How Much Does Simone Biles Make? Her Net Worth and Salary Revealed
Simone and Jonathan reportedly live in a $2 million mansion in Houston.
Updated July 30 2024, 10:06 a.m. ET
The 27-year-old gymnastics star Simone Biles became a household name after the 2016 Summer Olympics in Rio de Janeiro, where she won five medals, including four golds.
According to the official Olympics website, the seven-time Olympic medalist has already won a total of seven Olympic medals: four gold, one silver, and two bronze. Additionally, she boasts an impressive 30 World Championship medals, 23 of which are gold. Needless to say, we understand why Simone is considered the G.O.A.T of her sport.
While we are well aware of Simone's incredible talent and abilities, fans of the 4 ft. 8 in. gymnast are curious about her net worth and earnings from gymnastics. Keep reading while we fill in all the blanks.
What is Simone Biles's net worth?
It's hard to know how much exactly this gymnast is worth, especially since estimates online are all over the place. According to Celebrity Net Worth, Simone's net worth stands at $20 million, a far higher figure than the $2 million she was estimated to be worth in 2021.
Simone Biles
American gymnast
Net worth: $20 million
Simone Biles has repeatedly made history with her flawless and unparalleled performances. The seven-time Olympic medalist, who started her gymnastic journey at the young age of six, boasts a remarkable collection of seven Olympic medals and 30 World Championship medals.
Birthdate: March 14, 1997
Birthplace: Columbus, Ohio
Education: University of the People (UoPeople)
Relationships: Married to Jonathan Owens (2023-present)
Parents: Ronald and Nellie Biles (parents)/Shanon Biles and Kelvin Clemons (biological parents)
Forbes noted that Simone earns approximately $100,000 from her salary and winnings, and $7 million from endorsements. With much of her net worth fueled by partnerships and endorsement deals, you might be wondering who is backing this decorated gymnast. Let's take a look at some of her sponsors.
Who are Simone Biles' sponsors?
Simone signed a major deal with Nike in 2015 and represented the mega-brand at her first summer games in the 2016 Olympics. However, in 2021, Simone joined a long list of athletes who parted ways with Nike.
Simone later inked a deal to represent women's clothing brand Athleta, a division of Gap, which she said aligned better with her values. "I think they stand for everything that I stand for," she said to The Wall Street Journal, per the New York Times in April 2021.
She added, "Using my voice has been very empowering for me and I am grateful to embark on this new journey with Athleta to inspire young girls and women to do the same."
She continued, "I admire Athleta for their commitment to recognize and support women's individual and collective strength."
Rather than wearing Nike's swoosh at the 2020 Tokyo games, Simone — and the rest of the United States Olympic team — were outfitted in uniforms made by GK Elite.
According to Fan Buzz, the athletic clothing brand isn't Simone's only sponsor. She also counts endorsement deals from Hershey, Kellogg, Beats by Dre, and Octagon. Plus, a quick scroll through her social media pages also shows she formed partnerships with SK-II, GoogleIO, U.S. Bank, and Visa Capital One.
Who is Simone Biles's husband?
Simone has been smitten with 29-year-old NFL star Jonathan Owens since they began dating in March 2020. The couple got engaged in March 2022 and tied the knot in April 2024. Both Jonathan and Simone are all over each other's Instagram accounts, where they're pictured traveling, cuddling, and cheering each other on in their respective sports.
These two sports stars are definitely #MarriageGoals!