In 2016, Park In-bee won a gold medal at the Rio Olympics and received a prize money of 300 million won.

In 2016, Park In-bee won a gold medal at the Rio Olympics and received a prize money of 300 million won.

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[Asia Economy Reporter No Woo-rae] ○…‘300 million KRW for a gold medal’.


This is the reward from the Korea Golf Association (KGA) for the Tokyo Olympics. On the 30th, they announced, "For the Tokyo Olympics, the prize money for medalists will be the same scale as the 2016 Rio Olympics: 300 million KRW for a gold medal, 150 million KRW for a silver medal, and 100 million KRW for a bronze medal." Coaches will receive 50 million KRW for a gold medal, 30 million KRW for a silver medal, and 20 million KRW for a bronze medal. During the Rio Olympics, Inbee Park (33, KB Financial Group) won a gold medal and received 300 million KRW, and coach Se-ri Pak received 50 million KRW.



Korea will send four female and two male players to the Tokyo Olympics. The International Golf Federation (IGF) finalized the final entry list for the Olympics after the KPMG Women’s PGA Championship on the LPGA Tour in the U.S. yesterday. The female players are world-ranked 2nd Jin-young Ko (26), 3rd Inbee Park, 4th Sei-young Kim (28, Mediheal), and 6th Hyo-joo Kim (26, Lotte). The male players are Seong-jae Im (23), ranked 26th in the world last week, and Si-woo Kim (26, both from CJ Logistics), ranked 49th.


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