Filipino gymnast Carlos E. Yulo not only won a gold medal at this summer’s Olympics, he also won a fully furnished two-bedroom apartment.
On August 3, the 24-year-old gymnast won the top prize in the floor exercise event, making history as the first male Olympic gold medalist in Philippine history. gold medal. He is the second Filipino athlete to win the top award. Hidilyn Diaz won the country’s first weightlifting gold medal at the 2021 Tokyo Olympics.
On August 1, Philippine Real Estate Corporation giant world It was announced that each Paris Olympian who wins a gold medal will be awarded a two-bedroom apartment in the company’s Mount McKinley Township. Yulo is the country’s only gold medalist so far at this year’s Olympics.
McKinley Hill is the largest condominium development in Taguig City, valued at Php 24,000,000 (US$414,046). Taguig is a coastal city considered the main hub of the Philippines.
“In 2024, we will celebrate 100 years of participation in the Olympics, and what better way to celebrate this milestone than by recognizing the athletic excellence of our newest Olympic gold medalists and welcoming them to Mount McKinley,” Lourdes T. Gutierrez (Lourdes T. Gutierrez) -Megaworld President Alfonso said in a press release. “As one of the most prestigious addresses in Fort Bonifacio, Mount McKinley is home to many world-class athletes, including members of the Philippine national basketball and football teams. This makes it the perfect home for the Filipino champions who love life and consistent excellence.
At the 2024 Olympics, Yulo won two gold medals.
Tom Weller/Voight | Getty Images Sports | Getty Images
In addition to the furnished apartment, the Philippine government will provide Yulo with Php 10 million (approximately US$172,519). According to local media reports in the Philippines, the country’s House of Representatives also pledged 6 million Philippine pesos, or US$103,511. filsta.
Yulo will also be able to enjoy a lifetime supply of ramen from various restaurant chains across the country, and a gastroenterologist will even provide Yulo with free lifetime consultations and colonoscopies. The University of Mindanao offers free college credit to gold medalists.
The mayor of Manila, Yulo’s hometown, said British Broadcasting Corporation It was preparing to give him a “hero’s welcome” when he returned from the Olympics.
“We will extend our warmest welcome to him and all our fellow Paris Olympians. When we meet him, we will offer Carlos Yulo a cash reward, an award and a symbol of eternal gratitude in the proud capital of the Philippines. Love,” Hani Lacuna told the BBC.
Conversion from Philippine Peso to US Dollar is using OANDA exchange rate 1 Philippine Peso to 0.02 August 5, 2024 USD.
Want to stop worrying about money? Sign up for CNBC’s new online course Achieve Financial Wellness: Happier, Wealthier, and Financially Secure. We’ll teach you about the psychology of money, how to manage stress and develop healthy habits, along with simple ways to grow your savings, get out of debt, and invest in your future. Starting today, use code EARLYBIRD to get a 30% introductory discount until September 2, 2024.
add, Subscribe to the CNBC Make It Newsletter Get tips and tricks for success in work, money, and life.
