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Home Swimming

Rinehart Boosts Monetary Awards For Aussie World Championships Medalists

August 6, 2025
in Swimming
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Rinehart Boosts Monetary Awards For Aussie World Championships Medalists


By Retta Race on SwimSwam

The 2025 World Championships might have concluded, however the cash remains to be rolling in for a few of Australia’s high pool swimming performers.

Because the nation completed second within the total swimming medal desk, having amassed 20 items of {hardware}, together with 8 golds, longstanding aquatics benefactor Gina Rinehart has contributed further financial awards to those that actually rose to the event in Singapore.

As a patron, Rinehart has dedicated the next to swimming and synchronized (inventive) swimming athletes:

Medal Sort
Particular person Occasion
Relay Occasion

Gold
$20,000
$5,000pp 

Silver
$15,000
$3,750pp 

Bronze
$10,000
$2,500pp 

World Document
$30,000
$7,500pp 

Of word, athletes who obtained a number of medals shall be rewarded for each medal earned. Funds shall be made immediately into athletes’ accounts inside two weeks, pending affirmation of up to date banking particulars.

For a swimmer akin to Olympic multi-champion Kaylee McKeown, her reward consists of:

100m backstroke gold – $20,000
200m backstroke gold – $20,000
Ladies’s 4x100m medley relay silver – $3,750

Whereas teammate Mollie O’Callaghan’s haul consists of:

100m freestyle silver – $15,000
200m freestyle gold – $20,000
Ladies’s 4x100m freestyle relay gold – $5,000
Ladies’s 4x200m freestyle relay gold – $5,000
Ladies’s 4x100m medley relay silver – $37,50

Per Swimming Australia’s launch, Rinehart and Hancock Prospecting have supported swimming for greater than 30 years, initially in West Australia, then in Queensland too, and for the reason that London Olympics, nationally additionally.

They’re the most important personal supporters of Australian Olympic sports activities.

Rinehart was awarded an Order of Advantage by the Australian Olympic Committee in 2014.

Of her important financial awards, Rinehart said, “Warmest congratulations to all our swimmers, synchronised swimmers and different athletes who competed in Singapore. A spectacular effort! 

 “Few folks actually perceive the years of laborious work, self-discipline and sacrifice required to compete at this stage. To see Australia obtain second on this planet – punching effectively above our inhabitants dimension – is wonderful.

 “Our swimmers have come to this point for the reason that London Olympics, the place no gold medals have been gained, to now standing because the second-best swimming nation on this planet! – behind solely the USA.

 “This success additionally displays the years of sacrifice from mother and father, coaches and volunteers behind the scenes who assist make these data potential.

 “I’m delighted to as soon as once more present monetary bonuses to our medal winners within the sports activities the place I’m patron. It’s a manner of claiming thanks and exhibiting appreciation for his or her dedication and achievements for our nation, and for serving to to construct nationwide satisfaction. 

 “For swimmers like Mollie and others who achieved a number of medals, they’ll obtain bonuses for each medal earned.” 

71-year-old Rinehart is an Australian heiress, billionaire mining magnate and businesswoman. Her father based Hancock Prospecting, a privately owned mineral exploration and extraction firm.

Learn the total story on SwimSwam: Rinehart Boosts Financial Awards For Aussie World Championships Medalists



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Tags: AussieAwardsBoostsChampionshipsMedalistsMonetaryRinehartWorld
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