Kristof Milak at a Glance
- Net Worth (2025): $3 million
- Birthdate: February 20, 2000
- Birthplace: Budapest, Hungary
- Nationality: Hungarian
- Profession: Swimmer
Table of Contents
What is Kristof Milak’s Net Worth?
Kristof Milak has a net worth of $3 million. The Hungarian swimmer, specializing in the butterfly, built his fortune primarily through competitive prize money, government bonuses for Olympic and World Championship medals, and key endorsements.
His financial success is directly tied to his dominant performances in the pool. For his gold medal at the Tokyo 2020 Olympics, Milak received a reported $168,000 bonus from the Hungarian government. He also earned a reported $126,000 for his silver medal at the same games. Milak’s earnings were further boosted at the 2022 World Championships in his home city of Budapest, where he earned $92,500. This included a $50,000 bonus for setting a new world record and $20,000 for his first-place finish in the 200m butterfly.
Early Life
Kristof Milak was born in Budapest, Hungary. He began swimming at a young age and quickly emerged as one of Europe’s most promising talents in the sport, setting the stage for his record-breaking international career.
Career
Kristof Milak first gained international attention at the 2017 World Championships, where he won a silver medal in the 100m butterfly. He established his dominance at the 2018 Youth Olympic Games, winning three gold medals.
Milak’s major breakthrough occurred at the 2019 World Championships in Gwangju. At just 19 years old, he won the 200m butterfly in a time of 1:50.73, shattering Michael Phelps’ 10-year-old world record. This victory cemented his status as the new global standard in the event.
He continued this momentum at the 2020 Tokyo Olympics, held in 2021. Milak captured the gold medal in the 200m butterfly, setting a new Olympic record. He also earned a silver medal in the 100m butterfly, proving his versatility. At the 2022 World Championships in Budapest, he delighted the home crowd by winning gold in both the 100m and 200m butterfly, lowering his own 200m world record to 1:50.34.
At the 2024 Paris Olympics, Milak won the gold medal in the 100m butterfly and secured the silver medal in the 200m butterfly. Following the games, it was announced he would withdraw from the 2025 World Championships to take a break and focus on preparing for the Los Angeles 2028 Olympics.
