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Filipino Olympic champion Carlos Yulo’s incentives for twin golds surpass $2M

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Filipino Olympic champion Carlos Yulo’s incentives for twin golds surpass $2M, this is a huge money that inspires the Philippines gymnast gold cham[ion during the recent Paris Olympics.

Previously, Carlos received 20 million pesos through Republic Act 10699, also known as the National Athletes and Coaches Benefits and Incentives Act, which awards 10 million pesos for each gold medal a Filipino Olympian wins. He was also awarded 14 million pesos by the House of Representatives and 10 million pesos from the Manny V. Pangilinan Sports Foundation.

Carlos, 24, is acknowledged as the most accomplished Filipino gymnast ever, according to Forbes. He is the second Filipino to secure a gold medal and the first to clinch multiple golds at the Olympics.

Additionally, he has been promised gifts from prominent business figures and major companies in the Philippines, including a condominium in Manila and a lifetime and lifetime supplies of free buffets, baked mac and cheese, and chicken inasal.


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