Simone Biles Net Worth 2025 Olympic Champion’s Financial Success Story
Simone Biles is one of the most successful gymnasts of all time. Her athletic achievements have helped her build significant wealth over her career.
Who is Simone Biles?
| Name | Simone Biles |
|---|---|
| Birthdate | March 14, 1997 (28) |
| Birthplace | Columbus, Ohio, U.S. |
| Main Incomes | Gymnastics, Endorsements, Public appearances |
| Net Worth | $25 million |
| Nationality | American |
Simone Arianne Biles was born on March 14, 1997, in Columbus, Ohio. She and her siblings were placed in foster care when she was young because her mother struggled with addiction. Her grandfather Ron and his wife Nellie adopted Simone and her younger sister, and they moved to Spring, Texas. Biles started gymnastics at age 6 when she visited a gymnastics center during a daycare field trip. Coaches noticed her natural talent right away, and she began training seriously.
Biles quickly rose through the gymnastics ranks. She joined the U.S. Junior National Team in 2012 and then moved to the senior level in 2013. Since then, she has won 37 Olympic and World Championship medals, including 23 gold medals. This makes her the most decorated gymnast in history. She is known for her difficult moves, some of which are named after her. In the 2020 Tokyo Olympics (held in 2021), and the 2024 Paris Olympics, she continued her success with more gold medals, cementing her place as the greatest gymnast of all time.
Net Worth Comparison
| Name | Net Worth | Sources of Income |
|---|---|---|
| Jonathan Owens | $2M | NFL player |
| Nastia Liukin | $3M | Gymnastics, commentary |
| Sunisa Lee | $5M | Olympic teammate, endorsements |
Her Net Worth and Salary
As of 2025, Simone Biles’s net worth is $25 million. Unlike many professional athletes, gymnasts don’t earn salaries from their sport. Instead, Biles earns money from multiple sources. The U.S. Olympic Committee pays medal bonuses; $37,500 for gold medals, $22,500 for silver and $15,000 for bronze. With her collection of Olympic medals, these bonuses have added up.
The majority of Biles’ income comes from endorsement deals. After her success in the 2016 Rio Olympics, she signed contracts with major brands including Nike, Hershey’s, Kellogg’s, United Airlines, and Mattress Firm. In 2021, she left Nike to partner with Athleta in a deal reportedly worth millions. She also has partnerships with Visa, GK Elite Sportswear, and Core Power. These endorsements make up most of her yearly income, estimated to be between $5-7 million annually in recent years.
Her Investments and Business Ventures
Biles has made smart investments with her earnings. In 2022, she launched her own activewear line called Athleta x Simone Biles with Gap Inc.’s Athleta brand. The collection includes performance wear designed by Biles herself, reflecting her style and athletic needs.
She has also invested in real estate. In 2020, Biles purchased a home in Spring, Texas, and has shared glimpses of the property on social media. The home features a large pool and custom features, showing her investment in comfortable living spaces.
Biles has created digital content through her social media presence. With millions of followers across platforms, she can earn significant amounts from sponsored posts. A single Instagram post from Biles can reportedly generate between $25,000 to $100,000 depending on the brand and campaign.
Major Competitions and Estimated Earnings
| Year | Competition | Medals | Estimated Earnings |
|---|---|---|---|
| 2016 | Rio Olympics | 4 Gold, 1 Bronze | $110,000 |
| 2021 | Tokyo Olympics | 1 Silver, 1 Bronze | $37,500 |
| 2023 | Various Competitions | — | $7.1 million |
| 2024 | Paris Olympics | 3 Gold, 1 Silver | $135,000 |
The Impact of Her Sponsorships
Beyond just providing income, Biles’ sponsorships have changed how female athletes are valued. Before her rise to fame, many female gymnasts struggled to secure major endorsement deals outside of Olympic years. Biles has maintained valuable partnerships throughout non-Olympic seasons, proving that female athletes can be marketable all the time.
Companies seek Biles not just for her athletic achievements but for her authentic personality and influence with young audiences. Her sponsorship deals often allow her creative input, showing how she has leveraged her status to gain business control rather than just being a face for products.
Personal Life and Philanthropy
Simone Biles married NFL player Jonathan Owens in April 2023. Owens has played for the Houston Texans and Green Bay Packers. The couple shares their life together on social media, giving fans glimpses into their relationship.
Biles is passionate about helping children in foster care because of her own background. She established the Simone Biles Legacy Foundation to support children in the foster care system. The foundation provides resources, educational opportunities, and access to sports for these children.
Mental health advocacy has become important to Biles after she withdrew from several events at the Tokyo Olympics to focus on her mental wellbeing. She has spoken openly about therapy and the importance of mental health, breaking stigmas especially for athletes and young people. Her honesty has inspired many conversations about athletic pressure and mental health support.
FAQs
How many Olympic medals has Simone Biles won in total?
As of 2025, Simone Biles has won 11 Olympic medals across the 2016 Rio Olympics, 2020 Tokyo Olympics, and 2024 Paris Olympics. Seven of these medals are gold.
What is Simone Biles’ most difficult gymnastics move?
The Yurchenko double pike vault, now officially named “the Biles II,” is considered one of her most difficult moves. She was the first woman to perform this move in international competition.
Did Simone Biles ever take a break from gymnastics?
Yes, Biles took nearly a two-year break after the 2016 Rio Olympics. She returned to competition in 2018 and took another brief break after the Tokyo Olympics before returning to training for the 2024 Paris Games.
