How Much Do Olympic Athletes Make?

Welcome back, Richest fans! Very soon, after a year delay due to the global events, the Olympics will be back in Tokyo, Japan! When we see the athletes participate in the various Olympic sports, it’s easy to think that they have a mountain of cash to go along with representing their country. After all, Usain Bolt is worth millions. However, that’s often not the case. In fact, some of the athletes’ salaries mean they’re financially struggling. Today, we’re going to look at the history and facts of the Olympics and the rewards that some countries pay for their athletes to find a place on the podium.
Now for the spoiler paragraph. If you like surprises, we suggest you stop reading and watch the video multiple times. We start by looking at the United States. We’ll see how after representing her country, Ronda Rousey had only her car to live in. We then have Great Britain. We’ll see how they don’t offer incentives for getting an Olympic medal. Instead, they offer their athletes more funding. However, not everyone is so lucky. We then have Germany. We’ll see how they increased their rewards for their Olympians. Yet some athletes believe it’s still a big problem. We then have the nation to offer the biggest financial incentive with Singapore. One of their athletes won a gold medal and beat the legendary Michael Phelps at the same time. We’ll even explore how billionaire Peter Lim is helping to fund the next generation of athletes. Finally, we’ll briefly see what the actual monetary value is for the bronze, silver, and gold medal during the 2018 Winter Olympics in PyeongChang.
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Written by: Jordy McKen
Narrated by: Adam Newmark
Edited by: AJ Varela
For copyright matters please contact us at: [e-mail]
CHAPTERS:
00:00 Intro
00:35 United States
03:17 Great Britain
04:55 Germany
06:40 Singapore

[@djenzo2450]

So what you're saying is that the athletes are only being used as cash cows

[@aboubacarfall1516]

You can put it like that

[@thebiblicalprophetbrando5709]

Hold up you telling me I made more than a bronze medalist in the Olympics?

[@yoaiin4189]

Yeah but this is the case for a lot of Sports Athletes

[@lonniejohnson7951]

Yeah it doesn't seem worth it

[@hristo5689]

@@lonniejohnson7951 can’t believe there still are people like you who think athletes suddenly stop being athletes if it’s not Olympics.

[@lonniejohnson7951]

@@hristo5689 I didn't mean it like that...all the work they do they should get a higher percentage

[@hristo5689]

@@lonniejohnson7951 those Olympic bronze medalists are top tier athletes earning hundreds of thousands (some even millions) outside of the Olympics. If that’s not worth it I don’t know what is.

[@susanlee101]

Damn Singapore is the only country I’d represent if I was an athlete.

[@BeyondBeast]

They also know that their athletes dont do well that’s why the pay out is so high

[@henrylam92]

@@BeyondBeast Singapore also only has a population of 5.7 mil people. A lot of South East Asian families would rather have their kids focus on education and secure a high paying wage job due to high cost of living in Singapore. The crazy amount of money for the medals supposed to be a motivator for people to do more sports but just like every other country in this video, being an athlete isn’t easy when you have to pay for bills and training

[@supreme5998]

@@janjuan1380 yeah. And she’s now a living legend. She’s the first but that means she’s the only one in her country to have one. The reward is grand because it’s that prestigious.

[@PerAsperaAdAstra27]

If you represent Thailand and wins gold then you get $400,000

[@Mogi.]

They make atleast $2

[@tjazmilano7582]

And u

[@SNTMadeMe]

Sum like that

[@NNNedlog]

😂😂😂

[@samuraiboi2735]

Lmao probably not much

[@notapplicable4567]

Atleast

[@Ronakvevo]

These athletes in their 20s made me feel bad how they are representing their country in the Olympics while my job involves sitting in front of a screen all day. This video made me realize my salary is similar to theirs and I know exactly how much I will earn each month unlike them who can make more than me for a month or significantly less.

[@parikshitsingal9624]

Think about being at the biggest competitive event in the world and making just 10-20 grand for a medal

[@matthewwelsh294]

That is a ripoff

[@erwinekkel9676]

And if you are female do it half naked. Cause there is no way you could perform in the clothes men wear.

