Photo from indianolympicdream/Instagram Paris Olympic athletes who secured podium finishes are taking home medals and engraving their legacy in the annals of history. In some countries, they also receive hefty bonuses. Traditionally, Olympians take home the Olympic mascot stuffed toys.
But this year, they’re receiving an “exclusive box,” featuring a unique twist and sparking curiosity about what’s inside the boxes. Aside from these tokens, the world champions also enjoy financial rewards. Here’s a list of the top countries where Olympic medalists have a hefty payday.
Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . Photo from olympicsfrance/Instagram Below are the top payouts (in US dollars) collected by CNBC from local reports and sports associations.
This year, a few countries have upped the ante, giving out substantial Olympic prize money to their top athletes. Hong Kong is leading with the biggest payout – $768,000. Last July, the country’s Chief Secretary for Administration Chan Kwok-ki announced that cash incentives have increased 20 percent, compared to those given out in the Tokyo Olympics.
Singapore, in the second spot, offers their silver medalists SG$500,000, while the bronze medalists earn SG$250,000. You may also like: Meet Fil-Brit Olympic bronze medalist in gymnastics Jake Jarman Another Southeast Asian country on the list, the Philippines is rolling .