Simone Biles, a gymnast who stunned the world in the Rio Olympics and has since improved her abilities, made her parents and country proud of her achievements. However, there was one thing that she feared from time to time. It’s the fear of going broke. Biles is a thrifty shopper and once spoke about the reason and origin of the fear in an interview. SIMONE BILES FACED HER FEAR Per the gymnastics legend Simone [https://www.essentiallysports.com/tag/simone-arianne-biles/] Biles, money should be the least concerning thing for her. Biles’ net worth is reportedly $16 million. After winning five medals in Rio, she had already established herself as a dominant force in gymnastics. Simone Biles [https://image-cdn.essentiallysports.com/wp-content/uploads/WhatsApp-Image-2022-09-17-at-17.27.53-1.jpeg] Simone once stated the reason behind her fear. Simone appeared on the show Kneading Dough [https://www.yahoo.com/now/just-tell-im-broke-not-140058714.html] in 2019; and explained how much she likes shopping. However, every time she shops, she spends way more than she plans to. She also explained the reason for her fear. READ MORE: “Those Things Are Expensive”: Millionaire Simone Biles Buys Her Basic Amenities on Sale Due to Fear of Going Broke [https://www.essentiallysports.com/us-sports-news-gymnastics-news-those-things-are-expensive-millionaire-simone-biles-buys-her-basic-amenities-on-sale-due-to-fear-of-going-broke/] Biles said, “My coach came over, and she said, ‘No, you’re just not allowed to cash it, but you can touch it.’ So I thought touching would forfeit everything, so I refused and jumped off the podium.” Apart from her fear of going broke, Biles had made a down payment on a new property before just appearing on the show. SIMONE HANDLING HER FINANCE Previously, Simone had mentioned getting a credit card from her father before the Olympics. Her father gave her, but she didn’t utilize it nearly as much as her sister did. Talking about her card usage, she stated [https://www.facebook.com/Uninterrupted/videos/2088604771231022], “I didn’t really swipe the card. Maybe once in a while, I’d go get Subway. But other than that, I didn’t swipe it.” Simone Biles [https://image-cdn.essentiallysports.com/wp-content/uploads/WhatsApp-Image-2022-09-11-at-10.33.36.jpeg] Simone’s has done many endorsements, one being a Subway commercial. Along with Subway, Athleta, where Biles debuted her athleisure clothing line, has been added to her roster of collaborations. The gymnast made millions from different partnerships throughout the years. Simone is about to get married to her long-term fiancee, and NFL player, Jonathan Owens. And the couple’s fans are desperately waiting for it. WATCH THIS STORY: Young Simone Biles Was Forced To Steal Food Due To Coach’s Inhuman Behavior [https://www.essentiallysports.com/stories/us-sports-news-young-simone-biles-was-forced-to-steal-food-due-to-coachs-inhuman-behaviour/] 

Once the four-time gold medalist Simone Biles described the reason behind her
fear of going broke despite her $16 million worth net worth.

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Gymnastics is a collection of physical exercises requiring a lot of strength, agility, balance, and flexibility. It is closely related to circus performing skills as athletes put their bodies to the fullest use. Likewise, there are various disciplines for gymnasts to showcase their talents. Thus, it evolved from ancient Greeks that included skills to mounting to dismounting a horse. The competitive form of gymnastics is called artistic gymnastics. It involves various events for women like the floor, vault, uneven bars, and the beam. For men, they have floor, vault, rings, pommel horse, parallel bars, and horizontal bars. Therefore, the sport is famous for its aesthetic values and the Olympics draws major crowds to the gymnastics arena.

