{"id":1390998,"date":"2021-07-27T08:21:00","date_gmt":"2021-07-27T12:21:00","guid":{"rendered":"https:\/\/sports7.us\/?p=1390998"},"modified":"2022-06-08T14:22:12","modified_gmt":"2022-06-08T18:22:12","slug":"olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke","status":"publish","type":"post","link":"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/","title":{"rendered":"Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke"},"content":{"rendered":"\n<p>While gymnastics might not move the needle during ordinary times, the sport is one of the top draws during <a href=\"https:\/\/sports7.us\/tag\/olympics\/\">the Summer Olympics<\/a>. Even if you don't understand the finer points of technique or can't quite grasp how the scoring system works, there's something universally impressive about watching human beings twist, turn, and flip with incredible ease. When it comes to those feats of strength and agility, <a href=\"https:\/\/sports7.us\/what-new-sport-has-simone-biles-conquered\/\">Simone Biles<\/a> is one of the best around. These days, Biles is one of the world's top gymnasts, which has, in turn, translated into a $16 million <a href=\"https:\/\/sports7.us\/tag\/net-worth\/\">net worth.<\/a> If not for a daycare field trip and a simple joke, though, things could have worked out quite a bit differently.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-simone-biles-has-turned-her-gymnastic-success-into-a-16-million-net-worth\">Simone Biles has turned her gymnastic success into a $16 million net worth<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Simone Biles: My Rio Highlights\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/aPmh7Pb8DXA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Whether you like it or not, modern sports have become a big-money business. That's true even in the world of gymnastics, where <a href=\"https:\/\/sports7.us\/simone-biles-record-setting-yurchenko-double-pike-dangerous-cant-even-believe-completed\/\">Simone Biles<\/a> has reaped the rewards in a major way.<\/p>\n\n\n\n<p>Like most elite athletes, Biles' career began as a child and only continued on from there. She started making a name for herself as early as 2011 and began taking home World Championship gold medals in 2013. Once she took that first step onto the podium, the rest was history.<\/p>\n\n\n\n<p>In addition to dominating the World Championship scene \u2014 she's claimed 19 golds, three silvers, and three bronzes in various editions of the event, setting a <a href=\"https:\/\/www.guinnessworldrecords.com\/records\/hall-of-fame\/simone-biles-most-medals-won-at-the-world-artistic-gymnastics-championships\" target=\"_blank\" rel=\"noreferrer noopener\">Guinness World Record<\/a> \u2014 Biles has also strutted her stuff at the Olympics. During the 2016 Rio games, she earned four gold medals and one bronze, cementing her status as one of the most dominant athletes in the sport. The 2020 Summer Olympics in Tokyo left Biles with an additional two medals: one silver in the team final and one bronze on the balance beam.<\/p>\n\n\n\n<p>As you might expect, that success has brought about some serious financial perks. The gymnast's success and personality have helped her <a href=\"https:\/\/sports7.us\/does-olympics-star-simone-biles-really-have-a-million-people-angry-with-her\/\">score plenty of big-name endorsement deals<\/a>; a recent <a href=\"https:\/\/www.latimes.com\/business\/story\/2021-07-26\/simone-biles-and-endorsements\" target=\"_blank\" rel=\"noreferrer noopener\">Los Angeles Times<\/a> story even speculated that &#8220;she could be the next marketing GOAT, too.&#8221; <a href=\"https:\/\/www.celebritynetworth.com\/richest-athletes\/olympians\/simone-biles-net-worth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Celebrity Net Worth<\/a> estimates Simone Biles' overall fortune at $16 million, which is a sizable sum for any person, let alone at age 25.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-path-to-fame-and-fortune-started-with-a-daycare-field-trip\">The path to fame and fortune started with a daycare field trip<\/h2>\n\n\n\n<figure class=\"wp-block-image size-custom-image-1200\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg?w=1200&#038;h=800&#038;strip=all&#038;quality=89\" alt=\"Simone Biles competes in the vault during the 2020 Olympics.\" class=\"wp-image-1391009\" srcset=\"https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg 1500w, https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg?w=300&amp;h=200 300w, https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg?w=768&amp;h=512 768w, https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg?w=1024&amp;h=683 1024w, https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg?w=1200&amp;h=800 1200w, https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg?w=90&amp;h=60 90w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><figcaption>Simone Biles in action for Team USA at the 2020 Olympics. | Jamie Squire\/Getty Images<\/figcaption><\/figure>\n\n\n\n<p>Thanks to her incredible success and sizable net worth, it's easy to imagine Simone Biles being born with a silver spoon in her mouth. In reality, though, it was quite the opposite. The Ohio native spent early portions of her life in foster care before being adopted by her grandparents in Texas. There, she got her first taste of gymnastics.<\/p>\n\n\n\n<p>As laid out by <a href=\"https:\/\/www.nbcsports.com\/northwest\/tokyo-olympics\/all-about-simone-biles-olympic-gymnastics-goat\" target=\"_blank\" rel=\"noreferrer noopener\">NBC Sports<\/a>, Biles visited Bannon\u2019s Gymnastix on a daycare field trip. After successfully performing a back tuck on solid ground, one of the gymnasts jokingly suggested she try it on the balance beam.<\/p>\n\n\n\n<p>\u201cSo I went and ran up on the beam,\u201d Biles explained. \u201cAnd she screamed at me. She\u2019s like, \u2018I wasn\u2019t serious.\u2019 But I was going to do it.