It ought to come as no shock that Simone Biles‘ internet value is huge, particularly now that she’s making her return to the Olympics. However how a lot is she making, precisely?
As of 2024, Biles has a whopping seven Olympic medals—together with 4 gold medals, one silver, and two not-too-shabby bronze medals—and dozens of worldwide titles below her belt. Evidently, Biles isn’t placing in all of the work to be the G.O.A.T. at no cost! As probably the most embellished gymnast on the earth, Biles earns a beneficiant wage from her time representing the united statesA. within the Olympic video games, together with endorsement and sponsorship offers.
What’s Simone Biles’ internet value?
In line with Superstar Internet Value, Simone Biles‘ internet value is an estimated $16 million, as of April 2024. In 2022, Biles made Forbes‘ listing of highest-paid feminine athletes, coming in at No. 10. With a Tremendous Bowl industrial, new advertisements for Subway and Powerade, and an activewear assortment with Athleta, amongst different strikes, Biles raked in an estimated $10 million in 2022.
How a lot does Simone Biles make from the Olympics?
When you thought Simone Biles‘ profitable document was spectacular, simply wait till you hear how a lot she stands to make throughout the Tokyo Olympics. In line with USA Right this moment, U.S. Olympians are anticipated to “earn $37,500 for every gold medal they win this 12 months, $22,500 for every silver, and $15,000 for every bronze. In workforce sports activities, every workforce member splits the pot evenly.” However on the subject of particular person rounds, these gamers get the entire prize pot for themselves.
These numbers had been the identical throughout the 2018 Winter Olympics and reportedly marked a 50% improve from the 2016 Olympic Video games. Altogether, this implies Biles earned an estimated $82,500 to $100,000 in Rio. In 2021, an identical profitable streak might earn her a minimal of $165,000 in Tokyo, in accordance with Cosmopolitan. She earned $25,000 for every of her 4 gold medals and $10,000 for her bronze medal, in accordance with Parade.
What’s Simone Biles’ yearly wage?
The Olympian makes an estimated $316,000 per 12 months, in accordance with Gamers Bio. However Biles’ wage isn’t simply made up of her gymnastics earnings. This wage additionally contains a variety of endorsements all through the years, equivalent to her well-known partnership with Tide previous to the 2016 Olympics and her offers with manufacturers like Beats by Dre, Uber Eats, and extra. “I’m very choosy concerning the manufacturers I work with,” she instructed Well being in 2019. “As an alternative of simply making a product, they’ve to attach with a wider neighborhood and have an effect.”
