Simone Biles Net Worth

Last Modified Jul 15, 2024 22:35 IST
Image Credits:- Getty Images

Simone Arianne Biles Owens is one of the most notable athletes and gymnasts of all time. Hailing from Spring, Texas, United States, her achievements include being the most decorated gymnast in history, with seven Olympic gymnastics medals. Her exceptional prowess extends to winning 30 Gymnastics World Championships medals, primarily gold, marking her unparalleled success in the sport. Biles' triumphs at the 2016 Summer Olympics in Rio de Janeiro, where she secured individual gold medals in the all-around, vault, and floor, along with contributions to the gold-winning United States team, dubbed the "Final Five," solidified her legacy.

Despite facing challenges at the 2020 Summer Olympics in Tokyo, where she withdrew from most events due to "the twisties," Biles still managed to win a silver medal with her team and a bronze medal on the balance beam. Beyond the Olympics, she has a stellar record as a six-time World all-around champion, six-time World floor exercise champion, and four-time World balance beam champion, among other remarkable titles. In 2022, Biles received the prestigious Presidential Medal of Freedom from Joe Biden, and in 2023, she secured her eighth U.S.

Read More:- Simone Biles Family

Real NameSimone Arianne Biles Owens
Height4'8" (142 cm)
Weight103.61 lbs (47 kg)
DOB (Age)March 14, 1997 (27 years old as of June 2024)
CountryUnited States of America (USA)
SportWomen's artistic gymnastics
Event(s)Olympics and World Championships
Medal(s)Olympic Games Gold medal – first place 2016 Rio de Janeiro Team Gold medal – first place 2016 Rio de Janeiro All-around Gold medal – first place 2016 Rio de Janeiro Vault Gold medal – first place 2016 Rio de Janeiro Floor exercise Silver medal – second place 2020 Tokyo Team Bronze medal – third place 2016 Rio de Janeiro Balance beam Bronze medal – third place 2020 Tokyo Balance beam World Championships Gold medal – first place 2013 Antwerp All-around Gold medal – first place 2013 Antwerp Floor exercise Gold medal – first place 2014 Nanning Team Gold medal – first place 2014 Nanning All-around Gold medal – first place 2014 Nanning Balance beam Gold medal – first place 2014 Nanning Floor exercise Gold medal – first place 2015 Glasgow Team Gold medal – first place 2015 Glasgow All-around Gold medal – first place 2015 Glasgow Balance beam Gold medal – first place 2015 Glasgow Floor exercise Gold medal – first place 2018 Doha Team Gold medal – first place 2018 Doha All-around Gold medal – first place 2018 Doha Vault Gold medal – first place 2018 Doha Floor exercise Gold medal – first place 2019 Stuttgart Team Gold medal – first place 2019 Stuttgart All-around Gold medal – first place 2019 Stuttgart Vault Gold medal – first place 2019 Stuttgart Balance beam Gold medal – first place 2019 Stuttgart Floor exercise Gold medal – first place 2023 Antwerp Team Gold medal – first place 2023 Antwerp All-around Gold medal – first place 2023 Antwerp Balance beam Gold medal – first place 2023 Antwerp Floor exercise Silver medal – second place 2013 Antwerp Vault Silver medal – second place 2014 Nanning Vault Silver medal – second place 2018 Doha Uneven bars Silver medal – second place 2023 Antwerp Vault Bronze medal – third place 2013 Antwerp Balance beam Bronze medal – third place 2015 Glasgow Vault Bronze medal – third place 2018 Doha Balance beam Pacific Rim Championships Gold medal – first place 2016 Everett Team Gold medal – first place 2016 Everett All-around
Net Worth$17 million (as of 2024)
CollegeBenfer Elementary School, later homeschooled
Partner/SpouseJonathan Owens
Zodiac SignPisces

Simone Biles Net Worth 2024

Simone Biles has a net worth of $17 million as per caknowledge.com as of 2024. She has earned this net worth mostly through her long career as an artistic gymnast and an Olympian.

Simone Biles had a net worth of $10 million in 2023. Her net worth before this is not available in the public domain as of 2024.

What is Simon Biles' Income?

Simone Biles makes a monthly income of more than 0.1 million and a yearly income of more than $1 million as per caknowledge.com as of 2024.

Read More : Simone Biles Husband

Simone Biles Sources Of Income

Simone Biles has the following sources of income:

Olympic Events

Simone Biles' main source of income comes from gaining victories in Olympic events. She makes an earning of $37,500 for each gold medals, $22,500 for each silver medals and $15,000 for each bronze medals as per greenlight.com.

Endorsements

Simone Biles also makes her income from endorsements. She is notable for endorsing several brands like GK Elite, Athleta, Uber Eats, SK-II, Visa and United Airlines. These endorsement deals allow her to earn around $5 million per year.

Read More : Simone Biles Medals

Is Simone Biles a Millionaire?

Simone Biles is a millionaire. She makes a yearly income of more than $1 million from her career as an artistic gymnast. However, she earns around $5 million per year fom different endorsement deals, making her total net worth $17 million as of 2024.

Simone Biles Expenditure

Simone Biles, in addition to her sporting prowess, invests in real estate and lifestyle. In 2021, Biles purchased a stunning 4,000-square-foot home near Houston, Texas, featuring four bedrooms, three-and-a-half bathrooms, and a pool installed post-purchase. The property, valued approximately $750,000 according to property records, stands as a testament to Biles's expenditure.

Simone, alongside her NFL player husband Jonathan Owens and their English Bulldog Zeus, resides in this beautiful home. The couple, adding another layer to their life story, got engaged in February 2022, with Jonathan Owens proposing using an eight-carat engagement ring worth approximately $300,000, as reported by Us Magazine.Simone Biles is also the owner of several cars which adds to her expenditure as per caknowledge.com. They are a Mercedes-AMG G63 worth $160,000, a Dodge Challenger SRT worth $73,000, a Mercedes-AMG GLE 43 worth $65,000, a Range Rover Velas worth $58,000 and a Range Rover Evoque Convertible worth $44,000.

Read More : Simone Biles House

FAQ on Simone Biles Net Worth

A. Simone Biles was paid $37,500 from her last Olympic performance in 2021.

A. No, Simone Biles is not a billonaire. However, she is a millionaire and has a net worth of $17 million as of 2024.

In 2021, Biles bought a beautiful 4,000-square-foot house close to Houston, Texas. The house has four bedrooms, three-and-a-half bathrooms, and a pool that Simone added after buying it.

A. Simone Biles' endorsements include brands like GK Elite, Athleta, Uber Eats, SK-II, Visa and United Airlines.

Biles gym is owned by Simone Biles parents, Nellie and Ron Biles.

A. Yes, Simone Biles is participating in the 2024 Paris Summer Olympics.

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