Evander Holyfield went from having it all and being one of the richest boxers in the world to now having financial problems that left him in considerable debt.
In the past, he was unable to manage his fortune, which was close to $250 million, and now he may even be forced to sell his most prized possession: one of his cars.
The American was declared bankrupt after retiring and is now worth $500,000.
As a result, he plans to sell his Cadillac Escaladewhich is valued at around $150,000.
Before that, he had to sell some of his other vehicles to sort out his financial problems.
After several business failures, events in his personal life did not help him either. holyfield has 11 children with six different wives.
One of them, Evafollowed in his footsteps and also decided to become a boxer, although he did not achieve the same success as his father.
Evander suffered only 10 losses in his career and his rivalry with mike tyson took him to the top of his game.
However, his name went down in history for the incident on June 28, 1997 when Tyson bit and ripped off a piece of his ear in the heavyweight title fight in Las Vegas.
Tyson lost his boxing license after this episode and was fined $3 million.