Michael fought in 32 professional matches during his career, ending with just one loss. · michael spinks , one of the greatest boxers of all time, has not only excelled in his sporting career but also exemplified financial literacy. Though he hasn’t fought in decades, his legacy in the ring continues to contribute to his financial stability. Michael fought thirty-two bouts before retiring and won thirty-one of them. Twenty-one of his wins were via knockout. Michael lives in a 7,000-square-foot home with a large guest house on three acres of property in wilmington, delaware. Michael spinks was born on , in st. He held world championships in two weight classes, including the undisputed light heavyweight title from 1983 to 1985, and the lineal heavyweight title from 1985 to 1988. In that fight, he was knocked down twice by mike tysonin the first round. Online estimates of michael spinks ’ s net worth vary. Nicknamed the jinx, michael spinks is the brother of fellow professional boxing champs leon spinks and cory spinks. Notably, he earned a substantial sum from his bout against mike tyson. Michael spinks is a retired american boxer who has a net worth of $5 million. The fight against mike tyson was held at the convention hall in atlantic city, new jersey, in june 1988. Michael spinks (born ) [a] is an american former professional boxer who competed from 1977 to 1988. It was only two months later that he defended his light heavyweight championship in the ring against qawi. He began to gain notice in the early 1970s as he won multiple amateur boxing titles. He had 21 wins by ko. While it’s relatively simple to predict his income, it’s harder to know how much michael has spent over the years. · michael spinks has made a significant impact in the boxing world, which is reflected in his financial success. He earned approximately $24 million pre-tax during his career. Between 1974 and 1976, michael won the golden gloves light middleweight championship, silver at the national aau championships, the national golden gloves middleweight championship, and a gold medal. Though spinks has mostly remained out of the public eye since retiring, he occasionally visits schools as a motivational speaker and trains fighters. Spinks knocked qawi down in round eight and scored 144-140, 144-141. He purchased the house in 1985 for $316,000, and its now worth upwards of $1. 5 –. His final fight in 1988 was his only loss as a professional. At the time, it was the most commercially successful fight in boxing history, grossing around $70 million. His estimated net worth stands at around $5 million. · as of 2025, michael spinks’s estimated net worth is around $15 million. Spinks is one of the rare professional boxers who retired with his money and health fully intact. It was only the second time in his career—the other to dwight muhammad qawi in 1983—that spinks w. As an amateur he won a gold medal in the middleweight division at the 1976 summer olympics. Upon lewis death in 2011, spinks filed a lawsuit against the promoters estate, alleging that tens of millions of dollars. His wealth stems from his successful boxing career, endorsements, and smart investments. In 2023, michael spink net worth of $5 million from a successful career in the ring and out of it. Michael spinks is an american former professional boxer who competed from 1977 to 1988. For most of it, his finances were managed by promoter butch lewis. His earnings primarily stemmed from his boxing career, including significant purses from high-profile fights. Tragedy struck spinks in january 1983 when his 24-year-old wife, sandy massey, died in a car crash. · as of recent estimates, michael spinks’ net worth is approximately $5 million. This left michael a single parent of their two-year-old daughter, michelle. See full list on celebritynetworth. com Tyson earned a purse of around $22 million, and spinks earned $13. 5 million for the 91-second contest that tyson won via ko.