Meet Michael Phelps, one of the richest athletes – He won 28 Olympic medals and has a net worth of Rs 800 crore

Michael Phelps’ legacy transcends swimming, symbolizing perseverance, dedication, and achievement at the highest level of sport. As the most decorated Olympian in history, Phelps continues to inspire athletes worldwide with his remarkable journey from the pool to entrepreneurial success.

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Know everything about Michael Phelps and his lifestyle

The Olympics stands as a pinnacle in the world of sports, where athletes dedicate their lives to achieve greatness on the global stage. One athlete has surpassed all others, achieving an astonishing 28 Olympic medals, making him the most successful Olympian in history. Discover the remarkable journey of Michael Phelps, whose legacy extends far beyond the pool.

Michael Phelps: A Record-Breaking Career

Michael Phelps, a former American swimmer, holds an unparalleled record in Olympic history, with a total of 28 medals across his illustrious career. His incredible tally includes 23 gold medals, 3 silver medals, and 2 bronze medals, cementing his status as a sporting legend. At 39 years old, Phelps remains unrivaled as the most decorated Olympian of all time.

Early Beginnings and Olympic Success

Phelps made his Olympic debut at just 15 years old during the 2000 Sydney Olympics, marking the beginning of his extraordinary journey. While he finished fifth in the 200-meter butterfly, Phelps quickly emerged as a dominant force in swimming over the subsequent four Olympic Games.

  • Athens 2004: Phelps captured the world’s attention by winning an impressive six gold medals and two bronze medals.
  • Beijing 2008: Continuing his dominance, Phelps set a historic record by clinching eight gold medals in a single Olympics, a feat unmatched in the history of the Games.
  • London 2012: Phelps added four gold medals and two silver medals to his collection, further solidifying his legacy.
  • Rio de Janeiro 2016: In his final Olympics, Phelps concluded his career with five gold medals and one silver medal.

Retirement and Return to Swimming

Following the 2012 Olympics, Phelps initially retired from competitive swimming, only to return in 2014 before retiring again after the 2016 Rio Games. His comebacks highlighted his enduring passion for the sport and his relentless pursuit of excellence.

Michael Phelps’ Net Worth and Endorsements

Phelps’ success in the pool has translated into substantial financial success. His net worth, estimated at approximately US$100 million (Rs 837 crore), reflects his status as one of the wealthiest athletes globally.

  • Olympic Earnings: Phelps earned significant rewards from the US Olympic Committee for his medals, totaling over $640,000 (Rs 5 crore) based on standard prize amounts.
  • Endorsements: Even in retirement, Phelps continues to earn around $10 million (Rs 83 crore) annually from endorsements with major brands like Omega, Subway, Visa, and Under Armour. His equity stake in Talkspace, valued between $1 billion and $3 billion, further enhances his financial portfolio.

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This article was first uploaded on August two, twenty twenty-four, at three minutes past two in the night.
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