How much do Olympic medalists earn?
Archer An San holds up her three gold medals won at the Tokyo Olympics after arriving at Incheon International Airport, Aug. 1. YonhapBy Kwak Yeon-sooKorean medalists at the Tokyo Olympics will receive huge financial rewards for their accomplishments, in addition to a hero's welcome when they return home. The Ministry of Culture, Sports and Tourism will reward 63 million won ($54,800) for each gold medal, 35 million won for silver and 25 million won for bronze. Medalists from team events will receive 75 percent of the individual payout. Archer An San, a triple gold medalist at the Tokyo Olympics, will reportedly receive a total of 157.5 million won from the culture ministry. In addition, she will be awarded 95 million won from the Korea Sports Promotion Foundation. Starting this month, the 20-year-old will receive a monthly pension of 1 million won for the rest of her life. The Korea Archery Association has yet to announce its cash reward plans, but it paid a total of 2.5 billion won to medalists from the 2016 Rio Olympics. It paid 200 million won to every gold medalist in individual
