Olympic Gold Medalist Hidilyn Diaz to get at least P40.5M cash and P14M condo from Megaworld

The Olympic fever isn’t over, as Filipina Olympian Hidilyn Diaz brings home the country’s first Olympic gold medal, a feat 97 years in the making. The 30-year-old weightlifter dominated the women’s weightlifting 55-kg event at the Tokyo Olympics last Monday.

Photo Courtesy: REUTERS/Edgard Garrido

Aside from bagging the gold medal, Diaz is also set to receive cash incentives and rewards from the government and different private sectors for bagging the country’s first gold Olympic medal.

Photo Courtesy: REUTERS/Edgard Garrido

₱10 million from the government

Diaz is set to receive P10 million from the government Under Republic Act 10699 through its sports agency Philippine Sports Commission (PSC). With that, the gold medalist would be the first Filipino athlete to receive that amount from the said sports agency.

Thanks also to the private companies who pledged and pushed the pot to at least P40.5 million.

₱10 million

San Miguel Corporation President and CEO Ramon Ang also committed to give P10-million to the gold medalist.

₱10 million

Business magnate Manny Pangilinan has approved P10 million for Filipino gold medal winners.

₱3 million

Additionally, there is also a P3-million pledge from Deputy Speaker Mikee Romero for the gold medalist.

₱2.5 million

Diaz is also set to receive cash incentive from the local government of her hometown, Zamboanga City

₱5 million cash and free fuel for life

Who doesn’t want unlimited fuel? Siklab Atleta Sports Foundation head and Phoenix Petroleum chair Dennis Uy pledged P1 million cash and free fuel for life to the gold medalist.

₱14-million residential condominium unit 

Last Tuesday, July 27, Tan’s Megaworld Corporation announced that it will be giving Diaz a residential condominium unit in Eastwood City. According to Kevin L. Tan, chief strategy officer of Megaworld, it is their way of saying thanks to Diaz for making us Filipinos proud.

₱4-million house and lot

Century Properties pledged Diaz’s choice of house and lot at any PHirst Park Homes.

House and lot in Tagaytay

Diaz will also receive a house and lot in Tagaytay, according to Philippine Olympic Committee (POC) president Rep. Abraham “Bambol” Tolentino.

80,000 free miles every year, for life

Diaz will receive 80,000 miles ever year, for life, from Philippine Airlines. She will be the PAL’s first Forever Flyer!

Lifetime free flights

Is this #TravelGoals? Bet we are all envious with the lifetime free flights offered by AirAsia Philippines to Diaz.

If you were Diaz, what’s the first thing you would do with a P40.5 million? Or the first place you would want to visit?

CITATIONS:

• Rivas, R. (2021, July 27). Hidilyn Diaz gets P14-million condo from Andrew Tan’s Megaworld. Rappler. https://www.rappler.com/business/hidilyn-diaz-gets-condominium-from-andrew-tan-megaworld-corporation

• Galvez, W. (2021, July 27). Megaworld gives Hidilyn Diaz P14 million condo unit. Manila Bulletin. https://mb.com.ph/2021/07/27/megaworld-gives-hidilyn-diaz-p14-million-condo-unit/

• LIST: Rewards, prizes for Hidilyn Diaz after Olympic gold victory. (2021, July 28). CNN Philippines. https://cnnphilippines.com/sports/2021/7/28/LIST-Rewards-Hidilyn-Diaz-Olympic-gold.html