Who is the richest Olympic swimmer?

Michael Phelps We don’t think it surprises anyone to find that Michael Phelps is the world’s richest professional swimmer. His career was epic! 28 Olympic medals, 23 of them gold. Countless world records and dozens of historic moments.

How much do Olympic swimmers get paid?

“One to eight is 30 — $30,000 for the year. Thirty is our biggest contract.” It left Ryan in disbelief as the assumption is that our Olympic champions are on big bucks rather than scratching a living to survive. “You just assume that our Olympic athletes, our national treasures, are on huge money,” he said.

Do Olympians get paid for life?

Olympic athletes do not get paid by just attending the Olympic Games. However, if an athlete earns a medal, there is a medal bonus attached to it. A gold medal is worth $37,500, a silver medal is worth $22,500 and a bronze medal is worth $15,000.

Do gold medal winners get money?

How much are Olympic athletes paid for winning gold medals? The United States gives athletes who win gold $37,500, while one European country awards six figures.