How Much Olympic Medalists Make

Olympic athletes aren’t paid to compete, but when they win, they usually do get a little somethin’ somethin’ from their home countries. The U.S. Olympic Committee is paying out $37,500 per gold medal this year, $22,500 per silver, and $15,000 for each bronze. And that’s actually on the LOW END. Some countries give out WAY more.

• Serbia is at the top of the list, with $214,000 per gold medal. (Although they only have TWO gold medals so far, so they’re paying out way less than the U.S.)
• Malaysia and Morocco are also in that range.
• Australia is the cheapest country, only handing out $13,340.
• Singapore reportedly had a $737,000 bounty on gold medals in 2021 (but they didn’t win ANY medals that year).
• Gymnast Carlos Yulo of the Philippines just became his country’s first male gold medalist, and he’s getting private sector gifts like a condo, a house, free food for life . . . plus about $450,000 from his government.