Simone Biles has won 11 Olympic medals and 30 world championship medals, more than any gymnast in history. The prize money attached to all 41 of them comes to roughly $282,500 — and every dollar of it is from the Olympics. Her world championship medals paid nothing at all.
Simone Biles Net Worth: Why We Publish No Figure
- $25 million — Celebrity Net Worth and the sites that copy it. No calculation, no assets listed, no source
- $11.2 million — Forbes’ estimate of her 2024 earnings, split as $0.2 million on-field and $11 million off-field. An income figure, not a net worth
- Our take: no verified figure. Four separate blocks of her finances are sealed by law or by contract. See our methodology.
Her income side is unusually well documented. Her asset side is closed at four points simultaneously, and three of those four are permanent: her share of two abuse settlements was set confidentially, not one endorsement contract value has ever been disclosed, and Texas law forbids the publication of property sale prices.
The $282,500: The Only Hard Number in Her Career
The US Olympic and Paralympic Committee pays medallists through a program called Operation Gold. The rates are not secret, but they changed midway through her career — which is where most published arithmetic goes wrong.
- Rio 2016: $25,000 gold, $15,000 silver, $10,000 bronze
- From 2017 onward: $37,500 gold, $22,500 silver, $15,000 bronze — a 50 per cent increase announced in December 2016
The current schedule survives in a document most reporting never reaches: a 2024 USOPC funding contract with a national governing body. It sets the Olympic-year payment at $37,500 / $22,500 / $15,000 and states the crucial mechanic in plain words: “multiple Operation Gold Event Awards can be received if an athlete has multiple top-three finishes.” The money is per medal, and team medals count in full for each athlete.
Applied to her actual results — four golds and a bronze in Rio, a silver and a bronze in Tokyo, three golds and a silver in Paris:
- Rio 2016: $110,000
- Tokyo 2021: $37,500
- Paris 2024: $135,000
- Total: about $282,500, before tax
Two checks confirm the method. Forbes lists her 2024 on-field income as $0.2 million, consistent with $135,000 plus incidentals. And the same 2016 report notes that Katie Ledecky’s four golds and one silver in Rio paid $115,000 — which only works at the $25,000 rate, and only if relay medals pay in full.
The widely repeated claim that her Rio golds paid $37,500 each is wrong by $12,500 per medal. That schedule did not exist yet.
Her 30 World Championship Medals Paid Nothing
This is the single most counter-intuitive fact in her financial record. The Fédération Internationale de Gymnastique does publish a prize schedule — but it applies to the Apparatus World Cup series, not to World Championships. Article 10 requires organisers to distribute at least CHF 32,500 per event, paying CHF 1,000 for first place on an apparatus, CHF 750 for second, CHF 500 for third, down to CHF 100 for eighth.
No FIG document sets prize money for World Championships. Her 30 world medals — the foundation of her status as the most decorated gymnast ever — generated no federation prize money whatsoever. For scale: winning an entire apparatus World Cup event pays about one thousand francs, roughly 2.7 per cent of a single Olympic gold bonus.
The Settlements: Sealed by Design, Not by Accident
The largest sums ever connected to her name came from two abuse settlements. Her share of neither is public, and in both cases that is structural rather than incidental.
USA Gymnastics’ own announcement of the $380 million settlement approved in December 2021 states how the money moves: “Compensation will be distributed to Survivors in accordance with the allocation schedule developed and approved by the Survivors’ Committee.” That schedule was never published.
The second settlement is a federal one. The Justice Department announced in April 2024 that it had resolved “139 claims for a total of $138.7 million”. Biles is not named in it. The firm representing the claimants confirmed the same total and added the decisive detail: a neutral retired judge decides each individual award. There is no mechanism by which her figure could become public.
One circulating number is simply wrong. Reports that she sought $10 million from the FBI understate it: CNN, citing the law firm, reported that Biles, Aly Raisman, McKayla Maroney and Maggie Nichols each sought $50 million, while most of the roughly 90 other claimants sought $10 million each. The claims were administrative and were settled before any lawsuit — a search of federal court records returns no case with Biles as a party.
The Tour Grossed $19.3 Million. She Does Not Own It.
Figures reported to Billboard Boxscore put the 2021 Gold Over America Tour at $19.3 million gross across 32 cities and 182,000 tickets, running from 21 September to 7 November 2021. Its best night was Boston’s TD Garden at $1.17 million from 9,428 tickets.
That is tour revenue, not her income — and she is not an owner of it. AEG’s own announcement of the 2024 run names MagicSpace Entertainment as producer and Concerts West/AEG Presents as promoter, and lists Biles solely as the headliner. No producer credit, no ownership stake, no disclosed fee.
No gross has been published for the 2024 tour. Several sites attach the $19.3 million to it — that figure belongs to 2021.