[caption id="attachment_996875" align="aligncenter" width="1920"]<img class="wp-image-996875 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1342598189.jpg" alt="Simone Biles" width="1920" height="1281" /> LOS ANGELES, CALIFORNIA - SEPTEMBER 25: Simone Biles performs during the Gold Over America Tour at Staples Center on September 25, 2021 in Los Angeles, California. (Photo by Katharine Lotze/Getty Images)[/caption]
<h3>History of Gymnastics</h3>
Gymnastics originated from the Greek term, 'to exercise naked,' applied in ancient Greece exercises. These exercises became a mainstay at the Olympics but most of the competition came from ancient roots. There are stone engravings found in Shandong province during <a href="https://www.britannica.com/sports/gymnastics/Gymnasts" target="_blank" rel="noopener">the Han Period</a> (206?<span class="text-smallcaps">BCE</span>?220?<span class="text-smallcaps">CE) where they portrayed acrobatics. Like every sport, the person credited for making the sport famous was Friedrich Ludwig Jahn, founder of the Turnverein movement as he helped to spread gymnastics across the world. </span>

<span class="text-smallcaps">Most of the exercises were conducted on the playground. Therefore, various events came into existence. They held the first Gymnastics festival in 1860 in Coburg. The Americans were introduced to Gymnastics in the late 1820s while the Federation Internationale Gymnastique was founded in 1881 to organize the event. The 1896 Olympic Games saw the starting stages of gymnastics being introduced to the world.?</span>
<h3>The Sport</h3>
There are three divisions of artistic gymnastics- artistic, rhythmic, and trampoline. There are six <a href="https://completegymnastics.com/gymnastics-disciplines-explained/" target="_blank" rel="noopener">events</a> for men and the all around event where they combine scores from every discipline. For women, there are four exercises and a similar all around event, both team and individual events. Apart from artistic gymnastics, there is rhythmic gymnastics and is practiced only by women. Trampoline is the other discipline of gymnastics and introduced itself at the 2000 Olympic Games. As years pass by, various gymnasts showcased their athletic skills to the masses in attendance.

[caption id="attachment_1074502" align="alignnone" width="473"]<img class="size-medium wp-image-1074502" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1332096751-473x315.jpg" alt="simone biles" width="473" height="315" /> TOKYO, JAPAN - AUGUST 03: Simone Biles of Team United States competes in the Women's Balance Beam Final on day eleven of the Tokyo 2020 Olympic Games at Ariake Gymnastics Centre on August 03, 2021 in Tokyo, Japan. (Photo by Elsa/Getty Images)[/caption]
<h3>Famous gymnasts in the world</h3>
<strong>Simone Biles:</strong>

In terms of pure dominance, Simone Biles enters the list as arguably the greatest gymnast of all time. She is the <a href="https://www.rookieroad.com/gymnastics/top-6-best-womens-players-of-all-time/" target="_blank" rel="noopener">most decorated</a> gymnast in the World Championships, winning four gold, one silver, and two bronze medals. The 2016 Rio Olympics saw her winning four gold medals and completely dominated the events. She has 25 World Championships medals to her name and her stance on mental health helps her become an influential person in the society.

<strong>Larisa Latynina:</strong>

Winning nine gold medals at the Olympics is astonishing and Larisa Latynina ranks on top of the famous gymnast charts. After Michael Phelps, she has the most Olympic medals with 18. She popularized the sport of gymnastics and was the first star in the sport. Her iconic performances will go down to the gymnastics folklore.

[caption id="attachment_688263" align="aligncenter" width="1920"]<img class="wp-image-688263 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-640615533.jpg" alt="" width="1920" height="1293" /> Nadia Comaneci of Romania performs her routine on the Balance Beam during the Women's ArtisticTeam all-around event on 19 July 1976 during the XXI Olympic Summer Games at the Montreal Forum, Montreal, Canada. (Photo by Don Morley/Getty Images) )[/caption]

<strong>Nadia Comaneci:</strong>

Achieving a perfect 10.0 score in gymnastics is amazing. But, doing it at the Olympics, when just turning 14, placed Nadia Comaneci amongst the pantheon of greats. The 1976 Olympics saw her earning seven perfect scores. She won five Olympic gold medals out of the nine she won.

