Here are the list of the most expensive Olympics games:
1. 2014 Sochi Winter Games – $55 billion
The highest recorded total cost was the 2014 Sochi Winter Olympics, costing approximately US$55 billion. The 2016 Rio de Janeiro Summer Games experienced the biggest loss recorded at approximately $2 billion (USD).
2. 2020 Tokyo Summer Games – $15.1 billion
When Tokyo was selected in 2012 to host the 2020 Olympic Games, it was an exhale moment for Japan. After losing its 2016 Olympic bid, it finally could present to the world a message that then-Prime Minister Shinzo Abe wanted to convey, “Japan is back,” echoing its 1964 message as host of the Games following a rebuild after World War II.
3. 2016 Rio de Janeiro Summer Games – $13.1 billion
RIO DE JANEIRO (AP) — An analysis by The Associated Press shows that the cost of putting on last year’s Rio de Janeiro Olympics was $13.1 billion, paid for with a mix of public and private money.
4. 2024 Paris Summer Olympics – $8.87 billion
Paris hosted a grand Olympics opening ceremony with dazzling performances and a cost-conscious approach, promising to break the trend of overspending. However, the Games’ budget soared to at least $8.87 billion, exceeding initial estimates by more than $1 billion.
5. 2012 London Summer Olympics – $8.77 billion
The London 2012 Olympic Games took place across six boroughs: Barking and Dagenham, Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forest, and cost a total of £8.77 billion – three times the original budget of £2.4 billion.
