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Hidilyn Diaz set to receive at least P33-M after winning Olympic gold

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Camille B. Naredo, ABS-CBN News 

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/reuters/07/27/oly_wt_hidilyn-diaz.jpg"/><figcaption>Gold medalist Hidilyn Diaz salutes as the Philippines national anthem is played. <em>Edgard Garrido, Reuters</em></figcaption></figure></div><p>MANILA, Philippines -- Filipina weightlifter Hidilyn Diaz will be at least P33 million richer following her epic triumph in the Tokyo Olympics.</p><p>Diaz ended the Philippines&#x27; long wait for an Olympic gold medal on Tuesday night when she lifted a combined 224kg -- an Olympic record -- in the women&#x27;s 55kg division. </p><p>Aside from the priceless gold medal, Diaz is also set to receive plenty of incentives both from the government and the private sector after she ensured that the Philippines&#x27; national anthem was heard for the first time in the Olympics.</p><p>As outlined by Republic Act 10699, Diaz will receive P10 million from the Philippine government.</p><p>The MVP Sports Foundation (MVPSF) will also give her an additional P10 million, as promised by sports patron and businessman Manny V. Pangilinan.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/sports/07/08/21/mvp-sports-foundation-offers-p10-million-reward-for-olympic-gold-medal-winners-from-ph">MVP Sports Foundation offers P10 million reward for Olympic gold medal winners from PH</a></li></ul><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1735386" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div><p>Businessman Ramon S. Ang has also promised an additional P10 million, while Congressman Mikee Romero further sweetened the pot with a P3-million contribution.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/sports/07/13/21/smcs-ramon-ang-to-give-incentives-to-olympic-medalists">READ: SMC&#x27;s Ramon Ang to give incentives to Olympic medalists</a></li>	<li><a href="https://news.abs-cbn.com/sports/07/20/21/romero-to-give-additional-incentives-to-olympic-medalists">READ: Romero to give additional incentives to Olympic medalists</a></li></ul><p>According to Philippine Olympic Committee (POC) president Rep. Abraham &quot;Bambol&quot; Tolentino, Diaz will also receive a house and lot in Tagaytay. </p><p>And on Tuesday, Megaworld Corp. announced that it is giving a residential condominium unit in Eastwood City to Diaz, in acknowledgement of her feat.</p><p>&quot;The epic moment is about 97 years in the making,&quot; Megaworld chief strategy officer Kevin L. Tan said of Diaz&#x27;s golden achievement.</p><p>&quot;This is our way of saying thanks to Hidilyn for making us all proud,&quot; he added. </p><p>Tolentino is confident that there are more incentives on the way for Diaz, who was undecided on how to make use of her windfall.</p><p>&quot;Pag-uusapan pa po namin,&quot; she said on Tuesday when asked of her incentives. &quot;Hindi ko pa po alam.&quot;</p><p>In 2016, after winning silver in the Rio Olympics, Diaz used her prize money to build a weightlifting gym in her hometown.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/sports/08/08/16/diaz-plans-to-build-weight-lifting-gym-with-olympic-prize-money">READ: Diaz plans to build weightlifting gym with Olympic prize money</a></li></ul><div><em>For breaking news and latest developments on the Summer Olympics in Tokyo, visit <a href="https://news.abs-cbn.com/tokyo-olympics">https://news.abs-cbn.com/tokyo-olympics</a></em></div><div><br/><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1735199" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>Filipina weightlifter Hidilyn Diaz will be at least P33-million richer following her epic triumph in the Tokyo Olympics.<br /> </p>

Filipina weightlifter Hidilyn Diaz will be at least P33-million richer following her epic triumph in the Tokyo Olympics.

Hidilyn Diaz set to receive at least P33-M after winning Olympic gold

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Hidilyn Diaz set to receive at least P33-M after winning Olympic gold

Camille B. Naredo,

ABS-CBN News

Published Jul 27, 2021 01:07 PM PHT

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weightlifting

Hidilyn Diaz

Tokyo Olympics

Olympic Games

2020 Tokyo Olympics

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