When Filipino gymnast Carlos Yulo won two gold medals at the 2024 Paris Olympics, his country went all out. He received a $550,000 fully furnished condo, $350,000 in government cash, lifetime free buffets, a lifetime supply of ramen and chicken, two café franchises, a Land Cruiser, and free flights for life. Total haul: over $2.6 million.
Carlos Yulo Won Double Olympic Gold — Then the Philippines Gave Him a Condo, Lifetime Free Food, and Two Café Franchises
When Carlos Yulo stepped onto the mat at the 2024 Paris Olympics, he was carrying the hopes of an entire nation. The 24-year-old Filipino gymnast didn't just deliver — he made history twice in two days.
Two Golds in 24 Hours
On August 3, Yulo scored 15.000 in the floor exercise to claim gold. The next day, he scored 15.116 in the vault for a second. He became the Philippines' first male Olympic gold medalist and its first-ever double Olympic champion.
Then the Rewards Started Pouring In
The Philippines didn't just celebrate — they buried him in gifts. Megaworld Corporation handed him a fully furnished three-bedroom condo worth $550,000, complete with two balconies and a parking spot. The government's PAGCOR agency wrote a check for $350,000 — the legally mandated $175,000 per gold medal.
But the corporate world was just getting started:
- Lifetime free buffets at Vikings Luxury Buffet
- Lifetime free chicken inasal from Mang Inasal
- Lifetime ramen from Hagemu Sushi and Ramen Bar
- Lifetime pizza from Pizza Hut and ice cream from Dairy Queen
- Two café franchises from Don Macchiatos
- A Toyota Land Cruiser Prado
- Free flights for life from Philippine Airlines
The Final Tally
When all the cash bonuses, real estate, vehicles, franchises, and lifetime perks were added up, Yulo's total haul came to over $2.6 million. Not bad for a kid from Leveriza, Manila, who started gymnastics at age 7.
The Free Colonoscopy, Though
Among the more unusual rewards: a clinic offered him free colonoscopies and gastroenterology consultations for life — but only after he turns 45. Because even national heroes need to think about their gut health.
Frequently Asked Questions
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Verified Fact
Verified across 10+ sources including Olympics.com, PhilStar, Fortune, CNBC, NBC Olympics. All specific amounts confirmed: P32M condo from Megaworld (~$550K), P20M from PAGCOR ($350K government mandate under RA 10699), lifetime buffets from Vikings, ramen from Hagemu, chicken inasal from Mang Inasal, two Don Macchiatos franchises, Toyota Land Cruiser, PAL flights. Total rewards exceeded P150M (~$2.6M). Minor note: 60x rounded from 59x individual pulling force.
PhilStar