fromFortune
13 hours agoEvery U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire's $100 million gift | Fortune
Billionaire Ross Stevens wants to change that. Beginning with next month's Milan Cortina Games, he will give $200,000 to every U.S. Olympic and Paralympic athlete, regardless of if they win, in a move to help them gain financial security. Stevens, the founder and CEO of Stone Ridge Holdings Group, donated $100 million to the United States Olympic & Paralympic Committee (USOPC) for the program in 2025. It was the largest gift in the organization's history.
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