"That equals to being a fool, having fame and no fortune. A lot of guys out there have fame doing this and doing that, but they are broke"
About this Quote
The phrasing matters. Calling it “being a fool” shifts the blame from an unfair system to a personal miscalculation, which is exactly the ethos Tyson came up in: harsh lessons, no patience for naivete. It also smuggles in a second message: if you don’t monetize attention, someone else will. The “doing this and doing that” is dismissive on purpose, collapsing a thousand hustles - endorsements, appearances, content, clout - into noise. Fame becomes an activity, not an achievement.
Context sharpens the edge. Tyson is a cautionary figure who lived the arc from unimaginable wealth to financial collapse to reinvention. When he talks about broke famous people, he’s talking about the price of being consumed as an image. In the influencer economy, where everyone can be “known” and almost no one is protected, Tyson’s warning reads less like old-school pragmatism and more like a survival memo: attention is not assets, and applause doesn’t compound.
Quote Details
| Topic | Wealth |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Tyson, Mike. (2026, January 17). That equals to being a fool, having fame and no fortune. A lot of guys out there have fame doing this and doing that, but they are broke. FixQuotes. https://fixquotes.com/quotes/that-equals-to-being-a-fool-having-fame-and-no-36270/
Chicago Style
Tyson, Mike. "That equals to being a fool, having fame and no fortune. A lot of guys out there have fame doing this and doing that, but they are broke." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/that-equals-to-being-a-fool-having-fame-and-no-36270/.
MLA Style (9th ed.)
"That equals to being a fool, having fame and no fortune. A lot of guys out there have fame doing this and doing that, but they are broke." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/that-equals-to-being-a-fool-having-fame-and-no-36270/. Accessed 18 Feb. 2026.









