Simone Biles, widely regarded as one of the greatest gymnasts in history, has not only dominated the sport with her record-breaking performances but has also built an impressive financial portfolio. Her journey from a young, talented athlete to a global sports icon has been fueled by her dedication, resilience, and unmatched skills. Beyond her achievements in gymnastics, Biles has secured lucrative endorsement deals with major brands, significantly contributing to her wealth.
As of 2025, her estimated net worth stands at approximately $20 million. This fortune comes from competition winnings, sponsorships, and business ventures, making her one of the most financially successful gymnasts of all time. Her influence continues to inspire future generations, both in sports and beyond.
Personal Details
| Attribute | Details |
|---|---|
| Full Name | Simone Arianne Biles |
| Date of Birth | March 14, 1997 |
| Place of Birth | Columbus, Ohio, USA |
| Nationality | American and Belizean |
| Height | 4 feet 8 inches (1.42 meters) |
| Marital Status | Married to NFL player Jonathan Owens since April 2023 |
Sources of Income
Competition Earnings
Simone Bile dominance in gymnastics has led to substantial earnings from competitions. Notably, U.S. athletes receive monetary rewards for Olympic medals:
- Gold Medal: $37,500
- Silver Medal: $22,500
- Bronze Medal: $15,000
Given Biles’ multiple Olympic medals, these rewards have contributed significantly to her income.
Endorsements and Sponsorships
A significant portion of Simone Biles wealth comes from endorsements. Over the years, she has partnered with several major brands:
- Nike: Signed an exclusive, long-term deal in 2015.
- GK Elite Sportswear: Launched a line of Simone Biles leotards in 2015.
- United Airlines
- The Hershey Company
- Procter & Gamble
- Mattress Firm
- Beats by Dre
- Visa
- Oreo
- Uber Eats
- MasterClass
- Facebook Watch
In 2021, Simone Biles transitioned from Nike to Athleta, a women’s athletic apparel company owned by Gap, aligning with her personal values and focus on female empowerment.
Financial Growth Over the Years
Simone Biles net worth has seen a steady increase:
- 2016: Following her success at the Rio Olympics, her net worth was estimated at around $2 million.
- 2021: Increased to approximately $10 million, bolstered by ongoing endorsements and competition earnings.
- 2024: Estimated at $20 million, reflecting her continued success and new endorsement deals.
Conclusion
Simone Biles’ incredible financial success is a testament to her unwavering dedication, extraordinary talent, and well-executed strategic partnerships. As one of the greatest gymnasts of all time, Biles has not only dominated the sport with her record-breaking performances but has also built a highly lucrative career beyond gymnastics. Her numerous endorsement deals with global brands, including Athleta, Visa, and Uber Eats, have significantly contributed to her wealth.