Millions Beatrice Chebet will earn after breaking 10000m world record

28th May 2024

The extraordinary performance also earned Chebet a spot in Kenya’s 2024 Paris Olympic Games team.

Beatrice Chebet. PHOTO| AFP
Beatrice Chebet. PHOTO| AFP
SUMMARY
  • Beatrice Chebet set the 10000m world record at the 2024 Prefontaine Classic.
  • She clocked an impressive time of 28:54.14.
  • The previous world record of 29:01.03 was held by Ethiopia’s Letesenbet Gidey.

Kenya’s Beatrice Chebet became the first woman in history to produce a sub 29-minute performance in the 10000m race over the weekend at the 2024 Eugene Diamond League.

The remarkable display saw her cross the finishing in an outstanding time of 28:54.14, which was seven seconds faster than the previous mark of 29:01.03 established by Ethiopia’s Letesenbet Gidey in 2021.

Chebet was followed by the reigning 5000m world record holder Gudaf Tsegay and Lilian Kasait, who clocked 29:05.92 and 29:26.89 respectively.

Reacting after the epic race, Chebet, who is coached by Gabriel Kiptanui, could not hide her excitement.

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“Historic Eugene! It was an unforgettable experience. I am going home with a full heart and immense satisfaction after achieving a new personal best and the world’s best time,” read part of her statement.

The extraordinary performance not only ensured Chebet earned a spot in Kenya’s 2024 Paris Olympic Games team but also guaranteed her a financial windfall.

According to World Athletics, each Diamond League meeting has a total prize money of $25000 (approximately Ksh 3,318,750) for each discipline and it is obligated to award the winner $10000 (approximately Ksh 1,327,500).

The runner-up pockets $6000 (approximately Ksh 796,500) while the third-place finisher walks home with $3500 (approximately Ksh 464,625).

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Moreover, a mouth-watering bonus of $50,000 (approximately Ksh 6, 637,500) is set aside for any athlete who sets a new world record.

Therefore, Chebet is expected to receive $60000 (approximately Ksh 7,965,000) which is expected to be subjected to the usual tax procedure as well as other deductions.

Meanwhile, besides the Diamond League payments, the reigning World Athletics Cross Country Championships champion is expected to receive Ksh 5,000,000 from the Kenyan government for becoming a world record holder.

The policy was started by the President William Ruto-led administration several months ago, and some of the runners such as Faith Kipyegon and the late Kelvin Kiptum have been some of the beneficiaries. 

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