair colour | Black |
| Eye colour | Dark brown |
| Education | Cheltenham High School |
| Social media |
What is Lakiha Spicer's net worth?
Lakiha Spicer's net worth, according to EssentiallySports, is between $1 million and $3 million. According to Celebrity Net Worth and Sportskeeda, Mike Tyson’s net worth is $30 million.
Mike's value is believed to have significantly increased following his comeback fight with Jake Paul, with TheStreet and GB News reporting his latest value as $50 million.
Source: Original
Did Mike Tyson give $20 million to his wife?
Yes, Mike earned $20 million from his November 15, 2024, comeback fight against Jake Paul, which he later said he would give the full value to his wife. The match took place at the AT&T Stadium in the heart of Arlington, Texas, USA. Jake defeated Mike via unanimous decision, and the fight was livestreamed on Netflix.
Although Mike lost, he thanked his wife, Lakiha, for standing by him throughout his ups and downs. Boxing TV quoted him as saying:
'I'm very happy my wife and I got together. I don't know what I would've done without her. Money doesn't mean anything to me because she's my world so I better give it to her. Her love is worth more than $20 million.'
How much is Mike Tyson's estate worth?
Mike Tyson's estate's value is believed to be closely associated with his net worth, at around $50 million. This value comes at a stark contrast to the boxing legend's former value of between $300 and $400 million during the peak of his career in the late 1980s and early 1990s.
A fall from grace and financial struggles
Although the boxing icon enjoyed years of commercial success, his finances became strained following Mike's infamous Las Vegas match against Evander Holyfield in 1997. Mike famously bit Evander's ear twice, resulting in disqualification from the bout, a fine, and a year-long ban from boxing.
Source: Getty Images
This controversy, along with his personal relationships and lavish lifestyle sprawled throughout the tabloids in the 90s, saw a decline in Mike's tumultuous boxing career. His decreasing fights and penchant for living lavishly saw him file for bankruptcy in 2003, while $23 million in debt. In an affidavit regarding the filing, Mike wrote:
'I have been in financial distress since 1998, when I was burdened with substantial debt to Showtime, taxing authorities, and parties to litigation, Since that time, although my fight income, various asset sales, and litigation recoveries have enabled me to pay a lot of my debt, I am still unable to pay my bills.'
Since filing for bankruptcy, Mike's finances slowly began to improve. His slow but steady return to the entertainment and sporting world, along with his cannabis company, Tyson 2.0, played a significant role in his return from financial ruin.
What does Lakiha Spicer do for a living?
Mike Tyson's wife works as an entrepreneur and owns a clothing boutique. The businesswoman also co-wrote the 2012 play Mike Tyson: Undisputed Truth. The one-man play was directed by Spike Lee and made it to Broadway.
Source: Getty Images
Lakha Spicer's kids with Mike Tyson
Lakiha met Mike when she was 18 and he was 28 at one of his boxing matches. Although their relationship was on and off, the couple wed on June 6, 2009, at the La Bella Wedding Chapel at the Las Vegas Hilton.
The couple share two children, Milan and Morocco. Mike's children from previous relationships include Miguel Leon, Exodus, Mikey Lorna, Amir, and Ramsay.
Lakiha Spicer’s parents
Her parents are Shamsud din Ali and Faridah Ali. Lakiha's stepfather, Shamsud, was an influential Muslim cleric who had boxing connections in Philadelphia and personally knew promoter Don King. Their connection is how Lakiha and Mike first met.
Source: Getty Images
Legal woes
Lakiha's mother, Faridah, was the director of a Philadelphia-based Muslim school. Faridah, Shamsud, Lakiha, and Azheem Spicer were convicted on fraud charges regarding conspiring to defraud a community college out of an estimated $224,000 in 2004.
The family members set up an education program for adults, but the program had ghost students to make up the numbers and offered nonexistent classes. Shamsud was convicted of federal racketeering and sentenced to seven years in prison, while Faridah was given a year of house arrest.
Lakiha was sent to prison for six months, while her brother, Azheem, appealed his sentence. He was resentenced to four years of probation, under certain conditions.
Lakiha Spicer's religious beliefs
Lakiha comes from a Muslim family. In 2011, the couple held a surprise vow renewal in Las Vegas, initially telling their 150 guests that the event was a joint birthday party.
Source: Getty Images
Although Lakiha Spicer's net worth is reported differently, most sources estimate it to be in the millions. Mike's grand gesture of gifting his wife his boxing fee from the Jake Paul fight increases Lakiha's otherwise speculated net worth.
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Source: Briefly News
