- August 10, 2012
Olympic medals may be a lot of facade (a gold medal only had 1.34% gold content?), but they can come with big cash prizes. The US Olympic committee will dole out in upwards of $25,000 for a gold medalist. Countries such as Italy or Russian who pay $182,000 and $135,000, respectively to their countries top performers. Surprisingly, the UK, this year’s host, does not provide any monetary compensation to their athletes for bringing home the gold.