<strong>Svetlana Khorkina:</strong>

With a total of 47 Olympic, World and European Championships medals, Svetlana Khorkina is a remarkable gymnast. She became the first gymnast to win three all-around titles at the World Championships while winning five gold medals in the uneven bars at World Championships. Her success in the uneven bars earned her the moniker 'The Queen of Bars.'

&nbsp;

&nbsp;

Gymnastics

Gymnastics is a collection of physical exercises requiring a lot of strength, agility, balance, and flexibility. It is closely related to circus performing skills as athletes put their bodies to the fullest use. Likewise, there are various disciplines for gymnasts to showcase their talents. Thus, it evolved from ancient Greeks that included skills to mounting to dismounting a horse. The competitive form of gymnastics is called artistic gymnastics. It involves various events for women like the floor, vault, uneven bars, and the beam. For men, they have floor, vault, rings, pommel horse, parallel bars, and horizontal bars. Therefore, the sport is famous for its aesthetic values and the Olympics draws major crowds to the gymnastics arena. LOS ANGELES, CALIFORNIA &#8211; SEPTEMBER 25: Simone Biles performs during the Gold Over America Tour at Staples Center on September 25, 2021 in Los Angeles, California. (Photo by Katharine Lotze/Getty Images) History of Gymnastics Gymnastics originated from the Greek term, &#8216;to exercise naked,&#8217; applied in ancient Greece exercises. These exercises became a mainstay at the Olympics but most of the competition came from ancient roots. There are stone engravings found in Shandong province during the Han Period (206?BCE?220?CE) where they portrayed acrobatics. Like every sport, the person credited for making the sport famous was Friedrich Ludwig Jahn, founder of the Turnverein movement as he helped to spread gymnastics across the world. Most of the exercises were conducted on the playground. Therefore, various events came into existence. They held the first Gymnastics festival in 1860 in Coburg. The Americans were introduced to Gymnastics in the late 1820s while the Federation Internationale Gymnastique was founded in 1881 to organize the event. The 1896 Olympic Games saw the starting stages of gymnastics being introduced to the world.? The Sport There are three divisions of artistic gymnastics- artistic, rhythmic, and trampoline. There are six events for men and the all around event where they combine scores from every discipline. For women, there are four exercises and a similar all around event, both team and individual events. Apart from artistic gymnastics, there is rhythmic gymnastics and is practiced only by women. Trampoline is the other discipline of gymnastics and introduced itself at the 2000 Olympic Games. As years pass by, various gymnasts showcased their athletic skills to the masses in attendance. TOKYO, JAPAN &#8211; AUGUST 03: Simone Biles of Team United States competes in the Women&#8217;s Balance Beam Final on day eleven of the Tokyo 2020 Olympic Games at Ariake Gymnastics Centre on August 03, 2021 in Tokyo, Japan. (Photo by Elsa/Getty Images) Famous gymnasts in the world Simone Biles: In terms of pure dominance, Simone Biles enters the list as arguably the greatest gymnast of all time. She is the most decorated gymnast in the World Championships, winning four gold, one silver, and two bronze medals. The 2016 Rio Olympics saw her winning four gold medals and completely dominated the events. She has 25 World Championships medals to her name and her stance on mental health helps her become an influential person in the society. Larisa Latynina: Winning nine gold medals at the Olympics is astonishing and Larisa Latynina ranks on top of the famous gymnast charts. After Michael Phelps, she has the most Olympic medals with 18. She popularized the sport of gymnastics and was the first star in the sport. Her iconic performances will go down to the gymnastics folklore. Nadia Comaneci of Romania performs her routine on the Balance Beam during the Women&#8217;s ArtisticTeam all-around event on 19 July 1976 during the XXI Olympic Summer Games at the Montreal Forum, Montreal, Canada. (Photo by Don Morley/Getty Images) ) Nadia Comaneci: Achieving a perfect 10.0 score in gymnastics is amazing. But, doing it at the Olympics, when just turning 14, placed Nadia Comaneci amongst the pantheon of greats. The 1976 Olympics saw her earning seven perfect scores. She won five Olympic gold medals out of the nine she won. Svetlana Khorkina: With a total of 47 Olympic, World and European Championships medals, Svetlana Khorkina is a remarkable gymnast. She became the first gymnast to win three all-around titles at the World Championships while winning five gold medals in the uneven bars at World Championships. Her success in the uneven bars earned her the moniker &#8216;The Queen of Bars.&#8217; &nbsp; &nbsp;

