How much is Michael Phelps’s net worth today

Michael Phelps is an is an American former competitive swimmer. He is the most successful and most decorated Olympian of all time with a total of 28 medals.

He has done well for himself throughout his career and has an estimated net worth of US$100 million. His main source of money is the various endorsement deals he signed and his swimwear business.

Who is Michael Phelps?

Michael Fred Phelps was born June 30, 1985 to Deborah Sue Phelps and Michael Fred Phelps. His father is a retired Maryland State Trooper while his mother was a middle school principal.

Although he was born in Baltimore, Maryland, he was raised Rodgers Forge neighborhood of a nearby Towson. He schooled at Rodgers Forge Elementary, Dumbarton Middle School and then Towson High School.

Michael is an American with English, German, Irish, Scottish and Welsh descent. In 1994, his parents divorced when he was just nine years. The divorce took a toll on Phelps and his siblings as his father was away for a few years. He later graduated from Towson High School in 2003.

Phelps’ career in swimming dates back to when he was barely seven. He took on swimming partly because of the influence from his sisters and also as a means to help increase his energy. “The only reason I ever got in the water was my mom wanted me to just learn how to swim. My sisters and myself fell in love with the sport, and we decided to swim” Phelps said after his retirement in 2016.

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When Phelps was in the sixth grade, he was diagnosed with attention deficit hyperactivity disorder (ADHD). By the age of 10, he held a national record for his age group (in the 100-meter butterfly) and began to train at the North Baltimore Aquatic Club under coach Bob Bowman.

The legendary American swimmer won 28 medals across five Olympics, making him the most decorated athlete in the history of the Summer Games. All thanks to his large frame, broad shoulders and big feet, which act like fins in the water, made his body the perfect fit for swimming.

How many houses and cars does Michael Phelps have?

He has a mansion in Paradise Valley, Arizona. Phelps is known for his extravagant lifestyle and love for cars. He owns a fleet of cars including a Land Rover Range Rover, a Mercedes-Benz GLS-Class, and a Ford Mustang GT Fastback.

How much does Michael Phelps make annually?

Annually, Phelps makes a whole lot. He makes US$9.3 million annually from his swimming career, US$10 million annually from brand endorsements.

How many business does Michael Phelps own?

Michael Phelps owns his own swimwear known as the Phelps Brand.

What brands does Michael Phelps have?

He has brands with Subway, Visa, Speedo, PowerBar, Under Armour and telecom giants AT&T.

How many Investments does Michael Phelps have?

Phelps has made four investments and his latest was in November 2022 with PopupBagels.

How many Endorsement deals has Michael Phelps?

The legendary swimmer has had endorsement deals with Intel, Under Armour, Visa, Omega, Speedo, Wheaties, Speedo, Subway, Beats by Dre, Radio Shar, Call of Duty, and others throughout his career.

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How many charities has Michael Phelps donated to?

Phelps has donated to many charitable causes. This includes donations to Make-A-Wish Foundation, Muhammad Ali Parkinson Center, and Boys & Girls Clubs of America.

How many Philanthropy works has Michael Phelps supported?

Michael Phelps has supported a number of philanthropy works and that includes BID 2 BEAT AIDS. Boys & Girls Clubs of America and Make-A-Wish Foundation.

Source: Ghgossip.com

Categories: Biography
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