How did michael phelps make his money

November 29, Olympic Team Trials — Men’s m backstroke results final «. Olympic champions in men’s m freestyle. The coach immediately recognized Phelps’ talents and fierce sense of competition and began an intense training regime together.

Michael Phelps Net Worth Timeline

Even adjusting for inflation, the endorsement climate has changed drastically in the past ten years. As our world gets more connected and the distribution of content grows increasingly ubiquitous, famous people can turn their fame to maje far more easily than ever in the past. Quite simply, he got a later start. Fame is rare, like gold. If someone has it, companies will pay a lot to rent it from .

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He got so many gold medals in Beijing, but does he get money? If so, how much? Are these athletes rich? Or do they just win the medals and thats it?? He was also eligible for a 1 million dollar bonus if he won 8 gold medals in Athens, but missed that opportunity. But since he did accomplish that feat in Beijing, he did receive that bonus. No Michael doesn’t get paid from the USA to win any medals.

Quick Facts

Micheal phelps uses his money mostly to support his family. He also uses it to buy swimming equipment. He donates a lot every year to charities. Then the rest is for pleasure. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply. Hottest Questions. Previously Viewed. Unanswered Questions.

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Baltimore is Michael phelps hometown. Michael Phelps Michael Phelps. Michael Phelps is not married. Michael Phelps has no brothers, but he has 2 sisters! Michael Phelps comes from the USA. Michael Phelps is known for swimming. Michael Phelps was born on June 30, Michael Phelps has not gone to college.

Michael Phelps was discovered by his great spead in swimming. Michael Phelps is not and has never been married. Michael and Deborah Phelps jake Michael Phelps parents. Whitney and Hilary are Michael’s two sisters.

Michael is 29 years old and lives in Towson, MD. No, Michael Phelps is not dating Amanda Beard. Trending Questions.

Michael Phelps Net Worth Facts

OG They did not swim the meters side by side but rather individually in the same open water, with CGI images of the sharks displayed alongside Phelps as he raced. Phelps was born on June 30,in Baltimore, Maryland. Olympic Committee to do more to help. National Age Group Record». By Eric Reed. He retired for a second time in as he said he wanted to end his career on a high. Olympic champions in men’s m freestyle. ByPhelps had made the U. Olympic Team Trials — Men’s m freestyle results final «.