Net Worth

Michael Phelps Net Worth Updated 2021

Michael Phelps Net Worth Updated 2021

  • Net Worth: $80 Million
  • Age: 35
  • Born: June 30, 1985
  • Country of Origin: United States of America
  • Source of Wealth: Professional Swimmer
  • Last Updated: 2021

Michael Fred Phelps II is an American Olympic gold-medalist swimmer. Born June 30, 1985, he has won 14 Olympic gold medals so far. At the age of 23, Michael Phelps became the most decorated Olympian of all time with a total of eight golds and two bronzes at the 2008 Summer Olympics in Beijing, China. For his accomplishments, “Sports Illustrated” named him their Sportsman of the Year for 2009.

The youngest of three children to father Fred Phelps Jr . (a Maryland State Trooper) and mother Deborah (Rouse) Phelps, Michael was born in Baltimore, Maryland on June 30, 1985. He started swimming at the age of 7 because his sisters were taking swimming lessons and it soon became his passion. Michael Phelps Net Worth is currently estimated to be over 60 million dollars.

Known as the most decorated Olympian of all time with 22 medals including 18 golds, 3 silvers, and a bronze at the 2004 Summer Olympics in Athens, Greece, Michael Phelps won an astonishing 8 gold medals at the 2008 Beijing Olympic Games to bring his tally to 14 golds making him one of the greatest Olympians ever. In April 2009 he also broke Spitz’s record for winning seven gold medals at a single world championship meet held in Shanghai. His success has been attributed to increased training after a DUI arrest that killed another swimmer, although some commentators have suggested that the early part of his career was marked by extreme focus and dedication to his sport.

Michael Phelps’s family background is one of both English and German ancestry, his paternal great-grandfather was named Fred Phelps. The elder Phelps served two years in the Navy before he eventually joined the Maryland State Police, where he met his wife Debbie. Michael has an older sister Whitney, who graduated from Virginia Tech with a degree in advertising, and one younger sister Hilary. Both sisters are Olympians; Whitney swam at the 2004 Olympic Games while Hilary swam at the 2008 Olympics for Canada after switching her allegiance from her birth nation the United States. There are several other athletes in their extended family (cousins of Michael).

Michael Phelps loves to play Golf and he has played in some amateur tournaments for charity.

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