Simone Biles is not only the most decorated gymnast in history but also one of the highest-paid athletes in her sport. Her success extends beyond gymnastics, with major endorsements, business ventures, and media appearances contributing to her wealth. Simone Biles net worth has grown significantly over the years, thanks to lucrative sponsorship deals and smart financial decisions. From dominating the Olympics to advocating for mental health, she has built a strong personal brand that keeps her earnings steady. Her journey from a young gymnast to a global icon showcases how talent, discipline, and strategic partnerships can lead to lasting financial success.
| Full Name | Simone Arianne Biles |
| Date of Birth | March 14, 1997 |
| Nationality | American |
| Sport | Artistic Gymnastics |
| Olympic Medals | 7 (4 Gold, 1 Silver, 2 Bronze) |
| Net Worth | $16 million (Estimated) |
| Spouse | Jonathan Owens (m.2023) |
Simone Biles Net Worth
Simone Biles net worth is estimated at $16 million, making her one of the highest-earning gymnasts in history. While her competition winnings contributed, the real financial boost came from major sponsorships with brands like Athleta, Visa, and United Airlines. These endorsement deals, along with her business ventures, have provided long-term financial security. She has also invested in real estate and launched a successful leotard line with GK Elite, creating multiple income streams beyond gymnastics. Unlike many athletes who struggle financially after retirement, Biles has built a strong brand that keeps her earnings steady. With smart investments and growing business opportunities, her wealth is expected to increase even further, proving her success extends far beyond the sport.
Simone Biles Journey From Childhood to Gymnastics Stardom
Born in 1997, Simone Biles faced challenges early in life. She was adopted by her grandparents, who later became her legal parents, providing the stability she needed to pursue gymnastics. From a young age, she showed incredible talent, training rigorously to refine her skills. By 2013, she had already made history by winning her first all-around title at the World Championships, setting the stage for her dominance in the sport.
Her breakthrough moment came at the 2016 Rio Olympics, where she won four gold medals and one bronze, cementing her place as one of the greatest gymnasts ever. Her unmatched skill, discipline, and consistency made her a household name, attracting major sponsorship deals that would shape her financial future.
Simone Biles’ Biggest Wins and How They Built Her Wealth
Simone Biles’ dominance in gymnastics has been a major driver of her financial success. Winning multiple Olympic gold medals brought not just prize money but also lucrative sponsorship deals and media opportunities. Her performances on the world stage made her a sought-after athlete for brands looking to partner with a champion.
Beyond the Olympics, Biles has ruled the World Championships, earning over 30 medals. These victories have strengthened her brand value, leading to endorsement deals that far exceed her competition winnings. Her achievements have paved the way for multiple income streams, steadily increasing Simone Biles net worth over the years.
Simone Biles’ Endorsements Made Her One of the Richest Gymnasts
A significant part of Simone Biles net worth comes from high-profile endorsement deals with brands like Athleta, Visa, United Airlines, and Core Power, bringing in millions each year. One of her biggest career moves was leaving Nike for Athleta, a decision that aligned with her values of supporting female athletes and gave her more control over her brand. Beyond gymnastics, companies value her influence as an advocate for mental health and women’s empowerment, making her a top choice for sponsorships. Even when she’s not competing, her strong brand presence ensures a steady flow of income.
Simone Biles’ Personal Life: Beyond Gymnastics
Simone Biles leads a fulfilling life outside of gymnastics, balancing fame with personal happiness. In 2023, she married NFL player Jonathan Owens, and their supportive relationship is often shared with fans. Family has always been central to her journey, as she was adopted by her grandparents, who provided the foundation for her success. Despite being one of the most famous athletes in the world, she enjoys a grounded lifestyle filled with travel, fashion, and advocacy work. Passionate about mental health awareness, she continues to use her platform to inspire and uplift others beyond the world of sports.
Wrapping Up
Simone Biles net worth isn’t just about her gymnastics wins—it’s about smart moves beyond the sport. While her Olympic success made her famous, it’s her endorsements, business ventures, and investments that have secured her long-term wealth. With major deals from brands like Athleta and Visa, along with real estate investments and a successful leotard line, she’s built a strong financial future. Unlike many athletes, she’s made sure her earnings will last. As she continues to grow her brand, her net worth is set to climb even higher, proving she’s just as successful off the mat as on it.
Frequently Asked Questions (FAQ)
What is Simone Biles net worth?
Simone Biles’s net worth is estimated to be around $16 million. This includes earnings from gymnastics, sponsorships, media appearances, and business ventures.
How much does she earn from endorsements?
Endorsements make up the largest share of her income. She earns millions annually from deals with brands like Athleta, Visa, and United Airlines.
What are her major sponsorship deals?
Some of her biggest endorsement deals are with Athleta, Visa, Core Power, and GK Elite. These agreements play a crucial role in her financial success.
How has her net worth changed over the years?
Her net worth has steadily increased since the 2016 Olympics. Endorsements and business deals have significantly contributed to her financial growth.
What philanthropic activities is she involved in?
Biles supports mental health awareness and child welfare programs. She actively works with organizations that assist children in foster care and raises awareness about mental health in sports.
