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Tom Daley was finally handed a gold-medal at Tokyo on Monday (26th July) after 13 years of competing at the Olympics. His husband and family have been celebrating back at home since his winning performance.
Daley has been diving for more than 20 years and he was Britain's youngest competitor when he made his debut at the 2008 Summer Olympics.
He's a three-time European champsion and three-time Commonwealth Games champion.
He is set to retire after Tokyo, on a high after setting an Olympic record in this year's 10m diving platform round.
The 27-year-old is estimated to be worth £3 million in 2021.
The majority of his money comes from his diving career and the sponsorships and endorsements that come with it.
How much an Olympian can earn from winning medals depends on the individual country and their sports committee. British athletes aren't handed any cash bonuses for winning medals at the Olympics, but they are supported throughout their training by money set aside by the government and lottery funding.
Most athletes make more money from corporate sponsorship and endorsements.
Throughout his Olympic career, Daley has won three medals in total: one gold at the Tokyo Summer Olympics and two bronze medals at London 2012, so his earnings from those alone could have been up to £61,000 over the years.
The Olympics is just the tip of the iceberg. Daley has won the world championship for the 10m dive and has set an Olympic record in this category at the Tokyo games.
Daley has also made a name for himself on TV and his YouTube channel, where he posts baking vlogs and family updates.
Following the 2012 Olympics, Tom was approached by ITV to appear in their new celebrity diving reality TV show Splash!, which premiered in 2013.
Daley is married to Hollywood screenwriter, director and producer, Dustin Lance Black, and they have one son together, Robbie.
Daley has plenty of opportunities ahead of him post-Olympic career. The obvious choice would be to go into coaching and he's bound to continue to get endorsements and sponsorship deals.
Daley has also got a social media following large enough to monetize.
He's also written books in the past; it's thought his 2012 autobiography brought in a whopping £300,000 in rights, the same year the athlete cashed in on around £500,000 in sponsorship deals. We therefore wouldn't be surprised if he secured another book deal after his final Olympic Games.
Featured Image Credit: PA
Topics: Tokyo Olympics
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