These are the cash incentives of Olympic medalists of other countries.
OLYMPIC MEDALISTS CASH INCENTIVES – Here are the gifts and incentives triumphant Olympics athletes from other countries will receive.
Hidilyn Diaz of the Philippines made a historic feat during the 2020 Tokyo Olympics for bagging the gold medal, the first, in the history of the country. She won in the 55 kg category of weightlifting placing the world record holder from China in silver. And for this tear, several athletes of the country have bagged several other medals ranging from silver and bronze and surely, a hefty amount of incentives for their hard work and sacrifices await them.
After Hidilyn’s Olympic gold, she is now raking in millions from the government and private companies on top of other rewards. She is now to receive a total of Php 55.5 million in cash with other pledges like houses and lots, lifetime free flights, lifetime free gas, free food, and many other privileges.
If this is how it is done in the country, how about in the other countries? What will be the prizes triumphant athletes of other countries will be receiving?
For the United States, the gold medalist is slated to receive $37,500 or approximately Php 1.9 million, it will be $22,500 or Php 1.1 million, and $15,000 or around Php 755k for the bronze. Apart from the cash, they will also be given other privileges such as health insurance, access to great medical facilities, and college tuition assistance.
For Singapore, they will be giving SGD1M or Php 37 million for those who will get the gold. Unfortunately, no one from the 23 athletes they sent was able to bag a medal.
Check out below:
| COUNTRY | GOLD | SILVER | BRONZE |
| Singapore | $744,000 or PHP37M | $372,000 or PHP18.7M | $286,000 or PHP14.3M |
| Taiwan | $716,000 or PHP36.1M | ||
| Hong Kong | $644,000 or PHP32.4M | $322,000 or PHP16.2M | $161,000 or PHP8.1M |
| Indonesia | $346,000 or PHP17M | ||
| Bangladesh | $300,000 or PHP15,1M | $150,000 or PHP7.5M | $100,000 or PHP5M |
| Kazakhstan | $250,000 | $150,000 | $75,000 |
| Malaysia | $241,000 or PHP11.8M | $72,200 or PHP3.6M | $24,100 or PHP1.2M |
| Italy | $212,400 or PHP10.7M | $106,200 or PHP5,3M | $70,800o PHP3.6M |
| Philippines | $200,000 or PHP10M | $99,000 or PHP5M | $39,700 or PHP2M |
| Hungary | $167,500 or PHP8.4M | $125,600 or PHP6.3M | $95,500 or PHP4.8M |
| France | $65,000 or PHP3.3M | $25,000 or PHP1.2M | $15,000 or PHP755K |
| Russia | $61,000 or PHP3M | $38,000 or PHP1,9M | $26,000 or PHP1.3M |
| Brazil | $47,500 or PHP2.4M | $28,500 or PHP1.4M | $19,000 or PHP956K |
| Japan | $45,200 or PHP2.1M | $18,100 or PHP911K | $9,045 or PH455K |
| USA | $37,500 or PHP1.9M | $22,500 or PHP1.1M | $15,000 or PHP755K |
| South Africa | $37,000 or PHP1.8M | $19,000 or PHP956K | $7,000 or PHP352K |
| Germany | $22,000 or PHP1.1M | $17,000 or PHP856K | $11,000 or PHP554K |
| Canada | $16,000 or PHP805K | $12,000 or PHP604K | $8,000 or PHP403K |
| Australia | $15,100 or PHP760K | $11,400 or PHP574K | $7,600 or PHP383K |
READ ALSO:
- Hidilyn Diaz Takes PH’s First Olympics Gold, Celebs React To Her Win
- Nesthy Petecio One Win Away From Gold Medal, Netizens Celebrate Online
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