Filipino gymnast Carlos Yulo made history Saturday by defeating reigning Olympic and world champion Artem Dolgopyat from Israel in the men’s artistic gymnastics floor exercise final, earning not just a gold medal.
He also won a fully furnished home.
Yulo, aged 24, secured a score of 15.000, closely edging out Dolgopyat, who scored 14.966. Great Britain’s Jake Jarman earned the bronze with a score of 14.933.
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Real estate company Megaworld announced this incentive and award in a statement on August 1.
“This year, we celebrate our 100th participation in the Olympic Games, and what better way to commemorate this milestone than by honoring our newest Olympic gold medalist and welcoming him to McKinley Hill,” stated Megaworld President Lourdes Gutierrez-Alfonso.

Carlos Yulo, center, defeated defending world and Olympic champion Artem Dolgopyat, left, by a mere 0.044 to become the first male Filipino athlete to win an Olympic gold medal. Great Britain’s Jake Jarman, right, took home the bronze. (Oscar Barroso/Europa Press via Getty Images)
McKinley Hill is a township located in Taguig City, part of Metro Manila.
The site is described as “an ideal residence for Filipino champions who embody passion and excellence,” Gutierrez-Alfonso noted.
The two-bedroom condominium is valued at 24 million pesos, roughly equivalent to $415,000, according to Megaworld.
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Yulo was also recognized by President Ferdinand “Bongbong” Romualdez Marcos of the Philippines and received a cash award from the government.
“We have witnessed history with Carlos Yulo securing the Philippines’ first GOLD medal in artistic gymnastics at the Paris 2024 Olympics,” Marcos shared on his Facebook page.
“I firmly believe this won’t be the last. Congratulations, Caloy! The whole nation is proud of you!”

Yulo achieved a score of 15.000, securing the gold medal for the Philippines. (Oscar Barroso/Europa Press via Getty Images)
The House of Representatives of the Philippines also approved an award of 3 million Philippine pesos (approximately $51,900) for Yulo’s gold medal, as reported by several local news outlets.
Yulo’s victory not only marked the first medal for the Philippines in gymnastics but also the first Olympic gold for a male Filipino athlete. This has been the Philippines’ second gold medal; weightlifter Hidilyn Diaz clinched the women’s 55-kilogram event in Tokyo.
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She was similarly granted a house at that time.
“I’m overwhelmed with gratitude for this medal and for God’s protection,” Yulo expressed after his victory, according to AFP.
“He granted me the strength to deliver such a remarkable performance and excel.”

Yulo, 24, was awarded a house in addition to his gold medal. He expressed feeling “overwhelmed” and thanked God following his victory. (Paul Ellis/AFP via Getty Images)
Yulo, who has been training in Japan since 2017 through an Olympic Solidarity program designed to enhance opportunities for athletes, aspires to inspire more Filipinos to take up gymnastics.
“I hope gymnastics in the country continues to grow,” he remarked, according to Reuters.
“My hard work, along with the support from many people, is part of this success. … I’m thrilled about winning the gold. Plus, I received a house!”
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Yulo has the opportunity to win another gold medal on Sunday as he qualified sixth for the vault final.
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