Revealed: The eye-watering value of Simone Biles’ iconic Olympic goat necklace

It has 546 diamonds?!

4 months ago

After winning gold at the all-around women’s gymnastics final last night, Simone Biles really did cement her GOAT status. The medal marked her second gold in the Games and sixth Olympic gold overall. And how did she celebrate it? By wearing an ICONIC goat necklace. I am truly obsessed.

After winning in Paris last night, she wore the necklace featuring a massive 546 diamonds alongside her gold medal. The necklace is, of course, a reference to her “greatest of all time” status. But how much does it cost? We know Simone has a hefty net worth of over $20 million so she’s definitely got the cash to splash on something fancy.

Via Xinhua/Shutterstock

Well, speaking to The Tab, Jeremy Hinds, Sales Development Director at F. Hinds estimates Simones’s necklace to be worth a huge £50,000 ($63,739.75 USD) because of the many, MANY diamonds it has.

Speaking about the necklace after her win last night, Simone said: “My GOAT necklace is just kind of an ode because the people love it and then some people hate it, so it’s like the best of both worlds. And I was like, ‘Okay, if it goes well, we’ll wear the GOAT necklace. I know people will go crazy over it.’ But at the end of the day, it is crazy that I am in the conversation of greatest of all athletes, because I just still think I’m Simone Biles from Spring, Texas, that just loves to flip.”

The necklace is designed by Janet Heller Fine Jewelry, who, in a post on Instagram called it a “three-dimensional masterpiece adorned with 546 diamonds that embodies her unparalleled status in gymnastics.”

From £60k to £1.5million: How much the I’m A Celeb 2024 campmates are being paid

Tulisa ‘raging’ about I’m A Celeb axe and has wiped all evidence of the show from her Insta

Right, here’s how popstar priest Reverend Richard Coles made his secretly whopping fortune

View this post on Instagram

A post shared by Janet Heller Fine Jewelry (@janethellerfinejewelry)

The caption of the post reads: “In the realm of gymnastics, few names resonate as profoundly as Simone Biles. As she graces the Paris 2024 Olympics, her journey is not just one of medals and records, but of breaking barriers and redefining the sport. To commemorate her remarkable achievements and undeniable legacy, Simone Biles commissioned these exquisite pieces from Janet Heller Fine Jewelry.

“The GOAT necklace, a three-dimensional masterpiece adorned with 546 diamonds, embodies her unparalleled status in gymnastics. Crafted with meticulous precision, this piece reflects her dedication, perseverance, and the spirit that has inspired generations. Simone also wears the Olympic rings necklace, another bespoke creation celebrating her journey through multiple Olympic Games. These necklaces serve as representations of her strength and inspiration, encapsulating the essence of her extraordinary career.

“Each piece, crafted by Janet Heller Fine Jewelry, is a testament to the enduring legacy of a true champion. As the Paris 2024 Olympics unfold, all eyes are on Simone Biles – the GOAT both on and off the mat.”