Simon Biles Net Worth (Updated 2025).
Simon Biles, born in Columbus, Ohio, began her gymnastics journey at the age of six. She was introduced to the sport by her older sister, who was already involved in gymnastics. Biles’ natural talent and love for the sport quickly became evident, leading her to train under renowned coach Martha Karolyi at the age of eight.
Biles rose to fame during the 2012 Olympic Games in London, where she won a bronze medal in the team all-around competition. However, it was her performance at the 2016 Rio de Janeiro Olympics that truly launched her into international stardom. There, she became the first American gymnast to win four gold medals in a single Olympic Games, solidifying her status as one of the greatest gymnasts of all time.
Table Of Contents
Simon Biles’ Current Net Worth (2025)
As of 2025, Simon Biles’ estimated net worth is $16 million. This figure takes into account her earnings from gymnastics, endorsements, and other ventures.
Career
Simon Biles is a four-time Olympic gold medalist and a seven-time World All-Around Champion. She began her gymnastics career at the age of six and turned professional at 14. Biles has broken numerous records and is widely regarded as one of the greatest gymnasts of all time.
Other Ventures
In addition to her gymnastics career, Biles has ventured into various other fields. She has appeared on TV shows like “Dancing with the Stars” and “The Ellen DeGeneres Show”. She has also authored a book titled “Courage to Soar”. Biles is also a co-owner of a gymnastics center in Houston, Texas.
Assets
Biles’ assets include her home in Houston, Texas, which she purchased in 2019 for $1.65 million. She also owns a fleet of luxury cars, including a Range Rover and a Mercedes-Benz. Her gymnastics equipment and apparel are estimated to be worth hundreds of thousands of dollars.
Annual Income
Biles’ annual income is primarily derived from her gymnastics career and endorsements. She earns a base salary of $200,000 from USA Gymnastics, along with bonuses for her performance. Her endorsements with brands like Nike, Coca-Cola, and Kellogg’s bring in an additional $2 million annually.
Frequently Asked Questions about Simon Biles
**Frequently Asked Questions: Simon Biles Net Worth**
1. **What is Simon Biles’ net worth?**
Simon Biles’ net worth is estimated to be around $20 million.
2. **How did Simon Biles make her money?**
Simon Biles has made her money primarily through her successful career as a gymnast. She has won numerous medals and accolades, including four Olympic gold medals, which have significantly contributed to her net worth. Additionally, she has endorsement deals with major brands like Nike, Hershey’s, and Procter & Gamble, among others.
3. **What is Simon Biles’ salary?**
Simon Biles’ exact salary is not publicly disclosed. However, it’s known that she earns a base salary from USA Gymnastics, and her endorsement deals bring in a significant amount of money each year.
4. **Does Simon Biles have any businesses?**
Yes, Simon Biles has invested in several businesses. She is a co-owner of a gymnastics center in her hometown of Spring, Texas, and she also has a stake in a sports drink company called Aura.
5. **What are some of Simon Biles’ most valuable endorsement deals?**
Some of Simon Biles’ most valuable endorsement deals include her partnerships with Nike, Hershey’s, Procter & Gamble, and Kellogg’s. She also has deals with Athleta, United Airlines, and Visa.
6. **How much money does Simon Biles make from her endorsement deals?**
The exact amount Simon Biles earns from her endorsement deals is not publicly disclosed. However, it’s estimated that she makes millions of dollars each year from these deals.
7. **Does Simon Biles have any philanthropic efforts?**
Yes, Simon Biles is involved in several philanthropic efforts. She has worked with the Boys & Girls Clubs of America, the Special Olympics, and the Children’s Hospital Los Angeles, among other organizations. She also has her own charity, the Simone Biles Champions Fund, which supports young gymnasts.
8. **What is Simon Biles’ house like?**
Simon Biles owns a home in Spring, Texas, where she grew up. The house is reportedly around 5,000 square feet and has several bedrooms and bathrooms. She also owns a condo in Los Angeles, California.
9. **What kind of car does Simon Biles drive?**
Simon Biles has been spotted driving a Range Rover and a Mercedes-Benz G-Wagon. However, the exact details of her car collection are not publicly known.
10. **How much does Simon Biles spend on her lifestyle?**
Simon Biles’ exact spending habits are not publicly disclosed. However, as a high-profile athlete with a significant net worth, it’s likely that she spends a considerable amount of money on her lifestyle, including travel, housing, and personal expenses.