Simone Biles’ flips aren’t just jaw-dropping, they’re money-making. With a staggering $25 million net worth in 2025, the 7-time Olympic medalist is officially the richest gymnast in history. But here’s the kicker: almost none of that fortune comes from actual gymnastics competitions.
So, how did Simone Biles turn her Olympic stardom into a financial empire? And why did she ditch Nike for Athleta just before the Tokyo Games? Let’s dive deep into her biography, career milestones, endorsements, and the surprising ways she built her $25 million fortune.
Quick Simone Biles Bio (for the Curious)
| Fact | Details |
|---|---|
| Full Name | Simone Arianne Biles |
| Born | March 14, 1997 – Columbus, Ohio |
| Age in 2025 | 28 years old |
| Height | 4 feet 8 inches (1.42 m) |
| Olympic Medals | 7 (4 Gold, 2 Silver, 1 Bronze) |
| World Championships | 25+ medals (most decorated gymnast in history) |
| Net Worth | $25 million (2025) |
| Biggest Sponsors | Athleta, Visa, UberEats, United Airlines, Subway, MasterClass |
| Married To | Jonathan Owens (NFL player) |
How Simone Biles’ Story Began (Hint: It Wasn’t Easy)
Simone Biles’ journey feels like a movie script. Born in 1997, she spent part of her childhood in foster care before being adopted by her grandparents. Money was tight, food wasn’t always guaranteed, and life felt unstable.
But at age 6, fate stepped in. On a daycare field trip, she wandered into a gymnastics gym and started mimicking the athletes. A coach spotted her raw talent, and the rest is history. By age 10, she was already competing at Level 8, a skill level most kids can only dream about.
By 2013, she made history as the first Black woman to win the World All-Around title, setting the stage for superstardom.
Rio Gold, Tokyo Struggles, Paris Redemption
The 2016 Rio Olympics was Biles’ coronation—four gold medals and one bronze, making her the face of USA Gymnastics.
Then came the Tokyo Games in 2021, where she stunned the world by withdrawing from five events due to mental health struggles and a dangerous condition known as “the twisties,” where gymnasts lose air awareness mid-routine.
Still, she managed to win a bronze on balance beam and silver in the women’s team final, proving her resilience.
Fast-forward to 2024 Paris: Biles silenced any doubters by claiming three gold medals and one silver, solidifying her GOAT (Greatest of All Time) status.
Simone Biles Net Worth in 2025: How She Hit $25 Million
Here’s the headline figure: Simone Biles is worth $25 million in 2025.
But most of that money doesn’t come from gymnastics competitions. Olympic athletes, even the legends, don’t earn NBA-style paychecks. In the U.S., they’re awarded:
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$37,500 for gold
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$22,500 for silver
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$15,000 for bronze
Across all her medals, Biles has earned roughly $147,500 from Olympic prize money—a drop in the bucket compared to her endorsement empire.
Endorsements: The Real Paycheck
Simone Biles is a sponsor’s dream—talented, relatable, and a proven role model. Her brand deals include:
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Athleta (her main sponsor since leaving Nike)
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Visa
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UberEats
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United Airlines
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Subway
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Powerade
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MasterClass
These deals bring in $5 million to $10 million per year, with 2022 alone earning her $10 million thanks to big campaigns like a Super Bowl ad.
Why She Left Nike (And Why It Paid Off)
Simone Biles was signed to Nike in 2015, but she switched to Athleta in 2021, just before the Tokyo Games.
Her reason? Athleta aligned more with her values.
“It wasn’t just about my achievements; it’s about what I stand for and how they were going to help me be a voice for females and kids,” she told The Wall Street Journal.
Nike, meanwhile, was facing criticism for its treatment of pregnant athletes—a controversy Biles wanted no part of. The move paid off financially and reputationally, as Athleta pushed her as a face not just of sports, but empowerment.
Is Simone Biles Really the Richest Gymnast Ever?
Yes—and by a landslide. With her $25 million net worth, she’s wealthier than any other gymnast in history, far surpassing figures like Shawn Johnson ($9 million).
She even cracked Forbes’ Top 10 highest-paid female athletes in 2022, proving her brand power goes well beyond gymnastics.
How She Spends Her Millions
Unlike many athletes, Biles is surprisingly down-to-earth with her spending.
“I will only splurge if I earned it,” she’s said in interviews.
Sure, she owns a dream home in Texas and enjoys luxury vacations, but she’s far from a reckless spender, focusing more on stability and philanthropy.
Quick FAQs
What is Simone Biles’ net worth in 2025?
She’s worth $25 million, making her the richest gymnast alive.
How much does she make annually?
Between $5 million and $10 million, mostly from sponsorships.
Does she still compete?
Yes! She recently won three golds and one silver at the 2024 Paris Olympics.
Who is Simone Biles married to?
She’s married to Jonathan Owens, an NFL player.
The Bottom Line
From a foster care kid to a $25 million global superstar, Simone Biles is proof that success is about more than just medals. It’s about resilience, branding, and knowing your worth—literally.
She’s not just rewriting gymnastics history—she’s redefining what it means to be a successful athlete.
Also read: Aly Raisman Net Worth: A Champion’s Financial Journey
