How much money the gold medalist at Rio Olympics will earn?I am not able to resist the temptation of sharing the information doing rounds on the net. According to estimates, the swimmer Joseph Schooling of Singapore who won gold will earn more than Rs. 5 crores as a bonus from his country.
The estimated bonus of gold medalists from some of the other countries are as follows -
Indonesia - Rs. 2.55 crore
Azerbaijan - Rs. 1.70 crore
Kazakhstan - Rs. 1.53 crore
Italy - Rs. 1.23 crore
The above is in addition to the likely income from the endorsements, sponsorships and paid appearances.