As the 2024 Summer Olympics approach, the spotlight is shining brightly on Simone Biles, the world’s most renowned gymnast. With her impressive skills and captivating personality, it’s no wonder that her net worth has become a topic of interest.
According to recent estimates, Simone’s net worth stands at a staggering $16 million, a figure that’s largely fueled by her lucrative endorsement deals. In 2022, she ranked tenth on Forbes‘ list of the world’s highest-paid female athletes, with brand partnerships generating a significant portion of her income.
Simone’s endorsement portfolio is impressive, with major brands like Subway, Powerade, and Athleta partnering with her to promote their products. Her signature activewear collection with Athleta has been particularly successful, and she’s reportedly earned around $10 million from brand deals in 2022 alone.
Simone has been selective about the brands she works with, prioritizing partnerships that align with her values and promote a positive impact. “I’m very picky about the brands I work with,” she said in a 2019 interview. “They have to connect with a wider community and have an impact.”
After taking a break from the 2020 Olympics to focus on her mental health, Simone is now back in top form and ready to compete. With seven gold medals already under her belt, she’s poised to add to her impressive collection and cement her status as the most dominant gymnast of her era.
As the Olympics approach, all eyes will be on Simone, and a strong performance could lead to even more lucrative endorsement opportunities. With her talent, dedication, and commitment to her values, Simone is sure to continue making waves in the world of gymnastics and beyond.
