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Carlos Yulo, the Philippines' gymnastics prodigy, is no stranger to the podium. His name has become synonymous with dedication, success and most especially gold. After his historic wins at the Paris Olympics 2024, Yulo has become a household name and a multi-millionaire.
It's safe to say that this is indeed Carlos Yulo's golden era, and we're all here for it!
ACP proudly recognizes his exceptional achievements and athletic prowess. Yulo's consistent success and unwavering dedication to his sport have solidified his place among the world's elite gymnasts.
Here’s the running list of the incentives and prizes he has received from different companies, individuals, organizations and the government.
Cash Incentives
PHP 20 million from the Philippine Government
PHP 20 million from the Office of the President
PHP 14 million from the House of Representatives
PHP 3 million from the Philippine Senate
PHP 5 million reward from former Ilocos Sur Governor Luis ‘Chavit’ Singson
PHP 3 million cash incentive from Bounty Agro Ventures Inc.
PHP 5 million from Arena Plus
Real Estate
PHP 32 million three-bedroom condo from MegaWorld, plus PHP 3 million cash bonus
PHP 6 million house and lot from Century Properties Group
House and lot in Tagaytay from the Philippine Sports Commission
Travel & Tours
150, 000 Mabuhay Miles reward per year, a lifetime gift from Philippine Airlines
28 free domestic and international flights from Cebu Pacific
Luxury Vehicles
Toyota Land Cruiser Prado from Toyota Motor Philippines
Chery Tiggo 7 Pro SUV from Chery Auto Philippines
Lifetime Food Perks
Lifetime of free pizza from Pizza Hut and ice cream from Dairy Queen
Lifetime free Buffet from Vikings Philippines branches
Business & Shopping Perks
PHP 1 million worth of SM Retail products, consumable for one year
PHP 1 million direct sales business package from Ever Bilena
Source of Information: Mega, Phil Star Global, ABS-CBN News, GMA Network
Additionally, a one-of-a-kind set of gold bars, a symbol of his golden performance, has been bestowed upon him by Cebuana Lhuillier, a statement of Yulo’s worth both on and off the mat. A fitting reward for the nation's golden boy. Beyond his latest gold collection, the said prizes and incentives given to him by individuals or companies will remain tax free, as stated by BIR.
Not only has Carlos Yulo added another gold to his impressive collection, but he has also become a symbol of hope and inspiration for countless Filipinos. His story is one of dedication, and this new "gold" is a testament to his growing legacy. As he continues his journey for future victories, these gold bars are a shining reminder that the rewards of success can come in many forms—sometimes, in pure gold.
Want to make a statement? Let ACP handle your awarding ceremony with awards that stand out from the crowd. 🏆
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