Wednesday , 28 September 2016

Which host city profited the most from the Olympics?

From building the stadiums to constructing a suitable living village for all the athletes, It takes a lot to put on the Olympics. Some countries already have the infrastructure in place, while others need to build it from scratch, which can make preparation quite expensive. Most countries think they’ll make all that money back through the revenue of fans and sponsorships, but that’s not always the case. Below are how much each host city spent to set up the Olympics and in turn how much they profited from them.

profited- Olympics

profited- Olympics

Cost to Setup: $5.1 billion
Net Loss: -$3.2 billion

profited- Olympics

Cost to Setup: $6.7 billion
Net Loss: -$2.9 billion

profited- Olympics

Cost to Setup: $7.1 billion
Net Loss: -$515.4 million, though total debt might be more. This just accounts for debt from the Olympic Village alone.

profited- Olympics

Cost to Setup: $1.4 million
Net Loss: -$97.6 million

profited- Olympics

Cost to Setup: $3.6 billion
Net Loss: -$38.7 million

profited- Olympics

Cost to Setup: $494.4 million
Net Loss: -$24.7 million

profited- Olympics

Cost to Setup: $11.5 billion
Net Loss: Debt is unknown, but it is speculated that the number is quite high and has contributed to the historic debt Greece now faces.

profited- Olympics

Cost to Setup: $12 billion, estimated
Net Profit/Loss: Only time will tell…

profited- Olympics

Cost to Setup: $16.2 billion
Net Profit: $8.6 million

profited- Olympics

Cost to Setup: $2.6 billion
Net Profit: $15.4 million

profited- Olympics

Cost to Setup: $348 million
Net Profit: $23.2 million

profited- Olympics

Cost to Setup: $51.9 billion
Net Profit: $54.1 million

profited- Olympics

Cost to Setup: $1.8 billion
Net Profit: $65.1 million

profited- Olympics

Cost to Setup: $15.3 billion
Net Profit: $91.3 million

profited- Olympics

Cost to Setup: $1.7 billion
Net profit: $134 million

profited- Olympics

Cost to Setup: $47 billion
Net Profit: $190.3 million

profited- Olympics

Cost to Setup: $958 million
Net Profit: $517.3 million

profited- Olympics

Cost to Setup: $8.2 billion
Net Profit: $1 billion

Source

profited- Olympics