Some Olympians get rich by winning gold, others don’t get a dime

Depending on what country you represent, an Olympic gold medal can make you quite wealthy or give you nothing more than pride and glory.

Singapore stands out as the nation that gives the largest incentives to their Olympic athletes. Gold winners are awarded with $1 million Singapore dollars (over $750,000 USD). Singapore also offers sizable bonuses for silver ($379,000 US) and bronze ($189,000 US) medals.

In the other end of the scale are countries like Norway, Sweden and Croatia that have no cash bonuses for medaling. Great Britain doesn’t award their athletes either. Instead, athletes get their face on a stamp, but they will often receive sponsorship contracts that can give more money than most higher paying countries.

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