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Simone Biles is a name similar to gravity-defying leaps, dazzling routines, and Olympic golds. But beyond the impressive and inspiring moves and record-breaking feats, lies a story of financial savvy and entrepreneurial spirit. How did this young athlete, who once trained on makeshift beams, accumulate a net worth estimated at a staggering $17 million? Let's have a look into the factors that fuel Biles' Net Worth empire.
Simone Biles Net Worth: From Gymnastics Glory to Prize Money
Imagine, at just 19, standing on top of the Olympic podium, four gold medals glinting around your neck. Biles' gymnastics career is a tapestry woven with dedication, talent, and absolute brilliance. Her countless medals, including world and national championships, have undoubtedly contributed to her wealth. While Olympic prize money can be substantial, for Biles, it's just a single brick in the foundation of her financial fortress.
Achievements
-Seven-time Olympic Gold Medalist, 2016 & 2024
-Three-time Olympic Silver Medalist, 2020 & 2024
-Two-time Olympic Bronze Medalist, 2016 & 2024
-Three-time World All-Around champion
-2014 WSF Individual Sportswoman of the Year
-Nine-time U.S. National Championships medalist
-First African-American to win the world all-around title and just the second American to win -back-to-back world all-around titles
-19-time World Championships Gold medalist, 2013, 2014, 2015, 2018, 2019 & 2023
-Three-time World Championships Silver Medalist, 2013, 2014 & 2018
-Three-time World Championships Bronze Medalist, 2015, 2018 & 2023
-American Cup silver medalist
-Two-time U.S. All-Around champion
-2013 International Gymnast Magazine Elite Gymnast of the Year
Endorsements
Biles isn't just a gymnast; she's a brand. Her infectious smile, fierce determination, and steady commitment to social justice have made her a magnet for top brands. Athleta, Nike, Kellogg's, Visa, and Uber Eats are just a few of the giants competing for a piece of Biles magic. These lucrative endorsement deals form the backbone of her financial fortress, with estimates suggesting she earned around $10 million alone.
Also Read: Robert Kraft Net Worth and Other Information
Beyond the Big Names and Brands
But Biles' quick financial decisions extend beyond household brands. She's partnered with gymnastics equipment giants like GK Elite, ensuring a steady income related to her sport. United Airlines, recognizing her influence and travel needs, has also inked a deal with the champion, adding another feather to her sponsorship cap.
Investing in the Future
Biles isn't just spending, she's investing too. Real estate ventures and smart financial decisions have secured her future beyond the fleeting world of professional athletics. Her official autobiography, "Courage to Soar," became a bestseller, further adding to her diversified income streams.
Philanthropic Activities
However, Biles' story isn't just about accumulating wealth. She's a vocal advocate for mental health awareness and sexual assault survivors, channeling her resources into causes close to her heart. The Gold Medalist Fund, her own charitable foundation, empowers young athletes and supports survivors of abuse.
Recent
Aug 2024
Biles won three Gold medals in 2024 Olympic Games. This is her fifth, sixth and seventh gold medal and twelfth overall Olympic medal.
Dec 2023
People love them or not, Simone Biles and her husband Jonathan Owens always manage to spark conversation, and often controversy. Remember when Owens caused a stir by saying he didn't know who Biles was when they first met? Well, he's back at it again with another eyebrow-raising comment.
This time, Owens declared himself the "catch" in their relationship during an interview on the "The Pivot" podcast. As expected, the internet had mixed reactions.
Owens' "Catch" Comment:
"I always say that the men are the catch," Owens said on the podcast, sitting right next to Biles. "So she really booked you," co-host Ryan Clark teased.
Owens laughed and added, "She did, though! Because I was fighting it," he added. "I was afraid to commit... but you know, it happens when least expect it."
The Backlash:
Many people took to social media to criticize Owens' comments, calling them arrogant and disrespectful to Biles, one of the most decorated athletes in the world.
"Not Jonathan Owens saying he 'pulled' Simone Biles. Like, sir, she's Simone Biles," one person tweeted.
"I love Simone and Jonathan, but I can't condone him saying he's the catch in their relationship. She's literally Simone Biles!" another added.
Biles' Response:
Biles, for her part, seemed unfazed by the comments. She took to Instagram to share a series of loved-up photos of herself and Owens, with the caption, "Unbothered ❤️ Just know we locked in over here ."
Owens also posted the same photos on his own Instagram, with the caption, "They can hate all they want. We good over here."
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All net worth figures and other information here are drawn from public resources. While our team here at celebritynetworthfeed.com, we work diligently to make sure that our numbers are close to accurate as much as possible, otherwise, they are only estimates. However, we welcome all corrections and feedback in the comments down below.
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