“Then Lose It and Blow It”: Millionaire Simone Biles’ Fiancé Reality Check on Athletes Sparked Her Fear of Going Broke

Gymnast Simone Biles is a well-known name in the history of the Olympics. Biles won five medals in the 2016 Rio de Janeiro Olympics. She has medals for Floor, Vault, Beam, and all-around competitions.

In an old interview on the show 60 Minutes, Simone Biles says being a gymnast is difficult. In between the conversations, the host questioned her about what piece of media had the biggest influence on her life. Then Simone opened up about her concern for other athletes. 

Her Fiance gave her a reality check on the life of an athlete. She said, “My boyfriend was showing me like these 30 for 30s, how athletes go and get a heap of money and then lose it and blow it. that really surprised me at how many athletes just lose it like that.”

What is 30 for 30s

The 30 for 30 is not like any other documentary. Can you imagine 30 filmmakers recording sports for over 30 years of span? This documentary has proved anything is possible.

In this documentary, there are many different stories. These stories recite about crucial moments of an athlete’s life. It shows where an athlete comes from, under what circumstances they practices, and how they reach their peak.

Read More: Here’s How Much Money Simone Biles Lost by Withdrawing From Tokyo Olympics 2020

This story can make you cry, laugh, and even raise goosebumps. Simone has struggled a lot in her life under different circumstances. Her statement clarifies how she would have felt about 30 for 30s. Being an athlete has a dark side, and some athletes do go broke or bankrupt in their later age if they don’t spend their money wisely.

Simone Biles’ fear of being broke

24-year-old Simone Biles has around $16 million of net worth. As per Celebrity Net Worth, She also likes to invest in real estate. In 2020, she also brought a new house. In 2017 she sold her childhood home in Huston for $289,000.

Even after having this much net worth, Simone’s big fear is going broke. Meanwhile, During an interview episode of Kneading Dough with Maverick Carter, she talks about her thoughts on money. She said, “It’s a different language for me completely, like if I started speaking gymnastics to you, you would have no idea. So when people speak money to me, I am like, tell me if I am broke or not.” 

Watch the story: Five Inspiring Quotes From Gymnastics Goat Simone Biles That Will Change Your Life

With the current net worth and the support of her fiance, Jonathan Owens, it’s pretty tough to imagine Simone going broke. Meanwhile, Simone has been earning since she was just 12 years old. She has signed some great deals with Athleta and other brands. Also, Forbes counts her as the fourth highest-paid female athlete.