Philippines Spoils First Male Olympic Gold Medal Winner With Expensive Gifts

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People Carlos Yulo, the Philippines' first male Olympic gold medalist, has reportedly been rewarded with incredible gifts and lifetime privileges by his country for his historic victory.

Yulo won the gold medal in the Men's Floor Exercise on August 3. On August 4, he followed up his performance by winning another gold medal in the Men's Vault Final.

A few days before Yulo's first victory, on August 1, Filipino real estate company Megaworld announced that they would give away a furnished two-bedroom apartment to any Filipino Olympian who won a gold medal in Paris. After his second victory, the real estate company upgraded Yulo to a three-bedroom apartment in its McKinley Hill project. Yulo's two gold performances were the Philippines' second and third gold medals at the Olympics.

“We are increasing the award to Carlos Yulo as winning two Olympic gold medals in our 100th year of Olympic participation is a significant milestone in Philippine sports history and also because this year marks the 35th anniversary of our company,” Megaworld President Lourdes Gutierrez-Alfonso said in a statement.

This is not the first time that Megaworld has given a free home to one of the country’s gold medalists. Female weightlifter Hidilyn Diaz was gifted an apartment in the company’s Eastwood project in Quezon City after she won first place in weightlifting at the 2021 Tokyo Olympics.

But the three-bedroom apartment isn’t the only gift Yulo has received. In fact, it’s not even the only house he’s been gifted. The Philippine Amusement and Gaming Corporation is also giving the athlete a house somewhere in Tagaytay, just outside Manila. The company is also giving Yulo 20 million Philippine pesos (about $346,000).

In addition, Yulo will also receive six million pesos (about $104,000) from the Philippine House of Representatives. Local vendors also lined up to give Yulo free food for life. A bakery called Cookies by the Bucket gave him free cookies for life, another restaurant gave him free ramen for life. Yulo was gifted free academic credits from the University of Mindanao; and a doctor's office gave the athlete free colonoscopies for life.

An X (former Twitter) user has compiled a list of all Yulo's rewards and gifts, you can find the list here.

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