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How much prize money is awarded to Guinness World Record holder?

Date: 30 Dec 2015   Posted By: Paresh Gujarati     Group: Opinion About    Category: Miscellaneous   

Today many awards are given to those who set new high levels in terms of performance. For world record, Guinness gives award to world record holder. I want to know how much prize money is awarded to Guinness World Record holder? What is written in the world record certificate given to record holder? What about money distribution if the record is set by a group of people?
Experts: kindly resolve my query.

Want to know more about the Guinness World record?Find responses from experts on this page.

Author: Vin    01 Jan 2016      Member Level: Silver     Points : 1  (Rs 1)    Voting Score: 0

Guinness World Records do not pay any money to those who break or set records. However, they do award an official certificate of the achievement free of charge. The certificate includes for what purpose they obtain the awards and in which year.

Author: Kailash Kumar    01 Jan 2016      Member Level: Platinum     Points : 1  (Rs 1)    Voting Score: 0

The individual holding Guinness World Record becomes famous and gets sponsors for organizing various events to earn money. However there is no prize for setting or breaking a Guinness World Records. Even expenses incurred by the participants are not covered by the Guinness World Records. However one complimentary record holder certificate is sent by the organization.

Author: Ayush Devnath    02 Jan 2016      Member Level: Bronze     Points : 1  (Rs 1)    Voting Score: 0

Guinness World Records holder don't get any money, just a certificate plaque.
Yes and name in the book.

Author: Ank Arya    03 Jan 2016      Member Level: Gold     Points : 2  (Rs 2)    Voting Score: 0

As it has been made clear from the above expert responses, the person who gets a record in his/her name may get monetary benefits from third parties or media and even the monetary appreciation from government for making or breaking a record. But the same is never guaranteed. Once you set a record, it is likely that you get well recognition and a celebrity status which opens new doors to be rich for several record holders, but no money from the Guinness World prize.

As far as the validity of the fact that 'Guinness World Record holders do not get paid' is concerned, you can please refer to the provided link to their official FAQ section.


Author: Mahesh    03 Jan 2016      Member Level: Gold     Points : 2  (Rs 2)    Voting Score: 0

Most of the guineas book records are often funded by sponsors. For example some of the records such as tomato sauce related competition sponsored by Heinz. So such sponsors end up arranging the event and giving prizes. But the record keeper doesn't give the prize money etc. Most of the TV shows and the events are sponsored so that's how the prize and the financials are handled. Some of the records dont get any form of financial compensation where there are no sponsors.

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