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The current highest cost of hosting the Olympic Games was the 2016 Rio de Janeiro Summer Games, costing approximately US$11.1 billion. In order to meet the requirements set out by the International Olympic Committee (IOC), [4] the Rio de Janeiro council had to invest heavily in building the necessary facilities/venues, and an entirely new subway line.
#8. 2016 Rio de Janeiro Summer Games. Cost (in 2021 dollars): $13 billion. When Rio de Janeiro was awarded the 2016 Olympic Games in 2009, it was an opportunity to show the world Brazil's growth ...
From Athens 2004 - which some say contributed to Greece's financial crash - to Russia spending a staggering $22 billion on its winter games, the Olympics have racked up some serious bills.
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By 2034, eleven cities will have hosted the Olympic Games more than once: Athens (1896 and 2004 Summer Olympics), Paris (1900, 1924 and 2024 Summer Olympics), London (1908, 1948 and 2012 Summer Olympics), St. Moritz (1928 and 1948 Winter Olympics), Lake Placid (1932 and 1980 Winter Olympics), Los Angeles (1932, 1984 and 2028 Summer Olympics ...
When the tenth Olympic Games were hosted in 1932, the former 10th Street was renamed Olympic Blvd. The 1984 Summer Olympics inspired the creation of the Los Angeles Marathon, which has been celebrated every year in March since 1986. Super Bowls I and VII were also contested in the city as was the World Cup Final in 1994.
This article details standard incentives given to Olympic athletes for winning a medal either by their National Olympic Committee, the government of their country/territory, or both. While the International Olympic Committee itself does not provide monetary rewards to Olympic medalists, many countries provide prize money to athletes for winning ...
Simone Biles and Sunisa Lee of Team USA celebrate after winning the gold and bronze medal, respectively, at the end of the artistic gymnastics on Aug. 1, 2024, at the Paris Summer Olympics.