Michael Phelps – $2.5 Million, Scottsdale
As it happens, a lot of athletes manage to build huge net worth and later decide on investing in plush properties. Michael Phelps is a multi-awarded swimmer who lives in a $2.5-million worth mansion.
He once thought his life was going to end because of his alcohol abuse, but thankfully, he was saved through the help of an alcohol rehab center. Phelps celebrated his 28th birthday on July 1, 2019. He has said that, despite not competing anymore, swimming continues to be the best way for him to release stress.