Michael Phelps Net Worth

Michael Phelps Net Worth, Age, Biography, and Major Investments in 2022

Introduction about Michael Phelps

Michael Phelps is the one whose name would always top the list of the most successful swimmers in the entire history. He without a doubt has made a huge fan following and has always made the USA for being the most successful Olympian.

He is surely a living inspiration and legend for all of us who has bagged 39 world records and 66 gold medals in total. The flying fish has never failed to set multiple records in his name and has bagged 28 medals which is not a small deal after all. He is surely a man that we all can look up to.

Net Worth & Salary of Michael Phelps in 2022

The net worth of Mr. Michael Phelps is estimated to be something around $80 million. He is abundantly rich by being a successful swimmer and winning multiple medals and awards in the Olympics.

It has been revealed that he manages to earn millions of dollars each time he bags a gold medal. His elite lifestyle also justifies his massive earnings.

Early life & Biography of Michael Phelps

Michael Fred Phelps II was born in the multi-cultural family of Phelps on June 30, 1985, in Baltimore, Maryland. He was born as the youngest son to Michael Fred and Deborah Sue Phelps and he has a very warm bond with his elder siblings, Whitney and Hilary Phelps.

His father, Michael served as the State Trooper of Maryland while his mother Debbie worked as the principal of a middle school. Things took a turn for Michael when his parents were divorced when he was just a kid of nine.

His relationship with his father was not as good as revealed to him and he was distant for a couple of years. He was a keen lover of swimming when he stated that at the tender age of nine and he gives all the credit to his mom who pushed him to take up swimming.

Her mother also had to suffer a lot when Michael had been tested with ADHD at 12. He has completed his high school graduation from Towson High School.

He has participated in multiple competitions and has been setting records since then. He has set a national record at the age of ten and even went to North Baltimore Aquatic Club for taking swimming training.

Name:Michael Fred Phelps II
Age:36 years old
Birth Date:30 June 1985
Birth Place:Baltimore, Maryland, U.S.A.
Height:1.93 m
Sexual Orientation:Straight
Marital Status:Married
Wife/Spouse:Nicole Johnson
Children/Kids3- Boomer Robert, Maverick Nicolas and Beckett Richard Phelps
Profession:National swimmer
Yearly Income:$20 Million
Net Worth$80 Million
Content Last Updated:March 2022

Personal life of Michael Phelps

Michael as described by his coaches have always been a lone wolf kind of person who has always focused on his own path and has always been focused and consistent. Apart from being serious about his career he is incredibly kind and loves to bond with small kinds.

Michael first kept his married life away from the limelight and he secretly tied the knot with Nicole Johnson in 2016. Nicole is renowned as a former Miss California and it has been revealed later that the couple has been dating since 2007.

They are blessed with three adorable sons. Michael has always greatly idolized Ian Thorpe and Michael Jordan.

Michael Phelps
Michael Phelps Net Worth, Age, Biography, and Major Investments in 2022

Career of Michael Phelps

After he completed his high school graduation he was under the able guidance of Bob Bowman and has proven his skills by participating in multiple competitions for university and later was part of Michigan University.

Then they again moved to Baltimore and he continued to swim for Arizona University soon enough he secured a place for the Summer Olympics in 2000 when he was just 15. Then, in 2001 he was the youngest who made a groundbreaking record at the International Level for 200 meters.

He then never looked back and has touched great heights and broke his own records in the upcoming Olympics. In 2002 he made his country proud when he bagged five medals in the Pan Pacific Swimming Championship.

In 2003 he created history by making five world records and has made himself successful in almost all parts of the world. In 2011 he launched his own line of games named Michael Phelps: Push the Limit to encourage the youth to be interested in swimming.

He is also the founder of the Michael Phelps Foundation and he was also a part of Medibio which extends the hand of help to the people going through mental health problems.

Awards and Achievements of Michael Phelps

Michael is the only swimmer to have bagged the highest number of gold medals in the Olympics. In order to honor his legacy, a street has been named after in his hometown as Michael Phelps Way.

He has been honored with the Swimming World World Swimmer of the Year Award six times. He has also been rewarded with the Golden Google Male Performance of the Year seven times.

In 2016 he was also awarded the SwimSwam Swmmty Award. He has won the James E. Sullivan Award in 2003.

He has been honored with multiple awards from the Laureus Awards and has also bagged a Marca Leyenda Award.

Major investments and Assets of Michael Phelps

Michael has been featured in several brand endorsements and has earned millions from it. He has been the face of many known companies like Intel, Subway, Beats, Visa, Radio Shack, and many more.

He has also advertised for Wheaties and Louis Vuitton. As of now, he has also emerged as one of the partners for Aqua Sphere. He resides in the rich area of Paradise valley in Arizona in a huge mansion worth $2 million.

He has also equipped the house with six grand bedrooms, pools, and many more modern facilities.

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Michael has been a great role model for today’s youth. He states how we faced his ADHD issues and depression. He emphasizes being focused on our path and making preparation the only key to success.

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