- Full Name:Michael Phelps
- Net Worth: $50 Million
- Occupation: athlete
- Marital Status: single
- Ethnicity: American
Michael Phelps Net Worth – Best American Olympic Swimmer With So Much Ahead Of Him
How Did Michael Phelps Net Worth Grow So Much?
Not as many swimmers are as wealthy as Michael Phelps, and especially not in such a young age (he will me 30 only next year). He has achieved so much professional success so far that it is hard to imagine that anyone will ever be better than him-and many experts think that he still hasn’t showed us more than half of his talent and abilities. What can be said of Michael Phelps? Well, let’s just start with simple math: 18 gold Olympic medals on 3 Olympic games: 2004, 2008 and 2012! This many medals put him on No1 of most successful Olympic contestants ever, leaving other successful athletes, such as Larissa Latinjina, Paavo Nurmi, Marh Spitz or Carl Lewis far behind (each of them won 9 gold Olympic medals).
Michael Phelps is also Olympian with highest number of individually won gold models-11 of them. Let’s also mention that on various world swimming competitions he won 26 gold, 6 silver and 1 bronze medal in period from 2001 to 2011.
All these successes make him the greatest swimmer even, the most successful Olympian and generally, one of the best sportsmen ever- and no wonder that Michael Phelps net worth is huge!
This success is the reason why so many brands wanted to get him for their endorsement deals, and when you wonder how much is Michael Phelps worth, besides knowing that answer is $55 million, you can also know that endorsement deals are majorly responsible for his wealth. Let’s mention just some of these endorsement deals: Louis Vuitton, Visa, Under Armour, Omega, Hilton and Procter & Gamble, HP. Endorsement deals bring him $10 million annually.
Michael Phelps Personal Life
Michael Phelps follows Spartan routine when it comes to his sport life, training and maintain in best shape. However, nevertheless, he is young man with desires and needs, and with all this money at his disposal, he sure knows how to indulge to his desires. Michael is a fan of luxury cars, and at moment he owes few of them. He loves to drive his Cadillac Escalade, Mercedes-Benz SL63, BMW 760 Li and Range Rover-all luxury car brands known for quality and big bucks you need to cash to get yourself one. Michael recently bought $1.7 million house in Baltimore Harbour front area, after he sold his condo in the nearby neighborhood that was in an apartment building. These days he is keeping low profile, as he is on probation after his 6-months DUI probation sentence. Well, anyone can make a mistake and taste some forbidden fruit, especially when you are young and successful and everything is at your disposal, wouldn’t you agree? Please feel free to share your opinion!
However, it seems that Michael is right back on track these days. Trial and sentencing for driving under the influence got him sober pretty quickly, so he is all about training and leading healthy life.
Even Michael Phelps girlfriend says that he isn’t in touch anymore, blaming it all on trail and her own confessions (in public) about her sexual status. This is another scandalous story. Well, it seems that Taylor Lianne Chandler was born as David Roy Fitch with part male and part female reproductive system, and went to have sex-change surgery in early 20s. However, Michael Phelps didn’t comment on this news, neither confirming nor denying relationship with this person, so it still remains a rumor. What do you think about this relationship, is it true or just a rumor??
How Does Michael Phelps Maintain His Stamina?
Michael Phelps workout is a rigorous one, and you wouldn;t expect anything less from the most successful Olympic winner. On the top of his training season, Michael swimms at least 80 kilometers a week, training twice every day for 6 days a week. Besides swimming he also does bodybuilding exercises such as pushups and pull-ups, but without weights-this keeps him strong and lean, without adding bluk mass, which he obviously doesn’t want (in order to swimm faster, you have to weight less).
Michael Phelps is amazing example of talent but also sheer dedication to achieving success, such as Macklemore in music and Robert de Niro in movie industry, don’t you agree?