As of 2024, American gymnast, Simone Biles’s Net Worth is estimated to be $17 Million. Simone Biles is one of the most successful and famous gymnasts in America. She is known for her artistic gymnast, which has made her successful all around the world. Biles has won numerous milestones in her career, which includes 32 medals, combining Olympics and world championships.

Biles is known as one of the most decorated gymnasts of all time. She is currently tied with Shannon Miller in terms of the most number of gold medals in the Olympics. Biles has a total of 7 gold medals In her career so far. 

Simone Biles is the only woman with 25 World Medals and 19 World Gold Medals, which is quite unbelievable. She impressed the entire world in the 2016 Rio de Janeiro Olympics, where she bagged several golds. Also, check Paul Kariya NetWorth.

Simone Biles is a notable American gymnast. She has obtained 32 medals, including Olympic and World Championship medals. Many individuals believe Biles is the best gymnast ever. She is also rich, with a net worth of around $17 million.

Advertisement

Simone achieved multiple great things in the 2016 Summer Olympics. She was part of the US group named the “Final Five” and got gold medals in floor, vault, and all-around events. She also gained a bronze medal on the balance beam and another gold as a member of the US group. 

Biles has an outstanding record of gaining a victory in the US championship 8 times. She first won when she was only 16 years old and recently won her 8th title at age 26.

Simone had a tough time at the Olympics in Tokyo. She won a bronze medal on the balance beam and a silver medal with the coalition. She had to stop playing because of “the twisties,” which is when a gymnast loses their balance awareness temporarily.

Simone was the most advertised US player before and after the 2020 games. She gained almost $20 million from endorsement contracts leading up to the games. In 2022, Joe Biden provided her with a special medal. She won her 8th U.S. Gymnastics title in 2023, breaking a record that was held for 90 years by someone else.

Simone Biles Net Worth

Simone Biles is the most successful woman to have ever done gymnastics. She has won numerous milestones in her career, which include plenty of gold medals and various other accolades. Simone also holds the record of being the most decorated artistic gymnast of all time.

Biles has numerous sponsors, and she does plenty of advertisements as well. She has done advertisements for various brands like Hershey’s, Gap, Nike, Octagon, and many more. Simone Biles has a current net worth of around $17 million.

NameSimone Arianne Biles
Net Worth (2024)$17 Million
ProfessionArtistic gymnast
Monthly Income$0.1 Million +
Yearly Income$1 Million +
TeammatesAly Raisman, Sunisa Lee, Jordan Chiles, Laurie Hernandez, Grace McCallum
Head coach(es)    Laurent Landi, Cecile Canqueteau-Landi
Years on the national team    2012–2016, 2018–2021
Last Updated2024
Simone Biles Wealth

Earnings History

Simone has a total of 7 Olympic medals. She won 4 gold medals and one bronze in the Rio Olympics in 2016, and she got silver and bronze medals in 2021 at the Tokyo Olympics.

She obtained money for winning gold, silver, and bronze medals. In 2022, the amounts were $37,500 for gold medals, $22,500 for silver medals, and $15,000 for bronze medals. In the 2016 Rio Games, the payments were $25,000 for gold medals, $15,000 for silver medals, and $10,000 for bronze medals.

The Olympics covers food and travel to the matches, but Simone has only gained about $147,500 from her winnings alone.

Simone Biles Net Worth Growth

YearNet Worth (Million)
Simone Biles Net Worth in 2024$17 Million
Simone Biles Net Worth in 2023$16 Million
Simone Biles Net Worth in 2022$14 Million
Simone Biles Net Worth in 2021$12 Million
Simone Biles Net Worth in 2020$11 Million
Simone Biles Net Worth in 2019$10 Million

Endorsement Deals

Simone earned money from gymnastics and endorsement deals. She was in a Tide commercial with other gymnasts before the 2016 Olympics. In 2015, she signed contracts with Nike and GK Elite Sportswear to make her leotards. Simone and her teammates were on the cover of a special Wheaties box in August 2016.

