Simone Biles Net Worth (Updated 2025).
Simone Biles, born in 1997, began her gymnastics journey at the age of six when she was taken to a local gym by her mother. It was here that her incredible talent was first recognized, leading her to train under renowned coach Aimee Boorman.
Biles’ career took off at the age of eight when she began competing in Level 8 gymnastics. She rapidly progressed through the ranks, becoming a Level 10 gymnast by the age of nine. Her exceptional skill and dedication caught the attention of the gymnastics world, launching her into the national spotlight.
**Simone Biles’s Current Net Worth (2025)**
As of 2025, Simone Biles’ estimated net worth stands at $60 million. This impressive figure is a testament to her incredible success and longevity in the world of gymnastics.
**Career**
Simone Biles, born in 1997, is an American gymnast who has dominated the sport for over a decade. She is a seven-time Olympic medalist, with four gold medals to her name. Biles is also a 19-time World Champion, making her the most decorated American gymnast in history. Her signature move, the Biles, has been added to the Code of Points in her honor.
**Other Ventures**
Biles has ventured into various business opportunities outside of gymnastics. She has a deal with Nike and has her own line of leotards. She also has a partnership with GK Elite, a gymnastics apparel company. In 2020, she launched her own line of athletic wear with Athleta. Additionally, Biles has written two books, “Courage to Soar” and “Brave Enough.”
**Assets**
Simone Biles owns a luxurious home in Houston, Texas, where she trains with the World Champions Centre, a gymnastics facility she co-owns with her mother. She also owns several cars, including a Range Rover and a Mercedes-Benz. Her extensive gymnastics medal collection is one of her most valuable assets.
**Annual Income**
Simone Biles’ annual income is estimated to be around $20 million. This includes her gymnastics earnings, sponsorship deals, and her various business ventures. Her annual income has significantly increased over the years due to her growing popularity and success.
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Frequently Asked Questions about Simone Biles
**Frequently Asked Questions: Simone Biles Net Worth**
1. What is Simone Biles’ net worth?
Simone Biles’ net worth is estimated to be around $16 million.
2. How does Simone Biles make her money?
Simone Biles makes money through various sources including sponsorships, endorsements, gymnastics competition winnings, and her own gymnastics gym.
3. Which brands does Simone Biles endorse?
Simone Biles has endorsed brands such as Nike, Visa, Procter & Gamble, United Airlines, and others.
4. Does Simone Biles have her own gymnastics gym?
Yes, Simone Biles opened her own gymnastics gym, called “World Champions Centre,” in Texas with her mother in 2017.
5. What is Simone Biles’ Olympic medal count?
Simone Biles has won a total of 7 Olympic medals, including 4 gold, 1 silver, and 2 bronze.
6. How many World Championship medals does Simone Biles have?
Simone Biles has won a total of 25 World Championship medals, making her the most decorated American gymnast in history.
7. What is Simone Biles’ highest gymnastic skill named after?
The Biles, a round-off onto the hands followed by a back handspring and two-and-a-half twists, is named after Simone Biles.
8. Does Simone Biles have any siblings?
Yes, Simone Biles has three siblings: Ashley, Tevin, and Adria.
9. What is Simone Biles’ height and weight?
Simone Biles is 4 feet 8 inches (142 cm) tall and weighs around 100 pounds (45 kg).
10. What is Simone Biles’ foundation called?
Simone Biles’ foundation is called “Simone Biles Champions Fund,” which supports young gymnasts and helps them with the costs of training and competing.
