Simone Biles, widely regarded as one of the greatest gymnasts of all time, continues to captivate the world not just with her extraordinary athletic achievements but also with her financial success and personal life. As of 2025, Simone Biles boasts an estimated net worth of around $25 million, built through a combination of remarkable sporting prowess, lucrative endorsement deals, and various business ventures.
At 28 years old, Biles has accumulated over 30 medals throughout her career, including seven Olympic medals (four gold, two silver, and one bronze), making her the most decorated gymnast in history. While prize money from competitions contributes to her earnings, the bulk of her wealth stems from endorsements with global brands such as Athleta, Visa, Uber Eats, and Subway. In fact, her endorsement earnings alone have reached between $5 and $10 million annually.
Biles’s financial success is also bolstered by her ventures beyond gymnastics, including media appearances, fitness programs, and collaborations focused on empowering women and mental health awareness. She owns a home in Texas and is known for her prudent spending habits and philanthropic efforts.
On the personal front, Simone Biles married NFL player Jonathan Owens, and their relationship has drawn public admiration. The couple frequently shares supportive moments on social media, highlighting their bond outside the limelight of intense sports and media attention.
Reflecting on her career and personal growth, Biles remains a powerful role model both on and off the mat. With ongoing projects and the potential for future endorsements, her net worth is expected to grow further, maintaining her status as the richest gymnast in history.
Relationships
In 2017, Biles began a relationship with Stacey Ervin Jr., who is also a gymnast. After three years of dating, the pair split up in 2020. That year, Simone announced that she had begun dating professional football player Jonathan Owens. The couple got engaged on February 15, 2022, and married on April 22, 2023.
Larry Nassar
In 2018, Simone joined many other current and past Olympians to accuse USA gymnastics physician Larry Nassar of sexual assault. Like many of her teammates, she claimed that USA Gymnastics played a direct role in allowing the abuse to continue over a long period of time, and she also accused the organization of attempting to cover it up. She decided not to attend the trial of Nassar in 2018, as she wasn’t emotionally ready to face her abuser.
Real Estate
In 2020, Biles announced on social media that she had purchased a new home, and she showed off a few pics of her new place. Not many details were published about her new residence, although it was clearly spacious and luxurious, with pictures showing tile floors and other details. Despite her famous frugality, it seems that Simone was willing to splurge a little on real estate – a smart investment. Property records show the house cost less than $750,000.
In 2023, Simone announced that she and her now-husband, Jonathan Owens, were breaking ground on a new home.
Back in 2017, Biles announced that she was selling her childhood home in Houston, Texas. The 3,711-square-foot residence hit the housing market with a price tag of $289,000. According to the HAR listing, the home sold for between $250,001 and $285,000.
Endorsements
Simone Biles has supplemented her gymnastics income with a range of brand endorsements over the years. Prior to the 2016 Olympics, she famously appeared in a Tide commercial alongside a number of other gymnasts.
In 2015, she signed an exclusive, long-term deal with Nike and a contract with GK Elite Sportswear to produce a line of Simone Biles leotards.
In August 2016, Simone and her fellow “Final Five” teammates appeared on the cover of a special edition Wheaties box.
After her success at the 2016 games, Simone signed lucrative endorsement contracts with the following brands, just to name a few:
- United Airlines
- The Hershey Company
- Procter & Gamble
- Mattress Firm
- Spieth America
- Beats by Dre
- Athleta
- Visa
- Oreo
- Uber Eats
- MasterClass
- Facebook Watch
Leading up to and during the 2020 games, Simone was the highest-paid Olympic athlete in terms of endorsements. From 2019 through 2021, she earned at least $20 million from endorsements.
In April 2021, just three months before the 2020 Olympics, Simone famously announced she had dropped Nike and signed with Athleta. Included in the deal was a commitment from Athleta to arrange a national exhibition for Simone after the Olympics, in direct competition with a similar exhibition traditionally organized by USA Gymnastics. Simone and Athleta will also produce a line of activewear.
Simone reportedly left Nike because she no longer felt that the company matched her values. Specifically, she was concerned about Nike’s track record of scandals, employee complaints, and other controversies that have dogged the dominant sportswear company in recent years.
