Michael Phelps Net Worth
How Much Does Michael Phelps Make?
Michael Phelps is an American swimmer who has, overall, won 16 Olympic medals—six gold and two bronze at Athens in 2004, and eight gold at Beijing in 2008. In doing so he has twice equaled the record eight medals of any type at a single Olympics achieved by Soviet gymnast Alexander Dityatin at the 1980 Moscow Summer Games.
His Estimated Net Worth is US $ 40 – 50 Million.
His net worth is estimated to be somewhere between $40 and $50 million. Phelps began swimming at the tender age of 7 and adults quickly recognized his special talent. He tried out for – and made – the U.S. Summer Olympic Team in 2000 when he was only 15 years old. Michael Phelps broke the record set by Mark Spitz for most Gold Medals won in a single Olympics competition when he won a remarkable 8 Gold Medals (Spitz had won seven), establishing a World Record that many think will never be broken.
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