What is the net worth of Michael Phelps, the most successful Olympian ever?


Michael Fred Phelps II is an American competitive swimmer. He was born on June 30, 1985. With a total of 28 medals, he is the most successful Olympian of all time and with the most awards.

Phelps also holds the all-time records for most Olympic gold medals (23), most Olympic gold medals in individual events (13), and most Olympic medals in individual events (16).

When Phelps won eight gold medals at the 2008 Beijing Olympics, he beat Mark Spitz’s record of seven first-place finishes in a single Olympics, which Spitz had set in 1972.

Phelps won six gold medals and two bronze medals at the 2004 Summer Olympics in Athens, tying the record for most medals won in a single Olympics.

Phelps won four gold medals and two silver medals at the 2012 London Summer Olympics. At the 2016 Rio de Janeiro Summer Olympics, he won five gold medals and one silver medal. For the fourth consecutive Olympics, this made him the most successful athlete.

Keep reading to know more about Michael Phelps net worth, his early life, his personal life, and more.

Michael Phelps Early Life

Phelps was born in Baltimore, Maryland, and grew up in the nearby town of Towson in the Rogers Forge neighborhood. He attended elementary school in Rogers Forge, middle school in Dumbarton, and high school in Towson.

Phelps is the third and last child. His mother is a high school principal. Her name is Deborah Sue “Debbie” Phelps, but she used to be Davison. Michael Fred Phelps, his father, is a retired state trooper from Maryland who played football in high school and college.

In the 1970s, he tried out for the team now called the Washington Commanders. Phelps has roots in England, Germany, Ireland, Scotland and Wales. When he was nine years old, his parents divorced. His father remarried in 2000.

Phelps later said the divorce had a big effect on him, his siblings and his relationship with his father. For several years after the divorce, Phelps was not close to his father. He went to Towson High School and received his degree in 2003.

Phelps started swimming when he was seven, partly because his sisters pushed him to do it and partly because it gave him a way to use up his energy.

After retiring in 2016, he said: “The only reason I got in the water was because my mum just wanted me to learn to swim. My sisters and I fell in love with the sport and decided to swim.”

Phelps was diagnosed with attention deficit hyperactivity disorder (ADHD) when he was in sixth grade. At 10, he held the national record in the 100m butterfly for his age group.

He then began training at the North Baltimore Aquatic Club with coach Bob Bowman. More age group records followed, and as of August 21, 2018, Phelps still held 11 age group records, eight in the long and three in the short.

What is Michael Phelps net worth in 2022?

Phelps founded the Michael Phelps Foundation after the 2008 Summer Olympics. The foundation’s goals are to grow the sport of swimming and encourage people to live healthier lives. Phelps retired from swimming after the 2012 Olympics, but returned in April 2014.

Michael Phelps Net Worth in 2022
Michael Phelps Net Worth in 2022

At the 2016 Summer Olympics in Rio de Janeiro, his fifth Olympics, his team selected him to carry the American flag in the Parade of Nations. Celebrity Net Worth and other reputable sites say so Michael Phelps will be worth $100 million in 2022.

Personal life of Michael Phelps

Bob Bauman said that before a race, Phelps was a “lonely guy” with a “hard focus” in the pool, but after the race, he was “a guy incredibly invested in the success of the people he cares about.”

He says Phelps is “incredibly kind-hearted” when talking about how he talks to young children after training. Phelps is married to Nicole Johnson, who was Miss California USA.

They married secretly on June 13, 2016 and the news did not break until four months later. They met at the 2007 ESPY Awards, broke up in 2012, got back together and then got engaged in February 2015.

Together they have three sons. The family lives in Paradise Valley, Arizona, and Phelps helps Bowman coach the Arizona State Sun Devils swim team as an assistant coach.

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