Simone Biles is an American gymnast and Olympic gold medalist who is considered one of the best athletes in the world. So, how much is Simone Biles worth?
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Simone Biles’ Net Worth
Simone Biles is an American artistic gymnast. She is the Olympic individual all-around, vault and floor gold medalist, and balance beam silver medalist. She is also a four-time World all-around champion. As of 2020, Simone Biles’ net worth is $2 million.
Simone Biles’ Endorsements
As of June 2020, Simone Biles’ net worth is $4 million. This includes her $2 million salary from the US Olympic Committee, as well as her many endorsement deals. Some of Simone’s biggest endorsements are with Nike, Beats by Dre, Hershey’s, Procter & Gamble, and more.
Simone Biles’ Competition Winnings
As of 2020, Simone Biles’ net worth is $2 million. Most of Simone’s earnings come from her many competition winnings. So far, she has earned a total of $4,395,212 in prize money from international competitions alone. Here is a breakdown of her biggest earnings:
- $1,000,000 from the 2020 Olympic Games
- $500,000 from the 2019 World Championships
- $300,000 from the 2018 World Championships
- $200,000 from the 2016 Olympic Games
- $100,000 from the 2015 World Championships
How Much is Simone Biles Worth?
Simone Biles is an American artistic gymnast who has won various championships throughout her career. She is the most decorated American gymnast and is considered to be one of the best gymnasts in the world. As of 2020, Simone Biles’ net worth is estimated to be $4 million.
Simone Biles’ Net Worth
As of 2020, Simone Biles’ net worth is $2 million.
Simone Biles is an American artistic gymnast. She is the Olympic individual all-around, vault and floor gold medalist, as well as the leader of the “Final Five” U.S. women’s gymnastics team at the 2016 Summer Olympics.
Simone Biles’ Endorsements
Nike
Simone Biles has had a long-standing relationship with Nike and was even featured in one of their commercials during the 2016 Olympics. She signed a comprehensive endorsement deal with the company in 2015 that is believed to be worth six figures annually. It’s unclear how much her deal was worth at the time, but it’s likely that it has increased given her continued success.
Under Armour
In early 2017, it was announced that Biles had signed a deal with Under Armour. The specifics of the deal have not been disclosed, but it is believed to be worth seven figures annually. This makes her one of the highest-paid gymnasts in the world.
Procter & Gamble
Biles has also worked with Procter & Gamble as part of their “Thank You Mom” campaign leading up to and during the 2016 Olympics. She appeared in several commercials for brands like Tide, Pampers, and Olay. It’s unclear how much she was paid for her work with Procter & Gamble, but it is likely that she made millions of dollars from the partnership.
Simone Biles’ Competition Winnings
As of 2021, Simone Biles’ net worth is estimated to be $22 million. This includes her prize money from competition, endorsements, and other earnings.
Simone Biles is a world-renowned gymnast who has won a total of 25 Olympic and World Championship medals. In 2016, she became the first woman to win four gold medals in a single Olympic games. As her career has progressed, she has become one of the most decorated gymnasts in history.
Biles’ competition winnings alone have contributed significantly to her net worth. She has earned over $2 million in prize money from the Olympics, World Championships, and other competitions. In addition to her competition earnings, Biles also earns money from endorsement deals with companies like Nike, Procter & Gamble, and Hershey’s. She also has a book deal and a clothing line with Target. All of these deals have helped contribute to Simone Biles’ net worth.