Olympics 2024 Prize Money: Here’s how much players at the Paris Olympics get for winning medals
Here is the list of award money athletes get for finishing on the podium in Olympics.
Hong Kong and Singapore top the list for the highest cash payouts for Olympic victories.
Source: National Olympic Committees, local reports
Hong Kong and Singapore are among the highest contributors when it comes to rewarding Olympic athletes. Hong Kong recently increased its cash rewards by 20% since the Tokyo Summer Olympics. Gold medalists from Hong Kong now receive 6 million Hong Kong dollars ($768,000). Silver and bronze medalists earn HK$3 million and HK$1.5 million, respectively.
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Singapore also offers significant financial incentives. The country provides 1 million Singapore dollars ($745,300) for a gold medal, SG$500,000 for a silver, and SG$250,000 for a bronze. Joseph Schooling, the only Singaporean athlete to receive the top cash bonus, earned it by defeating Michael Phelps in the 100-meter butterfly at the 2016 Rio
