Friday, October 3, 2025
  • Lowyat.NET
  • Lipstiq
  • Murai MY
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
No Result
View All Result
Hype Malaysia
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News
  • Giveaways
    • Contests
Hype Malaysia
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News
  • Giveaways
    • Contests
No Result
View All Result
Hype Malaysia
No Result
View All Result
Home Lifestyle

The Gift Of A Gold Medal: Have A Look At Each Country’s Rewards For Their Olympic Athletes

by Preevena
July 30, 2021
Source: MARCA

Source: MARCA

160
SHARES
Share on FacebookShare on Whatsapp

Historically, the Olympics were primarily a part of a religious festival in honour of the father of the Greek gods and goddesses, Zeus! Held in Olympia, the athletes of the Olympics, were all male citizens of the city-states from every corner of the Greek world! This event began in the year 776 BC, when Koroibos, a cook from the nearby city of Elis, won the station race, a foot race spanning 600 feet long. Literary traditions have stated that this was the only athletic event of the games for the first 13 Olympic festivals. The Olympics, have come a long way, since!

Now, with a total of 206 countries competing across 400 events and 35 different sports in the latest edition of the Tokyo 2020 Olympics, there has been a lot of changes and positive modifications executed — from allowing two flag bearers (a female athlete and a male athlete) to athletes displaying importance to their mental health such as Simone Biles. The games have also managed to bring a country together just to support their respective national athletes.

Source: NBC

Take Malaysia for example; despite our varying political ideologies and religious beliefs, we’d still come together to support our local athletes even in the games that we’re unfamiliar with such as badminton, gymnastics and archery. With every country sending off their best athletes and aiming for the medals especially the prized gold medal, it is no doubt that the winners would be given much honour back home.

Therefore, here’s a list of countries and the rewards that are given to their athletes for winning the medals in the Olympics, to fuel your curiosity!

Malaysia

Source: KL Foodie

Let’s start with our country first! Our National Sports Council has allocated a Skim Hadiah Kemenangan Sukan where cash gifts of different amounts are given out to the athletes. This depends on their medal placement too in different sports events.

  • Bronze medal winners – RM100,000
  • Silver medal winners – RM300,000
  • Gold medal winners – RM1,000,000

That’s not all! Another initiative done by the government is the Skim Imbuhan Tetap Olimpik, where athletes would be paid a lifetime monthly salary. This amounts to, RM5,000 for gold, RM3,000 for silver and RM2,000 for bronze. Besides this, there are also sponsorship opportunities from big brands for the winners. The winners would also receive the highly coveted Datukship title among many other state honours.

Singapore

Source: Channel News Asia

Our friendly neighbour has given out generous rewards too. In 2018, swimmer, Joseph Schooling received $737,000 due to his epic gold medal win. It should be noted that this was Singapore’s first-ever gold medal in the Olympics. For silver medal and bronze medal winners, the athletes would win, $369,000 and $184,000 respectively.

However, here’s the catch. 20% of the cash prize money must go back to the National Sports Association for training and development.

South Korea

Source: Korea.net

Apart from providing bonuses which are apparently, lesser than that of the countries aforementioned, South Korean medal winners could be exempt from military services. That seems like a fair trade for many South Korean athletes out there. Besides that, the Nongshim Group once gave gold medallists a lifetime supply of instant noodles!

Germany

Source: New York Times

At the Rio Olympics in 2016, German medallists were paid 20,000 euros each. However, they seem to have another eccentric way to display their gratitude towards their athletes. They would be given their national pride — beer! As long as they win the medal, the athletes would enjoy 50 litres of beer every month for a whole year.

United Kingdom

Source: Westminster’s Collection

If you hail from the British Isles, getting monetary awards is definitely not possible. Team Great Britain has won more than 50 medals in Rio but neither the government nor the British Olympic Association gave the athletes any reward money due to the stance of the association which believes that the athletes are motivated by their desire to represent their country and their love for the sport. However, these athletes are still their nation’s pride. The winning Olympians can get stamp sets with their own heads and the postbox of the champion’s hometown would be painted in gold.

Belarus

Source: The Telegraph

Good food is indeed a priority in Belarus. The medal winners would be given free sausages for life. The gold medallists would receive $150,000 for their exceptional performances.

North Korea

Source: Inside The Games

This is definitely a nail-biting moment for the athletes. In a do or die situation, the winning athletes would get a bonus, a car or even a house. However, here’s the twist! If they lose the event, under any circumstance, they reportedly would have to face heavy labour in coal mines. This is extremely terrifying.

