Arshad Nadeem clinched gold at the Paris Olympics with a javelin throw of 92.97 meters, surpassing Neeraj Chopra’s 89.45 meters. Despite facing significant financial constraints in preparing for the Games, Nadeem’s triumph on August 8th is bringing substantial rewards.
In recognition of his achievement, Maryam Nawaz, Chief Minister of Punjab, Pakistan, has announced a generous cash prize of PKR 100 million (approximately INR 3 crore). She described this as a ‘gift to the nation’ in celebration of Pakistan’s Independence Day.
Additionally, Karachi Mayor Barrister Murtaza Wahab has pledged PKR 50 million and revealed plans to establish a sports academy named after Nadeem. He declared, “Arshad Nadeem is a national hero, and we take immense pride in our heroes.”
The Pakistani National Assembly has unanimously decided to bestow upon Nadeem the country’s highest civilian honor. Opposition leader Omar Ayub has promised a grand reception upon Nadeem’s return. Sindh Governor Kamran Khan Tessori has also announced a cash reward of PKR 2 million.
Kamran Tessori, the Sindh governor, took to X (formerly Twitter) to announce a cash reward of PKR 1 million (an estimated INR 3 lakh) for the Olympic champion.
Meanwhile, silver medallist Neeraj Chopra and bronze medalist Anderson Peters from Grenada will not receive any cash prize from the global governing body, as it only offers rewards to gold medallists. However, World Athletics has pledged to introduce cash prizes for silver and bronze medalists beginning with the Los Angeles Olympics in 2028.
Arshad Nadeem Net Worth:
Taking all these amounts into account, Nadeem is set to receive nearly INR 2 crore in prize money for his achievements at the Paris Olympics 2024. This significant sum will also provide a considerable boost to his net worth, which is currently estimated at approximately USD 2 million (around INR 16.8 crore).
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