Historic prizes worth over P50 million await Hidilyn Diaz after her historic Olympic win

Historic prizes for a historic win.

A growing pile of monetary rewards, among other non-cash incentives, now awaits Filipino weightlifter Hidilyn Diaz after winning at the 2020 Tokyo Olympics the country's first ever gold medal.

Diaz reigned supreme at the women’s 55kg Group A division on Monday, July 26, making her the very first Filipino Olympic gold medalist. With this, she is slated to enjoy P38 million and beyond not only from the government but also from some private donors. 

As per the Philippine Sports Commission, she will receive P10 million from the local sports agency as well as monetary incentives from some of the country’s richest: Manny Pangilinan of PLDT (P10 million), Ramon Ang of San Miguel Corporation (P10 million), Dennis of Udenna Group (P5 million),  and House Deputy Speaker Mikee Romero (P3 million).

Andrew Tan of Megaworld has also revealed that his company is giving Diaz a residential condominium unit worth P14 million in Eastwood City, and another house and lot from Century Properties worth P4 million. A Tagaytay house and lot sponsored by Philippine Olympic Committee President Abraham “Bambol” Tolentino likewise awaits. 

AirAsia is giving her "lifetime free flights." Philippine Airlines is additionally rewarding her with "80,000 free miles per year" to celebrate her win.

For its part, Eton International School is giving P1-million worth of scholarship grant to the gold medallist and her family.

This was Diaz's fourth Olympics competition. She previously bagged silver at the Rio Olympics in 2016, putting an end to the country’s Olympic medal drought that then lasted for 20 years.