One of the most accomplished artistic gymnasts in the United States is Simone Biles Owens. As of 2023, her estimated net worth is $20 million. In addition to the financial awards from numerous competitions and events, the gymnast’s worth has increased significantly due to endorsements.
She has grown to be one of the most well-known female athletes in the world, making her a very marketable brand. Let’s examine Simone Biles’ professional life and financial situation in 2023.
Who is Simone Biles?
| Full Name | Simone Biles Owens |
| Professional Name | Simone Biles |
| Date of Birth | 14-Mar-97 |
| Birthplace | Columbus, Ohio, United States |
| Age | 26 years |
| Nationality | American |
| Ethnicity | African-American |
| Gender | Female |
| Sexuality | Straight |
| Religion | Catholic |
| Zodiac Sign | Pisces |
| Marital Status | Married |
| Spouse | Jonathan Owens (m.2023) |
| Height | 4 Feet 6 inches |
| Weight | 47 Kg |
| Profession | Artistic Gymnast |
| Net Worth | $20 Million |
Simone Biles Owens, better known by her stage name Simone Biles, is an American-born artistic gymnast. Her seven Olympic medals equaled Shannon Miller’s record for the most Olympic medals ever earned by an American gymnast, and she ranked eighth overall.
She and her three siblings were born to Shanon Biles. Shanon didn’t have the funds to raise her children, so she placed all four of them in foster care. After a few years in foster care, Simone and her brothers were eventually taken in by her paternal grandpa and his second wife.
She is the most decorated gymnast in the history of the Gymnastics World Championships, having collected 25 medals, and is widely regarded as the best gymnast of all time. In 2022, Simone received one of the most significant awards, the Presidential Medal of Freedom, from the current president, Joe Biden.
How Much is Simone Biles’s Net Worth?
The artistic gymnast from America, Simone Biles, has a $20 million net worth. She made such a massive fortune through various endorsement deals and contracts spanning years leading up to the Olympics.
Her appealing looks and immense reach is the reason Simone is making an enviable figure for endorsements.
Simone’s Net Worth Trend from 2018 to 2023
| Years | Net Worth |
| 2018 | $11 million |
| 2019 | $12 million |
| 2020 | $14 million |
| 2021 | $15 million |
| 2022 | $17 million |
| 2023 | $20 million |
Career
Beginning of her Elite Career
On 1 July 2011, during the 2011 American Classic in Houston, Simone made her professional debut at the age of 14. She finished third overall, first on the balancing beam and vault, fourth on the floor exercise, and ninth on the uneven bars.
In 2012, Simone competed in her debut competition in the American Classic in Huntsville, Texas. She finished first in the all-around competition and on the vault, tied for second in the floor exercise, third on the balancing beam, and fourth on the uneven bars.
We’ve seen this 8️⃣ times before 🐐#XfinityChamps pic.twitter.com/jD85jOrSGF
— Team USA (@TeamUSA) August 28, 2023
Senior International Debut
In March 2013, Simone made her senior international debut in the FIG World Cup competition known as the American Cup. Both Elizabeth Price and 2012 Olympic gold champion Kyla Ross withdrew from the competition due to injury. Therefore, she and Katelyn Ohashi were chosen as their replacements.
After falling off the beam, Simone came in second place, trailing her colleague Ohashi. To compete in the 2013 City of Jesolo Trophy, Simone headed to Jesolo, Italy. She won the floor exercise, vault, balancing beam, and all-around competitions, in addition to helping the United States team win the gold medal.
She then participated against teams from Germany and Romania at an international tri-meet in Chemnitz, Germany.
2015 AT&T American Cup
On 7 March, Simone participated in the 2015 AT&T American Cup at AT&T Stadium in Arlington, Texas. She scored 62.299, 4.467 points better than her American colleague MyKayla Skinner, who came in second. Simone received a James E. Sullivan Award nomination later that month.
She finished the month by taking home the all-around victory at the 2015 City of Jesolo Trophy with a score of 62.100.
Championships
With a solid performance at the championships in St. Louis, Simone’s monstrous 2016 got off to a strong start. In addition to taking first place in vault, beam, and floor, she won the all-around competition for the fourth consecutive year.
Rio served as Simons’s international debut, as she took home four gold medals in the team, all-around, vault, and floor events.
Simone won gold in Boston’s all-around vault, uneven bars, beam, and floor, capping off a perfect performance.
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Awards and Achievements
With 32 medals, including Olympic and World Championship medals, Simone is the most decorated American gymnast of all time.
During the 2016 Summer Olympics, she achieved the most illustrious feats. She represented the U.S. squad known as the “Final Five.” Simone earned individual gold medals at various competitions.
After a COVID delay, the 2020 Summer Olympics in Tokyo were held in 2021 instead of 2020, and despite Simone’s struggles, she managed to bring home a bronze medal on the balancing beam and a silver with the team.
Her Investments
In America, Simone Biles is a household name. On the global scene, she has earned significant achievements for her country. She also has a number of properties in the U.S. She resides in Spring at a house in Texas. Simone also has a couple of other properties in Ohio and Texas.
Simone has a small car collection, including a stunning Range Rover and Mercedes.
Simone Biles’s Philanthropic Side
Simone experienced time in the foster care system as a youngster, and as an adult, she hoped to be able to help other children in similar situations.
After becoming successful, She consequently began working for Friends of the Children, a charity that matches young people with paid professionals from kindergarten through high school graduation.
Frequently Asked Questions
1. How Much Money Does Simone Biles Make Annually?
According to estimates, Simone makes an annual salary of $1.5 million or more. Brands recognized her popularity and broad reach, making her a desirable candidate for endorsements.
2. What is Simone Biles’ Net Worth?
According to the report, her net worth is around $20 million.
3. Who is Simone Biles Married to?
Simone Biles is married to an American football player of the Green Bay Packers, Jonathan Owens.
Wrapping Up
One of the most recognizable figures of all time, Simone Biles, is a fantastic lady. She is a legendary athlete who has won widespread praise on a global scale. For her country, she has won several gold medals in the Olympics and world championships as an artistic gymnast.
She is a major inspiration to many youngsters. Hopefully, we have provided you with what you were finding, and for more such detailed articles, please revisit our website.
