Michael Phelps Net Worth 2022: Interesting Information About Him

Olympic swimmer Michael Phelps net worth is $120 Million USD. Michael Phelps can be considered one of the best and fastest swimmers in the world. Michael Phelps is from the USA and has represented the USA in the Olympic Games. In this article, we will have a look at Michael Phelps net worth and his income in detail. But before that, let us have some brief information about him.

Brief Information about Michael Phelps

NameMichael Phelps
Real NameMichael Fred Phelps II
Nick NameThe Baltimore Bullet
Flying Fish
Date of Birth30 June 1985
Age37 Years
FatherMichael Fred Phelps
MotherDeborah Sue Phelps
OccupationSwimmer, Athlete
NationalityUSA
Years Active2000 – 2016
Net Worth$120 Million USD

Michael Fred Phelps II, popularly known as Michael Phelps is a former American professional swimmer and Olympian who has represented America in the Olympic Games. He is known to be the best swimmer of all time. Michael Phelps has won numerous Gold, Silver, and Bronze Medals in Olympic Games.

Michael Phelps was born on 30 June 1985 in Baltimore, Maryland, US. His father’s name is Michael Fred Phelps and his mother’s name is Deborah Phelps. Michael Phelps is the youngest son in the family. He has two sisters, they are Whitney Phelps and Hilary Phelps.

Michael Phelps got married to Nicole Johnson, a former American model who won the Miss California USA in 2010. Michael Phelps was in a relationship with Nicole Johnson before marrying her on 13 June 2016. They have three sons.

Michael Phelps net worth is approximately $120 Million USD and he is surely the richest swimmer in the world at the moment. Michael Phelps is the only Olympic Athlete who was won the most number of Gold Medals in this world. Michael Phelps net worth kept on increasing every year because of his success which brought him a huge amount of wealth.

Let us have a look at Michael Phelps net worth and his income details. We will also have a look at how Michael Phelps net worth grew over the years as an Olympic Champion.

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Michael Phelps Net Worth and Income Details

Michael Phelps net worth

As we already know, Michael Phelps net worth is around $120 Million USD. Let us have a look at how his net worth increased over the years.

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Michael Phelps Net Worth Growth

YearNet Worth in USD
2021$110 Million USD
2020$100 Million USD
2019$95 Million USD
2018$89 Million USD
2017$80 Million USD

Michael Phelps net worth saw major growth in the last 5 years. Michael Phelps net worth in the year 2017 was $80 Million USD. But, by the end of 2021, Michael Phelps net worth was around $110 Million USD. Michael Phelps net worth increased up to $30 Million USD in the last 5 years.

It can be estimated that Michael Phelps net worth will be more than $120 Million USD by the end of 2022.

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Michael Phelps Income Details

Michael Phelps’s income has greatly influenced his net worth over the years. Michael Phelps earns around $6 Million USD – $10 Million USD annually every year. The main source of Michael Phelps’s income comes from sponsorships. Michael Phelps has many well-known and famous brands like Louis Vuitton, Colgate, Under Armour, Visa, Omega, etc. as his sponsors. While another sponsor of his named Speedo gave him an extra $1 Million USD after the completion of the Beijing Games.

Michael Phelps as a famous sports person and celeb also earns from brand endorsements. Michael Phelps earns more than $6 Million USD every year from brand endorsement deals. This endorsement deals also makes him good wealth which in a way influences his overall net worth.

Now that we have a good idea about Michael Phelps net worth and how his wealth increased over the years, let us have some more information about him and his personal life.

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More Information about Michael Phelps

Here is some information about Olympic Champion swimmer Michael Phelps.

Michael Phelps Family

Michael Phelps family

Michael Phelps was born in a Christian family on 30 June 1985 in Baltimore, Maryland, US. He is 37 years as of now. His real name is Michael Fred Phelps II. Michael’s father’s name is Michael Fred Phelps and his mother’s name is Deborah Phelps.

Michael Phelps is the youngest child of the family with two elder sisters. The name of his sisters are Hilary Phelps and Whitney Phelps. Phelps’s father worked as a State Trooper for Maryland. He was also a Football player in the 1970s who played for Washington Commanders. Phelps’s mother Deborah Phelps was a middle school principal.

Michael Phelps got married on 13 June 2016 to Miss California Nicole Johnson. Michael Phelps and Nicole Johnson were in a relationship for a very long time. Michael Phelps and Nicole Johnson are parents to their three sons: Boomer Robert Phelps, Beckett Richard Phelps, and Maverick Nicolas Phelps.

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Michael Phelps Social Media

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Michael Phelps Career

Michael Phelps career

Michael Phelps started swimming when he was 7 years old. He started swimming when his sisters influenced him to join them in the swimming classes. Slowly he started liking the sport. Michael Phelps set his first national record when he was 10 years old in 1995. After that, he started training under swimming coach Bob Bowman in the North Baltimore Aquatic Club.

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Michael Phelps started his career in the 2000 Summer Olympic Games when he was just 15 years old. He didn’t win any medal but finished in 5th place in the 200 meters butterfly.

Michael Phelps won his first gold medal at the 2001 World Aquatics Championships at the age of 15 years. Michael Phelps became the youngest male swimmer to set a world record.