What the Endorsements Are Worth: Nobody Has Said
She left Nike for Athleta in 2021, and the deals are easy to verify while the money is not. Athleta’s announcement describes a long-term partnership with her own activewear line and contains no financial terms of any kind. Coca-Cola’s Powerade announcement from April 2024 describes a global campaign across 30 markets, again with no figures.
WWD’s portfolio overview dates the relationships — GK Elite from 2015, Nike 2015 to 2021, Uber Eats 2020, Athleta and Team Visa from 2021, K18 in 2024 — and Forbes adds United Airlines. Not one contract value appears anywhere. The only quantified statement is the aggregate: roughly $11 million in off-field income for 2024.
Two Claims That Do Not Survive Checking
The book was not a New York Times bestseller. We checked the weekly hardcover non-fiction lists across 15 consecutive weeks from 20 November 2016 to 26 February 2017 — the facsimiles of the printed lists — and Courage to Soar appears in none of them. One caveat we will state rather than hide: that archive covers the adult hardcover lists only, so the children’s and young-adult lists remain untested. No advance figure has ever been published.
The equity stakes are fabricated. Searches for her business holdings return claims of stakes in Therabody, Beam and Angel City FC, an academy with a stated annual revenue, and a “paper value” in the low millions. These appear only on AI-generated content farms and in no verifiable source. The one investment we could document is unquantified: a Houston business publication reported in December 2021 that she became chief impact officer of a mental-health startup and invested an undisclosed amount.
Why Texas Closes the Property Question
Texas is a non-disclosure state. Sale prices reported privately to appraisal districts are exempt from public release under state law, and appraisal districts publish valuations rather than transaction prices. Every purchase price that circulates for her Texas properties is therefore unsourceable — and the aggregators show it: one hedges with “property records show the house cost less than” a threshold, and gives a price range rather than a figure for an earlier purchase. That range is the local convention precisely because the real number is not disclosable.
The Bottom Line
Her documented earnings are real and substantial: about $7.1 million in 2023 and $11.2 million in 2024 by Forbes’ estimates, tenth among the world’s highest-paid female athletes. What cannot be done honestly is to convert that into a wealth figure, because the four largest questions — her settlement share, her contract values, her property, her holdings — are each unanswerable from the record.
The arithmetic worth keeping is the smallest one. The most decorated gymnast in history earned about $282,500 in medal prize money across three Olympic Games and 30 world championship medals. That is roughly one per cent of the figure the aggregators assign her, and unlike that figure, it can be checked line by line.
Sources
- USOPC funding schedule 2024 — Operation Gold payment table
- Forbes — the 2016 medal bonus rates
- The 2017 increase, with the Ledecky cross-check
- FIG Apparatus World Cup rules — the prize schedule that does not cover World Championships
- USA Gymnastics — the 2021 settlement and its unpublished allocation schedule
- US Department of Justice — 139 claims, $138.7 million
- CNN — the $50 million claim figure
- Billboard Boxscore — the 2021 tour gross
- AEG — who actually produces the tour
- Forbes — 2024 earnings, on-field and off-field
- New York Times bestseller list facsimiles, 2016
Money Timeline
| Date | Type | Event | Amount | Details |
|---|---|---|---|---|
| 2016-08-16 | Payday | Rio 2016 medal bonuses - $110,000 at the old rates | $110K | Four golds and a bronze, paid under the schedule in force through 2016: $25,000 per gold and $10,000 per bronze. The rates rose by half from 2017, which is why the figure of $37,500 per Rio gold that circulates widely is wrong by $12,500 a medal. A cross-check confirms the method: Katie Ledecky's four golds and one silver in Rio paid $115,000, which only works at the old rates and only if relay medals pay in full for each athlete. source |
| 2016-12-13 | Deal | Medal bonuses raised 50 per cent - too late for Rio | The USOPC lifted Operation Gold payments to $37,500 gold, $22,500 silver and $15,000 bronze with effect from 2017. The current schedule survives in a place most reporting never reaches: a 2024 USOPC funding contract with a national governing body, which sets out the table and states the mechanic in plain words - multiple awards can be received for multiple top-three finishes. The money is per medal, not per Games. source | |
| 2021-11-07 | Tour | Gold Over America Tour grosses $19.3 million - and she does not own it | $19.3M | Figures reported to Billboard Boxscore: $19.3 million across 32 cities and 182,000 tickets between 21 September and 7 November 2021, with a best night of $1.17 million at Boston's TD Garden. This is tour revenue, not her income. AEG's own announcement of the 2024 run names MagicSpace Entertainment as producer and lists her solely as headliner - no producer credit, no ownership, no disclosed fee. No gross has ever been published for the 2024 tour, and sites attaching this figure to it are misdating it. source |
| 2021-12-13 | Settlement | The $380 million settlement - her share sealed by the survivors' own committee | USA Gymnastics' own announcement of the settlement approved by the bankruptcy court states how the money moves: compensation would be distributed according to an allocation schedule developed and approved by the Survivors' Committee. That schedule was never published, so no individual figure exists in the public record. We carry no amount here rather than imply that the aggregate was hers. source | |
