Simone Biles Net Worth 2025: The Untold Story Behind Her Fortune
Simone Biles net worth is an astounding $25 million as of 2025. Many people think that Biles is the best dancer of all time, and her wealth shows how good she is at sports.
With seven gold, two silver, and two bronze medals from the Olympics, she has not only ruled her sport but also made sure of her financial future.
Just as impressive are the stats that show how much money Simone Biles makes. Forbes says that she makes at least $5 million a year from endorsements, and from 2019 to 2021, she made at least $20 million just from ads.
She also made about $8.5 million before taxes and agency fees, making her the ninth-highest-paid female athlete in the world in 2023.
We’ll talk in depth about all of Simone Biles’s sources of income in this article, from her Olympic bonuses to her business ventures and strategic brand relationships.
How much Simone Biles earns from gymnastics
When they compete, Olympic dancers don’t get paid like most professional athletes do. Instead, they get money from medal bonuses, stipends, and prizes they win in competitions.
Olympic medal bonuses over the years
Medalists get cash bonuses from the U.S. Gold: $37,500, silver: $22,500, and bronze: $15,000 from the Olympic and Paralympic Committee. Biles has made a lot of money from these bonuses over the course of her Olympic career.
With her four golds and one bronze medal from Rio 2016, Biles brought home eleven grand.
The silver and bronze titles she won at Tokyo 2021 brought in $37,500. Biles also won three gold medals and one silver at the Paris 2024 Olympics, which earned her $135,000.
Interestingly, these medal gains don’t seem like much compared to what other countries make.
Biles would have made about $3.69 million for five gold medals if she had fought for Singapore, which pays $737,000 for each gold medal.
US Gymnastics stipends and competition payouts
Biles gets regular payments for being an elite gymnast on top of her Olympic bonuses. U.S. Gymnasts who win medals at the Olympics and World Championships can earn a monthly bonus of up to $3,000.
This means that Biles could get up to $36,000 a year from these grants.
Biles also benefits from the United States Appreciation for Olympians and Paralympians Act, which was signed into law by President Obama in 2016.
This law says that Olympic athletes don’t have to pay taxes on the money they earn from medals as long as their annual net income is less than $1 million.
What is Simone Biles’ annual salary from gymnastics?
Even though Biles is the best at gymnastics, she doesn’t make much money directly from the sport. In 2023, she made a total of $7.1 million, but only about $100,000 came from gymnastics events and prizes.
She actually makes less than 1.5% of her yearly income from gymnastics. The vast majority of her money comes from endorsements and other business ventures.
This big difference shows that even the most accomplished gymnast in the world makes most of her money from things other than competitions.
The power of Simone Biles’ endorsements
Biles doesn’t make a lot of money from gymnastics alone; partnerships are what make her rich.
Her marketability comes from her amazing athletic successes, her interesting personal story, and her honest social media presence.
Major brands she has worked with
Sponsorship arrangements have been a steady stream for Biles throughout her career. Her list of partnerships includes a lot of well-known names.
At present, Biles is affiliated with Athleta, Visa, United Airlines, Core Power, GK Elite, and Beats by Dre.
She has worked for Hershey’s, Kellogg’s, and Nike in the past. Notably, she was in the famous “Tonight I’ll Be Eating” campaign for Uber Eats with Jonathan Van Ness. The campaign showed off her fun attitude and wide appeal.
Why she left Nike for Athleta
Biles made news when she quit her six-year contract with Nike to work for Athleta in 2021. This strategic move showed that she makes business choices based on her values.
The fact that Athleta allowed Biles greater leeway to express her creativity and adhere to her personal principles led her to choose the brand.
Afterwards, she talked on how Athleta benefited her “not just as an athlete but as a person outside of the gym.”
The partnership gave her her own line of activewear and marked a change toward brands that focused on empowering women.
How much money does Simone Biles make from endorsements?
About 98.5% of Biles’ yearly income comes from endorsements. Her business partnerships bring in about $5 million a year.
The money she made from advertising alone from 2019 to 2021 was close to $20 million.
The difference in money made from competitions and endorsements shows why professional gymnasts look for brand relationships to protect their future finances.
Simone Biles net worth, Forbes estimates
Forbes always lists Biles as one of the best-paid female athletes in the world. She came in ninth place on this elite list in 2023 and made about $8.5 million before taxes and agent fees.
Forbes says simone biles net worth current is about $25 million, which shows how successful her endorsements have been and how well she has managed her money.
With each Olympic cycle, the value of her name keeps going up, which suggests that she has a long way to go before she can make as much as she can.
Business ventures and personal brand
Simone Biles has built a business empire through strategic relationships and brand-building efforts, in addition to winning medals.
