Simone Biles caried Out for her success…

It is almost impossible for anyone not to know who Simone Biles is, an icon of gymnastics, even many already see her as the greatest athlete in history, who thanks to her sporting successes has an enviable net worth.

 

 

And why not? Biles’ talent is amazing, they have named four of her moves after her, and she was expected to become “the most decorated American gymnast in Olympic history, but was forced to drop out of the 2020 Tokyo Olympics gymnastics women’s team final because of a medical issue after a rough performance on the vault.

 

 

High earnings for her sporting successes
However, Simone’s legacy is already legendary and she can still make history at the 2024 Summer Olympics, as well as increase her earnings, since the U.S. does reward Olympic success with large sums of money.

 

Based on CNBC’s report back in 2018, for 2016 Rio Olympics each gold medal was worth $37,500 as incentive, and a silver medal was worth $22,500 and a bronze medal guaranteed each athlete close to $15,000, not bad for a third-place finish in an Olympic event.

 

 

Simone has won four gold, one silver and two bronze medals at the Olympic Games, not to mention that the World Championships also represent an important economic gain and she has obtained 25 of those medals – 19 golds, three silvers and three bronzes.

 

 

Biles’ greater impact outside gymnastics
In addition, her talent in gymnastics has earned Biles enormous fame outside the sport.

 

 

According to Women’s Health, Simone Biles has a lot of sponsors looking to tie their name in with the star athlete. These brands include Beats by Dre, Candid Dental, GK Elite, Hershey’s, Oreo, Kellogg’s, Mattress Firm, SK-II, and Uber Eats.

 

 

She even decided to to cut ties with Nike in favor of the athletics brand Athleta, just because she felt better aligned with their core values, according to the New York Times.

 

 

Simone Biles’ impact on social media is hard to match, she has an Instagram following of 4.8 million, while Twitter comes out to 1.3 million in followers. Not bad for a 24-year-old girl. But, what is the athlete’s net worth?

 

 

 

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