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Michael Phelps Net Worth, Biography, Wiki in 2017-2016

How rich is Michael Phelps?

Michael Phelps net worth:
$55 Million

Michael Phelps information

Michael Phelps information

Birth date: June 30, 1985
Birth place: Towson, Baltimore, Maryland, United States
Height:6 ft 3 in (1.93 m)
Weight:194 lbs (88 kg)
Profession:Swimmer, Athlete
Education:University of Michigan (2004–2006), Towson High School (2003)
Children:Boomer Robert Phelps
Parents:Deborah Phelps, Michael Fred Phelps
Siblings:Whitney Phelps, Hilary Phelps

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Michael Phelps Net Worth, Biography, Wiki 2017-2016

Michael Fred Phelps II, simply known as Michael Phelps, is a famous American athlete/swimmer. Michael Phelps gathered most public attention in 2008, when he represented the United States in the Beijing Olympic Games. Phelps succeeded in winning eight Gold medals during the event, which made him one of the most successful athletes of all time. He also broke the record for “most first-place finishes during a single Olympic Games event”. Phelps repeated his success in 2012, when he participated in the Summer Olympics in London, and won numerous medals, including four Gold medals and two Silver ones. So far, Phelps has gathered 22 medals in total, 18 of which are Gold, two Silver and two Bronze. Needless to say that his achievements have put him at the top of the list of most accomplished individuals. Aside from winning medals, Michael Phelps holds numerous world records, including those for 100-meter butterfly and 400-meter individual medley events. Even though Phelps had stated that he would retire from swimming after the 2012 Olympic Games, he made his return to the sport in 2014, and immediately upon his return won a 100-meter butterfly event in North Carolina.

Michael Phelps Net Worth $55 Million

A well-known swimmer, how rich is Michael Phelps? According to sources, in 2012 he gathered $450,000 from coveting 18 Gold medals, earned $30,000 for his 2 Silver medals, and added a sum of $20,000 for 2 Bronze medals. In 2013, Phelps earned as much as $12 million from various endorsements from such companies as “Hilton”, “Louis Vutton”, “Visa” and others. In regards to his overall wealth, Michael Phelps’ net worth is estimated to be $55 million, most of which he has accumulated due to his career as a swimmer.

Michael Phelps was born in 1985, in Maryland, United States, where he studied at Towson High School. When he was seven years old, Phelps took up swimming classes, which helped him deal with ADHD (attention-deficit hyperactivity disorder), with which he was diagnosed as a child. As a result of his skillful performances, Phelps joined the North Baltimore Aquatic Club, where he was trained by the swimming coach Bob Bowman. In 2001, Phelps participated in the World Aquatics Championship, during which he became the youngest world record holder in breaking Ian Thorpe’s record for the 200-meter butterfly. A year later in 2002, Phelps joined the Pan Pacific Swimming Championship, where he once again broke the previous record, and managed to win three Gold , and two Silver medals. Phelps’ impressive performances resulted in his participation in the 2003 World Aquatics Championship, where he excelled as a talented swimmer by securing himself four Gold and three Silver medals.

Phelps attracted the attention of the international public during the 2004 Summer Olympics. That year, Phelps brought home six Gold and two Bronze medals. For his contributions to swimming, Phelps has been awarded with USOC Sportsman of the Year Award, Marca Leyenda, and FINA Swimmer of the Year award among many others.

A famous swimmer, Michael Phelps has an estimated net worth of $55 million.

More about Michael Phelps:

  • Filmography
  • Awards
  • Salaries
  • Facts
  • Quotes
  • Trademarks
  • Pictures

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Nominated awards

Nominated awards

YearAwardCeremonyNominationMovieAward shared with
2013 Blimp Award Kids' Choice Awards, USA Favorite Male Athlete
2013 Teen Choice Award Teen Choice Awards Choice Male Athlete

