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Welcome back, Richest fans! Very soon, after a year delay due to the global events, the Olympics will be back in Tokyo, Japan! When we see the athletes participate in the various Olympic sports, it’s easy to think that they have a mountain of cash to go along with representing their country. After all, Usain Bolt is worth millions. However, that’s often not the case. In fact, some of the athletes’ salaries mean they’re financially struggling. Today, we’re going to look at the history and facts of the Olympics and the rewards that some countries pay for their athletes to find a place on the podium.
Now for the spoiler paragraph. If you like surprises, we suggest you stop reading and watch the video multiple times. We start by looking at the United States. We’ll see how after representing her country, Ronda Rousey had only her car to live in. We then have Great Britain. We’ll see how they don’t offer incentives for getting an Olympic medal. Instead, they offer their athletes more funding. However, not everyone is so lucky. We then have Germany. We’ll see how they increased their rewards for their Olympians. Yet some athletes believe it’s still a big problem. We then have the nation to offer the biggest financial incentive with Singapore. One of their athletes won a gold medal and beat the legendary Michael Phelps at the same time. We’ll even explore how billionaire Peter Lim is helping to fund the next generation of athletes. Finally, we’ll briefly see what the actual monetary value is for the bronze, silver, and gold medal during the 2018 Winter Olympics in PyeongChang.
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Written by: Jordy McKen
Narrated by: Adam Newmark
Edited by: AJ Varela
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00:35 United States
03:17 Great Britain