Jiang Minxi won the gold medal in the women's epee individual fencing event at the Paris Olympics, winning the third gold medal in the history of the Hong Kong team. According to the Hong Kong Jockey Club's "Outstanding Athletes Award Scheme", she will receive a bonus of HK$6 million.

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Paris Olympics "Gold Medal Bounty" Ranking

"Forbes" statistics show that Hong Kong offers a "gold medal bounty" of HK$6 million, twice as much as the second-placed Israel, making it the "gold medal bounty" region that awards the most gold medal bounties in the world.

Before the official opening of the Paris Olympics, Forbes contacted the Olympic committees or government sports departments of the 206 participating countries or regions and confirmed that at least 33 countries or regions will award cash prizes to winners. Prizes for 15 of the countries or regions will exceed US$100,000 (approximately HK$780,000).

The amount of "bounties" provided by Hong Kong to participants in the Paris Olympics ranks first among all participating regions and is the highest in the world. The Hong Kong Jockey Club's "Outstanding Athletes Award Scheme" shows that the individual gold medal winner of the Paris Olympics will receive an award of HK$6 million, the individual silver medal will be HK$3 million, and the individual bronze medal will be HK$1.5 million.

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Non-cash rewards

In most cases, cash prizes are one of the ways countries reward elite athletes. In addition to cash rewards, some countries and regions will also give other non-cash rewards to Olympic medalists.

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United States: In addition to paying bonuses, the U.S. Olympic Committee will also provide broader subsidies and benefits (such as health insurance) to Olympians.

Denmark: Denmark has made the Olympic gold medal bounty a tax-free bonus – after all, it is one of the countries with the highest tax rates in the world.

Poland: Poland offers a range of in-kind rewards in addition to bounties. Each medalist at the Paris Olympics will receive a painting by a "talented and respected" Polish artist, an investment-grade diamond and a hotel holiday voucher for two. In addition, to celebrate the 100th anniversary of Poland's participation in the Olympic Games, the individual gold medal winner will receive a two-bedroom apartment in downtown Warsaw, and the first place in the group event will receive a one-bedroom apartment.

Malaysia and Bulgaria will provide gold medalists with lifetime subsidies of more than US$1,000 (approximately HK$8,000) per month. Chile, Kosovo and Lithuania also have similar benefits until the next Olympics.

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