Here’s How Much The Paris 2024 Olympic Gold Medal Is Actually Worth (2024)

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Here’s How Much The Paris 2024 Olympic Gold Medal Is Actually Worth (2024)

FAQs

Here’s How Much The Paris 2024 Olympic Gold Medal Is Actually Worth? ›

The cost of a 2024 Olympic gold medal is approximately $950.

How much is a 2024 Olympic gold medal worth today? ›

"The podium cost of a 2024 Olympic gold medal is approximately $950 based on the spot price of gold, silver and iron on the morning of July 24 and the amount of those materials that are used for the medal," per the outlet. The last time the first prize medal was entirely made from gold was in 1912.

How much does the Paris gold medal cost? ›

The podium cost of a 2024 Olympic gold medal is approximately US$950, based on the spot price of gold, silver and iron on the morning of July 24 and the amount of those materials that are used for the medal.

What is the prize money for the gold medal in the Paris Olympics? ›

France, the host of the Paris 2024 Olympics, has increased its cash incentives. Gold medalists are awarded 80,000 euros ($86,528), which is 15,000 euros more than what was offered at the Tokyo Olympics.

How much are the Olympic gold medals worth? ›

An Olympic gold medal is mostly silver and worth about $900 | Fortune.

What are Paris medals worth? ›

Excluding the value of the Eiffel Tower iron piece, which will be placed in the centre of each Olympic medal, we estimate that the value of each gold medal during these Olympic Games is more than a thousand USD – specifically US$1,027, while silver and bronze medals are worth US$535 and US$4.6, respectively.

How much money do gold medal winners get? ›

Additionally, through "Project Gold," run by the U.S. Olympic and Paralympic Committee," U.S. athletes get $37,500 for winning a gold medal; $22,500 for silver and $15,000 for bronze, according to the Associated Press.

How rich is Michael Phelps? ›

Michael Phelps, often hailed as the greatest swimmer in Olympic history, has an impressive net worth of $100 million. His career achievements and post-Olympics endorsem*nts have solidified his position at the top of the swimming world's wealth rankings. Michael Phelps' swimming career is nothing short of extraordinary.

What is the most expensive gold medal? ›

Jesse Owens' 1936 Olympics gold medal: $1.4 million

The prized medal was sold as part of the state of Elaine Plaines-Robinson, the wife of entertainer Bill "Bojangles" Robinson, to whom Ownes had gifted it. The medal was bought by billionaire and Pittsburgh Penguins stakeholder Ron Burkle, according to SCP Auctions.

Which country pays the most for a gold medal? ›

Hong Kong and Singapore offer the highest payouts, by far, for Olympic winners. A gold medalist from Hong Kong, a country that has had four athletes reach the top of the podium in its history, gets $768,000. Singapore pays gold medalists $745,000, per CNBC.

How much real gold is in an Olympic medal? ›

SHAPIRO: According to International Olympic Committee regulations, the Olympic gold medals must be made out of at least 92.5% silver... CHANG: Oh. SHAPIRO: ... Which comes out to 523 grams, and then they are plated with 6 grams of gold.

Has anyone ever sold their Olympic medal? ›

Bob Beamon, who set the still-standing Olympic long jump record at the 1968 Games, has auctioned off the historic gold medal he won for $441,000. Bob Beamon, who set the still-standing Olympic long jump record at the 1968 Games, has auctioned off the historic gold medal he won in Mexico City over half a century ago.

How much is Simone Biles' net worth in 2024? ›

What is Simone Biles' net worth? Thanks to all these additional sources of income, Celebrity Net Worth estimates Biles' total fortune at around $16 million as of April 2024.

How much gold is in the 2024 gold medal? ›

The post detailed, "The 2024 Paris Olympic gold medal carries both historical and monetary value. Each gold medal is primarily composed of around 500 grams of silver and coated with only six grams of gold.

How much is the 2024 bronze medal worth? ›

Bronze medal (2024)
LevelComposition value (USD)
Gold935.89
Silver473.43
Bronze3.88
Jul 24, 2024

What is the most expensive gold medal sold in the Olympics? ›

Jesse Owens' medal from Berlin 1936 (USD 1.4 million)

Perhaps the most famous medal ever to be auctioned off belonged to arguably one of the most famous Olympians who won in possibly the most infamous Olympics. Berlin was the host city of the 1936 Olympics.

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