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She\u2019s killed it on the gymnastics floor and<\/em> in the bank! Olympic veteran Simone Biles<\/strong><\/a> stole America\u2019s heart since she first competed on Team USA during the 2016 Olympic games in Rio de Janeiro, Brazil. What is her net worth and how does she make money?\n<\/p>\n The Texas native has an estimated net worth of a whopping $16 million as of 2023, according to Celebrity Net Worth<\/a>.<\/p>\n The competitor began her elite career at the 2011 American Classic in Houston, where she placed third all-around. The following year, she was named to the U.S. Junior National team. In 2013, she moved up to senior elite and made her debut at the American Cup, a senior-level international gymnastics competition.<\/p>\n By 2014, the contender had won an incredible 14 World Championship gold medals<\/a>. Two years later, she was selected to represent the United States at the Olympics for the first time. She won four gold medals and one bronze medal during the summer games.<\/p>\n According to a 2018 report from CNBC, Olympic athletes are paid $37,500 per gold medal<\/a>, $22,500 per silver medal and $15,000 per bronze medal \u2014 so Simone\u2019s Olympic wins have made her a collective $165,000 at the Rio games.<\/p>\n Simone led the U.S. gymnastics team<\/a> to the 2020 Tokyo Summer Olympics, but unfortunately was forced to bow out of several events<\/a> after developing the \u201ctwisties<\/a>,\u201d which caused her to lose spatial awareness during her intense routines. She was still able to come away with a bronze medal in the balance beam competition<\/a> and a silver medal in the women\u2019s team final.<\/p>\n She will once again compete in the Olympics during the 2024 games in Paris.<\/p>\n The world champion has a range of endorsements with popular brands that supplement her gymnastics income, including Nike, Athleta<\/a>, Visa, United Airlines, Spieth America gymnastics equipment, Uber Eats and skincare brand SK-II. Prior to the 2016 Olympics, she shared the screen with several other national gymnasts in a popular commercial for Tide.<\/p>\n Additionally, she starred in the July 2024 Netflix docuseries Simone Biles Rising<\/em>. The docuseries followed her emotional and physical journey returning to competition after she withdrew from the 2020 Olympics.<\/p>\n With a following of 6.6 million on Instagram<\/a> and another 1.6 million on Twitter<\/a>, the athlete has the opportunity to partner with brands on paid social media posts \u2014 which can be incredibly lucrative when you\u2019re the most decorated Olympic gymnast in the United States.<\/p>\n In 2019, the athlete purchased a $2 million mansion in her native Houston, Texas. Simone sold her 3,711-square foot childhood home in the city for $289,000 in 2017.<\/p>\n Simone and then-fianc\u00e9, NFL pro Jonathan Owens<\/strong><\/a>, are going to build their own home together, as she shared a photo of an empty piece of land they purchased on March 5, 2023. \u201cA home is made with love and dreams,\u201d she wrote in the caption, adding, \u201cCheers to breaking ground.\u201d The pair got engaged<\/a> in February 2022 after a year and a half of dating,\u00a0and they tied the knot in April 2023.<\/p>\n<\/p><\/div>\nWhat Is Simone Biles\u2019 Net Worth?<\/h2>\n
How Does Simone Biles Make Money?<\/h2>\n
How Does Simone Biles Make Money Outside of Gymnastics?<\/h2>\n
How Many Social Media Followers Does Simone Biles Have?<\/h2>\n
How Has Simone Biles Made Money in Real Estate?<\/h2>\n