- Starting from Zero: When Simone First Started Making Real Money
- The Come-Up: Building That Simone Biles Net Worth Step by Step
- Peak Success: When Simone Biles Net Worth Went Absolutely Nuts
- Current Money Situation: Living Like the Queen She Is
- Simone's Blueprint for Success: How to Win at Life According to the GOAT
So get this - Simone Biles isn't just the most insane gymnast who ever lived, she's also sitting on a massive $25 million fortune. We're talking about someone who literally went from bouncing between foster homes to becoming the most decorated gymnast in history with 11 Olympic medals. But here's the crazy part - Simone Biles net worth didn't come from winning those shiny medals (because Olympic prize money is actually pretty pathetic). Nope, this 27-year-old absolute legend built her wealth by being incredibly smart about endorsement deals and business moves that basically made her the Jeff Bezos of gymnastics.
Starting from Zero: When Simone First Started Making Real Money

Okay, so let me tell you Simone's origin story because it's honestly heartbreaking and inspiring at the same time. Born in 1997 in Columbus, Ohio, she and her siblings were constantly getting shuffled around foster care because their birth mom was struggling with addiction. When Simone was just 6 years old, she went on this random daycare field trip to a gymnastics center and started copying all the other kids. The gym people were so blown away that they literally sent a letter home saying "this kid needs to do gymnastics."
Her grandmother stepped up in 2000 and was like "okay, I'm raising these kids now," and that's when everything changed. Simone started training for real at age 8 with this coach Aimee Boorman. But hold up - elite gymnastics is ridiculously expensive. We're talking about tens of thousands of dollars every year for training, travel, coaching, all that stuff.
So Simone's first real "job" was basically being a full-time gymnast. She went pro in 2015 when she turned 18, which meant she could finally start making actual money from sponsorships instead of just bleeding her family dry with training costs. Her first big deals were with Nike for clothes and GK Elite for those sparkly leotards gymnasts wear. Nothing crazy money-wise yet, but enough to help pay for all that expensive training.
The Come-Up: Building That Simone Biles Net Worth Step by Step

This is where things get really interesting. In 2015, Simone also scored deals with Core Power protein drinks and got hooked up with Octagon sports agency (the same people who handled Michael Phelps). But the real game-changer was the 2016 Rio Olympics.
Rio was where Simone basically said "hold my beer" to the entire gymnastics world. She won four gold medals and one bronze as part of the "Final Five" team, and suddenly everyone on the planet knew her name. The endorsement deals started pouring in like water - Procter & Gamble, Hershey's, United Airlines, Beats headphones, Mattress Firm, everyone wanted a piece of Simone.
By 2017, Forbes was estimating she was pulling in around $2 million a year just from endorsements. But this chick was smart - she wasn't just another athlete, she was becoming a straight-up cultural icon. She ended up on Wheaties boxes, starred in Super Bowl commercials, and even got her own line of gymnastics equipment.
The secret sauce? Simone wasn't just amazing at gymnastics - she had this incredible personality and wasn't afraid to speak up about important stuff. Brands didn't just want her athletic ability, they wanted her whole vibe.
Peak Success: When Simone Biles Net Worth Went Absolutely Nuts

Around 2019-2021, this is when Simone's money really started getting ridiculous. She was making $5-10 million annually just from endorsements. Forbes kept putting her on their highest-paid female athletes list, and in 2022 she hit #10 with estimated earnings of $10 million that year.
But here's where Simone made the smartest business move ever. In April 2021, right before the Tokyo Olympics, she basically told Nike "peace out" and signed with Athleta instead. This wasn't just about money (though she definitely got paid more) - it was about finding a company that actually supported her voice on stuff that mattered to her.
The Athleta deal was genius because they didn't just want her to wear their clothes, they let her create her own signature lines for both adults and teens. Every time she drops new stuff, it sells out in literally hours. That's how you know your brand is powerful.
Then came 2024 and the Paris Olympics, where Simone's comeback story was absolutely epic. She won three golds and one silver, proving she's still the undisputed GOAT. This performance made her earning potential go through the roof again - experts think she made $11.1 million in 2024 alone.
Current Money Situation: Living Like the Queen She Is

