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These freebies are in addition to the Philippine House of Representatives' cash incentive of 3 million Philippine pesos granted to all gold medalists. In the US, gold medalists take home $37,500. Hong Kong — which offers the highest bonus — awards 6 million Hong Kong dollars, or about $768,000, to its gold medalists, per CNBC. AdvertisementCorrection: August 7, 2024 — An earlier version of this story misdescribed Hong Kong. It's 6 million Hong Kong dollars, not 600,000 Hong Kong dollars.
Persons: , Carlos Yulo, freebies, Yulo, Megaworld, Virgil Lo, Bucket, Marcus Luer, Luer, James Crane, Buchwald, Joseph Schooling, Nestlé's Milo, Yakult, Hugo Boss, it's Organizations: Service, Olympics, Paris, McKinley, Business, Apollo Home Depot, Philippine, Hong, CNBC, Total Sports Asia, Olympic Games Locations: Megaworld, Taguig, Manila, Hong Kong, Singapore, Philippines, China
Philippines gymnast Carlos E. Yulo didn't just win a gold medal at this summer's Olympic Games, he's also won a fully furnished two-bedroom apartment. The 24-year-old gymnast made history as the first male Olympic gold medalist in the history of the Philippines when he won the top prize for his floor exercise on August 3. The following day, he earned a second gold medal for his vault routine. Hidilyn Diaz won the country's first-ever gold medal at the Tokyo 2020 Olympic Games in 2021 for weightlifting. McKinley Hill is the largest condo development in the city of Taguig and is valued at 24,000,000 Philippine pesos or $414,046 USD.
Persons: Carlos E, Yulo didn't, he's, Hidilyn Diaz, Megaworld, McKinley Hill, Lourdes T, Gutierrez, Alfonso Organizations: Paris, Olympic Games, Philippine Locations: Philippines, Tokyo, McKinley Hill, Yulo, Taguig, McKinley, Fort Bonifacio
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