Simone Biles is estimated to have a net worth of $6 million.
She has earned most of her money through endorsements and sponsorships.
Biles has deals with major brands such as Nike, Beats by Dre, and Kellogg's.
She also earns money through appearances and speaking engagements.
Biles has won a total of 30 Olympic and World Championship medals, which has helped increase her earning potential.
Her success in gymnastics has also led to opportunities in television and film.
Despite her success, Biles has been vocal about the pay disparity between male and female athletes.