Olympic Veteran Simone Biles’ Net Worth Is Staggering: How Much Money the Gold Medalist Has Earned

She’s killed it connected nan gymnastics level and successful nan bank! Olympic seasoned Simone Biles stole America’s bosom since she first competed connected Team USA during nan 2016 Olympic games successful Rio de Janeiro, Brazil. What is her nett worthy and really does she make money?

What Is Simone Biles’ Net Worth?

The Texas autochthonal has an estimated nett worthy of a whopping $16 cardinal arsenic of 2023, according to Celebrity Net Worth.

How Does Simone Biles Make Money?

The competitor began her elite profession astatine nan 2011 American Classic successful Houston, wherever she placed 3rd all-around. The pursuing year, she was named to nan U.S. Junior National team. In 2013, she moved up to elder elite and made her debut astatine nan American Cup, a senior-level world gymnastics competition.

By 2014, nan contender had won an incredible 14 World Championship golden medals. Two years later, she was selected to correspond nan United States astatine nan Olympics for nan first time. She won 4 golden medals and 1 bronze badge during nan summertime games.

According to a 2018 study from CNBC, Olympic athletes are paid $37,500 per golden medal, $22,500 per metallic badge and $15,000 per bronze badge — truthful Simone’s Olympic wins person made her a corporate $165,000 astatine nan Rio games.

Simone led nan U.S. gymnastics team to nan 2020 Tokyo Summer Olympics, but unluckily was forced to front retired of respective events aft processing the “twisties,” which caused her to suffer spatial consciousness during her aggravated routines. She was still capable to travel distant pinch a bronze badge successful nan equilibrium beam competition and a metallic badge successful nan women’s squad final.

She will erstwhile again compete successful nan Olympics during nan 2024 games successful Paris.

How Does Simone Biles Make Money Outside of Gymnastics?

The world champion has a scope of endorsements pinch celebrated brands that supplement her gymnastics income, including Nike, Athleta, Visa, United Airlines, Spieth America gymnastics equipment, Uber Eats and skincare marque SK-II. Prior to nan 2016 Olympics, she shared nan surface pinch respective different nationalist gymnasts successful a celebrated commercialized for Tide.

Additionally, she starred successful nan July 2024 Netflix docuseries Simone Biles Rising. The docuseries followed her affectional and beingness travel returning to title aft she withdrew from nan 2020 Olympics.

How Many Social Media Followers Does Simone Biles Have?

With a pursuing of 6.6 cardinal on Instagram and different 1.6 cardinal on Twitter, nan jock has nan opportunity to partner pinch brands connected paid societal media posts — which tin beryllium incredibly lucrative erstwhile you’re nan astir dressed up Olympic gymnast successful nan United States.

How Has Simone Biles Made Money successful Real Estate?

In 2019, nan jock purchased a $2 cardinal mansion successful her autochthonal Houston, Texas. Simone sold her 3,711-square ft puerility location successful nan metropolis for $289,000 successful 2017.

Simone and then-fiancé, NFL pro Jonathan Owens, are going to build their ain location together, arsenic she shared a photograph of an quiet portion of onshore they purchased connected March 5, 2023. “A location is made pinch emotion and dreams,” she wrote successful nan caption, adding, “Cheers to breaking ground.” The brace got engaged successful February 2022 aft a twelvemonth and a half of dating, and they tied nan knot successful April 2023.