| 2022-06-08 | Lawsuit | She sought $50 million from the FBI, not $10 million | CNN, citing the law firm representing the claimants, reported that Biles, Aly Raisman, McKayla Maroney and Maggie Nichols each sought $50 million, while most of the roughly 90 other claimants sought $10 million each. The lower figure is the one that circulates for her, and it is wrong. These were administrative claims under the Federal Tort Claims Act, settled before any lawsuit - a search of federal court records returns no case with her as a party. A claim is not income, so no amount is carried. source | |
| 2024-04-23 | Settlement | Justice Department settles 139 claims for $138.7 million - she is not named | The DOJ announcement resolves 139 claims for a total of $138.7 million and names no individual. The firm representing the claimants confirmed the same total and added the decisive detail: a neutral retired judge decides each individual award. There is no mechanism by which her figure could ever become public. That she is among the 139 is plausible but not documented. source | |
| 2024-08-05 | Payday | Paris 2024 medal bonuses - $135,000, her largest single haul | $135K | Three golds at $37,500 and a silver at $22,500. Her Paris floor medal was silver behind Rebeca Andrade, not bronze as several profiles state. Forbes independently lists her 2024 on-field income as $0.2 million, which is consistent with this figure plus incidentals - a useful check on the arithmetic. source |
| 2024-12-18 | Payday | $11.2 million in 2024 - tenth among the world's highest-paid female athletes | $11.2M | Forbes splits the year as $0.2 million on-field and $11 million off-field, up from an estimated $7.1 million in 2023. This is the aggregate of her endorsement income, and it is the only quantified statement about it that exists - not one individual contract value has ever been disclosed by Athleta, Powerade, Visa, United Airlines, GK Elite, Uber Eats or K18. Note that secondary sites report $11.1 million and a $137,000 prize total; the Forbes article itself says $11.2 million and $0.2 million. source |
Key financial events, aggregated from the sources cited above. See our methodology.
Frequently Asked Questions
Short answers to the most common questions about this profile. For our sourcing and update method, see our Methodology page.
What is Simone Biles' net worth in 2026?
No verified figure exists. The $25 million that circulates comes from Celebrity Net Worth and the sites that copy it, with no calculation, no listed assets and no source behind it. Forbes estimates her 2024 earnings at $11.2 million, split as $0.2 million on-field and $11 million off-field, which is income rather than wealth. Four blocks of her finances are closed at once: her share of two abuse settlements was set confidentially, no endorsement contract value has ever been disclosed, Texas law forbids publishing property sale prices, and her only documented investment is unquantified.
How much prize money has Simone Biles earned from her medals?
About $282,500, and all of it from the Olympics. The US Olympic and Paralympic Committee paid $25,000 per gold, $15,000 per silver and $10,000 per bronze through Rio 2016, then raised the rates to $37,500, $22,500 and $15,000 from 2017. Applied to her results, that is $110,000 for Rio, $37,500 for Tokyo and $135,000 for Paris. The money is paid per medal, and team medals count in full for each athlete. The often-repeated claim that her Rio golds paid $37,500 each is wrong by $12,500 per medal, because that schedule did not exist until 2017.
Did Simone Biles earn prize money for her 30 world championship medals?
No. The Federation Internationale de Gymnastique publishes a prize schedule, but it governs the Apparatus World Cup series rather than the World Championships, paying CHF 1,000 for winning an apparatus, CHF 750 for second and CHF 500 for third. No FIG document sets prize money for World Championships at all. Her 30 world medals, the record that makes her the most decorated gymnast in history, generated no federation prize money whatsoever.
How much did Simone Biles receive from the Nassar settlements?
Not publicly known, and it never will be. USA Gymnastics stated that compensation from the $380 million settlement approved in December 2021 would be distributed according to an allocation schedule developed by the Survivors' Committee, which was never published. The Justice Department's April 2024 settlement resolved 139 claims for $138.7 million and does not name her; the firm representing the claimants confirmed that a neutral retired judge decides each individual award. Separately, she sought $50 million from the FBI, not the $10 million often reported - that lower figure applied to most of the roughly 90 other claimants.
Does Simone Biles own the Gold Over America Tour?
No. AEG's own announcement of the 2024 tour names MagicSpace Entertainment as producer and Concerts West/AEG Presents as promoter, and lists Biles only as the headliner, with no producer credit or ownership stake. The 2021 tour grossed $19.3 million across 32 cities and 182,000 tickets according to figures reported to Billboard Boxscore, with a best night of $1.17 million at Boston's TD Garden. That is tour revenue, not her income, and no gross has ever been published for the 2024 run - sites that attach the $19.3 million to 2024 are misdating it.
More sports profiles like this
Browse a curated selection of other sports profiles. Net-worth figures load when available; otherwise see the individual profile.
