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Michael Phelps vs Tiger Woods Net Worth 2022: Who is Wealthier?

Published 01/12/2022, 1:05 PM EST

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Several names come to mind when talking about world-class sportsmen. Basketball has Jordan, Ice Hockey has Wayne Gretzky, while soccer has Lionel Messi, and Cristiano Ronaldo, among others. Notably, when that conversation draws down to swimming and golf, the two names that rank above all are that of Michael Phelps and Tiger Woods.

These two entities are the leading names in their respective sport, earning accolades and medals throughout their illustrious career. They are great ambassadors for their sport while also being an inspiration to many around the globe.

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Phelps is a 28-time Olympic medalist while Woods is a 15-time major championship winner. With their decorated careers, they’ve earned a fortune for themselves. But, can you guess which of the two is wealthier in 2022?

Michael Phelps’ net worth

Swimming his way to incredible success ever since he made his debut, Phelps’ biggest and most significant achievement came at the 2008 Beijing Olympics. He won eight gold medals, beating Mark Spitz’s long-standing record of seven gold medals, which was set at the 1972 Munich Olympics.

From there, his life changed. Famous swimwear company Speedo gave him a $1 million bonus for breaking that record. From all the success over the years, his net worth today is estimated to be at $80 million.

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via Getty

He also has signed deals with titanic companies like Intel, Subway, Under Armour, Visa, Speedo, and Wheaties, who influence his net worth massively. Despite his wealthy stature, Phelps is a humanitarian too. His famous Michael Phelps Foundation helps people to have a better living in their community.

With unimaginable success, he surpassed a significant amount of competitors in terms of wealth. Although he is a world-class swimmer, the sport is less paid for while compared to golf.

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Tiger Woods net worth

People always have their eyes glued to the TV when Woods is on the course. Quite remarkably, Tiger is credited for the growth in the sport’s popularity.

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With a decorated career spanning across decades, Woods’ net worth is a staggering $800 million; That’s eight times more than Phelps’ wealth. Earning more than $50-60 million from his salary itself is titanic. Overall, his career earnings reach up to $1.8 billion to date. For a brief period, he actually was the richest celebrity on the planet.

via Getty

The number of endorsement deals he has signed is astonishing. Nike, Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest, Rolex, Gillette, Accenture, Tag Heuer, AT&T, EA Sports, NetJets, Upper Deck, TLC Laser Eye Centers, and Buick are some companies that he has signed for. In addition, Gatorade developed ‘Gatorade Tiger’ from which he earned $100 million in just five years.

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Those statistics are hard to match. Hence, while both are masters of their own game, Tiger Woods is the clear winner of this net worth comparison.

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Written by:

Jacob Gijy

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Jacob Gijy is a US Sports and NBA writer at EssentiallySports. Gijy finished his Masters in Counselling Psychology and worked in a hospital for 2 years before his passion for sports compelled him to find his way to sports journalism. A fan of the great Tim Duncan, he is always ready to pick up a debate with anyone who does not offer the center the respect he deserves.
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