Her business efforts show how smart she is at business as well as how good she is at sports.
Leotard line with GK Elite
Biles announced her engagement to GK Elite in 2015. She said it was a “dream come true” to work with the brand she wore all through her career.
After she started making her own line of leotards in 2021, the relationship grew a lot. There are three separate lines in her collection: the original Legacy Collection, the Replica Collection for competitive gymnasts, and the Signature Collection for training gymnasts.
Gymnasts can make their Legacy Collection leotards unique by using GK’s UDesign360 tool to choose from high-end fabrics, decorations, and colors.
Essential Gymnastics Leotards cost between $40 and $70, and the prices of competitive styles change based on the design elements they use.
Athleta activewear collection
In 2021, Biles departed from Nike to join Athleta, a subsidiary of Gap Inc. company that makes sportswear for women.
“By women, for women” is what Athleta happily says, so this partnership fits with her beliefs about empowering women.
Her first collection for adults came out in 2024. It had five pieces for women, two pieces for girls, and a belt bag.
Prices ranged from $28 to $199. The set has the Vital Shine Bra, the High-Rise Shine Leggings, and the signature Sateen Bomber jacket. They are all a unique navy color with a light shine.
Speaking engagements and book deals
Biles gets speaking fees that are out of this world, at least $200,000 per event. Her speech topics include her journey as an athlete, promoting mental health, and being strong in your own life.
She has also written an autobiography called “Courage to Soar,” which is about her journey to Olympic success.
How Simone monetizes her personal brand
Biles knows how to make money from her social media influence because she has over 7 million Instagram followers.
Her income from a single paid post can range from $100,000 to $200,000. Her approach to relationships shows strategic selectivity, as she talks about fewer brands each year than other Olympians but keeps more people interested.
Because of this careful selection of partnerships, the value of the sponsorships is thought to be around $628,000.
Social media, real estate, and lifestyle
Biles’ influence on social media has grown into a huge moneymaker on its own. Her honest online persona goes well with her athletic skills and has created a lot of ways for her to make money outside of standard endorsement deals.
Instagram sponsorships and follower count
On Instagram alone, Biles has more than 12.4 million followers, demonstrating her massive social media following.
Her response rate is about 7.05% per post, which gets her about 876,728 likes and 4,107 comments.
This engagement directly leads to money; a single paid post on Instagram can bring in $30,000 to $60,000 for her.
She has kept real links with her fans throughout her career by sharing training videos, personal moments, and sneak peeks into her relationship with Jonathan Owens.
Real estate investments and home purchases
Biles has basically built up a large collection of properties over time. The most important thing she has invested in is a custom waterfront house in Spring, Texas, which is worth more than $3 million.
There is a personal gym with high ceilings, a home theater, a game room, and marble bathrooms with mirrored ceilings in this high-end property.
She bought homes before, in 2018 and 2020. The house she bought in 2020 was a modern ranch-style home that cost about $750,000.
Her frugal approach to spending
Biles is surprisingly careful with her money, considering how much she has. She once said, “I’m afraid of going broke.”
In fact, she sometimes gives herself the task of not spending any money for days on end. “I will only splurge if I earned it,” she says, explaining that this has been her financial attitude all her life.
This disciplined way of shopping stretches to everyday purchases; she talks about always looking for household goods on sale.
How much money will Simone Biles have in 2025?
Simone Biles is the richest dancer in history. Simone biles net worth is $25 million as of 2025.
Even though she makes most of her money from advertising and not competitions, she has been very good at managing her money, which has helped her keep and grow her wealth.
Conclusion
Simone Biles shows how athleticism can lead to wealth. Her transformation from gymnast to business mogul shows how modern athletes may make money outside competition.
Biles built a $25 million empire on her personal brand despite gymnastics making up less than 1.5% of her revenue.
She deserves credit for her endorsement strategy. Biles partners with brands that share her ideals rather than all brands that approach her.
This meticulous screening has led to more meaningful collaborations and larger deal payments.
Her entrepreneurial activities with GK Elite and Athleta show business savvy beyond athletic success.
She may share her love of gymnastics while generating long-term income streams through these relationships.
She makes a lot of money from sponsored posts on social media. Her genuine connection with millions of followers generates money other athletes can only dream of.
Her wealth management discipline is quite outstanding. Despite earning millions, Biles spends sparingly due to her “fear of going broke.” This financial discipline and real estate investment explain her early fortune.
Biles has perfected the sports wealth-building playbook: medal-winning performances, clever brand alliances, entrepreneurial enterprises, and meticulous financial management.
Future athletes can learn from her that financial success can far outweigh physical success, ensuring affluence long after competition.
