Simone Biles Net Worth

Last Modified Apr 30, 2024 15:51 IST
Simone Biles
Simone Biles


Simone Arianne Biles, born on March 14, 1997, stands as an iconic American artistic gymnast, widely recognized as the greatest of all time. Her achievements include being the most decorated gymnast in history, with seven Olympic gymnastics medals. Her exceptional prowess extends to winning 30 Gymnastics World Championships medals, primarily gold, marking her unparalleled success in the sport.Biles' triumphs at the 2016 Summer Olympics in Rio de Janeiro, where she secured individual gold medals in the all-around, vault, and floor, along with contributions to the gold-winning United States team, dubbed the "Final Five," solidified her legacy.


Despite facing challenges at the 2020 Summer Olympics in Tokyo, where she withdrew from most events due to "the twisties," Biles still managed to win a silver medal with her team and a bronze medal on the balance beam. Beyond the Olympics, she has a stellar record as a six-time World all-around champion, six-time World floor exercise champion, and four-time World balance beam champion, among other remarkable titles. In 2022, Biles received the prestigious Presidential Medal of Freedom from Joe Biden, and in 2023, she secured her eighth U.S.


Simone Biles Personal Information


Real NameSimone Arianne Biles Owens
Height4 ft 8 in (142 cm)
Weight47 kg
DOB (Age)March 14, 1997 (age 26)
CountrySpring, Texas, U.S.
SportWomen's artistic gymnastics
Event(s)
Medal(s)Olympic Games Gold medal – first place 2016 Rio de Janeiro Team Gold medal – first place 2016 Rio de Janeiro All-around Gold medal – first place 2016 Rio de Janeiro Vault Gold medal – first place 2016 Rio de Janeiro Floor exercise Silver medal – second place 2020 Tokyo Team Bronze medal – third place 2016 Rio de Janeiro Balance beam Bronze medal – third place 2020 Tokyo
Balance beam World Championships Gold medal – first place 2013 Antwerp All-around Gold medal – first place 2013 Antwerp Floor exercise Gold medal – first place 2014 Nanning Team Gold medal – first place 2014 Nanning All-around Gold medal – first place 2014 Nanning Balance beam Gold medal – first place 2014 Nanning Floor exercise Gold medal – first place 2015 Glasgow Team Gold medal – first place 2015 Glasgow All-around Gold medal – first place 2015 Glasgow Balance beam Gold medal – first place 2015 Glasgow Floor exercise Gold medal – first place 2018 Doha Team Gold medal – first place 2018 Doha All-around Gold medal – first place 2018 Doha Vault Gold medal – first place 2018 Doha Floor exercise Gold medal – first place 2019 Stuttgart Team Gold medal – first place 2019 Stuttgart All-around Gold medal – first place 2019 Stuttgart Vault Gold medal – first place 2019 Stuttgart Balance beam Gold medal – first place 2019 Stuttgart Floor exercise Gold medal – first place 2023 Antwerp Team Gold medal – first place 2023 Antwerp All-around Gold medal – first place 2023 Antwerp Balance beam Gold medal – first place 2023 Antwerp Floor exercise Silver medal – second place 2013 Antwerp Vault Silver medal – second place 2014 Nanning Vault Silver medal – second place 2018 Doha Uneven bars Silver medal – second place 2023 Antwerp Vault Bronze medal – third place 2013 Antwerp Balance beam Bronze medal – third place 2015 Glasgow Vault Bronze medal – third place 2018 Doha Balance beam
Pacific Rim Championships Gold medal – first place 2016 Everett Team Gold medal – first place 2016 Everett All-around
Net Worth$10 million
CollegeUniversity of the People (UoPeople)
Partner/SpouseJonathan Owens
Zodiac SignPisces



Simone Biles Net Worth 2023

As reported by Forbes, Simone Arianne Biles, born on March 14, 1997, is an accomplished American artistic gymnast with seven Olympic medals, showcasing her unparalleled excellence in the sport. Her outstanding performance includes earning four gold medals and one bronze in the 2016 Rio Games, as well as securing silver and bronze medals in the Tokyo Olympics in 2021, as per the Olympics records.