[@austinjewell4576]

@@erwinekkel9676 huh

[@goodluckmgonja9715]

Footballers are highly paid for sure. Imagine someone earning 300k pounds per week.

[@ojvic7297]

Messi earns a million a week😂 Football money is ridiculous

[@bandanasaikia6048]

@@ojvic7297 😅🤣

[@balyeetbhagaloe6416]

@@ojvic7297 its not ridiculous at all people get paid to what they are worth messi brings in millions of dollars so he gets paid millions of dollars

[@ojvic7297]

@@balyeetbhagaloe6416 where did i say they ain’t worth it?

[@balyeetbhagaloe6416]

@@ojvic7297 you said it was ridiculous you know what the meaning of ridiculous is right?

[@avocadomusic]

Thanks! This video is very informative.

[@EliF-ge5bu]

This is no different than any other profession, at least in the US. You sacrifice and put in the hard work. Along the way, maybe you find a sponsor. When you're successful, you earn the benefits. You get paid for touring, speaking engagements, your appearances on TV, on commercials, and maybe even a book deal. You can turn professional after your Olympic career is over. You can either be a coach, open your practice, or create a non profit similar to what Nastia Liukin did. The door of possibilities have been opened and it is up to you to make the most of it. I think this is the reason why the US is so successful in the Olympics - we send athletes who are there to win it.

[@richardlawson9723]

Yeah but other professions are not as exclusive, many people can be great teachers doctors etc but not many can be best of the best in an olympic event no matter how hard they try

[@YonsFX]

Wow !! They make so much thanks for the info ! Keep up the great work

[@skimaskbroski2816]

No tf they dont my favorite rapper make more than them🤣🤣🤣🤣🤣

[@NNNedlog]

Gold medal = lifetime of free beer 😂😂😂

[@ankurchauhan8600]

you haven't seen India's prize yet 😂, just check it how much a gold medalist earns here. Even the bronze medalist earns more than gold medalist of USA. 😂

[@ajiteshsriram3226]

Ha ha that is actually true 😂 just checked

[@Superman-sc5wz]

No it's not very low , they get cash in crores from both their state and Central government . Also they get permanent government job . Of course it's less than what they deserve but it's certainly not very low

[@arnabkarak5781]

It's because we have single digit medal winners everytime😂😂,would have been different if the no. of medals is as high as USA got

[@Superman-sc5wz]

@@arnabkarak5781 you can't say that for sure

[@cricketbulletin100]

@@Superman-sc5wz it's a fact he said

[@lyric.x763]

I was waiting for this video for a long time....

[@BadGuyCoffee]

Out in Arizona, there was an Olympic power lifter working at Home Depot.

[@abdulabdulrahman-ho8wj]

Life time beer supply🤣🤣

[@dikshant7549]

In india gold medal winner gets 1 million dollar( but there is no gold)

[@gaudhamsankar208]

@@elonmusk5411 ur dad

[@kumarmanjeet6704]

😆😆😅😆😅😆 kyun galat baate faila rhe hon... Kuch nhi hoga tumhara

[@createidea6244]

1 crore

[@westisinmyblood1240]

Here comes another 3rd world joker

[@sherwinpoh5684]

Rupees?

[@jjhartford17]

But these athletes who wins medal they receive endorsements which gives them money!

[@sycho2888]

Not all get enforcements that for the best of the best or if you have clout around your name

[@mmjctech344]

@@sycho2888 man said "enforcements"

[@jettk7284]

@@mmjctech344 fbi open up😂😂😂

[@molaroismorais8068]

Our country, America, is too greedy as HOG ! The U.S. would even tax a bird who flew in it's air space. What a shame !!??

[@ledesmachristian4875]

❤thank u inspire this sport☺

[@jesusalvarez5663]

Athletes deserve more money than just a medal. Pass it on

[@LONEWOLF-rq5tl]

But why do they? If they deserve a shit ton of money then so do i and everyone else for busting their asses at their jobs everyday,literally!!!

