Michael Phelps net worth

Michael Phelps net worth

Net Worth: $45 Million

About Michael Phelps

Michael Phelps net worth

It has been announced that one of the most successful Olympians Michael Phelps net worth has an amount of 45 million dollars. Michael Phelps is mostly known as a swimmer from the United States. Also, he is regarded to be one of the most rewarded Olympians. Michael Phelps holds the record of having the most medals, with total of 22 medals. He is also the one who holds the record of having the most Olympian gold medals, with having 18 of them. In Beijing Games in 2008, Michael Phelps won 8 gold medals, which made him even more known in the world and also added a lot of financial success to the overall amount of Michael Phelps net worth. Thus, he also became the record setter for the most finishes at first place in any single Olympic Games.

Talking about Summer Olympic Games which took place in 2012, Michael Phelps was the winner of four gold medals and two silver ones. These winnings made Michael Phelps to be the most successful athlete of the Olympic Games for the third Olympic Games in a row. In addition to his many records, Michael Phelps is also a record holder of various swimming categories, such as 100-metter butterfly, 200-metter butterfly and 400-metter individual medley.

After his winnings of the Summer Olympic Games in 2008, Michael Phelps established Michael Phelps foundation. The organization’s aim is to promote the sport of swimming as well as to promote a healthy lifestyle. The foundation now became one of the most important involvements of his since his retirement as a professional swimmer. Nevertheless, swimming brought a lot of fame and financial success to the overall amount of Michael Phelps net worth.

When he was seven years old, Michael Phelps began swimming for two main reasons. First of all, he was influenced by his sisters, and secondly, because he needed some activity to get all of his energy out. When he was studying in school, Michael Phelps was diagnosed with Attention-deficit hyperactivity disorder. Thus, swimming was seen as a way for him to deal with his extreme energy.

Today, it seems as a perfect solution for his diagnosis when taking a look at the overall amount of Michael Phelps net worth. When he was 10 years old, Michael Phelps set his first record with being the best swimmer in his age group. It was the time when he was noticed by his coach Bob Bowman, who started to coach a young swimmer.

Now you have an idea why Michael Phelps net worth is this huge


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