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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 ...
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 ...
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.
The all-time medal table for all Olympic Games from 1896 to 2024, including Summer Olympic Games, Winter Olympic Games, and a combined total of both, is tabulated below. These Olympic medal counts do not include the 1906 Intercalated Games which are no longer recognized by the International Olympic Committee (IOC) as official Games.
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Los Angeles has twice played host to the summer Olympic Games: in 1932 and in 1984, both of which were profitable, the latter being the most profitable Olympics in history, with profits of over $200 million. When the tenth Olympic Games were hosted in 1932, the former 10th Street
A turn toward extravagance. Forty years ago, the Olympics were also at a crossroads. After the 1968 Mexico City Games and 1972 Munich games were marked by deadly violence and the 1976 Montreal ...