[@hemantks4353]

@@LONEWOLF-rq5tl Athletes do more hardwork in a year than you will do in your entire life. Moreover those are more talented than you . So STFU🙂

[@aminagillen9757]

Love this

[@robinnico9904]

I was actually waiting for Yuzuru and Shoma LOL

[@rudolvonstroheim07]

Wow. This is incredible

[@jayciexeequeqh9723]

Tiktokers make more money than Olympic athletes LOL

[@rakrygard]

That means you're not always rewarded based on the value you've given to society. This is an insane example of how business work (ads, endorsement, etc.). A bit unfair ethically, tbh.

[@ggordon6972]

Thank for the info 💁

[@bbalintartts]

The video starts very well.🙂

[@vlogswithnecii7179]

🇯🇲 🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲 ova yah suh !!!!

[@lyric.x763]

Yeh!!!

[@DAILYDOSEOFCARIBBEAN]

😂😂 hot gyal

[@ytcommentsguy]

"Life time beer supply" It means booze your life time.

[@angelswings7024]

This only applies to the most prolific, most successful sports stars, who happens to have participated or will participate at the Olympics. That's only the top 1-5% of all Olympians in Olympics history. Olympians are meant to be 23 years old and under with three overage participants (for Olympics football, and maybe other team sports like baseball, hockey, basketball, volleyball, rugby, swimming medley of four swimmers per team, pass the baton 100 X 4 metres with four runners per team, etc..). So not many successful young guns, unless they play for a successful rich football (soccer) club (and is a top marquee player), a successful basketball player for a famous basketball team, top marquee player for first grade baseball, etc......

[@karolfudalej9147]

Me:*gasps* I can't *walking aways*

[@lyric.x763]

Ok...now do "how usain bolt spends 90 million dollars" plz

[@adamjb21]

Time to become a citizen of Singapore 🇸🇬

[@EliF-ge5bu]

If you aren't already, you have to be a really rich, like Eduardo Saverin in order for you to be eligible to apply for a citizenship.

[@kaitlynnlebell6368]

Of all the things I heard people buy I wish I could have heard about the vertual reality game I think I'm in love lol

[@candiceperry7916]

It is awesome to watch the richest on youtube

[@mohdumairsiddiqui9194]

Make a video on top 10 richest footballer

[@geheim1871]

In Germany we have divisions in the army and police, which are doing only sports, a lot of the time, the athletes going to olympia are part of those divisons. So they are earning the same as an soldier or an police officer their rank.

[@daxthaxe]

I used to complain about athlete pay in Zimbabwe & Penny Hanes couldn't even train within the country yet would always make the podium. The numbers are so sad when you consider the overall spectacle that is the Olympics + all the effort just to qualify then wait a year under lockdown with no professional team training to get paid peanuts

[@gurusukumaran1304]

In India badminton silver medalist get about 1-2 million and a job IPS level lifelong pension 1000 dollar

[@atharvakshirsagar8461]

This doesn't make sense. Olympic athletes are all millionaires because of endorsements. By athletics i meant sprints running throwing jumping hurdles

[@hemantks4353]

@@atharvakshirsagar8461 Sprinters make much more than any other Olympians

[@Brave-828]

For those wondering, it’s 1 million rupees. Not dollars. Not very much

[@gurusukumaran1304]

@@Brave-828 no 1.7m$ 120000000₹

[@derricksmoke3797]

Nothing.. the the gold metal has less gold in it than a pair of gold earrings.

[@certifiedchaos4643]

The Olympic Athletes should get paid 3500-5000 just for making the team. Then they should get paid performance incentives the further they make in their respected events. I’m addition to the potential prize money. Sad part is I know a few olympians and they’re broke or they have to work two to three job which unacceptable considering how much money the board of the Olympics and country execs make off athletes smh

[@jadenyuki3138]

I met a ski Olympic gold metalist once, he went to my school a decade before I did.

[@akioaslan]

Who tf is getting all those millions if the athletes that are the ones who actually make all the work are getting even less than a salary??

[@Jerrommee]

Thanks i always wanted to know

[@bhajaharighosh159]

6:59 I have no reaction!!!!!

