Salary and Net Worth

Michael Phelps – Meet Mr. Olympics Himself!

Michael Fred Phelps II is an American swimmer. With 28 medals, he is the most decorated Olympian in the history of the games; he holds the record for most Olympic medals, the most individual Olympic gold medals, and the most individual Olympic medals.

Michael holds the long course world record for the 400-meter individual medley, 100-meter butterfly, and 200-meter butterfly swimming events. In major international long-course swimming competitions that include the Olympics, the Pan Pacific, and the World Championships, he has won 79 medals, with 64 gold, thirteen silver, and three bronze medals.

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Phelps has won many awards for his record breaking feats in the pool. He is a 9-time winner of ‘American Swimmer of the Year Award’ and 7-time winner of ‘World Swimmer of the Year Award.’ In 2012, he won the FINA Swimmer of the Year Award. Sports Illustrated magazine named him ‘Sportsman of the Year’ in 2008.

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Early Life

Michael was born on 30th June 1985 in Baltimore, Maryland to former college football player and Maryland state trooper Michael Fred Phelps and middle school principal Deborah Phelps. He has 2 siblings. His parents got a divorce in 1994.

Phelps grew up in a neighborhood of Towson in Maryland. He went to Rodgers Forge Elementary, then to Dumbarton Middle School, and then to Towson High School. He was diagnosed with ADHD when studying in the 6th grade.

Michael started swimming when he was 7 years old as catharsis for his excessive energy and also due to his sisters’ influence.  As a child, Phelps idolized swimming legend Ian Thorpe.

He was the national record holder for his age group by age 10. He then started training under the tutelage of coach Bob Bowman at the North Baltimore Aquatic Club.

Career

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Michael Phelps – Wife

Trivia

Michael Phelps – House

Michael Phelps – Net Worth

The net worth of Phelps is estimated to be $55 million. His endorsement deals are valued at $12.5 million.

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