Michael Phelps Net Worth

Michael Phelps Net Worth, How did the professional swimmer amass such wealth? Check this article to find out more about Michael Phelps Net Worth, his life and career.

About Michael Phelps

Michael Phelps Net Worth

Michael Phelps. – Business Insider

He is a former American swimmer and the most decorated Olympian of all time, with a total of 28 medals. Phelps would most likely be the first name anybody would say if we are to mention a great Olympians of all time.

So what is Michael Phelps Net Worth? Read on to find out more about Michael Phelps Net Worth.

Full Name: Michael Phelps
Profession: Swimmer
Date of Birth: June 30, 1985
Nationality: American
Age: 34
Net Worth: $60 Million

Michael Phelps Early Life and Career

Michael Phelps was born on the 30th of June, 1985, in Baltimore, Maryland. He went to Rodgers Forge Elementary, Dumbarton Middle School, and Towson High School.

Phelps has two siblings, who are both older than him. His mother Deborah is a middle school principal while his father Michael is a retired Maryland State Trooper.

Swimming became a part of his life when he was 7 years old. This was mainly due to the influence of his sisters and to provide him with an outlet for his energy.

When he was in the sixth grade, he was diagnosed with ADHD. At age 10, Phelps held a national record for his age group in the 100-meter butterfly and started to train at the North Baltimore Aquatic Club under coach Bob Bowman.

At age 15, Phelps was qualified for the USA Olympic team in the 2000 Summer Olympics. He was the youngest person to qualify for the team in 68 years.

He broke the world record for the 200-meter butterfly in the World Aquatics Championship Trials in 2001. That day,  Phelps made history by becoming the youngest male ever to set a swimming world record.

Phelps won four gold medals, two silver medals, and broke five world records at the 2003 World Aquatics Championships.

He also holds the all-time records for Olympic gold medals, Olympic gold medals in individual events, and Olympic medals in individual events.

At the 2008 Beijing Games, in winning eight gold medals,  Phelps broke fellow American swimmer Mark Spitz’s 1972 record of seven first-place finishes at any single Olympic Games.

Then at the 2012 Summer Olympics in London, he won four gold and two silver medals, and at the 2016 Summer Olympics in Rio de Janeiro, he won five gold medals and one silver.

Highlights of Michael Phelps Career:

James E. Sullivan Award (2003)

Year 2005, 2009, 2013 – ‘Best US Male Olympian’ ESPY Award

Year 2008 – Male Athlete of the Year Associated Press

Sports Illustrated Sportsperson of the Year (2008)

Best Male Athlete ESPY Award (2009)

Best Moment ESPY Award (2009)

Best Record-Breaking Performance ESPY Award (2009. 2013)

Lifetime Achievement Award – Year 2016 ‘BBC Sports Personality of the Year ‘

Laureus World Sports Award for Comeback of the Year (2017)

Michael Phelps Net Worth

As of 2019, Michael Phelps Net Worth is $60 Million. Michael Phelps Net Worth is earned from his career as a swimmer.

Michael Phelps Net Worth has made him one of the highest-paid athletes in the world and one of the highest-paid Olympians of all time.

 

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