Simone Arianne Biles is an American artistic dancer who has won a lot of awards. Aside from the cash prizes she has won at competitions and events, sponsors have made her a lot more valuable.
Biles has worked with many companies, including Athleta, Visa, United Airlines, Spieth America, Mondelez’s Oreo brand, Core Power exercise shakes, Candid teeth aligners, GK Elite gymnastics gear, and Uber Eats, MasterClass, and Facebook Watch.
Simone Biles’ Net Worth in 2024
Accoding to Celebrity Net Worth, Athlete Simone Biles is American and has a net worth of $16 million. Simone is the best American gymnast of all time. She has won 32 medals, including medals at the Olympics and the World Championships. Simone is one of the dancers who has won the most awards in history.
A lot of people think that Simone Biles is the best dancer ever. During the 2016 Summer Olympics, she did some of her most impressive work. At those games, she played for the US team called the “Final Five.” Simone won gold medals in the floor, vault, and all-around events at these games.
She got a bronze medal on the balance beam and a gold medal with the US team. It is a record that Simone has won the US title EIGHT times. In 2013, when she was 16, she won her first US title. In August 2023, when she was 26 years old, she won her eighth US title.
Simone had a hard time at the 2020 Summer Olympics in Tokyo, which happened in 2021 after a COVID-19 delay. She got third place on the balance beam and second place with the team.
She pulled out of some of the games after getting “the twisties,” which is when a gymnast temporarily loses their sense of balance in the air.
Before and after the postponement, Simone had more endorsements than any other US star leading up to the 2020 games. She made around $20 million from deals and contracts that started before the games and will go on for a long time.
Simon Biles’ Income
According to caknowledge.com, Simone Biles gets more than 0.1 million dollars a month and more than $1 million a year as of 2024.
If you seek more celebrity updates and insights, look at our earlier posts where we’ve covered every detail.
How Simone Biles Makes Money
Biles makes money from the following sources:
Events at the Olympics
The money Simone Biles makes mostly comes from winning at the Olympics. As per greenlight.com, she gets $37,500 for each gold medal, $22,500 for each silver medal, and $15,000 for each bronze medal.
Endorsements
There are also partnerships that bring in money for Simone Biles. She is well-known for her work with brands like United Airlines, GK Elite, Athleta, Uber Eats, SK-II, and Visa. She makes about $5 million a year from these advertising deals.
Simone Biles Expenditure
Simone Biles is very good at sports, but she also invests in real estate and her way of life. Biles bought a beautiful 4,000-square-foot home near Houston, Texas, in 2021. The house had four bedrooms, three-and-a-half bathrooms, and a pool that was added after the purchase.
The land, which is worth about $750,000 according to property records, is proof of how much Biles spent. This beautiful house is where Simone lives with her NFL player husband Jonathan Owens and their English Bulldog Zeus. The couple added another chapter to their story when they got engaged in February 2022.
According to Us Magazine, Jonathan Owens proposed an eight-carat ring worth about $300,000.caknowledge.com says that Simone Biles also has a lot of cars, which adds to her costs.
There is a Range Rover Velas worth $58,000 and a Range Rover Evoque Convertible worth $44,000. The Mercedes-AMG G63 is worth $160,000, the Dodge Challenger SRT is worth $73,000, and the Mercedes-AMG GLE 43 is worth $65,000.
Guarantee you’re in the know about celebrities’ fortunes with Wortholino.