Right now in 2025, Simone Biles net worth is sitting pretty at $25 million, making her not just the richest gymnast ever, but one of the wealthiest Olympic athletes period. Here's how she's spending and making that money:
Endorsement Game Strong: This is where most of her cash comes from. She's got deals with Athleta (her biggest one), Visa, United Airlines, Uber Eats, Powerade, Subway, some fancy hair product company K18, Core Power, and Oreo. Industry people think she's making $5-10 million every year just from these partnerships.
Olympic Prize Money: Okay, this part is actually kind of sad. In the U.S., you get $37,500 for gold, $22,500 for silver, and $15,000 for bronze. With all her 11 Olympic medals, Simone has made maybe $310,000 total in prize money. That's not even enough to buy a decent house in most places.
Real Estate Moves: Simone's been smart about property. She sold her childhood home in Houston for around $285,000, bought a new place for under $750,000, and now she and her husband are building this insane $3 million waterfront mansion. Living the dream, honestly.
Business Ventures: Girl's not just sitting on her money - she's opening a restaurant called "Taste of Gold" at Houston's airport in 2025. Plus she's hinted at other business stuff in the works.
Luxury Lifestyle: Let's be real - when you're worth $25 million, you can buy some nice stuff. She's got cars worth about $400,000 (Range Rovers, fancy Mercedes, Dodge Challenger), and recently dropped $450,000 on luxury watches during a shopping trip in Switzerland. Because why not?
Simone's Blueprint for Success: How to Win at Life According to the GOAT

Throughout this whole crazy journey from foster care to $25 million, Simone has basically created a masterclass in how to build success. Her approach is all about mental toughness, staying real, and making smart moves.
- Your Starting Point Doesn't Matter: Simone's always saying "Dream big and then, after that, dream bigger, because I never thought in a million years I would be doing what I'm doing." She started out just wanting a college scholarship but kept pushing her goals higher every time she achieved something.
- Mental Health Comes First, Always: This is probably Simone's most important message. When she stepped back from events at the 2021 Tokyo Olympics to focus on her mental health, she showed everyone that "It's OK not to be OK." She's constantly preaching that "Mental health is just as important as physical health" and "You have to take care of yourself first."
- Be Yourself, Not Someone Else: Simone's brand power comes from being 100% authentic. She says "I'm not the next anyone. I'm the first Simone Biles." She's never tried to be someone else or fit into what people expected, and that realness is exactly why brands love working with her.
- Take Calculated Risks: Simone believes "I'd rather regret the risks that didn't work out than the chances I didn't take at all." When she left Nike for Athleta, people thought she was crazy, but it ended up being the best business move she ever made.
- Work Hard but Don't Forget to Have Fun: Even though she works incredibly hard, Simone always talks about enjoying the process. "You should always have fun and enjoy what you're doing" and "At the end of the day, if I can say I had fun, it was a good day." She proves you can be serious about success while still loving what you do.
- Use Your Platform for Good: Simone learned that when you become successful, you get a voice, and you should use it. "Using my voice has been very empowering for me," she says. Whether she's talking about mental health, supporting abuse survivors, or fighting for social justice, she's never been scared to take stands.
- Perfect Isn't the Point: Even though everyone calls her the GOAT, Simone teaches that "A successful competition for me is always going out there and putting 100 percent into whatever I'm doing. It's not always winning." Success is about giving your best effort, not just collecting trophies.
- Choose Your Circle Wisely: Simone always credits her success to having amazing people around her. "I think it's important to have a good support system in your life," she says. From her grandparents who raised her to her husband and coaches, she's super careful about who she lets into her inner circle.
- Start with What You Have: One of Simone's favorite things to say is "Start where you are, use what you have, do what you can." She didn't wait for perfect circumstances - she just maximized whatever opportunities were right in front of her.
- Make Your Own Luck: Simone believes "Opportunities don't happen. You create them." Instead of sitting around waiting for good things to happen, she's always been super proactive about building her career and brand.
Simone Biles net worth of $25 million is honestly just the beginning of her money story. She's only 27, which means she's got decades left to keep building this empire. With her restaurant opening, potential TV deals, and the fact that her endorsement power is still growing, don't be shocked if she becomes the first gymnast to hit $50 million.
The wildest part? She proved you can actually make serious bank in gymnastics - a sport that traditionally pays basically nothing - by being authentic, taking care of your mental health, and building a brand that goes way beyond just doing amazing flips. Simone didn't just tumble her way to fortune; she built a business empire one brilliant decision at a time.