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1 Estimated net worth is $75 million.
2 Signed endorsement deals with Under Armour, Visa Wheaties, among others.
3 Good friends with fellow U.S. swimmer Ryan Lochte.
4 Won five gold medals and one silver medal at the 2016 Olympic games in Rio de Janeiro.
5 Won the Silver Medal 100 Butter Fly race in a three way tie at the Rio de Janeiro Olympics 2016.
6 Was photographed by a friend smoking marijuana at a party (February 2009).
7 Announced on Instagram and Twitter that his fiancée Nicole Johnson, Miss California USA of 2010, is expecting their first child, a boy. [November 18, 2015].
8 Kris Humphries was second in the nation to Phelps in four age 10 and under boys swim events.
9 He is of English, as well as Irish, German, Scottish, and Welsh, ancestry.
10 Appeared in an infomercial hosted by Tracy Gallagher and Duane Sider for the "Rosetta Stone" language learning software. [2008]
11 Resting up a sore back at home and getting ready to start training at University of Michigan. [October 2004]
12 Baltimore, Maryland [November 2008]
13 Four-time Olympian (2012, 2008, 2004, 2000).
14 22 Olympic Games medals (18 Gold, 2 Silver, 2 Bronze).
15 33 World Champs LCM medals (26 Gold, 6 Silver, 1 Bronze).
16 Phelps came in second to Ryan Lochte in the 400-meter individual medley qualifying race. Both men claimed the first two spots on the 2012 Olympic swim team to be held in London, England. With this qualifying, Phelps holds the record for men for going to four Olympics in swimming representing the United States.
17 Has double-jointed knees and elbows, which plays a role in his famous dolphin-like kick in the water.
18 Swims about five hours a day and eats up to 10,000 calories a day.
19 He has the prototypical swimmer body, he has an extremely long torso; that of a 6 foot 8 person. Whereas his legs are shorter, only that of a 6 foot person. This helps him keep his head above water in his signature event, the 100M butterfly.
20 Made history at the Beijing Olympic Games when he became the first athlete in history to win 8 gold medals at a single Olympic game. He also broke the record for the most Olympic medals won, bring his total from his 3 Olympic appearances to 16.
21 Grew up in the Rodgers Forge section of Towson, Maryland, just outside of Baltimore.
22 Has won 17 titles at World Championships between 2001 and 2007.
23 World Swimmer of the Year in 2003, 2004 and 2006.
24 Graduated from Towson High School (2003).
25 His feet have been referred to as "fins" by the media, because he wears a size 14 shoe. His wing span measures in at 6 foot 7 inches.
26 Winner of the "Sports - Choice Athlete (male)" category at the 2005 Teen Choice Awards.
27 "Phelps Flys", winning 8 medals at the 2004 Olympics, was ranked #17 in TV Guide's list of the "25 Most Awesome Sports Moments (of the last 15 years)". [17 July 2005 issue]
28 Attending the University of Michigan (2004)
29 Became the youngest male swimmer ever to set a world record at the age of 15 years and nine months, breaking the record in the 200m butterfly.
30 His sister, Whitney Phelps, was a member of the 1995 World Championship team.
31 First person under one minute and 55 seconds in 200m fly with world record swim.
32 HAD a street named after him in his hometown Towson, Maryland.
33 He was the youngest male Olympian since 1932 (he was only 15 when he made it in the 2000 Olympics).
34 Sponsors: Speedo, Omega, AT&T, Powerbar, Visa, Argent Mortgage
35 He won 6 gold and 2 bronze medals at the 2004 Olympics in Athens, Greece.
36 Parents: Fred and Debbie Phelps (divorced).
37 Siblings: 2 sisters, Whitney Phelps (born in 1978) and Hilary Phelps (born in 1980).

1 [on investing in Tech entrepreneurship] I would love to get involved, whether it's in a couple little startups here and there, take a little risk, have some fun and see where it goes.
2 [His definite decision to retire after the 2016 Olympics] This is over. This is it.
3 [Tuesday, August 12, 2008 & 3rd gold medal] I wanted to jump on the first 100 just to see what happened. The guys in the middle of the pool really wouldn't be able to see me. By the time they did, hopefully I had enough ground where I could hold them off.
4 [Monday, August 11th, 2008, gold medal # 2: quote to Bob Bowman] This morning, (Coach) Bob (Bowman) had said the French was saying some stuff, talking a little bit of trash. It fired me up more than anyone else.
5 [after winning 1st of 8 gold medals, Sunday August 10th, 2008] I wasn't comfortable after the first 200. I think it made my breaststroke stronger ... coming home in the freestyle it's all adrenaline.
6 [Sunday, August 16th, 2008 after winning 8th gold medal in 8th event, the 4 by 200 surpassing Mark Spitz's, seven gold medals in 1972] It's been such an unbelievable roller coaster. It's been such an unbelievable ride. With so many people saying it couldn't be done, all it took was a little imagination. I don't know what to feel right now. It's so emotional. All I want to do is see my mom.
7 [After tying Mark Spitz's record of 7 gold medals in Munich, 1972, on Saturday, August 16th, 2008] When I did chop the last stroke, I thought that had cost me the race.But it was actually the opposite. If I had glided, I would have been way too long. I took short, faster strokes to try to get my hand on the wall. I ended up making the right decision.
8 [Friday, August 14th, 2008, 6th gold medal after 200 meter individual medley] I had no time. The (gold) medal was in my warm-up jacket.
9 [Wednesday, August 13th, 2008, after relay win of 4 by 200 meter, shortly after 200 meter butterfly (solo) & 5th gold medal] We wanted to break seven minutes. That was our goal going into today. ... It definitely feels good to be the first group, first country to ever dip the seven-minute barrier.
10 [Wednesday, August 13th, 2008, 4th gold medal after 200 meter butterfly win] I couldn't see anything for the last 100, my goggles were pretty much filling up with water. To be honest, I was having trouble seeing the walls.
11 [on competing in the London Olympics, 2012] It's hard to compare myself now to 2008. My goals are different. This is the closure. It's really, how many toppings do I want on my sundae?
12 If I go to the beach, I don't go in the ocean. I spend enough time in the water.
13 I listen to Eminem on my headphones. I don't know the name of it but I think that just listening to that fires me up. It's working so far I just hope it keeps up.
14 I have my family and friends, so really I'm just another high school kid.
15 Winning the gold in Greece was a dream come true but going on this tour with Ian and Lenny and meeting the young swimming stars of tomorrow has been simply incredible.

1 Eight For Eight in 2008!
2 The Condor Flap: to loosen up for a swimming competition, he bends over and flaps his long arms up and down like a large bird.
3 His black Cadillac Escalade
Source: Celebrity Images

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