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Millions, Nothing, or Even an Apartment: Find Out What Each Country Gives for Medals at the Olympics

The Olympic Games are almost over, and many athletes have already taken to the podium to celebrate winning a medal. But in addition to taking home a symbol of their achievement, many are rewarded in their home countries with financial and other prizes, some of which are determined by their National Olympic Committees. Find out about some of the compensation paid to Olympic champions when they return home.

Perhaps the most surprising countries on the list are Kazakhstan, Norway and the UK, but for different reasons. Kazakhstan, according to local media, provides an apartment and, depending on the athlete’s qualifications, has more or fewer rooms: for the gold medal – T3, for the silver – T2, for the bronze – T1. In addition to houses, athletes also receive a cash prize of about 230 thousand euros for first place, 137 thousand for second and 69 thousand for third.

Norway, on the other hand, does not place as much importance on the athlete as the UK. The US is also among the countries that give athletes less: somewhere between 33,000 euros and 15,000 euros. The explanation for these values ​​may be that the country is one of those that invests the most in athletes throughout their careers.

Lower than the US, only Germany gives even less for a medal. About 20 thousand euros is the amount that the first qualified person receives, the second – 15 thousand euros, and the third – 10 thousand euros.

This year’s host country France also gives a little more, but first place gets around 65,000 euros, while the other places collect around 25,000 euros and 15,000 euros.

You our brothers They are quite generous when it comes to rewarding athletes for their efforts in these competitions. In Spain, first place brings in around 94 thousand euros, second – 48 thousand euros and third – 30 thousand.

Portugal is far from the podium when it comes to the biggest prizes. The first place medalists receive 50,000 euros, while the silver and bronze medalists receive 30,000 and 20,000 respectively.

On the other hand, one of the countries that gives the most to athletes is Singapore, according to the Big Games payment program. The gold medal costs 675 thousand euros, second place – 337 thousand euros, third – 168 thousand euros. Taiwan is not far behind, first place gets 656 thousand euros, second place 229 thousand euros and third place 164 thousand euros.

The Philippines is also buzzing with awards: after gymnast Carlos Yulo won two gold medals, several news stories listed the prizes he will win: a fully furnished three-bedroom apartment worth about €380,000; €158,000 paid by the Philippine Sports Commission plus €56,000 from the House of Representatives. But don’t think it’s all over, Yulo will receive free meals at some local establishments for the rest of his life, an iPhone 16, and free colonoscopies and gastroenterologist consultations for the rest of his life, but only from the age of 45.

Author: SATURDAY
Source: CM Jornal

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