Silver medalists earn a cool $500,000 and bronze medalists get $250,000. The International Olympic Committee doesn't give prize money, but many countries reward their medalists with a bonus. Taiwanese Olympic gold medal winners can get as much as 20 million New Taiwan Dollars, or $640,000, while silver medalists earn $223,000 and a bronze medalists earn $160,000. U.S. Olympians, for example, earned $37,500 for each gold … That can be anywhere from $510,000 per gold medal in Azerbaijan, $180,000 for an Italian gold medal champion, $135,000 for a Russian who takes home the gold or $19,500 for a gold medal winning German. Indonesia Aside from the U.S. Olympic medal money bonuses in the table above, most other countries pay their own prizes. VIDEO 0:53 00:53 In the 2018 Games, there's just one athlete from Singapore who could capitalize on the big bonus. (Michael Phelps’ net worth is estimated at at least $50 million, and he didn’t earn that by giving swimming lessons on the side. First, let it be said that the real Olympic windfalls come from being a gold medalist who scores some serious endorsements.
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