![Michael Phelps Net Worth: Career & Lifestyle [December, 2023 ]: Genius Celebs ·](https://mamiverse.com/uploads/michael-phelps-net-worth-career-lifestyle-december_1200.jpg)
The legendary swimmer Michael Phelps, who holds an unreal 28 Olympic Medal Collection, has an outstanding net worth of $80 Million.
Phelps made his official Olympic debut when he was just 15 years old. Since then, he’s competed, won, and set a total of 39 world records, most of which remain unbroken to date!
Titled the Most Decorated Olympian, he holds 23 Olympic gold medals and 26 gold medals from World Championships (LC), 16 from Pan Pacific Championship, and 1 from World Championship (SC) in his arsenal.
Through his numerous international endeavors, he has been bestowed with the World Swimmer of the Year Award – eight times and the American Swimmer of the Year Award – eleven times.
Besides that, he’s been the face for several prestigious brands scattered around the world, an author, a TV personality, and a humanitarian too!
Quick Facts
Before we get to the specifics, here are a few well-known facts about the legendary footballer:
| Full Name | Michael Fred Phelps II |
| Net Worth | $80 Million |
| Birth Date | June 30, 1985 |
| Birth Place | Baltimore, Maryland |
| Nick Name | The Baltimore Bullet, Flying Fish |
| Religion | Christianity |
| Nationality | American |
| Ethnicity | English, Scottish, Irish, German and Welsh |
| Languages Spoken | English |
| Education | Rodger Forge Elementary Dumbarton Middle School Townson High School |
| Father’s Name | Michael Fred Phelps |
| Mother’s Name | Deborah Sue Phelps |
| Siblings | 3 |
| Offspring | 3 (Boomer Robert Phelps, Beckett Richard Phelps, Maverick Nicolas Phelps) |
| Age | 83 Years Old |
| Height | 6 Feet 4 Inches (1.93m) |
| Weight | 88 kg (194 lbs) |
| Body Measurements | Chest – 46 Waist – 3 Biceps – 16 |
| Eye Color | Black |
| Sexual Orientation | Straight |
| Marital Status | Married |
| Spouse’s Name | Nicole Johnson |
| Profession | Competitive Swimmer |
| Stroke | Butterfly, Individual Medley, Freestyle Backstroke |
| World Records | 39 (29 Individual, 10 Relays) |
| Top Speed | 6 miles per hour |
| Olympic Debut | 2000 (Age 15) |
| Club | North Baltimore Aquatic Club |
| Active Since | 2000 |
| Endorsements | Louis Vitton, Visa, Colgate, Omega Watches, Aqua Sphere, Master Spas, Krave, Speedo, Under Armour |
| Merch | Signed Sports Illustrated, Signed Photo, Framed Display |
| Social Media | Twitter, Instagram |
| Last Update | December, 2023 |
Michael Phelps: Net Worth and Income
The greatest swimmer of all time i.e., Micheal Phelps, has an accumulated net worth of $80 Million.
Though a portion of this sum comes through his titles and sporting events, most of his earnings are through numerous endorsement deals.
It’s been revealed that Michael Phelps earned an average of around $9.3 Million on an annual basis towards the end of his career. Out of which, he earned somewhere close to $2 Million through his swimming career.
Through his Olympic medal winnings, he has earned a total of $640,000. Out of which 23 gold medals carried $575,000, with each win getting him $25,000.
In 2008, for bagging a total of 8 gold medals, he received an additional $1 Million as a bonus from Speedo.
The rest of his earning is all through endorsement deals. Through his sponsorships and advertisement deals, he has earned close to $75 million over the years.
