Simone Biles is not only a legendary gymnast but also one of the richest athletes in the world of gymnastics. Over the years, her incredible performances, global fame, and brand endorsements have made her a millionaire. In this article, we’ll explore Simone Biles net worth in 2025, how she made her money, and where she stands today.
Who Is Simone Biles?
Simone Biles is an American artistic gymnast, often considered the greatest gymnast of all time. Born on March 14, 1997, in Columbus, Ohio, she has won over 30 Olympic and World Championship medals, making her one of the most decorated gymnasts in history.
She first gained global attention during the 2016 Rio Olympics, where she won four gold medals and one bronze. Since then, she has become a household name not just for her athletic ability but also for her strength, resilience, and advocacy for mental health.
Simone Biles Net Worth in 2025
As of 2025, Simone Biles’ net worth is estimated at $16 million to $20 million. According to various sources including Forbes and Celebrity Net Worth, this figure includes her:
- Competition winnings
- Sponsorship deals
- Business ventures
- Media appearances
Her wealth continues to grow due to her global influence, even beyond gymnastics.
How Did Simone Biles Make Her Money?
1. Gymnastics Prize Money
While gymnastics does not pay as much as football or basketball, Biles has earned hundreds of thousands of dollars from international competitions. Olympic medals don’t pay directly, but the U.S. Olympic Committee rewards athletes with:
- $37,500 for each gold medal
- $22,500 for silver
- $15,000 for bronze
With multiple gold medals under her belt, Biles has earned over $200,000 from Olympic medal bonuses alone.
2. Sponsorships and Endorsements
This is the biggest source of Simone Biles’ income. Over the years, she has signed brand deals with:
- Athleta (after parting ways with Nike)
- Visa
- United Airlines
- Core Power
- GK Elite Sportswear
- Beats by Dre
These partnerships reportedly bring her millions of dollars each year. Her move to Athleta was especially notable, as she became a powerful advocate for athletes’ rights and mental health awareness.
3. TV Appearances and Media Deals
Biles has appeared in several TV shows and documentaries, including:
- Dancing with the Stars
- The Simone Biles Story
- Gold Over America Tour
These appearances bring in additional income, and her documentary projects are also licensed by major streaming services, adding to her net worth.
4. Business Ventures
Simone Biles launched her own line of activewear and gymnastics gear in collaboration with brands. She also earns from merchandise sales, speaking events, and brand ambassadorships.
In 2022, she also became part owner of Houston’s gymnastics training facility, further expanding her influence and income in the sport.
Real Estate and Lifestyle
In 2020, Simone Biles purchased a stunning new home in Houston, Texas. She frequently shares photos of her home, dogs, and fiancé (now husband) Jonathan Owens, an NFL player. While she enjoys luxury, Biles is also known for being down-to-earth and family-oriented.
Her real estate holdings and personal brand make her one of the smartest young athletes in terms of financial planning.
Mental Health Advocacy
One of the most powerful things about Biles is that she puts her well-being above fame. During the Tokyo 2020 Olympics (held in 2021), she withdrew from several events to focus on her mental health. While some critics doubted her, most people praised her bravery.
This move helped her become an icon of mental health awareness, earning her more respect—and even more support from sponsors and fans.
Social Media Influence
Biles has over:
- 7 million followers on Instagram
- 1.5 million on Twitter
- Millions of fans across TikTok and YouTube
Her strong online presence boosts her brand value, giving companies another reason to work with her.
Summary of Simone Biles’ Income Sources
Income Source | Estimated Contribution |
---|---|
Gymnastics winnings | $300,000+ |
Brand endorsements | $10–12 million |
Media and TV deals | $2–3 million |
Merchandise/business | $1–2 million |
Real estate | Value-added asset |
Simone Biles is more than just a gymnast. She’s an inspiration, a businesswoman, a mental health advocate, and a global icon. In 2025, her estimated net worth of $16–$20 million proves that success isn’t just about winning gold medals—it’s about standing for something greater.
Whether on the mat or in front of millions of fans, Simone Biles continues to break barriers and build a legacy that will last for generations.