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Olympic athletes don’t typically make a lot of money, but that can change in a heartbeat. Olympic athletes who win gold can make millions thanks to lucrative endorsement deals. Michael Phelps and Usain Bolt became multi-millionaires practically overnight thanks to their record-breaking performances. Shaun White is worth $40 million and it’s all thanks to his performance on the half-pipe. The three-time gold medallist has his own clothing line and has even lent his name to a popular video game series. Skateboarding may be a new Olympic sport, but there’s no doubt the event will prove to be a financial windfall for future gold medalists. An Olympic gold medal in skateboarding could lead to a fortune as large as Tony Hawk’s. Olympic figure skaters can earn obscene amounts of money. Scott Hamilton, who won a gold medal at the 1984 winter Games in Sarajevo, has a net worth of $30 million. He’s not the only American figure skating legend to reach multi-millionaire status. Brian Boitano, who won gold at the 1988 winter Games in Calgary, has a net worth of $18 million. Alpine skiing has been one of the most popular sports at the Winter Olympics for decades, and the world’s best athletes can earn hefty sums barreling down the slopes. Gold-medalist Lindsey Vonn was earning $3 million a year at the height of her career thanks to deals with Under Armour, Head, Red Bull, Oakley, and Rolex. Bode Miller, whose net worth is $8 million, has won more medals than any other U.S. skier in history. Keep watching to see which Olympic sports make the most money.
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Written by: Rob Cramer
Narrated by: Adam Newmark
Edited by: Vitalii V.
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06:11 Figure skating