Buster Douglas Net Worth: Buster Douglas is an American former world heavyweight professional boxing champion who has a net worth of $15 million. (James) Buster Douglas was born April 7, 1960 in Columbus, Ohio. He is the son of professional boxer William "Dynamite" Douglas. Buster Douglas is best known as the fighter who scored a stunning upset when he knocked out the undefeated Mike Tyson on February 11, 1990 in Tokyo, Japan. Tyson was considered to be the best boxer in the world at the time and one of the most feared heavyweight champions in history. The Mirage Casino in Las Vegas, the only Las Vegas casino to make odds on the fight (all others declining to do so as they considered the fight already decided), had Douglas as a 42 to 1 underdog for the fight, making his victory, in commentator Reg Gutteridge's words, "…the biggest upset in boxing history, bar none." Douglas held the title for eight months and two weeks, losing on October 25, 1990 to 28-year-old, 6-foot-2-inch, 208-pound Evander Holyfield via a third-round KO (knock out) in Buster Douglas' only title defense. For a brief period during his early twenties, Douglas was known as the "Desert Fox" within the Columbus, Ohio boxing community, attached to Douglas because of a misinterpreted encyclopedia entry regarding Douglas MacArthur and Erwin Rommel. Several friends of Buster Douglas mistakenly believed that Douglas MacArthur was known as the "Desert Fox" and subsequently addressed the future heavyweight champion as such. Buster Douglas later distanced himself from that label. Douglas made his feature film debut in the Artie Knapp science fiction comedy Pluto's Plight. Douglas was the star of the video game James 'Buster' Douglas Knockout Boxing for the Sega Master System and Sega Genesis, a game that is considered a response to Nintendo's Mike Tyson's Punch-Out!! In 1995, HBO aired Tyson, a television movie based upon the life of Mike Tyson. Douglas was portrayed by actor Duane Davis.
Buster earned earned approximately $3 million when he defeated Tyson. He then earned $24.1 million, the largest purse ever up to that point, to fight Evander Holyfield. $24.1 million is equal to $43.5 million today after adjusting for inflation. Holyfield, who earned $8 million, defeated an overweight and out-of-shape Buster in the third of twelve rounds.