Simone Biles not only excels in the gymnastics arena but also reaps financial rewards for her Olympic achievements. The Olympics provide cash incentives for medalists, with the breakdown for 2022, as reported by Forbes, being $37,500 for each gold medal, $22,500 for each silver, and $15,000 for each bronze. For the 2016 Rio Games, the respective amounts were $25,000, $15,000, and $10,000. As of 2021, she was earning a substantial $5 million annually in endorsements, surpassing other notable athletes. Forbes estimated her off-field earnings at $10 million in 2022, solidifying her position on the list of Highest-Paid Female Athletes. With solid endorsement deals and a thriving career, Simone Biles continues to make a significant impact both on and off the gymnastics mat.


Simone Biles Sources Of Income

Simone Biles, a decorated gymnast, stands as an Olympic powerhouse with an impressive collection of seven Olympic medals. Her achievements include securing four gold medals and one bronze at the 2016 Rio Games, followed by additional silver and bronze medals from the Tokyo Olympics in 2021. The monetary rewards accompanying Olympic success are notable, with Forbes revealing the breakdown for 2022: $37,500 for each gold medal, $22,500 for silver, and $15,000 for bronze. A similar breakdown applied to the 2016 Rio Games, with Simone earning $25,000 for each gold, $15,000 for silver, and $10,000 for bronze. Although the Olympics cover certain expenses like food and travel, Simone's personal winnings totaled approximately $147,500.


In 2021, Forbes reported her annual endorsement income surpassing $5 million, positioning her ahead of peers like Katie Ledecky and Sue Bird. Simone boasts affiliations with major brands, including Athleta, Beats by Dre, Candid Dental, Core Power Fitness Shakes, GK Elite, Hershey's, Kellogg's, MasterClass, Mattress Firm, SK-II, Uber Eats, United Airlines, and Visa. Forbes listed her as one of the Highest-Paid Female Athletes in 2022, estimating her off-field earnings at an impressive $10 million. With a strong Instagram following of 6.8 million, Simone Biles has become an attractive endorser for advertisers, leveraging her platform to roll out numerous sponsored content, further contributing to her multifaceted financial success.


Simone Biles Expenditure

Simone Biles, in addition to her sporting prowess, invests in real estate and lifestyle. In 2021, Biles purchased a stunning 4,000-square-foot home near Houston, Texas, featuring four bedrooms, three-and-a-half bathrooms, and a pool installed post-purchase. The property, valued approximately $750,000 according to property records, stands as a testament to Biles's expenditure.


Simone, alongside her NFL player husband Jonathan Owens and their English Bulldog Zeus, resides in this beautiful home. The couple, adding another layer to their life story, got engaged in February 2022, with Jonathan Owens proposing using an eight-carat engagement ring worth approximately $300,000, as reported by Us Magazine. While specific details about Jonathan Owens's net worth vary across sources, with some estimating around $7 million and others suggesting $50 million, Life And Style reports it at approximately $5 million. Jonathan's financial journey includes a two-year contract with the Houston Texans in 2020, valued at $1.39 million, and as of 2023, he signed a new one-year contract with the Green Bay Packers, worth $1.01 million according to Sportrac.


FAQ on Simone Biles Net Worth

How much does Simone Biles get paid?

Simone Biles, is the eighth-highest-paid female athlete globally. She earns around $10 million as of December 2022, mostly from sources outside of gymnastics, according to Forbes.

How much is Simone Biles' husband net worth?

Life And Style reports Jonathan Owens' net worth at around $5 million.

Does Simone Biles have a mansion?

In 2021, Biles bought a beautiful 4,000-square-foot house close to Houston, Texas. The house has four bedrooms, three-and-a-half bathrooms, and a pool that Simone added after buying it.

Is Simone Biles a billionaire?

Simone Biles’ net worth according to Forbes is around $10 million.

Who owns Simone Biles gym?

Biles gym is owned by Simone Biles parents, Nellie and Ron Biles.

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