Mr. Olympia prize money breakdown: How much do the winners make in 2023?

Emily Dozier

Mr. Olympia prize money breakdown: How much do the winners make in 2023? image

The annual Mr. Olympia competition takes place Nov. 3 - Nov. 4 in Orlando.

Hadi Choopan will be defending his title from last year, looking for a second Mr. Olympia crowd. Two-time victor Mamdouh Elssbiay qualified but will not compete, as he pulled out in September due to a handful of injuries.

It isn't just a title on the line; prize money is up for grabs among competitors in all the events. The higher an individual places, the more they are paid out from the total.

How much do top finishers earn from Mr. Olympia? The Sporting News takes a look at the purse from this year's bodybuilding competition.

MORE: Full list of winners from 2022 Mr. Olympia

Mr. Olympia 2023 purse

The total purse for the 2023 Mr. Olympia has yet to be announced, but it is predicted to break the record $1.6 million purse from last year. The purse was previously set at $1.4 million from 2015-2020.

How much money does the winner of Mr. Olympia get?

The winner of Mr. Olympia is the only event champion to bring home six figures, with last year's champion getting $400,000. It has the highest payout of all the events, coming in around $750,000 split between top finishers.

Ms. Olympia has the second-highest payout of the rest of the events, coming in at $95,000.

Mr. Olympia prize money 2023

The total prize money and distribution has yet to be announced, but the winner of Mr. Olympia typically receives $400,000 and the winners of all other events typically receive $50,000.

This section will be updated when the payouts are announced. 

Mr. Olympia 2022 prize money results

For the second straight year, the winner of Mr. Olympia received $400,000 in prize money, followed by $150,000 to the runner-up and $100,000 to the third-place winner.

The payouts for those in fourth and fifth places in each event ever so slightly increased from 2021.

Mr. Olympia

Place Name Prize money
1. Hadi Choopan $400,000
2. Derek Lunsford $150,000
3. Nick Walker $100,000
4. Brandon Curry $40,000
5. Mamdouh Elssibay $30,000

212 Olympia 

Place Name Prize money
1. Shaun Clarida $50,000
2. Angel Calderon Frias $20,000
3. Kamal Elgargni $10,000
4. Ahmad Ashkanani $6,000
5. Oleh Kryvyi $4,000

Ms. Olympia

Place Name Prize money
1. Andrea Shaw $50,000
2. Angela Yeo $20,000
3. Helle Trevino $12,000
4. Margie Martin $7,000
5. Branka Njegovec $6,000

Men's Physique Olympia

Place Name Prize money
1. Erin Banks $50,000
2. Brandon Hendrickson $20,000
3. Diogo Montenegro $10,000
4. Charjo Grant $7,000
5. Edvan Palmeira $4,000

Men's Classic Physique Olympia

Place Name Prize money
1. Chris Bumstead $50,000
2. Ramon Rocha Queiroz $20,000
3. Urs Kalecinski $10,000
4. Breon Ansley $6,000
5. Mike Sommerfield $4,000

Women's Bikini Olympia

Place Name Prize money
1. Maureen Blanquisco $50,000
2. Jennifer Dorie $20,000
3. Ashley Kaltwasser $12,000
4. Daraja Hill $7,000
5. Lauralie Chapados $6,000

Women's Figure Olympia

Place Name Prize money
1. Cydney Gillon $50,000
2. Jessica Reyes Padilla $20,000
3. Lola Montez $12,000
4. Jossie Nathali Alarcon Beceera $7,000
5. Natalia Soltero $6,000

Women's Fitness Olympia

Place Name Prize money
1. Missy Truscott $50,000
2. Jaclyn Baker $20,000
3. Ariel Khadr $12,000
4. Sarah Kovach $7,000
5. Michelle Freuda-Mensah $6,000

Women's Physique Olympia

Place Name Prize money
1. Natalia Coelho $50,000
2. Sarah Villegas $20,000
3. Brooke Walker $12,000
4. Barbara Menage $7,000
5. Ivie Rhein $6,000

Women's Wellness Olympia

Place Name Prize money
1. Francielle Mattos $50,000
2. Isabelle Nunes $20,000
3. Angela Borges $12,000
4. Kassandra Gillis $7,000
5. Rayane Fogal de Souza Santana $6,000

 

Emily Dozier

Emily Dozier Photo

Emily Dozier is a live events and lifestyle writer at The Sporting News, covering everything from sporting events and music festivals to broadway shows and stand-up comedy. Based out of New York, she graduated from the University of Georgia with a bachelor’s degree in journalism. When not covering the SN tickets beat, Emily enjoys playing volleyball and cooking. Prior to joining The Sporting News in 2023, Emily covered the 2023 FIFA Women's World Cup for the Associated Press.