\u201d<\/p>\n\n\n\n<p>While she didn't get to perform that back tuck, the field trip did change the course of sports history. Coaches took notice of the young girl's talent and sent a letter home asking her family to enroll her in gymnastics. They did just that and, nearly two decades later, it's literally paid off with gold medals and an impressive net worth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-simone-biles-is-using-that-16-million-net-worth-to-help-others-in-foster-care\">Simone Biles is using that $16 million net worth to help others in foster care<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Olympic Medalist Simone Biles On Her Scholarship, Lifetime Movie And Larry Nassar | TODAY\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/X2zJaS94rzw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>These days, Simone Biles is about as far away from foster care as one can be. That doesn't mean she's forgotten her past, though.<\/p>\n\n\n\n<p>As reported by <a href=\"https:\/\/www.cbsnews.com\/news\/simone-biles-extends-helping-hand-to-other-u-s-foster-kids\/\" target=\"_blank\" rel=\"noreferrer noopener\">CBS Sports<\/a> in 2018, the gymnast partnered with the online University of People to create a scholarship for children in the foster care system.<\/p>\n\n\n\n<p>&#8220;Once foster kids age out of the system, they often don't have the opportunity to go to a regular university because of all the student fees,&#8221; Biles explained. &#8220;Everyone deserves an opportunity. I was given one, and I want to make sure others get one too.&#8221;<\/p>\n\n\n\n<p>Given that she's already considered one of the greatest gymnasts of all time \u2014 and boasts a $16 million net worth at the age of 25 \u2014 it's safe to say that Simone Biles will have plenty of opportunities to continue paying it forward. Who knows? Her scholarship could be someone's equivalent to that fateful field trip. <\/p>\n\n\n\n<p><strong>RELATED: <a href=\"https:\/\/sports7.us\/tokyo-olympics-youngest-oldest-us-athletes\/\">Tokyo Olympics: These Are the Youngest and Oldest U.S. Athletes<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Simone Biles' road to fame and fortune all began with a daycare field trip and an innocent joke.<\/p>\n","protected":false},"author":117,"featured_media":1391009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[10366,11071],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke - Sports7<\/title>\n<meta name=\"description\" content=\"If not for a daycare field trip, Simone Biles might have never made it to the Olympics and accumulated an impressive net worth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke\" \/>\n<meta property=\"og:description\" content=\"If not for a daycare field trip, Simone Biles might have never made it to the Olympics and accumulated an impressive net worth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/\" \/>\n<meta property=\"og:site_name\" content=\"Sports7\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-27T12:21:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-08T18:22:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joe Kozlowski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@JoeKozlowski_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joe Kozlowski\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/\",\"url\":\"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/\",\"name\":\"Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke - 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Regardless of the sport, Joe is captivated by the stories of athletes beyond the box scores and how they push the envelope \u2014 both in terms of what we think a human is capable of accomplishing and how they find new competitive tactics to win.\",\"sameAs\":[\"\",\"JoeKozlowski_\",\"\",\"\",\"\"],\"jobTitle\":\"Joe Kozlowski | Sports7 Writer\",\"email\":\"\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke - Sports7","description":"If not for a daycare field trip, Simone Biles might have never made it to the Olympics and accumulated an impressive net worth.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/","og_locale":"en_US","og_type":"article","og_title":"Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke","og_description":"If not for a daycare field trip, Simone Biles might have never made it to the Olympics and accumulated an impressive net worth.","og_url":"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/","og_site_name":"Sports7","article_published_time":"2021-07-27T12:21:00+00:00","article_modified_time":"2022-06-08T18:22:12+00:00","og_image":[{"width":1500,"height":1000,"url":"https:\/\/sports7.us\/wp-content\/uploads\/2021\/07\/Simone-Biles.jpg","type":"image\/jpeg"}],"author":"Joe Kozlowski","twitter_card":"summary_large_image","twitter_creator":"@JoeKozlowski_","twitter_misc":{"Written by":"Joe Kozlowski","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/","url":"https:\/\/sports7.us\/news\/olympic-gymnast-simone-biles-owes-10-million-net-worth-to-daycare-field-trip-simple-joke\/","name":"Olympic Gymnast Simone Biles Owes Her $16 Million Net Worth to a Daycare Field Trip and a Simple Joke - 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He covers the NBA and soccer for Sports7, with specialties in legacy NBA players such as Michael Jordan and Premier League club Arsenal. Off the clock, he's a Kansas City Chiefs fan and a hockey goalie. Growing up loving Shaquille O'Neal and reading everything he could about the great big men throughout NBA history \u2014 likely because he was still tall enough, at least relative to his peers, to play center \u2014 he's continued to love learning about and exploring the historical and story-based sides of the basketball archives. As for Arsenal, Joe spent a year living in London and latched onto the local support of the club. He's barely missed a match since, loving Arsene Wenger, enduring the Banter Era, and following along through rebuilds. The Premier League interest developed into a passionate following of the Champions League, Europe's big five league, and international soccer as a whole when played at the highest level. 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