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Simone Biles

$25 Million
Artistic Gymnast

Quick Facts

Full Name Simone Arianne Biles Owens
Net Worth $25 Million
Profession Artistic Gymnast
Date of Birth March 14, 1997
Nationality American
Height 4'8" (142 cm)
Spouse/Partner Jonathan Owens (m. 2023)
Children None

Biography

Simone Biles’s net worth is $25 million, derived primarily from an endorsement portfolio that has made her one of the highest-paid female athletes in American history. The American artistic gymnast holds the record for most Olympic and World Championship medals of any gymnast — male or female — with 11 Olympic medals (including 7 gold) and 30 World Championship medals (including 23 gold). Four skills in the Code of Points are named after her, a distinction reserved for gymnasts who perform elements at World or Olympic competition that no one else has previously executed.

Updated March 2026: According to Forbes, Biles earned an estimated $7 million from endorsements in 2023, building on an endorsement income base of roughly $20 million between 2019 and 2021. She spoke at the Forbes 30/50 Summit in March 2026, and has stated she remains open to competing at the 2028 Los Angeles Olympics.

Early Life and Education

Simone Arianne Biles was born on March 14, 1997, in Columbus, Ohio. Her biological mother, Shannon Biles, struggled with drug and alcohol addiction, and Simone and her younger sister Adria were placed in foster care as young children. At age six, Simone was legally adopted by her maternal grandfather, Ron Biles, and his wife Nellie Cayetano Biles, who raised her in Spring, Texas, a suburb of Houston. Ron and Nellie Biles are the only parents Simone has publicly acknowledged; she refers to them as “Mom” and “Dad.” She has two older biological siblings, Ashley and Tevin, who were adopted by Nellie’s sister.

Biles first entered a gymnastics gym by accident at age six, during a daycare field trip. The gym’s head coach noticed her natural ability to mimic the moves of older gymnasts and sent a letter home encouraging her parents to enroll her. She began training at Bannon’s Gymnastics in Houston and later moved to World Champions Centre, the gym co-owned by her parents in Spring, Texas. She was homeschooled through high school, earning her diploma in 2015, and chose to turn professional rather than accept a scholarship to UCLA.

Gymnastics Career

2013 — World breakthrough: At just 16, Biles became the first Black woman to win the World all-around title at the 2013 World Artistic Gymnastics Championships in Antwerp, Belgium. She would go on to win the World all-around title five times, a record.

Rio 2016 Olympics: Biles won four gold medals and one bronze at the Rio Games, capturing golds in the individual all-around, vault, floor exercise, and team competition. USA Gymnastics awarded her a performance bonus of approximately $110,000. She entered Rio as the world’s most anticipated gymnast and left as arguably its greatest ever.

2018 — Speaking out: In January 2018, Biles publicly disclosed that she was among the more than 150 athletes sexually abused by USA Gymnastics team doctor Larry Nassar. Her decision to speak out — despite the personal cost — was widely credited with helping compel meaningful institutional accountability.

Tokyo 2020 Olympics (2021): Biles was considered the heavy favorite across all gymnastics events heading into Tokyo. After experiencing a case of the “twisties” — a dangerous disorientation affecting a gymnast’s spatial awareness mid-air — she withdrew from the individual all-around and several apparatus finals to protect her physical safety. She returned to compete in the balance beam final, winning a bronze medal. Her decision was controversial at the time but was subsequently recognized as a significant moment in sports mental health advocacy.

Paris 2024 Olympics: After a three-year competition hiatus, Biles returned to elite gymnastics in 2023 and dominated at the Paris Games, winning three gold medals (team, individual all-around, vault) and one silver (floor exercise), bringing her career Olympic total to 11 medals. She performed a Yurchenko double pike vault — an element so technically demanding it had never previously been attempted by a woman in competition — at the U.S. Classic in 2021 and incorporated it into her competitive repertoire. The skill was named “The Biles II” by the FIG. As of early 2026, she has not announced a competitive schedule for the year.

