Philippines’ first male Olympic gold medalist in history given a fully furnished $555,000 condo to go with his medals

Philippines gymnast Carlos Yulo made history as the country’s first-ever male Olympic gold medalist when he won the top prize for his floor routine on Aug. 3—and then again, when he became the country’s first two-time gold medalist after winning on the vault less than 24 hours later.

But the 24-year-old gymnast won’t just be walking away from this summer’s Olympic Games with a pair of medals—he also won a fully furnished $550,000 condo.

The Olympian was originally set to win a two-bedroom condo worth $415,000 (24,000,000 Philippine pesos) in the heart of Taguig City, in metropolitan Manila, thanks to the property developer Megaworld Corp.

However in light of Yulo’s double success, the company has just “upgraded” its promised reward to a three-bedroom $553,345 (32 million Philippine pesos) condo.

The fully furnished flat resides inside the company’s 50-hectare McKinley Hill township, which it says is home to “several world-class athletes, including members of the Philippine national teams for basketball and football.”

“This makes it a perfect home for Filipino champions who live a life of passion and excellence through and through,” Megaworld president Lourdes T. Gutierrez-Alfonso said in the statement.

The company will also gift Yulo $51,900 (3 million Philippine pesos) in cash.

As if two gold medals and a condo aren’t enough, Yulo is being showered with even more gifts from proud Filipino businesses and leaders.

In addition to the $173,000 (10 million Philippine pesos) given by the government to each gold medalist, the House of Representatives is gifting the champion $103,700 (6 million Philippine pesos).

Meanwhile, the country’s capital city Manila, where Yulo was born and raised, is preparing a “hero’s welcome” for him.

“The grandest welcome will greet him and all our Paris Olympians. When we meet him, we will present Carlos Yulo cash incentives, awards, and symbols of the eternal gratitude of the proud capital city of the Philippines,” the city’s mayor, Honey Lacuna, told the BBC.

Also awaiting Yulo are lifetime supplies of free buffets, ramen, and chicken inasal, a grilled chicken dish, by various chain restaurants.

One doctor has even pledged to provide free colonoscopies and gastroenterology consultations to the nation’s hero for life—but only after he turns 45.

The gymnast has also been offered two free café franchises from Don Macchiatos, a coffee and lemon drink business, as well as various brand ambassadorship opportunities.

Ref: Philippines’ first male Olympic gold medalist in history given a fully furnished $555,000 condo to go with his medals (fortune)

Photo Credit:  nbcnews