According to data recently released by the Singapore National Olympic Council (SNOC), athletes who win gold medals on behalf of Singapore in Olympic events will receive SG$1 million (approximately HK$5.8 million) through the Multi-Million Dollar Awards Programme (MAP). Silver medal and bronze medal winners will also receive SG$500,000 (approximately HK$2.9 million) and SG$250,000 (approximately HK$1.45 million) respectively.

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According to CNBC, Kazakh Olympians will receive a bonus of US$250,000 (approximately HK$1.95 million) from the government after winning gold medals, US$150,000 (approximately HK$1.17 million) for silver and US$75,000 (approximately HK$580,000) for bronze. In addition, the government will provide apartments for winning athletes. Kazakhstan has already won one gold medal and two bronze medals at the Paris Olympics and ranks 20th in the Olympics medal list (at the time of writing this).

Multiple media reported that the Serbian Olympic gold medallist will receive a bonus of US$218,000 (approximately HK$1.7 million) and enjoy a monthly national pension starting at the age of 40. Silver and bronze medallists will also receive the same pension benefits.

Serbia has won its first gold medal at the Paris Olympics a few days ago. Zorana Arunović and Damir Mikec topped the podium together in the 10m air pistol mixed team event.

According to Forbes, Malaysia will pay US$214,000 (approximately HK$1.67 million) in bonuses to athletes who win gold medals at the Paris Olympics. In addition to providing bonuses to medal winners, all Olympic athletes can receive a lifetime pension starting from the age of 40, ranging from approximately HK$3,100 to HK$8,600 per month. On top of this, all gold medallists will also receive a car as a reward.

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According to Forbes, Italy adopts the same bonus system for individual and group events. Whether it is an individual or team event, each medal-winning athlete can receive the same amount of reward: a gold medal of approximately US$196,000 (approximately HK$1.53 million), a silver medal of US$98,000 (approximately HK$760,000), and a bronze medal of US$65,000 (approximately HK$510,000).

Philippine weightlifter Hidilyn Diaz won the 53kg category at the Tokyo Olympics, earning the country’s first Olympic gold medal. Bloomberg reported that she received a total of 35.5 million pesos (approximately HK$4.74 million) in bonuses from the government and business circles. In addition, she also received a house in Tagaytay City (given by Abraham Tolentino, president of the Philippine Olympic Committee) and a luxury apartment worth 14 million pesos (approximately HK$1.87 million) (gifted by Chinese Filipino tycoon Andrew Lim Tan).

The latest documents from the Philippine Sports Commission show that all national athletes who win medals in international events can receive bonuses. An Olympic gold medallist is entitled to up to 10 million pesos (approximately HK$1.33 million).

This article was originally published in Chinese by Cathy Huang. 

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