Simone Biles made a $1,000 luxury fashion investment after expanding her business portfolio

Simone Biles has spent years making history on the gymnastics floor. But in May 2026, the Olympic champion offered fans a glimpse of a different kind of investment, one involving luxury fashion and her life beyond competition. With a playful Instagram Story featuring Christian Louboutin heels, Biles showed that building a business portfolio can also leave room for personal style and a little indulgence.Simone Biles' Christian Louboutin heels bring a luxury twist to her business journeyThe 29-year-old gymnast shared the photo on Instagram Stories on Wednesday, May 27, giving followers a close-up of her white Christian Louboutin Hot Chick pumps. The shoes, known for their signature red soles and elegant design, typically retail for around $945 to $1,045 in the United States.Biles added a caption that quickly caught attention:“The goal this year was to invest in nice \[expletive\] shoes, for work of course 🤍”The remark offered a fun look at her mindset in 2026. While Biles has made major moves in business, her latest purchase was not another sports venture or corporate deal. It was a luxury fashion choice that she jokingly framed as a work-related investment.That small detail made the post feel relatable. Even someone with an extraordinary list of achievements can enjoy setting personal goals, treating herself and finding confidence in what she wears.The shoes also fit a broader shift in Biles' life. Her identity now reaches well beyond gymnastics, with business, public appearances and personal style becoming part of her story. The Instagram post did not announce a new venture, but it showed a lighter side of the work that comes with building a life after years of elite competition.Simone Biles expands her business portfolio with Taste of GoldBiles' shoe post came just months after she entered a new business space. On March 25, 2026, she opened Taste of Gold, a restaurant at George Bush Intercontinental Airport in Houston, Texas.The restaurant draws inspiration from her Olympic career, blending food with details that celebrate her achievements. Its décor includes a photo from her medal-winning balance beam performance, while the menu features sandwiches, Tex-Mex dishes and a signature item called “Simone Skewers.”Taste of Gold marks a notable step for Biles, giving her a business presence outside the world of sports and endorsements. It also shows how athletes can turn their names and personal stories into ventures that connect with fans in new ways.Still, her latest fashion purchase offered a more personal glimpse into that evolution. Biles has not suggested that the Louboutin heels are tied to a specific business deal. Her caption instead mixed humour with the idea of dressing for work, leaving room for the simple pleasure of buying something she loves.Biles' achievements remain remarkable. She has earned 11 Olympic medals and 30 World Championship medals, placing her among the most decorated gymnasts in history. Her husband, Chicago Bears safety Jonathan Owens, has also supported her career, including travelling to major competitions.As Biles continues to explore life beyond the gym, her ventures may range from restaurants to other business opportunities. But her May Instagram Story offered no grand announcement or major financial revelation. It was simply a snapshot of a champion enjoying a luxury purchase, with a wink toward the next chapter of her career.Get the latest Sports News and Live updates. Download the TOI app.