With the 2024 Summer time Olympics simply days away, Simone Biles‘ web value has change into a subject of curiosity on-line.
Simone is arguably the world’s most well-known gymnast, and she or he’s positively the American athlete who’s producing essentially the most buzz forward of this yr’s video games.
So it ought to come as no shock that she’s fairly well-off.
What Is Simone Biles’ Internet Price?
In keeping with Superstar Internet Price, Simone was value an estimated $16 million in April of 2024.
In 2022, Simone ranked tenth on Forbes‘ list of the world’s highest-paid feminine athletes.
The money comes primarily from endorsement offers, although as CNN factors out, many Olympic athletes do obtain prize cash together with their medals.
Simone Is Racking Up the Endorsement Offers
However whereas profitable a gold medal can convey as much as $100,000 in prize cash, it’s the endorsement offers which can be actually lining Simone’s pockets.
She’s signed profitable offers with Subway and Powerade, and she or he has her personal signature activewear assortment with Athleta.
In keeping with Forbes, Simone raked in roughly $10 million from model offers in 2022 alone.
Simone has been protecting busy with endorsement offers since she signed with Tide forward of the 2016 Olympics.
However that doesn’t imply that she’ll signal with simply anybody.
“I’m very picky about the brands I work with,” she informed Well being in 2019 (by way of Fashion Caster).
“Instead of just creating a product, they have to connect with a wider community and have an impact.”
An Olympic Legend Will get Able to Return to Motion
Simone stepped away from the 2020 Olympics with a purpose to defend her psychological well being.
Today, she’s stated to be in prime type and raring to compete.
If the fierce manner that Simone defends her teammates is any indication, she’s positively prepared for battle.
And whereas we’re positive that cash is just not the highest factor on Simone’s thoughts today, these Olympics might show very profitable for the 27-year-old.
The world can be watching, and if Simone is ready to add to her already huge assortment of gold medals (seven and counting) then the manufacturers are positive to return calling.
Regardless of the case, this is a chance for Simone to silence the haters and cement her place as essentially the most dominant gymnast of her period.
