Michael Phelps Net Worth

by Sameer Arshad | Posted on Saturday, January 18th, 2014 | 0

michael phelps net worthMichael Phelps Net Worth – $50 million
Yearly Income – $10 m
Endorsement Earnings – $10 million a year
Major Brands: Louis Vuitton, Under Armour, Visa, Omega, Hilton and Procter & Gamble, Under Armour, Subway and HP
Sport: Swimmer
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THe leading gold medal winner in olympics history with 18 golds, Michael Phelps has retired from the sport after London Olympic 2012 games but that does no mean his money train stopped as well, infect he went into one of the most marketable retired athlete in the world. Now he has a huge list of endorsement deals under his belt which racks him around $10 million a year in just endorsment deals and even though he is not swimming anymore. Lets take a look what companies he endorsese and is it a good idea to stay retired ?

Michael Phelps Endorsement Deals:
Yearly Income: $10 to $12 Millions

The list of endorsements is huge, most of them are american based companies and since he is retired now and dont have to follow olympic committe rules of “not endorsing brands which are not sponsors of olympics” his off the pool income has soared and rightly so. He is the “greatest olympian ever” which makes him the most marketable athlete.

  1. Louis Vuitton
  2. Under Armour
  3. Visa
  4. Omega
  5. Hilton
  6. Procter & Gamble
  7. Under Armour
  8. Subway
  9. HP

There are many other sponsorship deals 15 in total, which racks him around 12 to 15 million usd a year which is way below what the likes of Federer, Woods and many NFL/NBA players make and we are talking about here the greatest athlete in history of olympics. Guy won 18 gold medals 2 bronz and 2 silver, he should be doing better as far as endorsement money is concerned. Now lets take a look where do he spend his money plus his cars collections.

Michael Phelps Cars Collections

Phelps is quite fond of luxury cars and he has a few in his collection, following are the cars which he owns at the moment.

Phelp’s Cadillac Escalade

Phelp’s Mercedes-Benz SL63

BMW 760 Li

Range Rover

About the Author

Formula one fan, blogger, designer and entrepreneur. Knows thing or two about a thing a two of sports, tweak codes, make cool infographs.

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