The invention discloses high-tenacity boron containing die steel and a preparing method thereof. The high-tenacity boron containing die steel comprises, by mass, 0.25%-0.5% of C, 0.8%-2.4% of Cr, 0.3%-0.8% of Si, 3.1%-5.2% of Mn, 0.6%-2.0% of B, 0.3%-1.5% of Cu, 0.10%-0.50% of Ti, 0.05%-0.25% of Ca, 0.05%-0.3% of ReSiMg, 0.02%-0.18% of N, 0.05%-0.3% of Nb, 0.30%-0.80% of Al, 0.04%-0.13% of K, smaller than 0.03% of S, smaller than 0.04% of P, and the balance Fe. Melting is carried out to reach the temperature of 1,560-1,620 DEG C through an intermediate frequency furnace, after 60-100 meshes of ferrovanadium, ferrotitanium, potassium oxide, silicon-calcium-barium alloy and nitrogenous ferrochromium, BC, BN, B2O3, Si3N4, Al and ReSiMg are matched according to the mass percent, low-carbon steel with the thickness of 0.12-0.25 mm is utilized for rolling the mixture into a metal core-spun wire with the diameter of 8-15 mm to serve as a boron supplying agent, the boron supplying agent is added into melted molten steel, boron adding and metamorphic inoculation treatment are carried out, and the pouring temperature of the molten iron is 1,400-1,450 DEG C. A casting is insulated for 2-4 hours at the temperature of 920 DEG C-1,150 DEG C, and air cooling is carried out to reach the room temperature. The high-tenacity boron containing die steel has good strength, hardness, tenacity, heat resisting fatigue and abrasion resistance, and the production cost is low.