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How much money Olympic medal-winning athletes from other countries get is measly compared to what Singapore athletes get.
Acidcow compiled a list of how much the medallists are paid around the world.
Schooling will get to keep $650,000 of his prize money, after income tax and a 20 per cent contribution to the National Sports Association are deducted.
That's more money than Michael Phelps gets for all his medals combined. Phelps gets about $25,000 USD from the United States for his Olympic victories. The swimming legend has a total of 23 gold medals.