Michael Phelps Net Worth: He is a former swimmer from the United States of America, Michael Fred Phelps II. With 28 medals, he is the most successful and most decorated Olympian of all time. All-time Olympic records are held by Phelps, who has won an unprecedented number of titles, including eighteen gold and twenty-two silver medals in individual competitions in the Summer and Winter Games.
Here, we’ll take a closer look at Michael Phelps Net Worth and other relevant information.
Michael Phelps Early Life
In Baltimore, Maryland, on June 30, 1985, Michael Fred Phelps II was born. Deborah, a middle school principal, and Michael Fred Phelps, a retired state policeman, have three children, the eldest of whom is him. When he was nine, his parents split, and his father remarried in 2000.
After the divorce, Phelps has said that the siblings’ relationship with their father has been tense. He graduated from Towson High School in 2003, which is located north of Baltimore. Continue to read to check Michael Phelps Net Worth.
Michael Phelps Career
Having started swimming at the age of seven, Michael was rapidly noticed by adults as a talented swimmer. In 2000, at the age of 15, he tested out for and was selected to the United States Olympic Team for swimming. Phelps didn’t win a medal at the 2000 Summer Olympics in Sydney, although he did place fifth in the 200-meter butterfly finals.
During the spring of 2001, Phelps set a world record in the 200-meter butterfly, becoming the youngest male swimmer in history to do so. He earned his first international medal at the 2001 World Championships, breaking his record. Phelps established five new world records in his first year out of high school.
Phelps studied sports management and marketing at the University of Michigan in Ann Arbor, following his longtime mentor Bob Bowman. At the same time, he was breaking world records at the Pan Pacific and World Championships every year.
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Phelps went on to win 17 medals in the following two Olympics, including eight golds in Beijing and six golds and two silvers in Athens. At the 2008 Beijing Olympics, Phelps set a new record for the most Gold Medals won in a single Olympics competition by winning a remarkable 8. As of 2009, he held the 100-meter butterfly world record with a pace of 5.5 mph.
He won four gold medals and two silver medals at the 2012 Summer Olympics in London, England. Despite teasing retirement after the London Olympics, Phelps continued to participate in the Mesa Grand Prix in 2014 as the rest of the world wondered whether or not he would swim at the 2016 Olympics.
For the 2016 Olympics in Rio, he came out of retirement completely and became the first American male swimmer to be selected to compete in five Olympic Games. That year, he won five gold medals and one silver.
Phelps declared his retirement on August 12, 2016, despite expectations that he will compete in the 2020 Olympic Games. He currently holds the record for most Olympic medals won by a single athlete. 39 world records have been set by him, the most in history.
Thanks to his Olympic achievements, Michael’s post-Olympic career has been one of the most financially rewarding in American history. Many companies support him, and he routinely appears in commercials and advertisements around the world.
Several well-known companies, including Under Armour, Visa, Speedo, Wheaties, and others, have sponsored him throughout the years and contributed to his growing wealth as a professional athlete. Continue to read to check Michael Phelps Net Worth.
Michael Phelps Personal Life
Phelps has been referred to as a lone wolf, a solitary soul, and a focused individual. Olympic athletes have known him to be an introvert who prefers to spend time alone rather than participate in group activities.
In his final Olympics, he walked in the Opening Ceremony for the first time. When it comes to connecting with the supporters and young children who look up to him as an inspiration, his former coach has described him as “unbelievably kind-hearted”.
On June 13th, 2016, Michael tied the knot with former Miss California USA Nicole Johnson. It was four months before the couple’s marriage was made public because of the secrecy of their nuptials.
It has been revealed that the Phelps family has three children: Boomer Robert Phelps, Beckett Richard Phelps, and Maverick Nicolas Phelps (b. 2019). They live in Arizona’s Paradise Valley. Phelps presently serves as an assistant coach with the Arizona State Sun Devils, alongside Bowman, his previous head coach at the university.
One time, Phelps contemplated suicide after competing in the 2012 Olympic Games because of depression and ADHD. He has spoken out about his mental health concerns and has advocated for others who need help in this area. The year 2017 saw him join Medibio, a company dedicated to the early detection of mental illness.
Giving Beast Mode a whole new meaning. I’ve been helping support my workout recovery with @Silk ULTRA, thanks to its 20g of complete plant-based protein per serving pic.twitter.com/ee0cLc5fOR
— Michael Phelps (@MichaelPhelps) August 5, 2021
Phelps used $1 million of his Speedo signing bonus after the 2008 Olympics to start the Michael Phelps Foundation. The mission of the foundation is to encourage people to lead healthier lives. Swim with the Stars is a non-profit organization he co-founded that hosts swimming camps for kids of all ages. Continue to read to check Michael Phelps Net Worth.
What is Michael Phelps Net Worth?
Michael Phelps is a retired American Olympic swimmer and corporate endorser. Michael Phelps Net Worth is $100 million dollars. In terms of total Olympic medals, Michael Phelps is the most decorated Olympian ever with a tally of 28. (23 of them gold) He is widely regarded as one of the finest swimmers in the history of the sport. I hope you read all about Michael Phelps Net Worth form this article, Thank you for reading.
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