United States of America

Source: Eurosport

The land of the Star-Spangled Banner pays their winning athletes too — but in a much smaller amount. Gold medallists would receive $37,500, silver medallists would receive $22,500 and bronze medallists would receive $15,000 for their hard-earned achievement. American medallists would have to pay state and federal taxes on the prize money awarded and the winners of the gold and silver medalists would be taxed on the value of the medals themselves! However, the value of a bronze medal is too negligible to be taxed.

View this post on Instagram

A post shared by Team Malaysia (@teammsia)

Nevertheless, winning and losing is definitely part of any sporting event. The athletes at the Tokyo Olympics have achieved so much by just participating in the games as it’s definitely difficult to qualify for the Olympics. Regardless of the rewards given to our national athletes, we should feel proud of them for representing our country. Let’s cheer them on!

Tokyo Olympics 2020
https://lomp.at/p95ta
Share64SendTweet40Share

Follow us on Instagram, Facebook or Telegram for more updates and breaking news. 

FOLLOW THE HYPE

Lifestyle

Devialet Phantom Ultimate Lands In KL & Turns Music Into Pure Emotion

by Dean Zaini
October 2, 2025

Devialet, the French audio powerhouse known for pushing the limits of sound, has finally brought its latest creation—the Phantom Ultimate—to...

Read more
Lifestyle

HOYA Expands A Million Visions With Free Kids’ Eye Exams This World Sight Day

Kids today spend more time on TikTok than in the playground—and our eyes are paying the price. Experts predict that...

Read more
by Dean Zaini
October 2, 2025
Lifestyle

From Law Books To Runway Looks: Charlotte Netto Is Miss MalaysiaIndian Global 2025

The 26th Annual Miss MalaysiaIndian Global (MMIGLOBAL) Grand Finals lit up Klang as Johor-born Charlotte Netto, 28, a lawyer based...

Read more
by Dean Zaini
October 1, 2025
Source: Facebook/Books Kinokuniya Malaysia
News

Kinokuniya Bookstore Warns Customers To Beware Of Fake Free Book Scams

Kinokuniya Malaysia has issued a public warning after discovering several fraudulent social media accounts impersonating the bookstore. These fake accounts...

Read more
by Melissa
September 29, 2025
SOURCES: FACEBOOK (Selangor Royal Office) & INSTAGRAM (@rmselangor)
News

Several Road Closures In Klang This Weekend In Conjunction With Selangor Crown Prince’s Wedding

Earlier this week, Raja Muda of Selangor Tengku Amir Shah, announced his plans to marry his partner, Afzaa Fadini Abdul...

Read more
by Adleena
September 26, 2025
Source: YouTube/PlayStation
News

(Video) Is Malaysia Featured In The Upcoming Marvel’s “Wolverine” Video Game?

We always love it when Malaysia is mentioned or featured in an international project – whether it’s a film, a...

Read more
by Afiq Amin
September 26, 2025
Source: IG/wearelol.asia, RepublicRecords
News

(Video) Netizens Slam The Alice Experiment Creators Over AI Vs Animation Comparison

Earlier this month, following heavy backlash from anime and cosplay fans, Cos-Mic Asia issued an apology for inviting the AI...

Read more
by Afiq Amin
September 26, 2025
SOURCE: FACEBOOK (@mmCineplexes)
News

mmCineplexes Announce Immediate Closure After Parent Company Enter Voluntary Liquidation

Things don’t seem to be looking positive for cinema chains recently, with many outlets closing down in the past few...

Read more
by Adleena
September 24, 2025
Load More


TOP STORIES TODAY

  1. 1

    #SIWON_OUT: Super Junior Choi Siwon Under Fire For Islamophobic Post

  2. 2

    Siti Nurhaliza To Hold “Legacy 30” Anniversary Concert In 2026

  3. 3

    Aaron Kwok’s Wife Moka Fang Reportedly Gave Birth To Baby Boy

  4. 4

    Did DOLLA Member Sabronzo Secretly Get Married In Bali?

  5. 5

    Ryu Da In: 6 Fun Facts About “Bon Appétit, Your Majesty” Actor Lee Chae Min’s GF

Malaysia’s live-wire for the latest news, trends, and entertainment is finally here. We are your calendar, your grapevine, your comic relief, your post-event coverage, and your celebrity stalker. Did we also mention that we are also your gateway to the world?



Contact us: newsdesk@hype.my



  • About
  • Advertise
  • Jobs
  • Terms
  • Privacy Policy

©2025 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News
  • Giveaways
    • Contests

©2025 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News
  • Giveaways
    • Contests

©2025 Vijandren Ramadass. All Rights Reserved.