What is Simone Biles's net worth? Here's how much 7-time US gymnastics champion earns per hour

What is Simone Biles's net worth? Here's how much 7-time US gymnastics champion earns per hour
Simone Biles at the US Gymnastics Championships on June 6, 2021, in Fort Worth, Texas (Jamie Squire/Getty Images)

At 24, Simone Biles has established herself as one of the most iconic gymnasts in the history of US sports. The four-time Olympic champion won the US Gymnastics Championships for the seventh time, becoming the first-ever woman to do so. With her win on June 6, 2021, at Ft Worth, Texas, Biles extended an unbeaten streak of all-around titles from 2013. She secured a two-day total of 119.650 points, way ahead of runner-up Suni Lee at 114.950 points. 

"I feel like I did try to enjoy it because it could be one of my last championships that I'll attend. But it's also the road to Tokyo, and after this we have trials, so we just have to really embrace the moment," Biles said following her victory, hinting at her upcoming stint at Tokyo Olympics, which got postponed due to the pandemic last year. With her excellent present form, read on to know how much Biles earns annually and how much her net worth is. 


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Simone Biles competes on the beam during the 2021 GK US Classic gymnastics (Emilee Chinn/Getty Images)

What is Simone Biles' net worth?

Born on March 14, 1997, Simone Biles hails from a big family in Columbia, Ohio. She spent much of her growing years at foster homes as her mother faced hardships in raising four children. In 2003, she was adopted by Ron Biles, her mother's maternal grandfather. Simone exhibited her prowess in gymnastics from an early age of six years and began training from the age of eight. She participated in the first American Classic as a teenager of 14 years and secured the third spot, followed by the first rank in the next edition of the competition.

Her success at the 2016 Rio Olympics came soon afterward, where she cinched four gold medal wins. Biles is a patient with ADHD who takes prescription medication with approval from the World Anti-Doping Agency. She revealed in 2018 that she was also a victim of disgraced physician Larry Nassar's sexual abuse. 

Biles poses with gold medal at the 2016 Rio Olympics (Alex Livesey/Getty Images)

With a total of 30 medals to her name, Biles happens to be one of the most decorated female athletes in the world. She is also the holder of most world gold medals, numbered at 19, and even has two signature backflips named after her. At the Rio Olympics, Biles won a record amount of $110,000. Combined with her wins from the World Championships and US Championships, she holds a present net worth of around $2M in 2021.

According to Celebworth.net, Biles earns an average amount of $316,666 every year. Her weekly income is estimated at around $6,000 while it has been calculated that she makes $36.15 per hour. 

With her latest triumph, it is assured that all eyes will be on Biles at the upcoming Tokyo Olympics. 

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