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Simone Biles net worth 2024. How much money does the greatest Olympic gymnast have?

SIMONE BILES PHOTO: COURTESY: ATHLETA
Simone Biles was the face of numerous high-profile endorsement deals, significantly boosting her financial standing.

Simone Biles, already celebrated as the most decorated American gymnast of all time, has just clinched her first gold medal at the 2024 Paris Olympics. This monumental victory solidifies her position as the greatest gymnast ever, boasting a staggering total of 33 medals, surpassing all previous records in both Olympic and World Championships.

Early Life and Rise to Fame

Born on March 14, 1997, in Columbus, Ohio, Simone Arianne Biles faced a challenging childhood, frequently moving in and out of foster care. Her fortunes changed when her grandmother assumed guardianship, providing a nurturing home in Houston, Texas.

Biles, raised in a Catholic household with strong ties to Belize through her mother, holds dual citizenship. Her gymnastic talent became apparent early, leading to a transition to homeschooling to accommodate her rigorous training schedule.

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A Stellar Career Marked by Dominance and Resilience

Simone’s gymnastic career took off at an early age. By 16, she was not only competing but dominating the US Championships, a title she has claimed an unprecedented eight times. Her performance at the 2016 Rio Olympics was nothing short of legendary, capturing individual gold in the all-around, vault, and floor exercise, alongside team gold.

Despite a setback during the 2020 Tokyo Olympics where she experienced “the twisties,” affecting her performance, Biles made a strong comeback, proving her resilience and dedication to the sport.

Financial Empire Through Endorsements

Simone was the face of numerous high-profile endorsement deals, significantly boosting her financial standing.

Her partnerships spanned across major brands such as Athleta, Visa, and Uber Eats, contributing to a reported net worth of $20 million by 2024.

Her switch from Nike to Athleta in 2021 marked a significant shift, choosing a brand more aligned with her personal values and advocacy for women’s rights and mental health.

Advocacy and Personal Life

Off the mat, Simone has been a vocal advocate for athletes’ safety and mental health, a stance reinforced by her own experiences with abuse within the sport. Her personal life saw her marrying NFL player Jonathan Owens in 2023, with whom she shares a mutual support that complements her professional endeavors.

Brands that sponsor Simone Biles

  • United Airlines
  • The Hershey Company
  • Procter & Gamble
  • Mattress Firm
  • Spieth America
  • Beats by Dre
  • Athleta
  • Visa
  • Oreo
  • Uber Eats
  • MasterClass
  • Facebook Watch

Simone Biles’s influence stretches far beyond her Olympic golds. Her financial success is mirrored by her impact as a role model for perseverance, advocacy, and integrity in sports. As she continues to compete and champion causes important to her, Simone Biles remains not just a gymnastic phenom but a formidable force in shaping the future of athletics and beyond.

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