Michael Phelps Spent a Sizeable chunk of His $100 Million Fortune to Become Mike Tyson & Muhammad Ali’s Neighbour

Multiple Olympic gold medalist Michael Phelps is touted as the greatest swimmer in the history of the sport. The American swimmer holds all-time records for Olympic gold medals, Olympic gold medals in individual events, and Olympic medals in individual events. These accolades are unmatched to this day, which is why many consider him to be the best ever.

Therefore, it was no surprise when Phelps wanted to buy a house in the same neighborhood as other great athletes. Back in 2016, before he won his 28th Olympic medal in Rio, Phelps made a huge property investment. He purchased the rightly named “Flying Fish” home and also paid a hefty sum to buy this dream house in the Paradise Valley Resident.

It was reported that he dished out $2.5 million for this home, which was a considerable chunk of his $100 million net worth. However, it seemed like the home was worth this sum, as the neighborhood consisted of homes of other celebrities, including Mike Tyson and Muhammad Ali. The home was spread across 6,010 square feet, having five enormous bedrooms, six-and-a-half bathrooms, and of course, a swimming pool.

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Despite their initial investment, Phelps and his wife decided to move out of the home selling the property for $3.5 million. Although his stay was short, the former Olympic champion can certainly boast that he was the neighbor of Iron Mike.

Michael Phelps bids farewell to his father in an Instagram post

In a tragic tale of events, Phelps’ father recently passed away at the age of 71. Neither a cause nor a time for the death was reported. However, the 23-time gold medal winner shared a heartwarming picture of him with his father on social media. He bid farewell to his late dad, also posting pictures of him swimming alongside him. “‘You’ll always be my dad… ‘And I’ll always be your son… Love you dad and I will miss you. rip dad.’ he wrote in the caption.

Moreover, along with a post of them together, there were also pictures of his father, who served as a Maryland State Trooper, working on a tactical assault unit for 11 years, according to the Baltimore Sun. This was certainly a heart-wrenching event for Phelps, whose father played an important role in his unmatched success.

What did you think about Phelps’ spending a chunk of his net worth to become Tyson and Ali’s neighbor? Let us know in the comments.

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