Simone Biles’ net worth has been a hot topic in the sports world after the USA gymnastics star bagged gold in the team event of the 2024 Paris Olympics.
With the gold medal victory, Biles and her teammates will each earn $37,500 from the U.S. Olympic committee. Considering the massive bonus they are about to get, fans couldn’t help but wonder how much the 27-year-old Biles is actually making as the most popular gymnast in the world.According to Forbes, Biles made $7.1 million in 2023, making her the only gymnast to be listed among last year’s top 20 highest-paid female athletes.Biles’ net worth is reportedly $16 million, having earned an estimated $20 million through endorsement deals throughout her gymnastics career. Her endorsement deals include Coca-Cola, Gap, General Mills, United Airlines, and Visa.July 30, 2024; Paris, France; Simone Biles of the United States holds up the “number one” hand sign after the women’s team final at the Paris 2024 Olympic Summer Games at Bercy Arena.
The Ohio native entered the 2024 Paris Olympics as one of the most established stars in the international games, and she added to an already historic resume in Paris.
Biles helped lead the United States to victory over Italy and Brazil on July 30. The USA gymnastics squad earned 171.296 points, holding a strong lead over Italy, who won silver with 165.494 points.She has now cemented her name as the most decorated U.S. gymпast in Olympic history, surpassing United States legend Shannon Miller, who secured seven medals between the 1992 Barcelona and 1996 Atlanta Games.Following the team competition, Biles will prepare for the all-around event on Thursday, Aug. 1.
Dude has a career earnings of like 6mil… you think she’s making that?
— Nole4Life🍢🍢🍢 (@OmGwTfBbQ117) May 20, 2024
Damn that’s more than a USA athlete will make in a life time
— NbaYounger (@nba77younger) July 29, 2024
Really mind-blowing to me that no one has given Simone a brand deal to increase her net worth above $16 million. If she were an NBA or NFL athlete she’d have significantly more. EVERYONE knows Simone Biles’ name. This really proves how little society values female athletes. pic.twitter.com/h52ccfFAUM
— Duchess Sexpert (@DuchessSexpert) July 17, 2024
Hong Kong gold medalist are leaving Paris with significantly more in bonus money than Team USA medalists 😳
(via @Forbes) pic.twitter.com/Tf5dNp5vbL
— SportsCenter (@SportsCenter) July 29, 2024