Push Admin

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

Article (news)

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

News

Entertainment

Lifestyle

Sports

Metro.Style

More

BINI

Sudoku

Word of the Day

Lotto

Horoscope

Sports

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

Camille B. Naredo,

ABS-CBN News

Published July 27, 2021 01:07 PM PHT

Read More:

weightlifting

Hidilyn Diaz

Tokyo Olympics

Olympic Games

2020 Tokyo Olympics

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.