The Secretive International Olympic Committee Is Set To Earn A Record $8 Billion

Gus Lubin and Samuel Blackstone
Business Insider
August 8, 2012

The secretive group that runs the Olympics is expected to earn a record $8 billion in the 2009-2012 quadrennial cycle, according to Sportcal.

Formed to promote “Olympism,” the International Olympic Committee doesn’t get rich off the Games, but they do enjoy themselves.

The 109-member Committee gets wined and dined by cities and corporations bidding for contracts, and they get treated like royalty at the Games.

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This article was posted: Wednesday, August 8, 2012 at 8:55 am

Tags: financial, foreign affairs

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