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Simone Biles Net Worth (2022 Updated), Endorsements & All You Need to Know

Simone Biles born as Simone Arianne Biles is an American gymnast. She has a total of 32 Olympic World Championship Medals and is recognized as the most decorated gymnast of all time.

What Is Simone Biles’ Net Worth?

Simone Biles has an estimated net worth of $16 million. She is the most successful American gymnast.

Early Life

Biles was born in Columbus, Ohio on March 14, 1997, and she has three siblings named Adria, Ashley, and Tevin. Her biological mother, Shanon Biles was not able to look after her children and hence all the four siblings have grown up in and out of foster care.

Biles’ maternal grandfather, Ron Biles, and his second wife Nellie Cayetano Biles started to look after Shanon’s kids in 2000 after he learned that his grandchildren had been sent to foster care.

The couple formally adopted Simone and her younger sister Adria in 2003 whereas the two oldest siblings were adopted by Ron’s sister.

She went to attend Benfer Elementary School in Harris County. Biles took the decision of switching her public school to homeschool so that she could get more training hours, it boosted her training time by almost 20 to 32 hours each week. In the midst of 2015, she completed her graduation from homeschooling.

On August 4, 2014, she promised orally to UCLA but she intended to postpone enrollment until following the 2016 Summer Olympics in Rio de Janeiro; she signed her National Letter of Intent with UCLA in November 2014 and she declared on July 29, 2015, that she would become professional and surrender her NCAA eligibility in order to contend for UCLA.

She was attending online classes at the University of the People in January 2018 in business administration and serving as a brand ambassador for the University.

Personal Life

Biles and her fellow gymnast Stacey Ervin Jr had been in a relationship from August 2017 to March 2020 and then she was in a relationship with professional American football player Jonathan Owens since August 2020.

On February 15, 2022, she made the announcement of her engagement with Owens.

Career

On July 1, 2011, Biles started her elite career at the age of 14, at the 2011 American Classic in Houston. She ranked 3rd all-around, 1st on vault and balance beam, 4th on floor exercise, and 8th on uneven bars.

In the subsequent month, she competed in Chicago, Illinois at the 2011 U.S. Classic in which she ranked twentieth all-around, 5th on balance beam and floor exercise.

Her first meet of 2012 was “the American Classic” held in Huntsville, Texas where she ranked 1st all-around and on vault, placed 2nd on floor exercise, ranked 3rd on balance beam, and 4th on uneven bars.

In March 2013, she made her senior international debut at the 2013 American Cup, a FIG World Cup event. She as well as Katelyn Ohashi were said to be the substitutes for Elizabeth Price and Kyla Ross who is the 2012 Olympic gold medalist. Both of them left the competition as a result of injuries.

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In August 2013, she competed at the 2013 USA Gymnastics National Championships where she was achieved the national all-around champion and she also won silver on the entire four respective events.

Simone Biles Net Worth
Simone Biles

Following the USA Gymnastics National Championships, her name was referred to the Senior National Team and she also received an invitation in Texas to the qualifying camp for the 2013 World Artistic Gymnastics Championships. Biles was selected for the World Championships team.

She became the seventh American woman and the first African American who won the world all-around title just at the young age of 16. 

In 2014, things began slowly for her as a result of her shoulder injury, but she got back with the US Classic in Chicago and won the competition with a huge margin. Biles contended yet again in the World Artistic Gymnastics Championships, assisting the United States to assert one more winning and gold medal. 

Biles ranked 1st at the AT&T American Cup in Arlington, Texas and that performance by her aided her to earn a nomination for the James E. Sullivan Award. She had more winnings stemming from the City of Jesolo Trophy, the U.S. Classic, and the US National Championships.

She started her season at the Pacific Rim Championships in April, and there she gained victory in the all-around title and had the top score on vault (where she debuted a more difficult second vault), floor exercise (where she debuted a new floor schedule), and balance beam. In addition to that, the U.S. won the team title with a huge margin.

She didn’t compete in the finals of the event. She competed at the Secret U.S. Classic on June 4 on just two events, the uneven bars and beam and she ranked 1st on the balance beam with a 15.650 and became 5th on uneven bars with a 15.1.

In 2017, she didn’t contend.

Following the 2016 Rio Games, she involved journalist Michelle Burford to co-write an autobiography; Courage to Soar: A Body in Motion, A Life in Balance.

She said, “I want people to reach for their dreams and there are so many people who have inspired me with their love and encouragement along the way and I want to pass on that inspiration to readers.”

That book turned out to be successful and peaked number one during the week of January 8, 2017, on The New York Times bestsellers Young Adult list, and also became a Lifetime biopic.

At the 2018 World Championships in Doha, Qatar, in October end, she was rushed to an emergency room right before the night of the qualification round as she was having a stomach ache and after examination, it was found to be a kidney stone.

She contested all four events during the team final and made the record for the highest score of any contender on vault, uneven bars, and floor exercise.

With a score of 171.629, the gold medal was won by the U.S. team, 8.766 points prior to second positioned Russia, defeating earlier margin of winning records made in the open-ended code of points era at the 2014 World Championships (6.693) and the 2016 Summer Olympics (8.209).

The announcement came out in February 2020, that she was selected to represent the United States at the Tokyo World Cup being held on April 4. Although, in March USA Gymnastics declared that she isn’t attending because of being concerned regarding the coronavirus pandemic both domestically as well as across the worldwide including Japan.

In May, she competed in the U.S. Classic. Biles made a debut on a Yurchenko double pike vault, in which no woman had ever finished earlier, on her way to the next U.S. Classic all-around title. A preliminary value of 6.6 was given to the new vault and that made it the highest valued vault in women’s gymnastics.

She competed in the U.S. National Championships in June, gained the victory of her seventh national all-around title, and qualified for the Olympic Trials. Apart from getting a victory in the all-around title with 4.7 points, she also ranked first in the vault, balance beam, and floor exercise, and 3rd in the uneven bars.

She ranked first at the Olympic Trials and got an automatic place on the Olympic team. She completed 2.266 points prior to second-place finisher Sunisa Lee; although, the second day score of the competition by Lee was higher as compared to Biles’s (57.533), which was the first time when anyone has posted a higher single-day all-around score leaving Biles behind since Kyla Ross in 2013.

Lee, Biles’s club teammates Jordan Chiles and Grace McCallum were also named to the Olympic team.

We will keep you updated with all the latest news until then stay tuned.

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