VANGUARD
As the 2024 Paris Olympics came to an end on Sunday, athletes who won medals at the Olympics will receive more than just gold, silver, or bronze awards.
While the International Olympic Committee (IOC) does not provide prize money, many countries reward their medallists with financial bonuses and other unique gifts.
The United States ended the game as the country with the most medals with 126, followed by China with 91, and Great Britain in third place with 65.
According to Economic Times, here are the countries with the highest reward for their winning medallists at the 224 Olympics.
Hong Kong
Following the conclusion of the 2020 Tokyo Olympics, the country increased its prize money for medal-winning athletes by 20 per cent. Gold medallists from Hong Kong now receive 6 million Hong Kong dollars ($768,000). Silver and bronze medallists earn HK$3 million and HK$1.5 million, respectively.
With a total of four medals (two each in swimming and fencing), the country will pay out $1.9 million to the winning athletes.
Singapore
The Southeast Asian country is second on the list, paying 1 million Singapore dollars ($745,300) to gold medallists, SG$500,000 ($373,000) to silver medallists, and SG$250,000 ($186,000) to bronze medallists.
The country will pay $186,00 to its only medallist, who won silver in sailing.
Indonesia
Indonesia is the third Asian country on the list, with $300,000 for gold medallists, $150,000 for silver medallists, and $60,000 for bronze medallists.
The country won a total of three medals (gold in sports climbing and weightlifting and a bronze in badminton).
