What Is Michael Phelps’ Net Worth and Salary? Retired American Olympic swimmer and $100 million-plus corporate spokesman Michael Phelps is a multimillionaire. As the most decorated Olympian in history, Michael Phelps currently has 28 Olympic medals to his credit (23 of them gold) Many people consider him to be the best swimmer ever. Early Life … Continue reading Michael Phelps’s Net Worth, Early Life, Career & More Details!