Singapore paid the most to its Olympic gold medal winners in Rio

The USA shelled out £19,000 per winner but it was a different story for Team GB.

Rio 2016 Olympics
Rio 2016 Christ the Redeemer overlooks Rio de Janeiro. Image Picture Matthew Stockman/Getty

The USA and Team GB may have finished first and second in the medal table at the Rio Olympics but they are some way off when it comes to offering the biggest gold medal bonuses at the Games.

In fact, figures produced by Statista.com put a surprising nation top of the charts when it comes to offering the biggest financial reward to their gold medal winners – Singapore.

The data shows that Southeast Asian island city-state offers its Olympians around $753,000, or roughly £578,000, in the event that they take gold in their chosen event.

Singapore claimed its first ever gold medal at the Rio games, with swimmer Joseph Schooling claiming victory in the 100m butterfly and a sizeable bonus in the process – a worthy reward for an athlete who, at 14, left his home to train in the US.

Infographic: Some Athletes Are Chasing Huge Gold Medal Bonuses | Statista

Indonesia are next in the money rankings, with gold winners claiming a bonus of $383,000 or £294,000.

Like Singapore, Indonesia claimed one gold at the South American games with Badminton pair Liliyana Natir and Tontowi Ahmad emerging victorious in the mixed doubles.

Azerbaijan ($255,000 – £196,000), Kazakhstan ($230,000 – £176,000) and Italy ($185,000 – £142,000) completed the top five, with no other nations at the Rio Olympics offering a six-figure bonus for those finishing top of their given fields.

In fact, USA, Germany and Australia all offered less than $25,000 or £20,000 per gold medal winning athlete with Team GB winners receiving no formal bonus for their efforts in Rio, though we dare say a few could be on course to land lucrative endorsement contracts.

Any budding athletes out there might want to consider switching allegiances to Singapore though.

Previous Post
Next Post

Loaded digital media manager Simon Reynolds has written about film and entertainment for various leading websites since 2008. Follow Simon at @simonreyn