Michael Phelps Net Worth 2020

Michael Phelps Net Worth, Earning and Salary 2020

Michael Phelps is one of the top most swimmers the world has ever seen. He sets record so that he himself can break them. He is one of the most famous sports personality of all time having a total tally of 28 medals to his name at the Olympics. He is an American swimmer acing high with his outstanding skills, determination and will power. Phelps is one of the most famous and strongest athlete in the history of the Olympics. Due to his numerous achievements the net worth of Michael Phelps is very high. This article will give us an idea about Michael Phelps net worth, earning and sources.

HOW MUCH IS MICHAEL PHELPS NET WORTH 2020 – 55 MILLION DOLLAR

michael-phelps-net-worth

Michael Phelps Childhood And Career

Michael Phelps was born on 30th June in Baltimore, Maryland. Right from his childhood days he had the passion for being a swimmer. Michael took his initial training from the North Baltimore Aquatic Club, where people started taking notice of his talent due to the master strokes he gave as a swimmer. His first break through came when he was just fifteen years old he got selected for the U.S. Men’s Swimming team for the Olympics. He is the youngest male swimmer to create history at the Olympics. This in return led to a hike in Michael Phelps salary. Phelps in his swimming career has broken his own record a number of times proving his expertise and skills as a swimmer. His successive wins continued at the Olympics where he ruled like a king winning a total of 28 medals – 23 gold, three silver, and two bronze. All these achievements led to an increase in Michael Phelps income. He studied sports marketing and management and guided a club named the Wolverine of which he was once a member. He is the first American male swimmer to get a position for himself on five Olympic teams. Michael is not only a great swimmer by himself but also is the backbone of his team helping them to win and reach the pinnacle of success. Already creating history as the youngest player Michael also became the oldest athlete to get a gold medal at the Olympics. With all these achievements with him Michael Phelps net worth is immensely high.

MICHAEL PHELPS NET WORTH SOURCES

The net worth of Michael Phelps is very high. Due to his brilliant performances and huge no of medals to his name his income is very high. The United States Olympic Committee gives $25,000 for gold medal holders, $15,000 for silver and $10,000 for bronze awardees. Phelps having 28 medals with him earns mostly through his career achievements. Along with these, he endorses brands like Under Armour and Visa. The swimming competitions he has taken part in fetches about $1.9 Million. These sums up to Michael Phelps net worth.

Michael Phelps Age, Car, House, Spouse, Height & Weight


Nickname Michael


Michael Phelps Spouse Nicole Johnson


Michael Phelps Sister/BrotherWhitney, Hillary


Date of Birth / Birth City30 June 1985 / Maryland (U.S.)


Michael Phelps Height Feet6’4”


Weight84 Kg (Appox)


Michael Phelps Age31


Michael Phelps Car– Mercedes-Benz


Michael Phelps House LocationArizona

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