Filipino gymnast Carlos Yulo won more than just a gold medal on Saturday when he defeated reigning Olympic and world champion Artem Dolgopyat of Israel in the men’s floor exercise final.
He also won a fully furnished house.
The 24-year-old Euro scored 15.000 points to narrowly beat Dolgopyat, who earned 14.966 points, while Great Britain’s Jake Jarman took the bronze medal with 14.933 points.
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Property company Megaworld announced the incentives and prizes in a statement on August 1.
“2024 marks our 100th year of participation in the Olympic Games, and what better way to celebrate this milestone than by recognizing the incredible competitive spirit of our newest Olympic gold medalist and welcoming him to McKinley Hill,” Megaworld President Lourdes Gutierrez Alfonso said in a statement.
Carlos Yulo (center) beat defending world and Olympic floor exercise champion Artem Dolgopyat (left) by just 0.044 points to become the first Filipino male athlete to win an Olympic gold medal, while Great Britain’s Jake Jarman (right) won the bronze medal. (Oscar Barroso/Europa Press via Getty Images)
McKinley Hill is a township in Taguig City, located in Metro Manila.
The location is “the perfect home for Filipino champions who live with unwavering passion and excellence,” she said.
Megaworld said the two-bedroom apartment is valued at 24 million pesos, or about $415,000.
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Yulo also received praise from Philippine President Ferdinand “Bongbong” Romualdez Marcos and a monetary prize from the government.
“We witnessed history as Carlos Yulo won the Philippines’ first ever gymnastics gold medal at the 2024 Paris Olympics,” Marcos wrote on Facebook.
“I’m sure this won’t be the last. Congratulations, Caloy! The whole country is proud of you!”
The Euro athlete scored 15,000 points and won the gold medal for the Philippines. (Oscar Barroso/Europa Press via Getty Images)
The Philippine House of Representatives also voted to award Yulo 3 million Philippine pesos (about $51,900) for his gold medal, multiple Philippine media outlets reported.
Yulo’s victory was not only the Philippines’ first medal in artistic gymnastics, but also the first Olympic gold medal for a Filipino man. It was the second gold medal for the Philippines, after weightlifter Hidilyn Diaz won the women’s 55 kg in Tokyo.
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She was also awarded a house at that time.
“I’m very emotional, I’m so grateful to receive this medal and to God, who has protected me as he always does,” Euro told AFP after his victory.
“He gave me the strength to go through this and perform this well.”
In addition to the gold medal, the 24-year-old Euro also won a house. After winning, Euro said he was “full of emotion” and thanked God. (Paul Ellis/AFP via Getty Images)
Yulo, who has been training in Japan since 2017 as part of the Olympic Solidarity programme aimed at increasing opportunities for athletes, hopes her win will inspire other Filipino gymnasts to pursue gymnastics.
“I hope to see the development of gymnastics in the country,” he told Reuters.
“My hard work and the people who really helped me. I know my success is their success too. I’m happy to win the gold medal and I won the house too.”
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The Euro athlete has another chance to win gold on Sunday after placing sixth in the vault final.
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