Somone Biles Net Worth (Updated 2025).

Simone Biles, born in 1997, began her gymnastics career at a young age, displaying natural talent and an impressive work ethic. She was initially taken in by a foster family, the Bileses, who recognized her potential and encouraged her to pursue the sport. Simone began training at Bannon’s Gymnastics Center in Houston, Texas, under the guidance of coach Aimee Boorman.

Biles quickly rose through the ranks, winning her first national title at the age of 14. She went on to dominate the sport, becoming the most decorated American gymnast, with a combined total of 32 Olympic and World Championship medals. Her exceptional skills, including her signature move, the Biles, have made her a household name in the world of gymnastics.

Simone Biles’ Current Net Worth (2025)

As of 2025, Simone Biles’ estimated net worth stands at $60 million, according to Forbes. This makes her one of the wealthiest athletes in the world. Her earnings come primarily from competition winnings, endorsement deals, and sponsorships.

Career

Simone Biles, born in 1997, is an American gymnast and a seven-time Olympic medalist. She is the most decorated American gymnast, with a combined total of 32 Olympic and World Championship medals. Biles began her gymnastics career at the age of six and rose to prominence in the 2013 and 2015 World Championships, where she won a combined total of 14 medals. She continued her success in the 2016 Rio Olympics, winning four gold medals and one bronze, and in the 2020 Tokyo Olympics, where she won two bronze medals.

Other Ventures

Biles has ventured into various business endeavors beyond gymnastics. In 2019, she launched her own brand of leotards, “Simone Biles Athletics,” in partnership with the athletic wear company, Athleta. She has also released a book, “Courage to Soar,” which became a New York Times bestseller. Biles has endorsement deals with several major brands, including Nike, Coca-Cola, and Kellogg’s.

Assets

Biles’ assets include real estate properties, investments, and her personal gym, “World Champions Centre,” which she opened in 2017 with her brother. The gym is valued at around $1 million. She also owns a fleet of luxury cars, including a Range Rover and a Mercedes-Benz, worth approximately $200,000 combined.

Annual Income

Simone Biles’ annual income is primarily derived from her endorsement deals, which are estimated to be around $20 million per year. Her competition winnings and other business ventures contribute to her annual earnings, but the exact figures are not publicly disclosed. Her annual income has significantly increased over the years, thanks to her continued success and growing popularity in the sports world.

Frequently Asked Questions about  Somone 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 endorsements, sponsorships, competition winnings, and her own gymnastics brand.

3. Which companies does Simone Biles endorse?

Simone Biles has endorsement deals with companies like Nike, United Airlines, and Kellogg’s.

4. Does Simone Biles have her own gym?

Yes, Simone Biles has her own gymnastics facility called “World Champions Centre” in Texas.

5. How many Olympic medals has Simone Biles won?

Simone Biles has won a total of 7 Olympic medals, including 4 gold, 1 silver, and 2 bronze.

6. What is Simone Biles’ highest gymnastics achievement?

Simone Biles is the most decorated American gymnast, with a combined total of 32 Olympic and World Championship medals.

7. What is Simone Biles’ signature move called?

Simone Biles’ signature move is the “Biles” which is a round-off onto the handspring onto a double layout with a half twist.

8. Does Simone Biles have any siblings?

Yes, Simone Biles has three siblings: Tevin, Shi-Kerry, and Adria.

9. What is Simone Biles’ height and weight?

Simone Biles is 4 feet 8 inches (142 cm) tall and weighs around 109 lbs (49 kg).

10. What is Simone Biles’ Instagram handle?

Simone Biles’ Instagram handle is @simonebiles.