Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Saudi Arabia’s Olympic Gold Medal Prize Money Could Be ‘Beyond Measure’

wikitree Views  

Paris Olympic Medals / International Olympic Committee Website
News1

The prize money for Saudi Arabian gold medalists is going viral online.

With a total prize of 6 million Hong Kong dollars (US$768,000), Hong Kong currently offers the highest reward for gold medals at the Paris Olympics. The prize will go to Vivian Kong, who won the women’s individual épée final against France’s Auriane Mallo on July 27.

Although Hong Kong offers the highest prize money, Saudi Arabia, known for its oil money, is said to provide greater rewards overall.

In the past, Saudi Arabia awarded karate silver medallist Tareg Hamedi 5 million riyals (US$1.8 million) during the Tokyo Olympics. However, the country has yet to win an Olympic gold medal and has not yet revealed its medal prize money plan for the Paris Olympics.

Nine seconds into the final match, Hamedi kicked Iran’s Sajad Ganjzadeh in the neck, earning three points. Ganjzadeh lost consciousness and collapsed on the mat. He had to be carried out on a stretcher and was given an oxygen mask after remaining unconscious.

Following a few minutes of deliberation, the referees ruled that Hamedi lost per the rule permitting disqualification if an opponent sustains a severe injury.

While Saudi Arabia has never won a gold medal at the Summer Olympics, the potential prize money it might offer if it does win this summer remains a mystery. This unpredictability adds an element of intrigue to the upcoming games.

Aside from Hong Kong, Singapore offers around $730,000, while Poland provides approximately $66,000, including apartments and jewelry. Taiwan stands out with a prize of approximately $623,000 and a monthly allowance of around $3,700.

It may come as a surprise that some European countries, such as the UK, Norway, and Sweden, do not offer any prize money for Olympic medals. This is a stark contrast to the substantial rewards provided by other nations.

wikitree
content@viewusglobal.com

Comments0

300

Comments0

[SPORTS] Latest Stories

  • Spieth’s Recovery, Greller’s New Role: What to Watch for at the Sentry Tournament of Champions
  • Shohei Ohtani Targets Back-to-Back World Series Titles with Dodgers in 2025
  • Tiger Woods Named Most Influential Figure in Golf for 2024
  • At Just 20, Nick Dunlap Is Already Making PGA Tour History with Two Big Wins
  • Tiger Woods and Son Charlie Ready to Compete in PNC Championship After Long Hiatus
  • Freddie Freeman’s Historic Grand Slam Ball Sells for $1.56 Million at Auction

You May Also Like

  • 1
    Ford's EV Division Faces $5.1 Billion Loss in 2024, with More Trouble Ahead

    BUSINESS 

  • 2
    BMW Dominates January Imported Car Market with 5,960 Units Sold

    BUSINESS 

  • 3
    Ferrari Reveals Plans for First-Ever Electric Vehicle, Plus Six New Models

    BUSINESS 

  • 4
    Kia K4 Sets New U.S. Sales Record, Surpassing Sportage and Niro Models

    BUSINESS 

  • 5
    Warning Signs of a Heart Attack You Shouldn’t Ignore

    LIFESTYLE 

Popular Now

  • 1
    BMW’s Electric iX SUV Delivers Power, Comfort, and an Impressive 547 km Range

    BUSINESS 

  • 2
    North Korea’s ‘Juche Guns’: Are They A Bigger Threat Than We Thought?

    DEBATE 

  • 3
    Cadillac Unveils the Lyriq-V: 615 Horsepower, 0-60 in 3.3 Seconds, and Luxury Design

    BUSINESS 

  • 4
    Premature Babies May Have a Surprising Advantage: Lower Risk of Heart Disease

    LIFESTYLE 

  • 5
    Vanwall’s 641-Horsepower Vandervell: A Stunning New Addition to the EV Market

    BUSINESS 

Must-Reads

  • 1
    Ford's EV Division Faces $5.1 Billion Loss in 2024, with More Trouble Ahead

    BUSINESS 

  • 2
    BMW Dominates January Imported Car Market with 5,960 Units Sold

    BUSINESS 

  • 3
    Ferrari Reveals Plans for First-Ever Electric Vehicle, Plus Six New Models

    BUSINESS 

  • 4
    Kia K4 Sets New U.S. Sales Record, Surpassing Sportage and Niro Models

    BUSINESS 

  • 5
    Warning Signs of a Heart Attack You Shouldn’t Ignore

    LIFESTYLE 

Popular Now

  • 1
    BMW’s Electric iX SUV Delivers Power, Comfort, and an Impressive 547 km Range

    BUSINESS 

  • 2
    North Korea’s ‘Juche Guns’: Are They A Bigger Threat Than We Thought?

    DEBATE 

  • 3
    Cadillac Unveils the Lyriq-V: 615 Horsepower, 0-60 in 3.3 Seconds, and Luxury Design

    BUSINESS 

  • 4
    Premature Babies May Have a Surprising Advantage: Lower Risk of Heart Disease

    LIFESTYLE 

  • 5
    Vanwall’s 641-Horsepower Vandervell: A Stunning New Addition to the EV Market

    BUSINESS 

Share it on...