Michael Phelps Net Worth: Everything You Need To Know So Far!

Michael Fred Phelps II is a former competitive swimmer in the United States. With a total of 28 medals, he is the most successful and decorated Olympian of all time.

Phelps also holds all-time records for Olympic gold medals (23), Olympic gold medals in individual events (13), and Olympic medals in individual events. When Phelps won eight gold medals at the 2008 Beijing Olympics, he broke fellow American swimmer Mark Spitz’s 1972 record of seven first-place finishes in a single Olympic Games.

Michael Phelps’s Net Worth

Michael Phelps is a retired American Olympic swimmer and corporate endorser with a net worth of $100 million.

Michael Phelps Net Worth

Michael Phelps is the most decorated Olympic athlete in history, with a total of 28 Olympic medals (23 of them gold) Many people consider him to be the greatest swimmer of all time.

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Net Worth: $100 Million
Age: 37
Born: June 30, 1985
Gender: Male
Height: 1.93 m (6 ft 4 in)
Country of Origin: United States of America
Source of Wealth: Professional Swimmer
Last Updated: August 2, 2022

Early Life

Michael Phelps was born in Baltimore, Maryland on June 30, 1985. He went to Rodgers Forge Elementary, Dumbarton Middle, and Towson High.

He has two siblings, both of whom are older than him. Deborah, his mother, is a middle school principal, and Michael, his father, is a retired Maryland State Trooper.

Swimming first entered Phelps’ life when he was seven years old. This was primarily due to his sisters’ influence and to provide him with an outlet for his energy.

Career

Michael Phelps qualified for the United States Olympic team in the Summer Olympics of 2000 at the age of 15. Phelps was the youngest member of the team in 68 years.

In the World Aquatics Championship Trials in 2001, Phelps broke the world record for the 200-meter butterfly. That day, he made history by becoming the youngest male ever to set a world record in swimming.

Phelps won four gold medals, and two silver medals, and set five world records at the 2003 World Aquatics Championships.

Michael Phelps Net Worth

Favorite Quotes From Michael Phelps

“Nothing can be limited. “The more you dream, the further you get.” – Michael Phelps

“I believe that anything is possible if you put your mind to it and put in the work and time.” “I believe your mind truly controls everything.” – Michael Phelps

“If you want to be the best, you have to do things that other people aren’t willing to do.” – Michael Phelps

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3 Keys to Success From Michael Phelps

Now that you know everything there is to know about Michael Phelps’ net worth and how he achieved success, here are three success lessons we can all learn from him:

1. Prepare for Success

When it comes to preparation, Phelps is a beast. He trains on a daily basis and for extended periods of time. He also ate a 12,000-calorie diet every day to stay fueled for training.

Preparation is key. You have to prepare for success. It won’t just come to you.

2. You’re Never Too Young

Michael Phelps was the youngest person in 68 years to make the Olympic team; he was also the youngest male ever to break a world record.

You’re never too young to pursue your dreams, so don’t let age hold you back.

3. Announce Your Goals Publicly

Phelps has always been open and honest about his goals, no matter how lofty or optimistic they were.

He also accomplished his objectives.

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