How Much Is Michael Phelps Net Worth (Updated 2025).

Michael Phelps, often regarded as the greatest Olympian of all time, began his swimming career at the tender age of seven. Born in Baltimore, Maryland, Phelps was introduced to the sport by his sisters, who were already involved in swimming. His natural talent and passion for the sport quickly became evident, and by the age of ten, he was training with renowned coach Bob Bowman.

Phelps’ rise to fame began in earnest at the 2004 Summer Olympics in Athens, Greece. At just 19 years old, he made history by becoming the youngest male swimmer to make a U.S. Olympic team in 68 years. He went on to win eight medals, including six gold, and established himself as a force to be reckoned with in the swimming world.

Michael Phelps’ Current Net Worth (2025)

As of 2025, Michael Phelps’ net worth is estimated to be around $80 million. This figure takes into account his career earnings, endorsements, and business ventures.

Career

Michael Phelps, born in 1985, is a retired American swimmer. He is widely regarded as the greatest Olympian of all time, with a record 28 Olympic medals. Phelps began swimming at the age of seven and turned professional at 15. He retired from competitive swimming in 2016.

Other Ventures

After retiring from swimming, Phelps has ventured into various businesses. He is a co-owner of the professional swimming league, International Swimming League. He also has his own line of swimwear, MP Xtreme. Phelps has invested in several startups, including Uber and the athletic training app, Strava.

Assets

Phelps owns several properties, including a $1.65 million home in Arizona and a $2.5 million estate in Baltimore, Maryland. He also owns a fleet of luxury cars, including a Range Rover and a Ferrari 458 Italia. Phelps has a significant collection of sports memorabilia, including his Olympic medals and racing suits.

Annual Income

Phelps’ annual income is estimated to be around $10 million. This includes his earnings from endorsements with brands like Under Armour, Visa, and Speedo. He also earns from his business ventures and public appearances. His annual income has significantly decreased since his retirement from swimming in 2016.

Frequently Asked Questions about  How Much Is Michael Phelps

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Frequently Asked Questions

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1. What is Michael Phelps’ net worth?

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Michael Phelps’ net worth is estimated to be around $80 million.

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2. How did Michael Phelps make his money?

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Michael Phelps made his fortune through his successful swimming career, endorsements, and various business ventures.

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3. What are some of Michael Phelps’ biggest endorsement deals?

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Some of Michael Phelps’ biggest endorsement deals include Omega, Under Armour, and Speedo.

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4. How many Olympic medals has Michael Phelps won?

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Michael Phelps has won a total of 28 Olympic medals, making him the most decorated Olympian of all time.

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5. What is Michael Phelps’ swimming career earnings?

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Michael Phelps’ career earnings from swimming competitions are estimated to be around $5.6 million.

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6. How much does Michael Phelps make from endorsements?

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Michael Phelps’ earnings from endorsements are estimated to be around $12 million per year.

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7. What businesses does Michael Phelps own?

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Michael Phelps is the co-owner of the swimwear brand MP Xtreme and has his own line of clothing with Bob Marley’s estate.

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8. How much money does Michael Phelps make from his autobiography?

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The exact earnings from Michael Phelps’ autobiography “No Limits: The Will to Succeed” are not publicly disclosed.

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9. What is Michael Phelps’ foundation and what does it do?

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The Michael Phelps Foundation focuses on promoting healthy, active lives, especially for children.

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10. How much money does Michael Phelps make from his speaking engagements?

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Michael Phelps’ speaking fee is estimated to be around $50,000 per engagement.