MICHAEL PHELPS – $80 MILLION – SWIMWEAR
Michael Phelps is one of the most admired and popular Olympic athletes, especially in swimming. Phelps started swimming at the age of 7 and retired at the age of 31. His swimming prowess has given him a total of 28 Olympic medals. Due to his popularity, he was able to make sponsorships and partnerships with several brands, which all contributed to his current net worth of $80 million.
When he retired in 2016, he announced his interest in making investments in tech companies. There is no news available as to whether he pursued his plans. Nonetheless, Phelps has made his first investment while he was still active in the Olympic games. He established the swimwear brand MP. He also founded the Michael Phelps Foundation that aims to provide aid in water safety, health and wellness, and the pursuit of dreams.