Rewards for Olympic medalists
- By Zhang Mingai
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E-mail China.org.cn, August 3, 2012
Many countries offer their London Olympic medalists a variety of rewards:
Russian judoka Arsen Galstyan, who won the first gold medal for his country at the London Olympics, will receive a government reward of 4 million rubles (US $123,395). A construction company also promised to offer him a Mercedes-Benz and an apartment.
South Korean marksman Jin Jong-oh who won the first gold medal for his country at the London Olympics, will receive a government reward of 585.7 million South Korean Wons (US$5177) and a one-time reward plus a monthly income of one million South Korean Won (US$884) for the rest of his life from the Korean Sports Promotion Foundation.
Lasha Shavdatuashvili, who seized Georgia's first gold medal at the London Olympics, will receive the sum of US$1.2 million.
Japan offers each Olympic medalist 3 million Japanese yen (US$38,239)
The United States offer each Olympic medalist US$25,000
Singapore offers each Olympic medalist one million Singapore dollars (US$800,000).
Australia offers each Olympic medalist 20,000 Australian dollars (US$20900) and the Australian Post will also issue Gold Medalist stamp for him or her.
Italian offers each Olympic medalist £116,000 (US$182,000).
India reserves a coaching position for each Olympic medalist.
The British Olympic Committee said it does not offer Olympic medalists any cash rewards.
Germany offers each Olympic medalist 50 liters of beer free of charge per month.
Zimbabwe offers each Olympic medalist a milk cow.
Each Belarusian Olympic medalist will receive the amount of US$100,000 and free sausages from a meat factory for the rest of his or her life.
Greece offers each Olympic medalist a civil servant position.
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