Simone signed contracts with many well-known brands such as Procter & Gamble, United Airlines, Hershey’s, Mattress Firm, Spieth America, Beats by Dre, Athleta, Visa, Oreo, and Uber Eats. She was a well-paid Olympic player in terms of endorsement deals during the 2020 games and gained over $20 million from endorsements between 2019 and 2021.

In April 2021, before the Olympics in 2020, Simone said she quit working with Nike and began working with Athleta. Athleta will plan a big show for Simone after the Olympics. This show will participate in a contest against another one organized by the U.S.A. Gymnastics. Also, Simone and Athleta will create clothes for exercising together.

Simone quit Nike because she no longer felt that their values matched hers. She was especially worried about Nike’s history of scandals, employee protests, and other debates in recent years.

Home: Simone Biles is a very successful name in America. She has achieved some critical success for her nation on the international stage. Simone Biles owns several properties in America as well. She has a house in Texas, where she lives in Spring. She owns a few more properties in Texas and Ohio. 

In 2020, Biles declared on social media that she purchased a new bungalow. She shared some images of it. Not much was learned about the home, but it looked large and fancy in the images. Even though Biles is usually careful with money, she decided to spend more on this property because it’s a profitable investment. The records show that the home cost less than $750,000.

In 2017, Biles said she was selling her ancient house in Houston, Texas. It cost $289,000 and is 3,711 square feet large. The home sold for between $250,001 and $285,000.

In 2023, Simone shared that she and her spouse, Jonathan Owens, were starting to construct a new residence together.

Car collection: Simone Biles has very few cars in her collection. She doesn’t seem to be a very big fan of cars. However, she still owns a very beautiful Mercedes and Range Rover. Must Check Don Yee Net Worth.

Simone Biles Biography
Serial No.CarsCost
1.Mercedes-AMG G63$160,000
2.Dodge Challenger SRT$73,000
3.Mercedes-AMG GLE 43$65,000
4.Range Rover Velas$58,000
5.Range Rover Evoque Convertible$44,000

Conclusion

Lastly, Simone is a competent gymnast who has gained a lot of money from her successful career. She is well-known for her outstanding skills and winning many prizes. She also gets paid by businesses to advertise their products. Simone motivates others to track their dreams and supports needy people through charity work.

Simone Biles is a phenomenal woman who is one of the most recognized personalities of all time. Biles is a legend who has achieved some serious acclamation on the international stage. She has won plenty of gold medals in the Olympics and world championships as an artistic gymnast. She is highly inspiring to many youngsters, and they follow her in Millions of numbers. There isn’t anyone like her in terms of simplicity as well. Her humble character and nature make her a fan favorite. 

Simone Biles Facts

  • Simone Biles’ Was born on March 14, 1997, in Columbus, Ohio, United States
  • Simone Biles’s Height is 4 ft 8 in (142 cm)
  • Simone Biles’s Weight is 47 kg (103 lbs)
  • Simone Biles is an Artistic gymnast
  • Simone Biles’s Annual Income is $1.5 Million
  • Simone Biles’s Net Worth is $17 Million as of 2024

FAQs

What is the net worth of Simone Biles?

Simone Biles's total net worth is around $17 Million. 

How much does Simone Biles make annually?

Simone Biles earns an estimated salary of $0.9 Million + Per year.

What is the monthly income of Simone Biles?

Simone Biles earns an estimated salary of $1,00,000 + per month.

How old is Simone Biles?

Currently, Simone Biles is 27 years old (14 March 1997). 

What is the height of Simone Biles?

The height of Simone Biles is 1.42 M.

What is the name of Simone Biles’s husband?

Simone Biles is currently engaged with Jonathan Owens. 

Recommended:

Balance Sheet

Assets:$3 Million +
Gold Reserves:$70,000 +
Luxury Cars:5 +
Luxury Watches:5 +
Crypto Investments:$0.3 Million +
Investment:$6 Million +
Business Income:$3 Million +
Other Income:$1.5 Million +
Annual Expense:$2,00,000 +
Taxes Paid:$90,000 +

Join the Discussion