MICHAEL PHELPS: SWIMMER — $55 MILLION
Michael Phelps is definitely one of the richest athletes in the world. He last participated in the 2016 Summer Olympics in Rio de Janeiro. It was then that he had won his 23rd gold medal which made his kitty of gold sum up to a magnificent 28! This made him one of the most adorned athletes in the 2016 Olympics. Having a net worth of $55 million is wonderful indeed, and he was ably supported by the attractive and well-paying endorsements that he did. Michael Phelps drives a Land Rover worth $84000 and has bought his property in Scottsdale, Arizona, a 6,010-square-foot home. Reportedly, he shelled out $2.5 million bucks for that. The five-bedroom residence covers almost an acre with Arizona State University nearby. The Olympian plans to coach the swim team just there! Good job, Michael.