Michael Phelps Net Worth 2023 Earnings Income Endorsements

Michael is a well noted athlete who won three consecutive swimming events at World Aquatics Championships. He remained motivated throughout his career and again won the Summer Olympic game. He also took part in and won various medals. Michael is assumed as the most decorated Olympian as has achieved 28 Olympic medals which includes multiple golds, silver and bronze medals. Yes, this 35 years old swimmer was achieved various accolades and honors in his career. It is supposed that his medals and titles contributed a lot to his income.

Michael Phelps Net Worth 2023:

Besides the winnings and bonuses, endorsements have a huge impact on Michael Phelps earnings. It’s true that Michael was also endorsed by many of top companies.

Year Net Worth( Approximate)
2021 $75 Million

While, major name who sponsored him in past are:

  • Under Armour Inc
  • Kellogg Co
  • Aqua Sphere
  • Wheaties
  • Louis Vuitton
  • Visa Inc
  • Speedo USA
  • PureSport
  • Subway
  • Hilton Hotels Corporation

While few of his other endorsements are Sol Republic headphones

  • Master Spas

Omega; He has also signed a contract with 800razors.

He is really passionate to do something for young swimmers. He has established a foundation by his name that encourages all the young boys and girls swimmers. In addition, he has also sold his swimming caps for his foundation in auctions.

Michael Phelps 2023 Earnings Stats:

  • After retirement, his income stats are not clear.

Career Income: About $60 Million.


Short Bio: This prominent swimmer was born in Baltimore. He was grown up in Towson by his parents. While, his father was served as a state trooper while his mother was a teacher. He is the youngest one among his siblings, having two older sisters.

At 7, Michael learns about swimming. At 15, he turns out a well-known swimmer by taking part in Summer Olympics that held in Sydney. Michael attracts the people attention by becoming a youngest male swimmer participant in almost 70 years; though he was not able to achieve the medal he ended up at the fifth position. He gave his wonderful performance by making a number of new records. This amazing guy was born to win, in every condition he never led him down. Because of this his come back was excellent, he attained everything in life.

Leave a Comment