Simone Bikes, a name now synonymous with high-quality, innovative cycling products, was founded by passionate cyclist and engineer, Simone Anderson, in 2010. Anderson, a former professional cyclist, started the company in her garage, fueled by a desire to create bikes that combined cutting-edge technology with a rider-centric design philosophy.

Her first big break came in 2012 when she designed and built a custom bike for a local triathlete. The bike’s exceptional performance and unique aesthetics caught the attention of cycling enthusiasts and industry professionals alike, sparking word-of-mouth marketing that catapulted Simone Bikes into the spotlight.

Simone Biles’ Current Net Worth (2025)

As of 2025, Simone Biles’ net worth is estimated to be around $60 million, according to Forbes. This makes her one of the wealthiest athletes in the world.

Career

Simone Biles, born in 1997, is an American artistic gymnast. She began her career at a young age and quickly rose to prominence. Biles is a seven-time Olympic medalist, with a record-breaking four gold medals in individual all-around. She is also a 19-time World Champion, making her the most decorated American gymnast in World Championship history.

Other Ventures

In addition to her gymnastics career, Biles has ventured into various business endeavors. She has her own line of leotards with GK Elite, a sportswear collection with Athleta, and a children’s book series. Biles has also appeared in several TV shows and movies, including “The Simone Biles Story” and “The Gabby Douglas Story.”

Assets

Biles owns a luxury home in Texas, valued at around $1 million. She also owns a collection of luxury cars, including a Range Rover and a Mercedes-Benz. Her gymnastics equipment and gymnastic facilities are also significant assets. Biles’ endorsement deals with brands like Nike, Hershey’s, and Procter & Gamble also contribute to her wealth.

Annual Income

Biles’ annual income is estimated to be around $20 million, according to Forbes. This includes her gymnastics career earnings, endorsement deals, and business ventures. Her gymnastics career alone has earned her over $1 million in prize money, with her endorsement deals contributing significantly more to her annual income.

Frequently Asked Questions about  Simone Bikes

Frequently Asked Questions: Simone Biles Net Worth

1. What is Simone Biles’ net worth?

Simone Biles’ net worth is estimated to be around $6 million.

2. How does Simone Biles make her money?

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

3. Who are Simone Biles’ sponsors?

Simone Biles’ sponsors include brands like Nike, Hershey’s, United Airlines, and Athleta.

4. Does Simone Biles have her own gym?

Yes, Simone Biles has her own gym called “Simone Biles Champions Academy” in Spring, Texas.

5. What is Simone Biles’ highest gymnastics achievement?

Simone Biles’ highest gymnastics achievement is being the most decorated American gymnast with a combined total of 32 Olympic and World Championship medals.

6. Has Simone Biles retired from gymnastics?

As of now, Simone Biles has not announced her retirement from gymnastics.

7. What is Simone Biles’ foundation?

Simone Biles has a foundation called “Simone Biles Legacy” which focuses on empowering young girls through sports and education.

8. What is Simone Biles’ book about?

Simone Biles has written a book called “Courage to Soar: A Body in Motion, A Life in Balance” which is an autobiography about her life and gymnastics career.

9. What is Simone Biles’ height and weight?

Simone Biles is 4 feet 8 inches (142 cm) tall and weighs around 107 pounds (48 kg).

10. What is Simone Biles’ social media presence?

Simone Biles is active on social media with over 7 million followers on Instagram (@simonebiles) and over 1 million followers on Twitter (@Simone_Biles).