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Olympic Gymnast Simone Biles’ Massive Net Worth and Her NFL Star Husband | Other | Sports

Simone Biles has a net worth to match her impressive medal count. With eight Olympic medals and 30 World Championship podium finishes to her name, the 27-year-old Texan has been a force to be reckoned with since her first gold in Antwerp in 2013.

She’s already claimed first place at the Paris Summer Games, and she shows no signs of slowing down. Along with teammates Suni Lee, Hezly Rivera, Jade Carey and Jordan Chiles, Biles celebrated victory in the women’s artistic all-around on Tuesday.

They outscored second-placed Italy with a score of 171.296 to 165.494. Brazil took bronze with a score of 164.497, pipping Team GB to the podium. These career victories have significantly boosted Biles’ earnings over the years, and there are still plenty of podium finishes she can compete for. So, what is Simone Biles’ net worth as a result of her incredible gymnastics career?

What is Simone Biles net worth?

Simone Biles’ net worth is estimated to be a staggering $20 million (£15.6 million). While she doesn’t receive a traditional salary like many athletes, Biles has amassed her wealth through prize money from competitions and lucrative endorsement deals with brands including Wheaties, Powerade, Athleta and Nulo.

The superstar has also worked with the likes of Uber Eats, United Airlines, Subway and Beats by Dre throughout her illustrious career. While the exact figures for these endorsements are kept under wraps, Forbes estimated in 2021 that she was earning at least $5m (£3.94m) a year from such deals.

In addition to their regular earnings, Olympic athletes also receive bonuses for winning medals. For example, the U.S. Olympic and Paralympic Committee pays $37,500 (£29,560) to gold medalists at this year’s Paris Games, while silver and bronze medalists from the country will receive $22,500 (£17,725) and $15,000 (£11,813) respectively.

It’s important to mention that these payouts vary by competition, making it difficult to pinpoint exactly how much Biles has earned so far from her five gold, two bronze, and one silver medals. Additionally, her 23 gold medals at the World Championships would also increase her earnings over time.

Biles is married to NFL Chicago Bears star Jonathan Owens, who is worth an estimated $2 million (£1.57 million), according to Celebrity Net Worth. A pretty well-off family, if the numbers are accurate.