Megan Jendrick is a former Olympic swimmer who has built quite a fortune for herself over the years. The swimmer became famous after she won two gold medals in the 2000 Sydney Olympics and has since turned her name into a brand. Despite retiring from active competition in 2011, Jendrick has managed to stay relevant in the swimming industry and continue to make significant income. However, what is surprising about Megan Jendrick’s net worth is how she has been able to build a million-dollar fortune, especially after retiring from swimming. In this article, we will be taking a look at Megan Jendrick’s journey to riches, how she was able to build her fortune, and what she is doing now.
Megan Jendrick: A Story of Struggle and Success
Megan Jendrick’s journey started long before she became a professional swimmer. Born in 1984 in Tacoma, Washington, Megan started swimming at a young age. At the age of nine, she was already competing in swim meets and had developed a passion for swimming. However, her path to success was not a smooth one. Jendrick struggled with a medical condition known as Graves’ Disease, which affects the thyroid gland, making it difficult for her to stay in good physical shape. Despite this, Megan never gave up on her dreams of becoming an Olympic swimmer.
From Swim Meets to Olympic Glory
Megan Jendrick started her professional swimming career in 1999 when she competed in the Pan Pacific Championships. However, her breakthrough came in 2000 when she won two gold medals at the Sydney Olympics. She won her first gold medal in the 100-meter breaststroke and the second in the 4×100-meter medley relay. Her Olympic triumphs made her a household name, and she quickly became one of the most recognizable faces in the swimming industry.
Building Her Net Worth
Megan Jendrick was able to build her net worth through various avenues. Firstly, after her retirement from swimming, Jendrick became a motivational speaker. Being an Olympic gold medalist offered her a unique platform to speak to people about determination, perseverance, and goal-setting. She also worked as a nutrition coach, leveraging her experience as a professional athlete. Jendrick’s speaking engagements and nutrition coaching brought in substantial income for her.
Jendrick also made money from endorsements and sponsorships. Companies such as Speedo and Nike signed endorsement deals with her during her active swimming career and even after her retirement. Despite not being actively involved in swimming, Megan Jendrick’s status as a former Olympian made her a valuable brand ambassador for companies looking to promote their products.
Megan Jendrick also invested in real estate and started her own swim school. She invested in a property in Florida and converted it into a successful swim school where she provides coaching to young swimmers. Through her swim school, Jendrick has been able to make significant income while also contributing to the swimming industry.
Megan Jendrick’s Net Worth in Numbers
As of 2021, Megan Jendrick’s net worth is estimated to be $2 million. This is not a small feat, as most former American Olympians have a net worth of around $100,000 – $500,000. Megan Jendrick’s success is proof that one can still build a fortune outside of active competition in sports.
Frequently Asked Questions (FAQs)
1. What was Megan Jendrick’s most significant achievement as a swimmer?
Megan Jendrick won two gold medals at the 2000 Sydney Olympics in the 100-meter breaststroke and the 4×100-meter medley relay.
2. What is Megan Jendrick’s net worth, and how did she build it?
Megan Jendrick’s net worth is estimated to be $2 million. She built her fortune through motivational speaking, coaching, endorsements, investing in real estate, and starting her own swim school.
3. What is Megan Jendrick doing now?
Megan Jendrick is now retired from swimming but continues to run her swim school in Florida and works as a motivational speaker.
4. How did Megan Jendrick overcome Graves’ Disease to become an Olympic champion?
Megan Jendrick overcame Graves’ Disease through therapy and medication, which helped her maintain good physical shape.
5. What lessons can one learn from Megan Jendrick’s story?
One can learn the importance of determination, perseverance, and hard work in achieving one’s goals.
6. Has Megan Jendrick won any other awards aside from her Olympic medals?
Yes, Megan Jendrick has won other awards such as three gold medals at the 2001 World Championships and seven gold medals in the Pan Pacific Championships.
7. How is Megan Jendrick contributing to society through her swim school?
Megan Jendrick is contributing to society by providing coaching to young swimmers, helping them develop their swimming skills and, potentially, become professional swimmers.
Megan Jendrick is a testament to how one can turn their passion into a profitable venture. The Olympic swimmer’s journey from struggling with Graves’ disease to becoming an Olympic gold medalist and building a $2 million fortune is inspiring. Despite retiring from active competition, Jendrick has continued to make a significant impact in the swimming industry through her motivational speaking, coaching, and running her swim school. Her story teaches us the importance of determination, hard work, and perseverance in achieving one’s goals.