As of 2024, Simone Biles' net worth is estimated at a remarkable $7.1 million, making her one of the wealthiest gymnasts in the world

The majority of Biles' income, a staggering $7 million, comes from lucrative endorsement deals with brands like MasterClass, Athleta, and UberEats.

Despite her unparalleled success in gymnastics, Biles earns relatively little from competing, with only $100,000 of her total income coming from winnings and medals.

In the U.S., Olympic medalists receive $37,500 for gold, $22,500 for silver, and $15,000 for bronze. Biles has earned a total of $185,000 in Olympic medal bonuses throughout her career.

Biles was named the 16th richest female athlete in the world by Forbes in 2023, cementing her status as one of the most financially successful gymnasts.

Biles' Snapchat series, "Daring Simone Biles," earned her a NAACP Image Award in 2023, further diversifying her income streams.

Biles' net worth saw a significant increase following her comeback to gymnastics, which included setting a world championships record and becoming the first woman to complete a vault now known as the "Biles II."

While Biles' net worth is substantial, it pales in comparison to the wealth of some of the world's top athletes, such as Cristiano Ronaldo and Lionel Messi.

With her continued success in gymnastics and her growing business ventures, analysts predict that Biles' net worth will continue to rise in the coming years, solidifying her status as one of the most financially successful athletes of her generation.