Carlos Yulo’s Historic Olympic Achievements and the Rewards That Follow

Filipino gymnast Carlos Yulo has made history at the 2024 Olympics, capturing the hearts of his countrymen with his extraordinary achievements. Known affectionately as "The Golden Boy," Yulo has become the first Filipino Olympian to win two gold medals in a single Games. His gold medals in the men’s floor exercise and men’s vault have set a new benchmark for Filipino athletes on the global stage.

Also read: How to Watch Paris Olympics 2024 in the Philippines: Your Complete Guide

Everything there is to know about Carlos Yulo’s rewards and prizes

Carlos Yulo rewards

Yulo’s remarkable success has not only made him a national hero but has also triggered a wave of rewards and recognition from various sectors. In accordance with Republic Act 10699 of 2015, which provides for the benefits and incentives of national athletes, Yulo will receive ₱10 million in cash, alongside an Olympic Gold Medal of Valor from the Philippine Sports Commission. The House of Representatives has further acknowledged his achievement with an additional ₱6 million cash incentive, reflecting the country's support for his continued success.

In addition to financial rewards, Yulo is set to receive substantial gifts in recognition of his dedication and performance. The Philippine Olympic Committee has promised a house and lot to medal-winning athletes, while Megaworld Corporation has upped the ante with a fully furnished two-bedroom condominium worth ₱35 million at McKinley Hill, Taguig City. Megaworld has also granted Yulo a ₱3 million cash bonus.

The generosity extends beyond cash and property. The SM Group is contributing ₱1 million worth of products from their retail outlets, and Apollo Home Depot is offering free furniture worth ₱100,000, along with a Cash Vault as a bonus. Yulo will also enjoy a lifetime supply of meals from popular restaurants, including Vikings, Tipsy Pig, and Mang Inasal, among others. For those with a sweet tooth, Cookies By The Bucket will provide him with a lifetime supply of cookies.

Hero’s welcome for the golden boy

Manila City is planning a grand "hero's welcome" for Yulo, highlighting the city's pride in his accomplishments and additional financial incentives. Furthermore, Nexa Engineering has pledged lifetime free engineering design services to Yulo, including unlimited revisions.

In a nod to Yulo’s health and well-being, Dr. Virgil Lo (Pinoy Gastro) is offering him free gastro consultations and a colonoscopy upon turning 45, with the benefit extending to indigent patients selected by Yulo.

Also read: Paris Olympics 2024: Things to Do, See, and Eat

Carlos Yulo’s Olympic triumph has not only put the Philippines on the global sports map but also showcased the nation’s deep appreciation for its athletes. As Yulo returns home, the array of rewards and recognition he receives underscores the nation's pride and commitment to celebrating its sporting heroes.


All image credit goes to Paris 2024 | Official Website

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About Author

Anne Mercado

Anne is your go-to girl if you want to talk about all things beauty, fashion and adventure. Her creative expression would be through writing and curating photos. Exploring different places and immersing herself in diverse cultures is her idea of fun. If you ask her to describe what her perfect day is, her answer would be by the beach with a book on her hand enjoying a nice margarita.

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