Michael Phelps Net Worth (2025)
Swimmer
Net Worth
Wealth Tier: Deca-Millionaire
Net worth between $10 million and $100 million
Annual Income
$9 million per year (endorsements, appearances, speaking engagements)
Net Worth Timeline
2020: $60M, 2021: $70M, 2022: $75M, 2023: $80M
Michael Phelps's Biography
Michael Phelps is an American swimmer regarded as the most decorated Olympian of all time, boasting a record 28 Olympic medals, including 23 golds. Born in Baltimore, Maryland, on June 30, 1985, Phelps began swimming at age 7 and quickly rose to international fame. His breakthrough came at the 2004 Athens Olympics, where he claimed six gold medals. Known for his incredible physical abilities and relentless work ethic, Phelps dominated the pool at the 2008 Beijing Olympics with an unprecedented eight golds in a single Games. Off the pool, he is a mental health advocate, philanthropist, and entrepreneur, running MP Michael Phelps and the Michael Phelps Foundation. With an estimated net worth of $80 million, Phelps continues to inspire athletes globally with his legacy, resilience, and dedication to the sport and mental well-being.
Wealth in Perspective
Fun Fact
Michael Phelps has double-jointed ankles, which help him swim faster.
Full Name
Michael Fred Phelps II
Nickname
The Baltimore Bullet
Nationality
American
Birthday
June 30, 1985
Age
40
Zodiac Sign
Cancer
Height
6 ft 4 in cm
Weight
194 lbs kg
Marital Status
Married
Spouse
Nicole Johnson
Children
3
Education
Towson High School
Famous For
Winning the most Olympic gold medals in history (23 gold medals)
First Big Break
Winning six gold medals at the 2004 Athens Olympics
Social Media
Instagram: @m_phelps00, Twitter: @MichaelPhelps
Businesses Owned
MP Michael Phelps (swimwear), Michael Phelps Foundation
Awards
28 Olympic medals, Laureus World Sportsman of the Year, ESPY Awards, Sports Illustrated Sportsman of the Year
Category
Athletes
Controversies
Caught smoking marijuana in 2009; DUI arrests in 2004 and 2014
Hobbies
Golf, video games, fishing, fantasy football
Interests
Mental health advocacy, coaching, philanthropy, swimming
Quote
"You can't put a limit on anything. The more you dream, the farther you get."