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<h2><b>Simone Biles Net Worth 2024, Husband, and Achievements</b></h2>
[caption id="attachment_1074513" align="alignnone" width="469"]<img class="size-medium wp-image-1074513" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1180798360-469x315.jpg" alt="Simone Biles" width="469" height="315" /> STUTTGART, GERMANY - OCTOBER 13: Simone Biles of The United States poses for photos with her multiple gold medals during day 10 of the 49th FIG Artistic Gymnastics World Championships at Hanns-Martin-Schleyer-Halle on October 13, 2019 in Stuttgart, Germany. (Photo by Laurence Griffiths/Getty Images)[/caption]
<h2><b>Simone Biles Net Worth</b></h2>
Simone Arianne Biles is one of the most decorated American artistic gymnasts. As of 2024, her net worth is around $16 million. Apart from the cash prizes from various events and tournaments, endorsements have added a lot to the gymnast's worth. Biles has partnered with Athleta, SK-II skincare products, Visa, United Airlines, Spieth America gymnastics equipment, Uber Eats, MasterClass and Facebook Watch, Mondelez's Oreo brand, Core Power fitness shake Candid teeth aligners, GK Elite gymnastics apparel.

Apart from medals and endorsements, Biles also invested in the real estate market. Back in 2017, Biles listed her 3711 sq. ft. childhood home in Texas at $289,000 for sale. Presently, she is overseeing the construction of her new home with beau Jonathan Owens. While not much detail has been revealed about the house, the property is said to be on a highway in Texas.
<h2><b>Simone Biles' Family</b></h2>
Simone Biles' family comprises her parents and biological and adoptive siblings. Simone Biles also considers her pet dogs – French Bulldogs, a female and male named Lilo and Rambo – a part of her little family. Biles' adoptive parents are Ronald Biles and Nellie Biles. She has her own younger sister, Adria Biles, and two elder adoptive brothers named Adam and Ron Biles Jr.

Her extended family includes Ron Biles Jr.'s wife, Sammi Biles, and <a href="https://www.essentiallysports.com/us-sports-news-olympics-news-gymnastics-news-baby-girl-is-already-so-loved-simone-biles-welcomes-baby-biles-to-her-adorable-family/">baby Biles, the little angel the family welcomed in November 2022. </a>She also has two estranged biological siblings, a sister named Ashley Biles Thomas, and a brother, Tevin Biles. The siblings got separated at a young age after being adopted by different families.
<h2><b>Early Life and Childhood</b></h2>
Simone Biles was born to Shannon Biles on March 14, 1997. Her biological father, Kelvin Clemons, was absent from her life since the beginning. Supporting four kids while battling alcoholism and drug addiction proved hard for Shanon Biles. Because of this, the young Biles siblings ended up in foster care for years. Biles was just three years old when she was separated from her biological mother and put into foster care. However, three years later, the Biles siblings were adopted by their maternal grandfather Ron Biles.

Simone Biles' <a href="https://www.essentiallysports.com/us-sports-news-gymnastics-news-dont-call-and-dont-visit-simone-biles-biological-mother-was-forbidden-from-seeing-the-gymnastics-star-after-her-adoption/">biological mother was prohibited from contacting the gymnast after the adoption</a>. Simone was six when Ron and his wife, Nellie, adopted the Biles siblings. But soon it became difficult for the couple to take care of six young kids (2 biological and four adopted.) Eventually, Simone Biles' two elder biological siblings, Ashley and Tevin, were adopted by their grand aunt, Harriet.

