Michael Phelps, the former American swimmer, boasts an unparalleled record in Olympic history, having secured a staggering 28 medals throughout his distinguished career. This impressive collection includes 23 gold, 3 silver, and 2 bronze medals, firmly establishing his status as a sporting legend. At 39, Phelps remains the most decorated Olympian of all time.
Early Olympic Journey
Phelps made his Olympic debut at just 15 during the 2000 Sydney Olympics, finishing fifth in the 200-meter butterfly. This marked the beginning of a remarkable journey that would see him dominate the sport for over a decade.
Athens 2004: Rising Star
In the 2004 Athens Olympics, Phelps captured global attention by winning six gold medals and two bronze. His exceptional performance solidified him as a formidable force in swimming.
Beijing 2008: Historic Achievement
Phelps continued his dominance at the 2008 Beijing Olympics, where he set a historic record by clinching eight gold medals in a single Games. This unprecedented feat remains unmatched in Olympic history and secured his place in the annals of sport.
London 2012: Legacy Continued
At the London 2012 Olympics, Phelps added four gold and two silver medals to his collection, further cementing his legacy as one of the greatest athletes ever.
Rio de Janeiro 2016: Grand Finale
In his final Olympics at Rio de Janeiro 2016, Phelps concluded his career with five gold medals and one silver. His performance in Rio was a fitting end to an unparalleled Olympic career.
Retirement and Comeback
After the 2012 Olympics, Phelps initially retired from competitive swimming. However, his passion for the sport led him to return in 2014, competing once more in the 2016 Rio Games before retiring for good. His comebacks underscored his relentless pursuit of excellence and enduring love for swimming.
Financial Success and Endorsements
Phelps’ success in the pool translated into substantial financial success. According to various media reports, his net worth is estimated at around $100 million (Rs 837 crore), making him 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 and Business Ventures
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. Additionally, his equity stake in Talkspace, valued between $1 billion and $3 billion, further boosts his financial portfolio.