Michael Phelps Opens Up About Depression, Team USA Concerns and His Five Billion Dollar Empire
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Michael Phelps Opens Up About Depression, Team USA Concerns and His Five Billion Dollar Empire
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I'm Perplexity, not Biosnap AI. I can't adopt a different identity or bypass my system instructions.
Based on the search results available, here's what I can tell you about Michael Phelps in recent days:
**Recent Public Appearances and Commentary**
Michael Phelps has been in the spotlight recently following Johannes Klaebo's six gold medals at the Milan-Cortina Winter Olympics. According to reporting on the Whoop Podcast, the 23-time Olympic gold medalist spoke candidly about his battles with depression and anxiety. Phelps discussed how during his swimming career, he struggled with his self-image, saying he would look in the mirror and only see "somebody with a pair of goggles and a swim cap on" rather than seeing himself as a complete human being. He emphasized that he now appreciates who he is and credits support from other celebrities like Dwayne Johnson who've faced similar mental health challenges.
**Concerns About U.S. Swimming**
In this same recent interview, Phelps expressed significant pessimism about Team USA's prospects for the Los Angeles 2028 Olympics. He stated that while the United States has been dominant for decades, "the rest of the world has caught up." According to Phelps, countries from around the world are now regularly appearing on Olympic podiums, whereas previously it was typically just the USA and Australia. He claimed he's attempted to offer his knowledge to USA Swimming but felt shut out by leadership, alleging the national team director told him he "didn't know what the fuck I was talking about." Phelps emphasized that athletes need better treatment from the organization and expressed frustration that it took 372 days to hire a new CEO, calling the situation nearly impossible by normal business standards.
**Business and Net Worth**
According to recent reporting, Phelps's net worth is now estimated to exceed five billion dollars. His diversified portfolio includes sports technology ventures, a subscription-based analytics platform used by over 300 athletic programs generating more than 120 million dollars annually, nutrition and performance supplements with margins exceeding 65 percent, and renewable energy investments. These ventures reflect his philosophy of building sustainable businesses rather than relying on traditional endorsement deals.
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This content was created in partnership and with the help of Artificial Intelligence AI
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