Introduction
With over 30 medals to her name and a legacy as the most decorated gymnast in history, Simone Biles has earned not only global admiration but also substantial wealth. As of 2025, Simone Biles’s net worth is estimated to be around $25 million, solidifying her position as one of the highest-earning athletes in gymnastics. Known for her unmatched talent, determination, and grace, Biles has built her fortune from endorsements, book royalties, and investments, in addition to her stellar performances in international competitions.
Simone Biles’s Net Worth: How She Built Her Wealth
Endorsements and Sponsorships
A significant portion of Simone Biles’s wealth comes from her endorsements. According to Forbes, Biles made an impressive $10 million in 2022 from brand partnerships with major companies like United Airlines, Hershey, Oreo, Visa, and Athleta. These sponsorships, along with her significant presence on social media (with 12.4 million followers on Instagram), contribute to a large portion of her annual income.
In 2021, Simone Biles signed a deal with Athleta after ending her longstanding partnership with Nike. Biles explained that the decision to partner with Athleta stemmed from her desire to work with a company that aligned more closely with her values, particularly its support for female athletes and youth empowerment.
Biles’s ability to leverage her personal brand has made her one of the highest-paid female athletes in the world, allowing her to maintain a lucrative income outside of gymnastics.
Book Royalties and Media Ventures
Simone Biles also gained significant wealth through her memoir, “Courage to Soar”, and other media ventures. Her book, which details her journey as a gymnast, her struggles, and triumphs, became a best-seller, contributing to her royalties. While she has not published any new works recently, the royalties from her memoir and speaking engagements continue to add to her net worth.
In 2020, Netflix also paid a significant sum to secure the rights to produce a documentary on Biles’s career, offering additional revenue streams that further solidified her financial status.
Real Estate Investments and Properties
Simone Biles’s Homes
In terms of real estate, Biles has made several strategic moves to build her financial portfolio. In 2017, she sold her childhood home in Houston, Texas, for between $250,000 and $285,000, a modest sale compared to the value of some of her current properties. However, her property portfolio grew significantly after she moved to Spring, Texas, where she purchased a new home in 2020 valued at less than $750,000.
Her most recent investment, which she and her husband Jonathan Owens broke ground on in 2023, has already generated significant public interest. The couple is building a luxury home, expected to increase their overall wealth, especially as real estate values in Texas continue to rise.
Simone Biles’s Olympic Earnings and Other Financial Details
Olympic Medals and Earnings
While Olympic athletes like Biles do not receive a salary for competing, they do earn bonuses for their medal wins. For U.S. athletes, gold medals are worth $37,500, silver medals are worth $22,500, and bronze medals earn $15,000. Simone Biles has won seven Olympic medals, which have contributed to her financial portfolio, alongside the media exposure and endorsements that follow such victories.
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Her medals at the Tokyo 2020 Olympics and Paris 2024 Olympics further enhanced her brand, leading to continued sponsorships and business deals that add to her net worth.
Partnership with Visa and Other Sponsors
As one of the most marketable athletes in the world, Biles has maintained partnerships with global brands such as Visa, MasterClass, and Uber Eats. These endorsements continue to contribute heavily to her wealth, providing not only financial gains but also expanding her influence in the global sports and business arenas.
Simone Biles Net Worth vs Other Athletes
Simone Biles’s net worth of $25 million may be impressive, but it’s relatively modest compared to other global athletes like Serena Williams, Maria Sharapova, and LeBron James. These athletes have branched out into various business ventures and media opportunities, giving them larger financial portfolios. However, Biles’s wealth is still significant in the world of gymnastics, especially considering her self-made wealth, which came primarily from book deals, endorsements, and personal branding.
While she may not be a billionaire like some of her peers, Simone Biles’s financial success proves that an athlete can build wealth through smart investments, business ventures, and a powerful personal brand.
Frequently Asked Questions (FAQs)
1. What is Simone Biles’s net worth in 2025?
Simone Biles’s net worth is estimated to be around $25 million in 2025, primarily derived from endorsements, book royalties, and real estate investments.
2. How much money does Simone Biles make from endorsements?
In 2022, Simone Biles made $10 million from various endorsements with brands like Visa, Hershey, and Athleta.
3. What is the value of Simone Biles’s house?
Simone Biles owns a home in Spring, Texas, valued at less than $750,000 and is building a luxury property with her husband Jonathan Owens.
4. How much does Simone Biles earn from her Olympic medals?
Simone Biles has earned seven Olympic medals, which have brought her bonuses of up to $37,500 for gold medals and $22,500 for silver medals.
Conclusion: Simone Biles’s Legacy and Financial Success
Simone Biles’s net worth of $25 million is a testament to her hard work, talent, and business acumen. From her Olympic achievements to her endorsements with major brands and her real estate investments, Biles has proven that there’s more to success than just gold medals. She is a global icon, using her platform to advocate for mental health and female empowerment, all while building her wealth and securing her financial future.
As she continues to perform and expand her brand, Simone Biles’s wealth is likely to grow, cementing her legacy as not just a gymnast but also a powerful businesswoman and role model.
