Simone Biles, born in 1997, began her gymnastics journey at the age of six, when she was introduced to the sport by her older sister. She was drawn to the challenge and grace of the sport, quickly displaying a natural aptitude for it. This initial spark led her to join a local gymnastics club in her hometown of Spring, Texas.

At the age of eight, Biles was taken in by a foster family, the Biles, who recognized her potential and provided her with the support and resources she needed to pursue her dream. Under the guidance of her coaches, Aimee Boorman and later, Laurent Landi, Biles honed her skills and began to make a name for herself in the competitive gymnastics world.

How Much Is Simone Biles’s Current Net Worth (2025)?

As of 2025, Simone Biles’ net worth is estimated to be around $25 million, according to the latest available information. This makes her one of the wealthiest athletes in the world.

Career

Simone Biles, born in 1997, is a renowned American gymnast. She began her career at a young age and quickly rose to prominence. Biles is a seven-time Olympic medalist, with four gold medals, and is often regarded as the greatest gymnast of all time. Her impressive career includes numerous World Championship titles and record-breaking performances.

Other Ventures

Beyond gymnastics, Biles has ventured into various business endeavors. She has her own line of leotards, “Simone Biles Collection,” with GK Elite. She also has partnerships with brands like Nike, United Airlines, and Hershey’s. Biles has authored two books and has been involved in various TV shows and documentaries, further adding to her net worth.

Assets

Simone Biles owns several properties, including a luxurious $560,000 home in Texas. She also has a substantial car collection, which includes a Range Rover and a Mercedes-Benz. Biles’ gymnastics equipment and other personal items are also valuable assets, given her status in the sport.

Annual Income

Simone Biles’ annual income is estimated to be around $10 million, according to recent reports. This includes her earnings from gymnastics, sponsorships, and her various business ventures. Her annual income has significantly contributed to her overall net worth over the years.

Frequently Asked Questions about  How Much Is Simone Biles

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Frequently Asked Questions: How Much Is Simone Biles Net Worth

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1. What is Simone Biles’ net worth?

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Simone Biles’ net worth is estimated to be around $16 million.

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2. How does Simone Biles make her money?

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Simone Biles makes money through various sources, including endorsements, sponsorships, competition winnings, and her own gymnastics brand.

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3. Who are some of Simone Biles’ sponsors?

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Some of Simone Biles’ sponsors include Nike, Kellogg’s, United Airlines, and Visa.

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4. Does Simone Biles have her own gymnastics center?

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Yes, Simone Biles has her own gymnastics center called “World Champions Centre” in Texas, which she opened with her mother in 2017.

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5. What is Simone Biles’ salary from the U.S. Olympic Committee?

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Simone Biles’ salary from the U.S. Olympic Committee is not publicly disclosed, but she is part of the U.S. Olympic Committee’s “Olympic Athletes’ Advisory Council” and receives funding from them.

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6. How much does Simone Biles make from her book deals?

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The exact amount Simone Biles makes from her book deals is not publicly known, but she has written two books: “Courage to Soar” and “Simone Biles: The Golden Girl of Gymnastics”.

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7. Does Simone Biles have any business ventures?

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Yes, Simone Biles has her own line of leotards with GK Elite and has also launched a clothing line with Athleta.

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8. How much does Simone Biles make from her social media platforms?

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The exact amount Simone Biles makes from her social media platforms is not publicly known, but as of 2021, she has over 6 million followers on Instagram and over 1 million followers on Twitter.

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9. What is Simone Biles’ highest competition earnings?

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Simone Biles’ highest competition earnings were from the 2016 Rio Olympics, where she won four gold medals and one bronze medal, earning a total of $182,500 from USA Gymnastics.

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10. How much does Simone Biles make from her appearances and speaking engagements?

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The exact amount Simone Biles makes from her appearances and speaking engagements is not publicly known, but she is often invited to events and functions as a guest speaker and performer.