How much is swimmer Michael Phelps worth

How much is swimmer Michael Phelps worth?

The American swimmer has earned a reported $23 million since turning professional in 2008. He made $15.5 million in endorsements in 2012 alone, and he continues to be one of the biggest draws in the sports world. He’s generated $60 million in endorsement deals with companies such as Speedo, Kellogg’s, Omega, Visa, and General Motors.

How much is Michael Phelps worth in dollars?

The estimated earning of Michael phelps is $23.9 million dollars. However, this figure does not include endorsement deals and commercial tie-ins since commercial deals are not disclosed by the United States Olympic Committee. Still, it is safe to say that the earnings of Michael Phelps will continue to increase as he continues to set records in the pool and break records in the business world.

How much is a Michael Phelps worth?

Michael Phelps is easily one of the most successful Olympians of all time, with 22 total Olympic medals, 12 of which are gold. While Phelps has earned more than $30 million in prize money for his swimming accomplishments, that number is actually quite modest in the grand scheme of things. If you want to put Phelps’s total winnings in perspective, there are plenty of other sports that are just as exciting and offer similar payout opportunities, but with a much lower payout per prize.

How much is Michael Phelps worth?

When you hear the name Michael Phelps, what comes to mind? Chances are you think of his amazing eight gold medals, which he’s won at the Olympics in the four most popular sports in the world: swimming, cycling, rowing, and running. While Phelps has earned a reported $40 million in prize money, he has earned a lot more than that through sponsorship deals.

How much is a Michael Phelps investment worth?

If you’re looking to make money off of Phelps’s swimming, you may want to invest in his endorsement deals. In addition to his endorsement deals with Under Armour, Speedo, and Omega, Phelps also has endorsement deals with brands like Visa and General Mills. Typically, endorsement deals pay somewhere between $1 million and $5 million a year, depending on the athlete’s brand and whether he or she is still competitive.