Named skills: Four skills in the gymnastics Code of Points bear Biles’s name: the Biles (floor exercise), the Biles on beam, the Biles I (vault), and the Biles II (vault, Yurchenko double pike).

How Simone Biles Built Her $25 Million Fortune

  • Athleta (apparel): In 2021, Biles left Nike and signed with Gap-owned Athleta, a deal reported as one of the most significant women’s sports apparel partnerships ever executed. The multiyear agreement, described by multiple outlets as worth tens of millions of dollars in total, gives Biles co-creative input on product lines. Per Forbes, endorsements account for over 90% of her income.
  • GK Elite Sportswear: Biles has a long-standing partnership with GK Elite, the gymnastics apparel brand, which has produced signature leotard lines sold to gymnasts worldwide.
  • Visa, United Airlines, Hershey’s, Uber Eats, Powerade, Beats by Dre, MasterClass: Biles has maintained a diverse roster of mainstream corporate endorsers across banking, travel, food, and consumer electronics. Forbes estimated her endorsement income at roughly $7 million in 2023 and reported cumulative earnings in the $20 million range for the 2019–2021 period.
  • Olympic bonus (~$110,000 per Games): USA Gymnastics offers performance bonuses for Olympic medal wins. Biles received approximately $110,000 following Rio 2016. Olympic performance bonuses are structured and capped, representing a minor component of her total income relative to endorsements.
  • MasterClass, book deals, and media: Biles’s memoir, Courage to Soar (co-written with Michelle Burford, 2016), was adapted into a Lifetime television film. She has also appeared on MasterClass and in multiple documentary productions, generating additional income.

Personal Life

Simone Biles married Jonathan Owens, an NFL safety, on April 22, 2023 — first in a civil ceremony in Houston and then in a larger celebration in Cabo San Lucas, Mexico. Owens played for the Houston Texans before signing with the Green Bay Packers and subsequently the Chicago Bears. Biles has been open about relocating to support his career and has accompanied him throughout his NFL journey. The couple have no children as of early 2026.

Biles has been among the most prominent athlete mental health advocates of her generation. Her withdrawal at the Tokyo Olympics sparked a global conversation about athletic mental health that she has continued to develop through speaking engagements, social media, and media appearances. In March 2026, she spoke at the Forbes 30/50 Summit, addressing topics of leadership, resilience, and women’s empowerment.

In June 2025, Biles publicly clashed with former NCAA swimmer Riley Gaines over the question of transgender athletes in women’s sports, staking out a position in support of inclusion. The exchange attracted significant media attention. She is managed by Octagon and maintains a primary residence in the Houston, Texas area. Ron and Nellie Biles, her adoptive parents, continue to operate World Champions Centre, the gym where Simone trained through her entire elite career.

Frequently Asked Questions

What is Simone Biles’s net worth in 2026?

Simone Biles’s net worth is estimated at $25 million as of 2026. The vast majority of her wealth comes from endorsement deals, which account for more than 90% of her career earnings, per Forbes. Key partners have included Athleta, GK Elite, Visa, United Airlines, and Hershey’s.

How many Olympic medals does Simone Biles have?

Simone Biles has won 11 Olympic medals across three Games: 4 gold and 1 bronze at Rio 2016, 1 silver and 1 bronze at the Tokyo 2020 Games (held in 2021), and 3 gold and 1 silver at the Paris 2024 Olympics. With 7 Olympic gold medals, she is the most decorated American gymnast in history. She has also won 30 World Championship medals (23 gold), making her the most decorated gymnast — male or female — in the history of the World Championships.

Is Simone Biles competing in 2026 or the 2028 Olympics?

As of early 2026, Biles has not announced a competitive schedule for the year, having skipped the 2025 U.S. Classic. She has stated publicly that she is open to competing at the 2028 Los Angeles Olympics but has not committed. At 31 years old in 2028, she would be one of the oldest elite gymnasts in Olympic competition if she were to participate.