Call Us Today On: 01635 299184



SCM Sporting Classic Motors is a company based in north Hampshire close to the Berkshire border in Southern England specialising in classic car restoration, with an emphasis on historic motor vehicles with a sporting predisposition.


The restoration of pre-war vintage motor vehicles is incorporated with post war Classic Car restoration, classic car maintenance, classic car servicing and classic car repairs.


Much of the work involves British and German classics such as Mercedes Benz, Porsche, Austin Healey, Bentley and Daimler but not exclusively.

Let me make it clear on how Mike Tyson Spectacularly Lost His $400 Million Fortune

Whenever it stumbled on knocking away chumps in fast succession, few could match heavyweight that is legendary “Iron” Mike Tyson. He was just as prolific when it came to knocking out checks. At one moment in time, Mike had $300 million into the bank and is thought to have received $400 million as a whole. But he blew all of it in spectacular fashion.

From fleets of luxury cars and entourages bigger than the people of Luxembourg to Siberian tigers caught the garden and harems of hookers chillin’ right back when you look at the 21-bedroom crib, you will find very few things Mike don’t test in the top of their prowess.

From Humble Beginnings into the the top of World

Flamboyant soul music singer Rick James once stated: “Cocaine is the one hell of a drug.” The exact same might be stated of fame and money. Just just exactly What person that is normal from having $300 million into the bank to very nearly $50 million with debt in only over 10-years? The solution? No person that is normal.

Mike Tyson is perhaps rated within the top-15 heavyweight boxers to ever move base to the arena that is gladiatorial but he is ranked much higher into the pound-for-pound dazzling investing stakes.

Mike went from an impoverished upbringing in late-1970s brutal Brownsville, nyc, to becoming the youngest heavyweight champion of all-time, a family group title additionally the many feared guy on the world. He did all of this before his 22nd birthday celebration. He merely did not have the equipment or mechanisms that are coping handle such attention, popularity or money.

Investing Millions the Mike Tyson Means

From his expert debut that is boxing 1985 until shockingly losing their name to Buster Douglas in 1990, life for Mike Tyson ended up being going well by his very own requirements. Then all of it began to get downhill.

Significantly less than an after losing his world title, mike was accused of raping desiree washington and sentenced to six years’ prison time year. Today he still denies the charges.

Whenever Mike premiered from prison in 1995, after serving four years, he had a reported $300 million bucks within the bank to smoothen their change right back into normal life. As normal as Tyson may have. Listed here is a summary of Mike’s investing practices within the 33-months that is first released from jail:

  • $4.5 million on automobiles and motorbikes (19 cars he purchased for buddies)
  • $100,000 per on jewelry and clothes month
  • $400,000 on pigeons and many different big kitties such as Siberian tigers
  • $125,000 each year for an animal trainer to deal with the cats that are big
  • $240,000 per thirty days for travelling cash he invested in lifestyle flexing
  • $300,000 on yard care and yard upkeep alone
  • $230,000 on cellular phones, pagers, and phone bills

Houses, Automobiles, and Madness

During this duration period, Mike additionally bought a 21-bedroom/24-bathroom mansion in Connecticut having an on-site casino and a nightclub. He additionally bought estates in Maryland, Las Vegas, and Ohio, where he previously gold-plated furnishings and a baseball court.

He’s thought to have bought 111 vehicles in their life time. At their top, he owned an edition that is limited Continental SC that are priced at $500,000 and ended up being certainly one of just 73 ever made.

He owned a few Ferraris, Lamborghinis, a variety Rover, a Mercedes-Benz 500 and a 1995 Rolls Royce which he later totaled in a major accident and left at Tops-Auto garage and told them to help keep it.

He regularly lent buddies their vehicles and forgot where he’d put them. He’d deliver their employees out to discover the estranged cars he borrowed to individuals who he could not keep in mind. It had been like bounty trying to find vehicles.

Other Notable Acquisitions

In their autobiography, Mike told the whole tale of exactly just how he once discovered tens and thousands of bucks he had stashed couple of years past inside the washing container. Evidently, their team would scramble to simply just take Mike’s clothing to your launderette from then on episode.

Possibly the many absurd purchase Mike ever made had been A christmas time present for his very first spouse Robin Givens. He purchased her a bathtub that is golden $2 million. Thank god it absolutely wasn’t a golden bath!

The spending sprees and tales are endless. Devilish promoters such as for instance Don King additionally had their lb of flesh from Tyson, alongside a lot of other bloodsuckers. But he’s adamant it was all their fault. And therefore he previously a time that is great.

Mike Tyson filed for bankruptcy in 2007, but he will not be undoubtedly broke or homeless. Even now he is nevertheless understood around the world and not does not pique the attention of men and women young and old alike in a brutal, barbaric, often gorgeous, yet way that is always compelling.

Featured image from Celebrity Pet-Worth