What you need to know before the 2024 Olympic Games in Paris

Simone Biles is one of the most respected athletes in history and is on the short list of the greatest gymnasts of all time.

Biles has found success not only on the gymnastics mat, but off it as well. Due to her branding and popularity, Biles was named to Forbes’ “30 under 30” at the age of 19 in 2017. In 2015, she signed an exclusive, long-term deal with Nike and a contract with GK Elite Sportswear. According to Celebritynetworth.com, Biles has earned at least $20 million from endorsements from 2019 to 2021.

Here’s what you need to know about Biles’ net worth:

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What is Simone Biles net worth?

According to Celebritynetworth.com, Biles has an estimated net worth of $16 million. The website estimates that Biles has earned around $20 million from endorsements over the course of her career.

Sponsors Simone Biles

According to Forbes.com, Biles has endorsement deals with Coca-Cola, Gap, and General Mills. The website estimates her endorsements to be around $7 million, while her career earnings/salary is $100,000. As of 2023, Biles was the 16th highest-paid female athlete. In 2017, she was named one of Forbes’ “30 under 30” at the age of 19.

Simone Biles and Nike

After signing with Nike in 2015, Biles left Nike for a new apparel sponsorship with Gap’s Athleta brand. Although Biles never shared why she left Nike, she spoke highly of Athleta, which “helps women and girls build strength.”

“I felt like it wasn’t just about my accomplishments, but what I stood for and how they were going to help me use my voice and be a voice for women and children,” Biles told the Wall Street Journal at the time. “I feel like they support me, not just as an athlete, but just as a person outside of the gym and the change I want to create, which is so refreshing.”

The Education of Simone Biles

Biles was born in Columbus, Ohio. Both of her parents struggled with alcoholism and drug addiction. Biles abandoned the family, and her mother was unable to care for Biles and her three siblings. She and her siblings spent three years in foster care after moving to Spring, Texas. Biles and her sister Adria were adopted by their grandparents — Ron and Nellie Biles — when she was 6. Siblings Tevin and Ashley were adopted by Ronald’s sister and raised in Cleveland.

After a trip to Bannon’s Gymnastix in Houston, Texas, Biles caught the eye of a coach who encouraged her to sign up for gymnastics classes.

Simone Biles social media

As of July 10, Biles has over 7.7 million followers on Instagram. On X (formerly Twitter), she has 1.6 million followers, and her TikTok page has 1.6 million followers.

Simon Biles Age

Biles was born on March 14, 1997, making her 27 years old at the time of the 2024 Paris Olympics. She is the oldest gymnast on the U.S. team since 1952, when Marie Margaret Hoesly was the oldest competitor at age 35.

Biles has won a combined 37 Olympic and world championship medals. Biles married Chicago Bears defensive end Jonathan Owens in 2023.

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