Olympic medals cost a lot less than you think
By Jeff Desjardins, Visual Capitalist From Business Insider
The 2016 Rio Summer Olympic Games are already 51% over budget, with the total cost expected to be in the $4.6 billion range. With that in mind, the organizers have tried their best to cut costs.
One area of compromise?
The Olympic gold medals, which weigh 500g (1.1 lbs) and are 85mm (3.3 in) in diameter, are gold in name only.
OLYMPIC GOLD MEDALS HAVE ALMOST ZERO GOLD IN THEM
Today’s infographic comes from JM Bullion and it shows the real amount of metal in gold, silver, and bronze medals, along with the hypothetical cost of awarding solid gold to winning athletes.
Courtesy of: Visual Capitalist and JMBullion
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IMAGE: share.america.gov