[@elonmusk5411]

They Make Atleast $5

[@dominicthomas7518]

Wow. Nice. It's great to know the stats about Olympics.

[@Journeyman1642]

I’m sure Ronda only had to live in her car for a week or so

[@varun6831]

They make definitely more than me , in dam sure

[@GreatRajsel]

They need to be paid more

[@kim_dokja99]

Do a video on Bernard arnault

[@MemeKing44]

good video, good info thanks. just wanted to point out a full time mcdonalds employee makes 2500$ per month.

[@hurricanemotivation7099]

This video is talking about how much “Olympic Athletes make from their country paying them” Don’t be deceived, most Olympic Athletes are sponsored and make several thousands of dollars/pounds monthly. So for the people saying “I make more than Olympic athletes” no you don’t, your only considering how much they make from this video, and not considering all of their other sponsors.

[@joys8634]

Majority are not getting paid a livable wage lmao. Sponsors or nit unkess thet are getting on the podium

[@westisinmyblood1240]

@@joys8634 you're surely not aware of what you're talking about illiterate

[@dominicthomas7518]

Wow. Nice.

[@desipanda8942]

India pay around 1 million dollar for gold but no-one wins gold

[@mannybains1371]

More than me

[@strickerrash9490]

I know how hard it is to make a video. So thanks for your great effort! However you should have titled it "how much money American, British and some Asian olympic champions make?". That would have made more sense. All Athletes have unfortunately a hard life and I honestly think that governments do not reward them enough for the prestige they give countries. But putting usain bolt as an image made me think you where going to address only legends money. I feel abused 😂

[@who_me4321]

In Uganda you get brand new cars going for about 70-100usd (please note our cars are expensive because of taxes which is usually more than the price of the cars) and companies are free to gift the atheletes and that can be anywhere between 10usd and up. I think being an olympian and a medallist has become common place for the US. So you do it for you own personal pursue and to boost your side hustle.

[@bjird7278]

Is uganda ever won any

[@who_me4321]

@bjird yes we have. In Tokyo we had 2 golds 1silver n 1 bronze.

[@dwighttaylordt]

The Olympics is not a constant business. They operate on a fixed budget each games. Almost 200 countries taking part and teams and personnel to pay for jobs and medals won its impossible for athletes to expect to get rich at the Olympics. That comes from endorsements and more lucrative competitions where better prize money is up for grabs.

[@demarcusthomas5425]

Since they made this video, it's only fair they make a How Much Do Movie Stars Make Video? I hope your listening TheRichest

[@kudakwashemwashayenyi4752]

Am off to Singapore

[@collincombs8222]

There’s no reason I make more than a bronze US gold medalist as a full time college student smh

[@carliewilson2741]

None right? They just get deals with companies!

[@VishnuGupta-pb5pe]

India silver winning player( pv sindhu) earn around 2 million dollars and also get a bmw ( 350000 dollars) from government in Rio Olympics.

[@EliF-ge5bu]

And what that tells you? That India needs to develop its talent pool. For such a giant country, India hardly features on the Olympic podium.

[@Dfm_Sushil]

Interesting

[@blaizegottman4139]

And I thought Olympians didn't make that much

[@VoS_IReapz]

Too lazy to watch the full video

[@ralphy4813]

The guts for Uncle Sam to tax Medal athletes.... damn...

[@knightoyin6500]

Only Singapore is doing it right. Well done.

[@Pesgodx999]

They make so much

[@jeproksbautista6600]

the 1st Olympic Gold Medalist from the Philippines, weightlifter Hidilyn Diaz, will get not less that $660,000 + she's gifted a Condominium worth $280,000.

[@jeproksbautista6600]

@Johnny Johnny Yes Papa kaya nga po, wla masyadong suporta ang gobyerno sa ating atleta pero pag naka ginto nman ay sobra.x ang binibigay from public and private sectors. Kaya nga "Hard Way" talaga ang pagkuha ng ginto ng atletang Pilipino, pero super worth it nman.

