The Estimated Michael Phelps Net Worth is $57 Million. The Net Worth of Michael Phelps has seen a hike of 23% over the past few years. Michael Phelps is an American former competitive swimmer. While calculating the Net Worth of Michael Phelps we have included the data updated as of this Quarter. Check out the Exclusive information on Michael Phelps Net Worth details such as Yearly Income, House, Car Collection, Investments etc. Also read Net Worth details of Roger Federer, Rafael Nadal, Conor McGregor, Brooks Koepka and Ryan Braun.
Michael Phelps Net Worth
|Estimated Net Worth||$57.3 Million|
|Annual Income||$11.5 Million|
|Personal Investments||$28.9 Million|
|Luxury Cars –05||$2.8 Million|
Michael Phelps Cars included in his Net Worth
The Car collection of Michael Phelps is quite Average. Michael Phelps owns few of the best luxury cars in the world. The Car brands owned by Michael Phelps include Range Rover, Mercedes Benz, Bentley and Jaguar.
Michael Phelps House included in his Net Worth
Michael Phelps Resides in Arizona. Michael Phelps bought this luxury home in 2015. Estimated Value of this Real Estate Property is around $2.5 Million.
Michael Phelps Biography
Michael Phelps was born in Baltimore, Maryland, and raised in the Rodgers Forge neighborhood of nearby Towson. Michael Phelps attended Rodgers Forge Elementary, Dumbarton Middle School, and Towson High School.
Michael Phelps is the youngest of three children. Michael Phelps mother, Deborah Sue “Debbie” Phelps (née Davisson), is a middle school principal.
Michael Phelps father, Michael Fred Phelps, is a retired Maryland State Trooper who played football in high school and college and tried out for the Washington Redskins in the 1970s.
Michael Phelps is of English, German, Irish, Scottish, and Welsh descent. His parents divorced in 1994, when he was nine years old, and his father remarried in 2000. Michael Phelpsgraduated from Towson High School in 2003.
Michael Phelps began swimming at the age of seven, partly because of the influence of his sisters and partly to provide him with an outlet for his energy. After retirement in 2016, he stated “The only reason I ever got in the water was my mom wanted me to just learn how to swim.
My sisters and myself fell in love with the sport, and we decided to swim.” When Phelps was in the sixth grade, he was diagnosed with attention deficit hyperactivity disorder (ADHD).
By the age of 10, Michael Phelps held a national record for his age group (in the 100-meter butterfly) and began to train at the North Baltimore Aquatic Club under coach Bob Bowman.
More age group records followed, and as of 2016, Michael Phelps still holds 12 age group records (nine in long course and three in short course).
Michael Phelps’ rapid improvement culminated in his qualifying for the 2000 Summer Olympics at the age of 15 and becoming the youngest male to make a U.S. Olympic swim team in 68 years. While he did not win a medal, he did make the finals and finished fifth in the 200-meter butterfly.
After the 2012 Olympics, Michael Phelps retired from swimming, stating: “I’m done. I’m finished. I’m retired. I’m done. No more,” and that “I just wanted to be done with swimming and didn’t want anything to do with the sport anymore.”
Bob Bowman described Phelps as “a solitary man” with a “rigid focus” at the pool prior to a race, but afterward “a man incredibly invested in the success of the people he cares about”. Michael Phelps states that “he’s unbelievably kind-hearted”, recounting Phelps’ interaction with young children after practices.
Michael Phelps is married to former Miss California USA Nicole Johnson. They secretly married on June 13, 2016, which was reported four months later.
They met in 2007 at the ESPYs, temporarily broke up in 2012, and got engaged in February 2015. Their son, Boomer Robert Phelps, was born on May 5, 2016.
Michael Phelps idolized Australian swimmer Ian Thorpe as a teenager, modelling his public image after him. Thorpe initially said it was highly unlikely for Phelps to win eight gold medals at the 2008 Summer Olympics in Beijing.
Michael Phelps used the remarks as motivation, taping them to his locker during the Games. Thorpe was in the stands for the 4×100-meter medley relay, where Phelps was swimming for his eighth Olympic title.
When Michael Phelps and his teammates captured the gold, Thorpe gave a congratulatory kiss to Phelps’s mother, then gave a handshake and a hug to congratulate Phelps. Thorpe afterwards said “I’m really proud of him not just because he won eight golds.
Rather, it’s how much he has grown up and matured into a great human being. Never in my life have I been so happy to have been proved wrong.”
In November 2004, at the age of 19, Michael Phelps was arrested for driving under the influence of alcohol in Salisbury, Maryland.
Michael Phelps pleaded guilty to driving while impaired, and was sentenced to serve 18 months’ probation, fined $250, ordered to speak to high school students about drinking and driving, and to attend a Mothers Against Drunk Driving (MADD) meeting.
Asked about the incident later by Matt Lauer on the Today Show, Michael Phelps said that he had “let a lot of people in the country down.
Data Analysis : Michael Phelps Net Worth
We can easily conclude that Michael Phelps is one of the highest net worth players in the world. Michael Phelps Net Worth has been on the top of the charts since many weeks.
Michael Phelps Net Worth will keep growing at a staggering pace in the coming months. This data provided by us on Michael Phelps Net Worth is just on estimated basis and statistical analysis.
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Michael Phelps Net Worth Growth Estimate
The Net Worth and Income of Michael Phelps is expected to continue to grow at a Strong pace. Over the next few years, Michael Phelps’s Net worth is likely to grow by around 34%.