Ron and Nellie were able to provide a safe and permanent home to little Simone and Adria. The healthy environment helped the young girls to focus on their education and explore their interests. This was also how Simone Biles found her way to gymnastics. Biles was just 6 when she saw teenage gymnasts practicing in the gymnasium during a daycare field trip.

Engrossed in her observations, she started imitating the moves of the teenagers. The coaches noticed this at the gym and wrote a letter addressed to Biles' parents suggesting enrolling her in a training center. Considering that, the couple enrolled Biles in Bannon's Gymnastix Center, which in turn became her first step towards her decorated gymnastics career.
<h2><b>Simone Biles' NFL husband Jonathan Owens</b></h2>
Simone Biles is married to the NFL safety, Jonathan Owens. The two first crossed paths during the Houston Texans' game in 2019. However, they officially met through Raya, a dating app, during the pandemic in March 2020. Reportedly, it took just about a month for the NFL player to fall for the gymnast.

They made their relationship Instagram official in August 2020. After dating for nearly two years, Jonathan Owens popped the big question in February 2022.

[caption id="attachment_1942013" align="alignnone" width="473"]<img class="size-medium wp-image-1942013" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1437383254-473x315.jpg" alt="Simone Biles" width="473" height="315" /> HOUSTON, TEXAS - OCTOBER 28: Simone Biles and Jonathan Owens pose on the field prior to Game One of the 2022 World Series between the Philadelphia Phillies and the Houston Astros at Minute Maid Park on October 28, 2022 in Houston, Texas. (Photo by Carmen Mandato/Getty Images)[/caption]

Then in April 2023, the couple got married in an intimate courthouse wedding ceremony in Houston, Texas. Following this, the pair once again exchanged vows in an opulent destination wedding in Cabo San Lucas, in the presence of their friends, families, and close-knit acquaintances.

Recently, Owens faced criticism when he admitted that he did not know well who Simone Biles was when they matched on the dating app Raya. Biles' fans were disheartened to know that Owens hadn't heard of Biles even after her 2016 Olympic run.
<h2><b>Simone Biles' Records and Achievements</b></h2>
Throughout Simone Biles's decorated <a href="https://www.essentiallysports.com/category/gymnastics-2/gymnastics/">gymnastics</a> career, she has won numerous accolades. She has 7 Olympic medals – four gold, one silver, two bronze. Her recent comeback at the 2023 Artistic Gymnastics World Championships in Antwerp, Belgium, added a lot more medals to her bag. She has won 30 World Championship medals – 23 gold, four silver, and three bronze – making her the most decorated gymnast in World Championships history.

<b>Olympics achievements:</b>

Team event- Gold medal (2016 Rio Olympics)
All-around- Gold medal (2016 Rio Olympics)
Vault- Gold medal (2016 Rio Olympics)
Floor exercise- Gold medal (2016 Rio Olympics)
Team events- Silver medal (2020 <a href="https://www.essentiallysports.com/category/tokyo-olympics-2020-2021/">Tokyo Olympics</a>)
Balance beam- Bronze medal (2016 Rio Olympics)
Balance beam- Bronze medal (2020 Tokyo Olympics)
<h2><b>Simone Biles' gymnastics comeback and Paris Olympics 2024</b></h2>
The 7X Olympic medalist took a break from competitive tournaments to focus on her mental health. During the 2020 Tokyo Olympics, she experienced the phenomenon known as <i>"the twisties,"</i> in the wake of which she withdrew from the event. The case of 'twisties' occurs when a gymnast loses control of their body while performing twists in the air. This incident prompted Biles to become one of the first athletes to discuss mental health and prioritize it over competition openly.

