Michael Phelps

Michael Phelps is the world's richest swimmer, which should come as no surprise. His career was incredible! There are 28 Olympic medals, 23 of which are gold. There have been numerous world records set and scores of historic events. And a large sum of money.

Michael only made roughly $1.9 million from his swimming career, according to Essentially Sports. Michael received a $1 million incentive from Speedo in 2008 after winning eight gold medals, which he used to launch his foundation. A gold medal in the 2016 Olympic Games won American swimmers a total of $100,000.

Brand collaborations, bonuses, and endorsements provided the majority of his wealth. That remains the case today! Michael is said to earn just under $10 million a year from brand endorsements alone! That isn't his only source of money. He also has his swimsuit line, participates in sponsored social media posts, and has published two books. Expect to pay about $100,000 or more to have Michael speak at your next event!

Net Worth: $55 Million

Citizenship: American