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Sunday, August 4, 2024

Olympic Medal Bonuses

An excerpt from CNBC - 

Here’s how much athletes at the Paris Olympics earn for winning medals

By Lee Ying Shan

Aside from a medal, a stuffed toy of the Olympics mascot and a “mysterious” box containing the official event poster, some medalists receive additional financial rewards for their efforts.

While the IOC does not give out prize money for winning medals, several home countries do reward their athletes with medal bonuses.

Olympic medal bonuses

Here's how much money athletes get for finishing on the podium.

Table with 4 columns and 14 rows.
Hong Kong$768,000$384,000$192,000
Singapore$745,000$373,000$186,000
Indonesia$300,000$150,000$60,000
Israel$271,000$216,000$135,000
Republic of Kazakhstan$250,000$150,000$75,000
Malaysia$216,000$65,000$22,000
Spain$102,000$52,000$33,000
France$87,000$43,000$22,000
South Korea$45,000$25,000$18,000
United States$38,000$23,000$15,000
Japan$32,000$13,000$6,000
Poland$25,000$19,000$14,000
Germany$22,000$16,000$11,000
Australia$13,000$10,000$7,000


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