Thursday, July 26, 2012

The Olympic haves and have-nots: Weekend Reads

The Olympic haves and have-nots: Weekend Reads: "The Olympics, which has rolled into London for its 2012 incarnation, may be the biggest sporting event in the world, but that doesn’t mean its participants are the richest.

Indeed, most of the 10,000 athletes who have descended upon London will have had to embrace some fairly entrepreneurial qualities to get there – working hard, keeping costs low and hopefully attracting a bit of income through deals with sponsors.

But then there are the major stars, who certainly don’t have to toil away at part-time jobs in order to pay the mortgage. According to Forbes, the 20 highest-paid Olympians earned $448 million collectively over the past 12 months.

Top of the list is Swiss tennis star Roger Federer, who raked in $54.3 million between July 2011 and July 2012."

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