{"id":104861,"date":"2024-07-30T16:55:05","date_gmt":"2024-07-30T16:55:05","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/07\/30\/the-prizes-olympic-athletes-can-win-if-they-bring-home-medals\/"},"modified":"2024-07-30T16:55:05","modified_gmt":"2024-07-30T16:55:05","slug":"the-prizes-olympic-athletes-can-win-if-they-bring-home-medals","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/07\/30\/the-prizes-olympic-athletes-can-win-if-they-bring-home-medals\/","title":{"rendered":"The prizes Olympic athletes can win if they bring home medals"},"content":{"rendered":"
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For most athletes, winning an Olympic gold medal is the achievement of a lifetime – often a culmination of years of hard work, commitment, dedication and intense levels of competing to reach the very top.<\/p>\n

But for some athletes at Paris 2024<\/strong><\/a>, a gold medal could also land them a significant prize.<\/p>\n

National Olympic committees and government sports ministries of different nations sometimes award prizes to athletes who win gold.<\/p>\n

The US business magazine, Forbes, reached out to all 206 countries and territories participating, with 33 confirming they will award cash prizes.<\/p>\n

Olympics live: Team GB secure another gold<\/a><\/strong><\/p>\n

Of those, 15 verified they will pay more than $100,000 (\u00a377,750) to athletes who top the podium.<\/p>\n

Hong Kong, which competes independently of China at the Olympics, offered the most to gold medallists of those respondents.<\/p>\n

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\n Hong Kong’s Ka Long Cheung will have earned nearly \u00a3600,000 for winning a gold medal in fencing, according to Forbes. Pic: Reuters
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The territory awards a prize of $768,000 (\u00a3597,300) for a gold medal and $380,000 (\u00a3295,500) for a silver medal.<\/p>\n

Israel followed in second of those who responded, offering $275,000 (\u00a3213,900) for gold, $192,000 (\u00a3149,000) for silver and $137,000 (\u00a3106,000) for bronze.<\/p>\n

The other countries which pay more than $100,000 in bonuses for gold medals:<\/p>\n