{"id":383115,"date":"2024-07-17T10:21:20","date_gmt":"2024-07-17T10:21:20","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=383115"},"modified":"2024-07-17T10:23:57","modified_gmt":"2024-07-17T10:23:57","slug":"simone-biles-net-worth","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/simone-biles-net-worth","title":{"rendered":"What is Simone Biles’ Net Worth?"},"content":{"rendered":"
There are few athletes who can make a genuine claim to the best of all time in their sport, but Simone Biles is one of them. And her net worth reflects that.<\/p>\n
The record-breaking gymnast has won more medals than any before her, including an unbelievable haul of four gold medals at the 2016 Rio Olympics. She was just 19 at the time. Who knows what odds you could\u2019ve got for that at Olympics betting sites<\/a> at the time?<\/p>\n Since then, the highly marketable athlete has gone on to break more records and tot up more sponsorships. But where does that leave Biles\u2019 net worth?<\/p>\n If you\u2019re wondering what Simone Biles’ net worth is down to the dollar and cent, you\u2019ll have to rifle through her trash and hope to find a letter from Chase. But if you\u2019re comfortable with a recent estimate, we\u2019ve got you.<\/p>\n The latest reports estimate that Simone Biles has a net worth of approximately $16 million<\/strong>.<\/p>\n Despite the grueling training required to become a gold-medal Olympian, the payouts aren\u2019t that huge for US stars.<\/p>\n If you feel like dusting off your leotard, here\u2019s what you could earn at the Olympics:<\/p>\n If you\u2019re going to make a substantial sum from Olympic medals, you\u2019re going to need to win a whole bunch of them. And that\u2019s exactly what Biles has done.<\/p>\n With a combined total of 37 Olympic and World Championship medals, no gymnast has ever won more in history.<\/p>\n That includes four golds at the Olympics and another 23 at World Championship level. That in itself is a world record.<\/p>\n She\u2019s one of the top 10 highest-paid female athletes in the world, but a lot of her cash flows in from outside of her craft.<\/p>\n Some reports place her career earnings under $200,000, which is wild for someone who\u2019s arguably the best there\u2019s ever been!<\/p>\n Luckily, Biles has stacked up her net worth with other ideas\u2026<\/p>\n It\u2019s always good to rub shoulders with the rich and powerful if you want to boost those sponsorships, and we\u2019re certain Biles\u2019 net worth wasn\u2019t hurt when she received the Presidential Medal of Freedom<\/a> from Joe Biden in 2022.<\/p>\n And we\u2019re sure that shifted a few extra copies of her 2021 autobiography, “Courage to Soar: A Body in Motion, A Life in Balance.”<\/p>\n Everyone loves a comeback story, and we could have one about to unfold before our eyes.<\/p>\n After smashing the Rio Olympics with four gold medals and a bronze, Simone received some heat after dropping out of multiple events at Tokyo 2020, much to the surprise of fans and the top online sportsbooks<\/a> alike.<\/p>\n Gymnasts retire very young, and that could\u2019ve been that. But she sprung back onto the scene in 2023 and is now on the precipice of a higher number of medals, a higher number of records \u2013 and an even higher net worth.<\/p>\n The wholesome comeback story fits perfectly with Biles\u2019 brand.<\/p>\n Like her work with healthy dog snack brand Nulo, complete with adorable photo ops. And a move from Nike to Athleta which, she claimed, was partly based on ethical stances.<\/p>\nSimone Biles Net Worth<\/span><\/h2>\n
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Career Earnings<\/span><\/h2>\n
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Business Ventures<\/span><\/h2>\n
Endorsements & Sponsors<\/span><\/h2>\n