Biles is now all set to compete at the 2024 Olympic Games in Paris. The 26-year-old made it big at the U.S. Gymnastics Championships in August winning her eighth all-around title. She also set a record for most international gymnastics medals by winning her sixth all-around title at the world championships in Belgium in October. Her comeback is a testament that she has prepared hard to pick up from where she left off in Tokyo.

Overcoming the twisties, this comeback marked a crucial milestone in her journey toward the upcoming Olympic games. She continues to prioritize her mental well-being and is undergoing therapy to strengthen her mental approach to her craft.

Throughout her journey, Jonathan Owens has been a supportive partner, standing by her side through thick and thin.
<h2><b>Simone Biles' Physical Regime</b></h2>
During the prime season, Simone Biles trains for 42 hours per week. These 42 hours are divided into seven hours per day, six days a week. Simone Biles takes an off from her training on Sunday. Of the six training days, Biles trains twice a day for four days, including Monday, Tuesday, Wednesday, and Friday. She trains just once a day on Thursday and Saturday. Her morning training sessions start at 9 am and end at noon. Whereas, the time for the afternoon session is from 3 to 6 pm.

Her routine includes running and stretching every part of the body. The stretching is done before and after the practice to warm up and cool down consecutively to help the muscles. For her competitions, Biles uses the cross-training method which includes running, swimming, and biking. Her routines comprise exercises like superman and hollow holds, regular and single-leg V-ups, scissors, and pulses for abs. The full-body workout includes the plie squats, superman lifts, boat holds, hip raises, and glute kickbacks. The bodyweight workout includes bear planks with butt kicks, crab reaches, wall walks, push-ups to plank jack knives and pike presses.

Here is a summary of how long she does the various regimes.

Swimming on Day 1-: 1 mile
Biking on Day 2-: 10 miles
Intense abs routine on Day 3-: 11 rounds
Full body on Day 4-: 30 minutes
Bodyweight workout on Day 5-: 30 seconds of each exercise for 3 rounds
Running on Day 6-: 3.1 Miles
Rest on Day 7

During the US Classic in 2013, Simone Biles introduced the floor exercise skill, which was a double layout with a half twist at the podium training. As Biles successfully performed it at the 2013 World Championships, the skill was ultimately named after her.

<b>How to contact Simone Biles?</b>

<a href="https://www.instagram.com/simonebiles/">Instagram</a>

<a href="https://www.facebook.com/simonebiles">Facebook</a>

<a href="https://twitter.com/Simone_Biles">Twitter</a>

<a href="https://simonebiles.com/">Official Website</a>
<table cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td valign="top">Name</td>
<td valign="top">Simone Arianne Biles</td>
</tr>
<tr>
<td valign="top">Born</td>
<td valign="top">March 14, 1997</td>
</tr>
<tr>
<td valign="top">Place of Birth</td>
<td valign="top">Columbus, Ohio, United States</td>
</tr>
<tr>
<td valign="top">Nationality</td>
<td valign="top">American</td>
</tr>
<tr>
<td valign="top">Education</td>
<td valign="top">Benfer Elementary School

University of the People</td>
</tr>
<tr>
<td valign="top">Parents</td>
<td valign="top">Ronald Biles

Nellie Biles</td>
</tr>
<tr>
<td valign="top">Siblings</td>
<td valign="top">Ron Biles Jr., Adam Biles, Adria Biles,

Ashley Biles Thomas, Tevin Biles</td>
</tr>
<tr>
<td valign="top">Marital Status</td>
<td valign="top">Married</td>
</tr>
<tr>
<td valign="top">Kids</td>
<td valign="top">-</td>
</tr>
<tr>
<td valign="top">Height</td>
<td valign="top">4'8''</td>
</tr>
<tr>
<td valign="top">Weight</td>
<td valign="top">100 lbs</td>
</tr>
<tr>
<td valign="top">Medal Tally</td>
<td valign="top">32</td>
</tr>
</tbody>
</table>

Simone Biles

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