Michael Phelps is an American retired swimmer who is considered one of the greatest swimmers in history. He has a net worth of $100 million, making him one of the highest-paid athletes of all time. Throughout his career, Phelps earned an impressive salary of $12,000,000 annually, which mainly came from endorsements, sponsorships, and appearance fees. He has collaborated with companies such as Omega Watches, Subway, Under Armour, and Speedo, among others.

Early Life and Education

Michael Phelps was born on June 30, 1985, in Baltimore, Maryland, to his parents, Debbie and Fred Phelps. He attended the Towson High School in Maryland, and later joined the University of Michigan, where he swam for the school’s athletic program. Phelps was diagnosed with Attention Deficit Hyperactivity Disorder (ADHD) when he was nine years old but found solace in the swimming pool. At the age of fifteen, he became the youngest male to participate in the Olympic Games and the youngest American to break a world swimming record.

Career

Michael Phelps made his Olympic debut in the 2000 Sydney Olympics, where he earned no medal. Since then, he has attended five more Olympic Games, winning a total of twenty-three gold medals, three silver medals, and two bronze medals. His iconic swimming style and incredible stride won him numerous world records, making him one of the most decorated Olympians of all time. Over the years, Phelps has competed in different swimming disciplines, including the butterfly, freestyle, and individual medley.