Infographic: 2012 London Olympics among the Most Expensive Games Ever Staged
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As the London Olympics are finally upon us, we take a look at some of the major costs that have gone into hosting the games.
The 2012 Summer Olympics are expected to be one of the most expensive games in history, with the current budget hovering around the range of some $13 billion now, a 101 percent increase from the budget presented at London’s initial bid.
While it is nowhere near as expensive as its extravagant Beijing predecessor, researchers say the budget overrun could far exceed the average Olympic overruns we’ve seen in the last 50 years.
As the London Olympics are finally upon us, we take a look at some of the major costs that have gone into hosting the games.
The 2012 Summer Olympics are expected to be one of the most expensive games in history, with the current budget hovering around the range of some $13 billion now, a 101 percent increase from the budget presented at London’s initial bid.
While it is nowhere near as expensive as its extravagant Beijing predecessor, researchers say the budget overrun could far exceed the average Olympic overruns we’ve seen in the last 50 years.
Related: Sports Industry: The Economics of the Olympics
Related Infographic: A Brief History of the Olympic Games
via H&R Block
