From Gold Medals to Millions: The Carlos Yulo Success Story vs. Raygun’s Breakdance Bust

Carlos Yulo vs Raygun
Motivation

Oh, the tale of two Olympic performances! On one hand, we have Carlos Yulo, the Filipino gymnast who soared to new heights at the Paris 2024 Olympics, clinching two gold medals with a flawless vault and artistic gymnastic routines that left the judges and audience in awe. His performance was a masterclass in precision, athleticism, and sheer talent, earning him a place in the annals of gymnastics history.

Raygun's kangaroo hop move

And then, there’s Australia’s Rachel Gunn aka Raygun, the breakdancing professor who decided that the best way to represent her country was by hopping around like a kangaroo. While Yulo was sticking landings and defying gravity, Raygun was busy not scoring a single point with her “creative” routine.

Yulo’s performance was a testament to years of rigorous training and dedication, while Raygun’s was… well, a testament to the fact that originality doesn’t always pay off. But hey, at least she got to go viral and have a laugh with her fellow Aussies. Who needs medals when you can have memes?

Of course, only one gets rewarded financially.

It’s no other than gymnastic virtuoso Carlos Yulo of the Philippines who will get a kilometric list of prize money and incentives worth over $1.75 million from countless of sponsors.

Just for context, the Philippines has a long history of participating in the Olympic Games, having been competing since 1924. However, medals have come relatively few and far between. It took the country 97 years to win its first-ever Olympic gold medal. And then comes our hero Carlos Yulo winning no less than two shining gold medals!

Here is a rundown of the gymnastics superstar’s incentives (in Philippine pesos) according to Rappler:

  • P20 million for his two gold medals under Republic Act 10699
  • P20 million from the Office of the President
  • P14 million from the House of Representatives
  • P10 million from business tycoon Manny V. Pangilinan
  • P5 million from ArenaPlus
  • P3 million from Bounty Fresh
  • P3 million from Megaworld
  • P3 million from the Senate
  • P2 million from the City of Manila
  • A fully furnished three-bedroom unit in McKinley Hill worth P32 million from Megaworld
  • A house and lot in Nasugbu, Batangas, worth P6 million from Century Properties
  • A Toyota Land Cruiser Prado worth P4.8 million from Toyota Motors Philippines
  • A new house and two lots in Tagaytay from the Philippine Olympic Committee
  • P1 million worth of products from SM Retail
  • P1 million worth of business package from Ever Bilena
  • P 1 million worth of Tupperware products
  • P100,000 worth of furniture from Apollo Home Depot
  • 150,000 Mabuhay Miles per year from Philippine Airlines
  • 28 free local and international flights from Cebu Pacific
  • Uniquely crafted 24K gold bar from Cebuana Lhuillier
  • Lifetime free buffet from Vikings
  • Lifetime free pizza from Pizza Hut
  • Lifetime free ice cream from Dairy Queen
  • Lifetime free chicken inasal from Mang Inasal
  • Lifetime free food and drinks from Tipsy Pig
  • Lifetime free meals from JT’s Manukan Grille-Kalayaan
  • Lifetime free fried chicken from BOK Fried Chicken
  • Lifetime free engineering design from Nexa Engineering
  • Lifetime free ambulance service from Lifeline 16-911
  • Free wedding performance from OPM band Moonstar88
  • Two free franchises from Don Macchiatos and Don Lemon Philippines
  • Lifetime free Pinoy Handaan Buffet from Cabalen
  • Lifetime free frozen treats from Rita’s Italian Ice-The Philippines
  • Lifetime free waffles from Waffle Time
  • Lifetime free pancit from Buddy’s
  • Lifetime free ramen from Makimura Ramen Bar 
  • Unlimited visa services from Fil-Global Immigration Services Corp

I hope the lifetime supply of junk food won’t hinder Carlos Yulo’s ability to win medals for the Philippines in 2028!

Why Being a Virtuoso Can Make You a Millionaire

In the book Rich Habits, best-selling author Tim Corley details five years of observing and documenting the daily activities of 233 wealthy individuals (all had at least $160,000 in annual gross income and $3.2 million in net assets), he found that there are four main paths to becoming a multimillionaire:

  1. The Saver-Investors path: Grew their wealth through regular saving and investing
  2. The Company Climbers path: Climbed the corporate ladder and ended up with an extremely high salary (e.g., CEOs and other top executives)
  3. The Virtuosos path: Have been paid a high premium for their knowledge and expertise in a particular field.
  4. The Dreamers path: Started their own business and their passion shows up in their bank accounts.

Of the four paths above, Carlos Yulo chose the Virtuoso’s route. His exceptional talent and mastery of gymnastics, showcased on the grand stage of the Olympics, instantly turned him into a magnet for lucrative endorsement deals.

Whether it’s in music, sports, technology, or business, virtuosos stand out for their unparalleled skills and dedication. But beyond the admiration and accolades, being a virtuoso can also pave the way to financial success and even millionaire status.

As for Raygun? Well, she could potentially capitalize on her newfound global notoriety to grow her wealth through regular saving and investing, just like the rest of us.

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