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Olympic gold medalist Simone Biles became a household name and rose to fame very early in her age. The 7-time Olympic medalist is considered one of the best gymnasts. Biles has a whopping net worth of $16 million. Moreover, in an episode of ?Kneading Dough? which was released back in 2019, she revealed how she and her sister handle money differently.

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Simone Biles earned her share of fame in gymnastics, and her sister Adria gained popularity in reality TV. She appeared in ?Claim To Fame?, where she tried to hide her identity, but her resemblance to Simone failed her effort.

Simone Biles and her sister Adria

As their mother suffered from drug and alcohol abuse, Simone and Adria were adopted by their maternal grandparents. The siblings are quite close and often post pictures together on social media. What astonishes everyone is the striking similarity in their appearance.

Adria Biles learned gymnastics just like?Simone Biles, and they competed alongside until 2016 at Junior Elite Level. Later, Adria switched from gymnastics and?moved forward?to build her career as a dancer.?

Simone and Adria manage finances differently

Simone Biles and her sister are very different in spending money. Biles said that she rarely used her card, only once in a while, to pay for gas or to get subways. “Then you have my sister on the other hand swipe, swipe, swipe, let’s go get the nails,“?said?Biles.?

READ MORE:?“She’s Gonna Be on America’s Next Top?”: Simone Biles Revealed the Fancy Career Her Sister Adria Determined for Herself in 2013

Biles has had a huge career, and she used her position as a dominant athlete to make important financial decisions. She sometimes used to test herself and see how long she could manage without spending any money. Biles claimed that she is very picky about whom to collaborate with. Biles wants all her financial decisions to have personal significance and does not sign up for just anything.

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Biles considers Janey Miller, her financial agent, as one of the most trusted sources to consult before making financial decisions. “We always talk to her [Janey] ? my parents and financial advisor ? about all my business decisions,” said Biles. She believes having her financial team is one of the best financial decisions she has ever made.

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WATCH THIS STORY:?GOAT Simone Biles Spent her 19th Christmas Swimming across Sharks with Family

What is your take on how Simone Biles spends and invests her money? Tell us in the comments!