Tokyo Olympics’ staggering price tag and where it stands in history
SummaryMounting pandemic challenges pushed the cost of the Summer Games to an unprecedented high
The Tokyo Olympics are set to be the most expensive Olympics on record. According to officials, the budget is $15.4 billion, but Japanese government auditors have said total spending tops $20 billion, almost three times the original forecast of around $7.4 billion when Tokyo put together its bid for the Olympics. That puts the Games $11.04 billion over the total cost of London’s Olympics, the next most expensive ever.