Barnorama All Fun In The Barn
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.
Cost to Setup: $5.1 billion
Net Loss: -$3.2 billion
Cost to Setup: $6.7 billion
Net Loss: -$2.9 billion
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.
Cost to Setup: $1.4 million
Net Loss: -$97.6 million
Cost to Setup: $3.6 billion
Net Loss: -$38.7 million
Cost to Setup: $494.4 million
Net Loss: -$24.7 million
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.
Cost to Setup: $12 billion, estimated
Net Profit/Loss: Only time will tell…
Cost to Setup: $16.2 billion
Net Profit: $8.6 million
Cost to Setup: $2.6 billion
Net Profit: $15.4 million
Cost to Setup: $348 million
Net Profit: $23.2 million
Cost to Setup: $51.9 billion
Net Profit: $54.1 million
Cost to Setup: $1.8 billion
Net Profit: $65.1 million
Cost to Setup: $15.3 billion
Net Profit: $91.3 million
Cost to Setup: $1.7 billion
Net profit: $134 million
Cost to Setup: $47 billion
Net Profit: $190.3 million
Cost to Setup: $958 million
Net Profit: $517.3 million
Cost to Setup: $8.2 billion
Net Profit: $1 billion
