Michael Phelps Net Worth
Michael Phelps Total assets: $55 million (since August 2016). Year of birth: 1985. Education and learning: University of Michigan. Just how Michael Phelps' total assets was constructed. Michael Phelps' total assets is approximated to be about $55 million, making him among the wealthiest professional athletes at the 2016 Summer Olympics in Rio de Janeiro. Gold medals as well as financially rewarding recommendations aided construct his riches. He liquidated the Rio Games with a life time overall of 28 medals-- 23 gold, 3 silver and also 2 bronze. The United States Olympic Committee honors champions $25,000 for gold medals, $15,000 for silver and also $10,000 for bronze. Recommendation offers with firms consisting of Under Armour as well as Visa make up the bulk of Phelps' earnings. His swimming competitors have actually generated regarding $1.9 million, inning accordance with website Money Nation. Recommendation offers have actually generated an approxima