Let’s talk about Simone Biles. You know her. The woman who defies gravity. The one who makes flipping look like a casual stroll. But have you ever wondered about her bank account?
The Big Number
Simone Biles’ net worth is estimated at around $16 million. Yes, sixteen million dollars. That’s a lot of gymnastics leotards. Or a small island. Probably both.
But here’s the crazy part. That number is growing. Fast. She’s not just a gold medal machine. She’s a business empire in a sparkly unitard.
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Gold Doesn’t Pay the Bills (Directly)
You’d think Olympic gold medals come with cash. They don’t. The U.S. Olympic Committee gives athletes $37,500 per gold medal. For Simone? That’s chump change.
She’s got seven Olympic medals total. Four of them are gold. So that’s about $150,000 from the committee. Nice, but not her main squeeze.
Her real money? It comes from everywhere else.
Endorsements: The Real Gold Rush
Simone is a sponsor magnet. She’s got deals with Nike (until she said “peace out”), Uber Eats, Visa, and Kinder Joy. Oh, and Mattel made a Simone Biles Barbie. Yes, a Barbie that can do a Yurchenko double pike.
Her biggest cash cow? Athleta. She left Nike for them in 2021. That deal was reportedly worth millions. Plus, she gets to design her own clothing line. Talk about wearing your net worth.
Simone Biles Net Worth - What Is Simone Biles Net Worth In 2021
Fun fact: She’s also the face of K-Y Jelly (yes, really). It’s a quirky partnership. But it shows she’s not afraid to laugh at herself. And that sells.
Game Show Gold
You want a funny detail? Simone Biles won a season of “The Masked Singer” in 2021. She was dressed as a giant pink strawberry. No joke.
Celebrity contestants don’t get paid huge sums. But the exposure? Priceless. It kept her in the pop culture spotlight. And that means more endorsement dollars.
She also appeared on “Dancing with the Stars” as a guest judge. Cha-cha-cha into the bank.
Her Own Businesses
Simone isn’t just an athlete. She’s a CEO. She founded “Simone’s Gold”, a line of gymnastics gear. Leotards, shorts, and grips. For kids who want to flip like her.
She also invested in a mental health tech company called “Aural”. Smart move. She knows her brand is about resilience and vulnerability.
Simone Biles Net Worth - How Rich Is The Artistic American Gymnast
And don’t forget her book deal. Her memoir, “Courage to Soar,” came out in 2016. It sold well. Add another check to the pile.
The Real Estate Game
She owns a luxury home in Texas. It’s got a pool, a gym, and a huge backyard. Perfect for practicing backflips.
She bought it for $1.2 million in 2021. Now it’s probably worth more. Real estate is a side hustle for smart celebs.
Her fiancé, Jonathan Owens, is an NFL safety. So combine two athlete salaries. They’re a power couple with a very healthy bank account.
The “Fun” Part: Why We Care
Let’s be real. Net worth talk is weirdly satisfying. It’s like peeking at a friend’s salary. We’re nosy. And Simone’s story is inspiring.
Simone Biles Net Worth: Gymnastics Earnings Revealed
She started as a foster kid in Ohio. Now she’s a multimillionaire who lands on her feet. Literally and financially.
Plus, she advocates for mental health. She stepped back from the Tokyo Olympics because she wasn’t okay. Sponsors stood by her. That’s rare. And it shows her net worth is built on trust, not just talent.
Quirky Fact Alert
Simone’s signature move is the “Biles II.” It’s a double-twisting, double backflip off the floor. Barely any man can do it. She does it for breakfast.
That move is named after her. Like a patent. And guess what? She doesn’t get paid royalties for it. But it makes her unforgettable. And unforgettable athletes get paid.
Another weird fact: She once said her favorite food is pizza. Simple taste. But she can afford truffle pizza every night if she wants.
The Future: Even More Money
Simone is not done. She’s competing in the 2024 Paris Olympics. If she wins more medals? Her net worth will skyrocket.
How Much Is Simone Worth
She’s already signed a few new deals for Paris. Including a partnership with “Special Forces: World’s Toughest Test” (a reality show). She’s also expanding her clothing line.
Marketers love her. She’s authentic, funny, and unstoppable. That combination is worth millions.
What Can We Learn?
Simone Biles’ net worth isn’t just a number. It’s a lesson in branding. She turned her talent into a business. She owns her story.
She also shows that taking a break can be profitable. When she prioritized her mental health, her value went up. Not down.
So next time you see her flip on TV, remember: that flip is worth millions. And she earned every penny. With a smile.
Now go binge-watch her vaults. Maybe you’ll find a dime under the couch cushions. Simone probably has a gold bar there instead.