• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Current price of oil as of June 17, 2026

2

'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

3

Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

1

Current price of oil as of June 17, 2026

2

'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

3

Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
SuccessParis Paralympics 2024

Some Paralympic athletes will receive 75% less than their Olympic peers for winning a gold medal

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
September 2, 2024, 6:40 AM ET
Hannah Cockroft of Team Great Britain poses with their gold medal as they attends the National Lottery's ParalympicsGB Homecoming at SSE Arena Wembley on September 12, 2021 in London, England. (Photo by Lia Toby/Getty Images for The National Lottery )
Eight-time gold medalist Hannah Cockroft of Great Britain has been among the Paralympic athletes pushing for parity.Lia Toby—Getty Images for The National Lottery
Add Fortune on Google for similar content.

Winning a medal at the Paralympic or Olympic Games is a life-changing moments for athletes—not only do they take home sporting glory, but many also receive impressive cash prizes.

But during the Paralympic Games now taking place in Paris, the athletes competing over the next week will not always have such a generous pay packet to return home to.

That’s because there is a huge disparity in medalist money awarded by some of the nations that pay their athletes the most highly.

Take Hong Kong, which announced ahead of the Olympic Games this summer that gold medalists would return home to a HK$6 million prize (approximately $770,000).

Paralympic athletes, by comparison, will receive HK $1.5M ($192,369) for taking home a gold—around a quarter of what their peers in the Olympics will receive.

A silver Paralympic medalist will take home HK $750,000 ($96,184) while a bronze medalist will receive HK $375,000 ($48,096).

In the Olympics, held a matter of weeks prior, silver and bronze medalists stood to earn significantly more—HK $3 million ($384,773) and HK $1.5 million ($192,369) respectively.

That being said, the nation is moving towards parity between prize monies awarded. The Olympic athletes, for example, saw a 20% boost to their winnings compared to the Tokyo Olympics of 2020 while Paralympic athletes have seen their prize money double.

The story is similar in Singapore, where Paralympic gold medalists will win a bonus of SGD $500,000 ($382,000). By comparison, Olympic gold medalists were offered a SGC $1m incentive ($765,184).

The Olympic committees of both Singapore and Hong Kong were contacted by Fortune for comment.

Moving toward parity

Other nations have made a concerted effort to pay their Paralympic and Olympic athletes equally.

Canada, for example, announced earlier this year that through a new Paralympic Performance Recognition program, athletes will receive CAD $20,000 ($14,825) for winning a gold medal, $15,000 ($11,118) for a silver medal, and $10,000 ($7,412) for bronze—the same as their Olympic counterparts.

Host nation France has also pumped an additional 250% in funding into Paralympic athletes and their teams between 2017 and 2023, and will reward medalists equally across the games: Gold medal winners received €80,000 ($88,536)—up from €65,000 ($71,936) in Tokyo—while silver medal winners received €40,000 ($44,268)—up from €25,000 ($27,667 in Tokyo)—and bronze medal winners got €20,000 ($22,134)—up from €15,000 ($16,600) in Tokyo.

In addition, for each medal obtained, the technical coaching staff shared 100% of the sum awarded for the medal.

Equality between non-disabled and Paralympic athletes been standard practice in some nations for years. In Malaysia, for example, athletes have received the same rewards since 2016 and in Australia this has been the case since 2021.

Other nations don’t offer any cash prizes for medalists. In Great Britain, for example, there are no rewards for bringing home a gold, silver, or bronze—though sponsorship from private companies does increase if an individual emerges as a champion.

That being said, international sporting federations like World Athletics can still award their own prize money to Olympic medalists.

In April 2024 the body said sports stars who win a gold in the 48 track and field events would take home $50,000—a move criticized by Paralympic professionals.

Wheelchair racer Hannah Cockroft has now won eight gold medals for her home nation of Great Britain, and told Sky News yesterday: “I’m really lucky, this Games I have some incredible sponsors behind me who are giving me medal bonuses, it’s the first time ever that I’ll have sponsor medal bonuses, so it’s a massive step forward.

“It’s not thousands but it’s money. But yeah, it’s tough seeing the Olympic guys get the money from World Athletics and then we can’t replicate, it’s frustrating.”

The 32-year-old talent added: “That [$50,000 bonus] would really pay for my wedding quite well. Ultimately, I do this because I love it. We want parity and that’s what we push for every time.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Eleanor Pringle
By Eleanor PringleSenior Reporter, Economics and Markets
LinkedIn icon

Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Aravind Srinivas, co-founder and chief executive officer of Perplexity
SuccessCareers
‘I have nothing to lose’: Perplexity CEO says fear of failure is ‘the stupidest thing’ holding you back
By Emma BurleighJune 17, 2026
14 hours ago
Kevin O’Leary slams work-life balance, saying it’s complete nonsense and founders should work ’25 hours a day, 8 days a week’
Successwork-life balance
Kevin O’Leary slams work-life balance, saying it’s complete nonsense and founders should work ’25 hours a day, 8 days a week’
By Sydney LakeJune 17, 2026
14 hours ago
Steve Ballmer
SuccessCareers
Microsoft boss Steve Ballmer publicly dismissed Chrome as a ’rounding error’—but Google’s CEO says he used the jab as fuel to win the browser-wars
By Preston ForeJune 17, 2026
14 hours ago
y
Arts & EntertainmentHollywood
Meet the YouTubers remaking Hollywood, one Gen Z box-office smash at a time
By The Associated PressJune 17, 2026
15 hours ago
Thasunda Brown Duckett sitting in front of a podcast microphone
SuccessFortune 500: Titans and Disruptors of Industry
A 76-year-old was about to lose his entire $3 million retirement to a scam. TIAA’s AI caught it—but a human prevented disaster
By Preston ForeJune 17, 2026
21 hours ago
nuri
SuccessImmigration
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
By Nick LichtenbergJune 17, 2026
21 hours ago

Most Popular

Current price of oil as of June 17, 2026
Personal Finance
Current price of oil as of June 17, 2026
By Joseph HostetlerJune 17, 2026
16 hours ago
'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream
Success
'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream
By Nick LichtenbergJune 16, 2026
2 days ago
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
Big Tech
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
By Tristan BoveJune 15, 2026
3 days ago
Exclusive: Universal beat Disney as Hollywood's maker of the most expensive movie of all time 
Arts & Entertainment
Exclusive: Universal beat Disney as Hollywood's maker of the most expensive movie of all time 
By Christian SyltJune 17, 2026
18 hours ago
Current price of oil as of June 16, 2026
Personal Finance
Current price of oil as of June 16, 2026
By Joseph HostetlerJune 16, 2026
2 days ago
Melinda French Gates' advice to new IPO millionaires: 'Give half your money away'
Startups & Venture
Melinda French Gates' advice to new IPO millionaires: 'Give half your money away'
By Emma HinchliffeJune 13, 2026
5 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.