How are the Olympics governed?
INTERNATIONAL OLYMPIC COMMITTEE (IOC)
The IOC owns the rights to the Olympic symbols, flag, motto and anthem. The Executive Board of the IOC assumes many of the legislative functions of the organization and is responsible for enacting all regulations necessary for the full implementation of the Olympic Charter.
Are the Olympics a private organization?
The IOC as an organisation
Based in Lausanne, Switzerland, the Olympic Capital, it is entirely privately funded and distributes 90 per cent of its revenues to the wider sporting movement, for the development of sport and athletes at all levels.
How much gold is in a gold medal?
Olympic gold medals have some gold in them, but they’re mostly made of silver. According to the International Olympic Committee (IOC), gold and silver medals are required to be at least 92.5 percent silver. The gold in gold medals is in the plating in the outside and must consist of at least 6 grams of pure gold.
Who was the first Olympic champion?
First Modern Champion
On 6 April 1896, the American James Connolly won the triple jump to become the first Olympic champion in more than 1,500 years.
What does the Olympic Committee do?
Its job is to encourage the promotion of Olympic values, to ensure the regular celebration of the Olympic Games and its legacy and to support all the organisations affiliated to the Olympic Movement. The IOC cultivates its success through a series of programmes and projects which give life to the Olympic values.