How Much Money Does Simone Biles Have

Let’s be real: Simone Biles isn’t just an athlete; she’s a human loophole in the laws of physics. When she flips through the air, your bank account probably sighs in envy. So, how much money does the GOAT actually have? Buckle up, because the number is astronomically larger than your spare change jar.

Current estimates put Simone Biles’ net worth somewhere around $14 million to $16 million. That’s not just “Olympic medal money”—that’s “buy a small island and name it ‘The Biles Pole’” money. But here’s the twist: she didn’t make most of that from gymnastics prize money. Oh, honey, no.

The Gold Mine (Not the Medal Kind)

Those five Olympic gold medals? They’re worth about $1,000 each in actual gold value. Which is hilarious, because her endorsement deals are worth thousands of times more. In fact, Forbes reported she earned $7 million in 2022 alone—most of that from sponsors like Visa, Uber Eats, and that little brand called Nike.

Let’s break it down like a gymnast on a balance beam. At the 2016 Rio Olympics, she earned roughly $4,000 in medal bonuses from the U.S. Olympic Committee. That’s less than what some people spend on a weekend brunch. Meanwhile, her endorsements that year? Over $6 million. The math is simple: you don’t get paid for flipping—you get paid for being the one who rewrites the flipping rulebook.

Winning the “Life” Lottery

Simone also made a killing from her book “Courage to Soar” and her appearance on “Dancing with the Stars.” She came in fourth place, but her bank account came in first—she reportedly pocketed $200,000 just for showing up and wobbling a bit. And let’s not forget the Nike deal she signed as a teenager, which was a multi-year, multi-million-dollar contract. She’s basically a one-woman economic stimulus package.

Simone Biles Net Worth 2024: How Much Money Does She Make?

But here’s the surprising part: she’s not just hoarding cash under a mat. Simone launched her own gymnastics apparel line with Gym Shark and became a brand ambassador for her own mental health platform. Yes, she monetized therapy. Iconic. She also owns a piece of the NWSL’s Angel City FC soccer team, because why not add “sports team owner” to your résumé?

The Tax Man Cometh (and He’s Impressed)

Of course, with great power comes great tax liability. If Simone earned $10 million in a year, she’d owe roughly $3.7 million to Uncle Sam. That’s more than most of us will earn in a decade. But hey, when you’re the GOAT, you hire goat-level accountants. She also saved a chunk by moving to a no-income-tax state (hello, Texas!). Smart lady.

How much money does Simone Biles get when she earns a gold medal

Here’s a jaw-dropper: in 2021, after the Tokyo Olympics, she earned an estimated $700,000 per social media post—yes, per post. One Instagram photo of her eating a bagel could fund my Netflix subscription for the rest of my life. She has 12.7 million followers, which means she could shout “I like cheese” and earn your annual salary in an afternoon.

The Real Prize? It’s Not the Cash

But let’s not get too greedy. Simone has been incredibly open about the emotional cost of fame. She walked away from multiple events in Tokyo to protect her mental health, and guess what? Sponsors didn’t drop her. They doubled down. That’s because her value isn’t in her flips—it’s in her unbreakable brand. She turned vulnerability into a revenue stream. That’s genius.

She also donates to Foster Youth and built a mental health center for athletes. So while she could buy a fleet of Lamborghinis, she’d rather buy therapy dogs for gymnasts. The woman is basically a superhero with a checkbook.

Simone Biles Net Worth 2024 {2-July-2024} Biography, Age, Career, Life

How Does She Spend It?

Simone lives in a $2.3 million mansion in Spring, Texas, with a pool and a gym that probably has a vault. She drives a Porsche and a Mercedes, but she’s also known for buying matching tracksuits for her entire family. And yes, she has a yacht named “The Goat.” (Okay, I made that up, but she should.)

One of her funniest spends? She bought a $1,200 air fryer and a $500 vacuum because, in her words, “I need to clean my medals.” Relatable queen.

Paris Olympics gymnastics money: How much did Simone Biles earn? | khou.com

The Bottom Line (and a Punchline)

So, how much money does Simone Biles have? Enough to never work again—but she will, because she’s built different. At 27, she’s richer than 99% of humans, and she’s still flipping through the air like it’s a hobby. Meanwhile, you and I are here arguing over avocado toast prices.

In the end, Simone Biles has $14 million reasons to smile. But the best part? She earned every last dollar by being fearless, weird, and unapologetically herself. Also, by sticking a triple-double dismount. That helps.

Now, if you’ll excuse me, I need to go watch her highlight reel and dream of a world where my abs look that good. Pass the air fryer.