While the Olympics is one of the biggest sporting events in the world, it comes with a hefty price tag for the cities hosting the games. Since 1960, every Olympics has overspent its budget by building new venues, Olympic villages, and public infrastructure. For the 2024 Paris Summer Olympics, it aims to become one of the cheapest modern Olympics. The total budget for the 2024 Olympics is an estimated $9.7 billion, with 95 percent of the venues needed already built.
Chapters:
01:34 Title card - How Paris pulled off one of the cheapest Olympics
01:37 Chapter 1 - The Paris Olympics
03:56 Chapter 2 - Why some failed
Chapter 3 - New IOC guidelines
08:00 Chapter 4 - The future of hosting
Producer: Daren Geeter
Animation: Jason Reginato, Emily Rabbideau
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, International Olympic Committee
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From ’Wall Street’ to ’Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to stop worrying about money? Sign up for CNBC’s new online course Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure. We’ll teach you the psychology of money, how to manage your stress and create healthy habits, and simple ways to boost your savings, get out of debt and invest for the future. Start today and use code EARLYBIRD for an introductory discount of 30% off through Sept. 2, 2024:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Instagram:
Follow CNBC News on Facebook:
Follow CNBC on Threads:
Follow CNBC News on X:
Follow CNBC on WhatsApp:
#CNBC
#Olympics
#ParisOlympics2024
How Paris Pulled Off One Of The Cheapest Olympics
1 view
32
14
1 month ago 00:03:56 1
twenty one pilots - Hometown (Official Audio)
1 month ago 00:15:59 1
Vaughan Williams - Tallis-Fantasie | Stanislav Kochanovsky | WDR Sinfonieorchester
1 month ago 00:05:07 1
Tremonti - The Mother, The Earth and I (Official Video)
1 month ago 00:00:59 1
закажи мандалу пары, семьи, привлечения любви
1 month ago 00:32:23 1
Parisian Antique Homes: Rediscovering Their Allure and Beauty
1 month ago 00:49:02 1
Скрытые связи Ирана с Западом: конституция из Парижа, инвестиции Франции, ЦРУ и британская нефть
1 month ago 00:01:25 1
Théâtre Optique d’Émile Reynaud. Museu del Cinema
1 month ago 00:04:26 1
We Will Rock You - Queen / Rockin’1000 at Stade De France
1 month ago 00:55:46 1
How Hitler Came To Power, with Timothy Ryback and Jim Bittermann
1 month ago 00:16:46 1
ETIHAD AIRBUS A380 Takeoff Abu Dhabi | Flight Deck GoPro View
1 month ago 00:01:03 1
Ian Charles Lepine – Eve
1 month ago 00:20:43 1
Los Angeles’ Sneaker Rise in Skateboarding Culture | Sole Origins
1 month ago 00:04:02 1
The Exaltics & Paris The Black FU - An Aliens Commentary On What He Observes From The Edge Of Space
1 month ago 00:04:38 1
How Deep Is Your Love (Bee Gees cover) - Chorales Uniisson
1 month ago 01:39:20 1
David Guetta | United at Home - Fundraising Live from Miami
1 month ago 00:02:37 2
LISA - MOONLIT FLOOR (Official Performance Video)
1 month ago 00:23:00 1
Should CHRISTIANS watch the OLYMPICS? || NEW UPDATES & REACTION
1 month ago 00:07:17 1
HOW TO MAKE A FRIEND - Animation Short Film 2024 - GOBELINS
1 month ago 00:04:16 1
Open Your Energy Gate. The Bubbling Spring. Tao Basics☯️✨
1 month ago 00:42:00 1
Paris Rooftop Style Guide: Effortless Elegance with a View
1 month ago 00:08:38 1
WHERE AND WHAT TO EAT IN PARIS. Creperie, Bouillon Chartier, Too Good To Go app. AT travelog
1 month ago 01:39:20 1
Rockin’1000 full concert at Stade de France, Paris 2019
1 month ago 00:25:56 1
THE FAIRCHILDS - MISERY LIKES COMPANY - LET’S DIVE IN
1 month ago 00:04:09 1
SIGNS OF THE SWARM - IWONTLETYOUDIE (OFFICIAL VIDEO)