This Is How Much Every Country Pays To It's Olympics Medal Winners

Aug 15, 2016 Suhas 23 views
This Is How Much Every Country Pays To It's Olympics Medal Winners

#5 Olympics

Olympics is considered to be the most elite sporting event in the world. Nothing can beat the importance and grandness of this universal event that brings together the best athletes of all the countries together.

Athletes practice their whole life to participate in the Olympics and they sweat in blood during their training sessions. Very few win medals and become immortal in their respective sport.

#4 The Medals

Winning a medal is not easy. So much of hard work goes into doing it. Not many know what exactly are these medals made up of.

1. Gold - The medal is worth $600. The gold medal actually has just 1% of actual gold. It's 92.5 % silver and 6.16% copper.

2. Silver - The medal is worth $325. It consists of 92.5% silver and 7.2% copper.
3. Bronze - The medal is worth $3. It is 97% copper, 2.5%zinc and 0.5% tin.

Do you have any clue about how much money does an athlete gets from his country after winning any of these medals?

Keep reading ahead to know that.

#3 Highest Prize

Just so that you know, athletes winning the medals have to pay tax for that. Singapore gives the best reward. It gives $734,000 to gold medal winners, $367,000 to silver medal winners and $183,500 to bronze winners.

Whereas a country like UK gives no incentives to its players. Great Britain is the only major contender which offers no cash prize to its medal winners.

#2 This Prize!

Countries Like Thailand and Malaysia awards its winner athletes in a different way. Thailand offers its players an amount of $314,000 over a period of 20 years.

Malaysia rewards its gold medal winners by giving them a solid gold bar worth a whopping $600,000!

#1 The Video

Surprisingly, bigger countries offer a lesser amount on winning medals. Countries such as France, China, U.S.A and Germany offer a very less amount to the medal winners.

Checkout the video for more such unknown Olympic records.

S
Written by
Suhas
Writer at Bloggers Arena

Suhas writes viral stories, facts, entertainment, lifestyle, and human-interest articles for Bloggers Arena.


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