Here is brief information about all the medals Michael Phelps has won over the years:

YearMeetMedalCompetition
2000Olympic Games5th Place200 Meters Butterfly
2001World Aquatic ChampionshipGold200 Meters Butterfly
2002Pan-Pacific Championship3 x Gold
2 x Silver
200 Meters Medley
400 Meters Medley
4 x 100 Meters Medley
200 Meters Butterfly
4 x 200 Meters Freestyle
2003World Aquatic Championship4 x Gold
2 x Silver
200 Meters Butterfly
200 Meters Medley
400 Meters Medley
4 x 100 Meters Medley
100 Meters Butterfly
4 x 200 Meters Freestyle
2004Olympic Games6 x Gold
2 x Bronze
100 Meters Butterfly
200 Meters Butterfly
200 Meters Medley
400 Meters Medley
4 x 200 Meters Freestyle
4 x 100 Meters Medley
200 Meters Freestyle
4 x 100 Meters Freestyle
2005World Aquatic Championship5 x Gold
1 x Silver
7th Place
18th Place

200 Meters Freestyle
200 Meters Medley
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
4 x 100 Meters Medley
100 Meters Butterfly
100 Meters Freestyle
400 Meters Freestyle
2006Pan-Pacific Championship5 x Gold
1 x Silver
200 Meters Butterfly
200 Meters Medley
400 Meters Medley
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
200 Meters Backstroke
2007World Aquatic Championship7 x Gold200 Meters Freestyle
100 Meters Butterfly
200 Meters Butterfly
200 Meters Medley
400 Meters Medley
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
2008Olympic Games8 x Gold200 Meters Freestyle
100 Meters Butterfly
200 Meters Butterfly
200 Meters Medley
400 Meters Medley
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
4 x 100 Meters Medley
2009World Aquatic Championship5 x Gold
1 x Silver
100 Meters Butterfly
200 Meters Butterfly
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
4 x 100 Meters Medley
200 Meters Freestyle
2010Pan-Pacific Championship5 x Gold100 Meters Butterfly
200 Meters Butterfly
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
4 x 100 Meters Medley
2011World Aquatic Championship4 x Gold
2 x Silver
1 x Bronze
100 Meters Butterfly
200 Meters Butterfly
4 x 200 Meters Freestyle
4 x 100 Meters Medley
200 Meters Freestyle
200 Meters Medley
4 x 100 Meters Freestyle
2012Olympic Games4 x Gold
2 x Silver
4th Place
100 Meters Butterfly
200 Meters Medley
4 x 200 Meters Freestyle
4 x 100 Meters Medley
200 Meters Butterfly
4 x 100 Meters Freestyle
400 Meters Medley
2014Pan-Pacific Championship3 x Gold
2 x Silver
4th Place
100 Meters Butterfly
4 x 200 Meters Freestyle
4 x 100 Meters Medley
200 Meters Medley
4 x 100 Meters Freestyle
100 Meters Freestyle
2016Olympic Games5 x Gold
1 x Silver
200 Meters Butterfly
200 Meters Medley
4 x 100 Meters Freestyle
4 x 200 Meters Freestyle
4 x 100 Meters Medley
100 Meters Butterfly

In brief, Michael Phelps has played 5 Olympic Games where he won 23 x Gold Medals, 3 x Silver Medals, and 2 x Bronze Medals.

Michael Phelps has also played in the World Aquatic Championship 6 times where he won 26 x Gold Medals, 6 x Silver Medals, and 1 x Bronze Medals.

He has also played in Pan-Pacific Championship 4 times where he won 16 x Gold Medals and 5 x Silver Medals. In total, Michael Phelps has won 65 Gold Medals, 14 Silver Medals, and 3 Bronze Medals in his career.

Michael Phelps net worth increased because of his massive success as a champion swimmer. Michael Phelps net worth would have increased to a great extent if he was an active swimmer.

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Common FAQs about Michael Phelps

Michael Phelps has a net worth of more than $120 Million USD.
According to some sources, Michael Phelps was suffering from alcohol-related problems which were affecting his performance. So, he decided to end his career on a good note in Rio.
Yes. Michael Phelps lost races multiple times to various opponents.
Yes. Michael Phelps is known as the G.O.A.T. of swimming as he won 23 Olympic gold medals, the most by any athlete.
Michael Phelps and Usain Bolt are champions in two different games. Michael Phelps is known as the fastest man on water and Usain Bolt is known as the fastest man on the ground. But in the case of gold medals, Michael Phelps is far ahead of Usain Bolt.
Yes. Michael Phelps is the wealthiest swimmer in the world with a net worth of more than $100 Million USD.
Michael Phelps is one of the greatest athletes of all time. There are many great athletes but Michael Phelps is the best Olympian of all time with 23 Olympic gold medals.
Michael Phelps has tattooed Olympic rings on his right hip.
Yes. Michael Phelps attended the University of Michigan.
The main source of Michael Phelps' money is the sponsorships he got when he was an athlete. Michael Phelps earns from sponsorships from brands like Louis Vuitton, Colgate, Under Armour, Visa, Omega, Speedo, etc.
Michael Phelps currently holds 7 world records.
Michael Phelps was 31 years old in his last Olympics.
Michael Phelps's weight is 198.4 lbs. or 90 kgs.

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