Evander Holyfield Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Financial difficulties=== In June 2008 a legal notice was placed by [[Washington Mutual Bank]] stating that Holyfield's $10 million, {{convert|54000|sqft|m2|adj=on}}, 109-room, 17-bathroom suburban Atlanta estate would be auctioned off on July 1, 2008, due to [[foreclosure]], shortly before that bank's insolvency. Rapper [[Rick Ross]] ended up acquiring the house. Adding to his financial problems, Toi Irvin, mother of his then 10-year-old son, filed suit for non-payment of two months child support (he was paying $3,000 per month for this child). A Utah landscaping firm also went to court seeking $550,000 in unpaid debt for services. His fortune was drained by frivolous spending, multiple failed business ventures, constant child support payments, and his three divorces, among other things.<ref>{{cite news| url=http://www.cbc.ca/sports/story/2008/06/05/holyfield-finances.html | work=CBC News | title=Evander Holyfield's mansion under foreclosure | date=June 6, 2008}}</ref> In 2012 ''[[The Independent]]'' described Holyfield as "flat broke and bankrupt" despite having earned Β£350 million (US$513 million) over his boxing career.<ref>{{cite news |last=Hubbard |first=Alan |date=13 October 2012 |title=Boxing: Holyfield's life goes under the hammer |url=https://www.independent.co.uk/sport/general/others/boxing-holyfields-life-goes-under-the-hammer-8210385.html |newspaper=Independent |access-date=20 June 2016 }}</ref> As of 2019, Holyfield was earning about $1.2 million a year, mostly through personal appearances.<ref>[https://www.stuff.co.nz/sport/combat-sports/117488748/where-did-312-million-go-boxing-champ-evander-holyfield-on-his-lost-fortune "Where did $312 million go? Boxing champ Evander Holyfield on his lost fortune"]. November 17, 2019.</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page