Mike Tyson

Mike Tyson who soared to legendary status in the boxing ring, had to “throw in the towel” and file a Chapter 11 bankruptcy case in 2003, after losing the proverbial “shirt off his back.” Reasonable people might differ, but if given the choice, one would rather lose the shirt off his back, than the ear off his head, as was literally the case with Evander Holyfield back in a 1997 title bout with Tyson.

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