[@jeproksbautista6600]

@Katja Wilkinson pa iba.iba kasi every Olympics ang mga nangangako na magbibigay ng premyo sa mga Gold Medalist. Pero may batas tayo nakung sino ang makaka Gold ay automatic may 10M pesos galing sa gobyerno. Hndi pa kasama ang mga taong mag.aabot ng premyo.

[@jeproksbautista6600]

@Katja Wilkinson kaya nga, kasi nga dati pa malalakas ang mga bansang nabanggit mo, samantalang sa Pinas ngayon pa lang naka sungkit ng ginto kaya medyo malaki laki ang sa Pinas.

[@chitratomar2203]

in india olymic medalist got 1 million from government and other firms

[@Brave-828]

I million Indian rupees is not a lot

[@alangwangshu5317]

Indian athletes are paid far more than any other athletes in the world apart from the cash the Indian athletes earned the government of India gave them an officer job as well. Mc Mary Kom And Abhinav Bindra are the greatest example.

[@user-ok100]

In Saudi they give the one who get a medals around 5 million see the karate man that won the silver

[@akaKsmooth]

Top studs make money like an entry level accountant.... Wtf

[@iamascumfuckbastard9269]

Now you know why the most boxers decide to go pro instead of a chance to play at the Olympics even if they would dominate the competition.

[@ushermillergames669]

So a wat gwn with bolt 90mill ????

[@shahbazali9992]

Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.

[@vernethall2276]

Reading books ain't gonna make you rich you could read yourself into a coma and still die poor.

[@MoneyRobot]

Insane what Olympic athletes make. You know what is even more insane? There is this one sound illusion... what do you hear? mommy or money? This awesome MoneyRobot dude shows you the sound illusion, you decide!

[@prabijshrestha]

Instead of spending in millitary these country should focus more on paying their athlete.

[@aminagillen9757]

❤️❤️❤️

[@AnthonyTNT85]

Victory Tax? Pay fines for winning? Wtf lmao... shut this down until they make 100k a year

[@megg8566]

I am disgusted by this treatment of the athletes. The Olympics would not happen if it was not for this people who put everything into the competition.

[@SHELLSHAKKmusic]

How much the Jamaicans make?

[@avishekkashyap1421]

In india we have the Olympic winner a Superstar.♥️ Govt. Give cash reward, car, house ,status

[@divitmalhotra2450]

The best thing abt india ♥️

[@christiantan4715]

look here's the reality if you're a young talented athlete they will scout you give you scholarship to this school and take a course in which 90% self study and 10% catching up lessons so you can focus on practice and paint you a beautiful picture after competition after competition until you broke give u consolation and hesitates to hire u as an instructor depending on your record of medals

[@Fernando-rj4yn]

So it’s not worth getting a athlete scholarship ?

[@MasterCapitalist]

Why do he keep converting price, it's so annoying!

[@fuadanwar9985]

How much do medal nobel prize?

[@dwarrior7546]

They make tree fiddy

[@namraolib5391]

Singapore is a rich country...

[@shawnharrison1715]

They don't make much!! Just ask Lolo Jones she said she actually had to pay to go to the Olympics.

[@randolphwh9551]

Who the hell would do this

[@randolphwh9551]

The nake more that wrestling and get paid less than minimum wage

[@313drepeso313]

I knew it was bad unless you were an elite Olympic athlete but damn each country do them bold. These breakdowns are ridiculous 😡

[@yadwindrabrar1773]

Thats nit the case in india on wining a gold you get 1.2 million from the government and you are likely to get 2 million more from the advertising

[@xxkyoxxzz8165]

Wtf. I have more money than them. Haha

[@chingrimungrei]

In India your life is set if you get a medal. Money, job... Plus you're like a god

[@arch.l.a.deleon445]

They get rich more from endorsements or any appearance with fees.

[@pawangupta7613]

Okk condition in India is better we win less and pay more 0 golds in last Olympics but the silver and bronze winner got $500k-$1million and ads

[@auro1986]

maybe less than how much they loose after you decide to perform a drug test. maybe

[@andreaphillips7540]

I am now Singaporean

[@certifiedchaos4643]

2 million prize payout and they received 625 million. Yea this might be worse than the ncaa man fa real