LOOK: Paalam looks ahead, sets up business from Olympic windfall

ABS-CBN News

Posted at Jan 12 2022 08:45 PM

LOOK: Paalam sets up own business from Olympic windfall 1
LOOK: Paalam sets up own business from Olympic windfall 2
LOOK: Paalam sets up own business from Olympic windfall 3
LOOK: Paalam sets up own business from Olympic windfall 4


Olympic silver medalist Carlo Paalam knows he can't be a boxer forever.

This is why he has decided to invest his Olympic earnings in preparation for a secure life outside the boxing ring.

Paalam posted a series of photos online showing the mini-grocery he set up inside his own commercial building in Cagayan de Oro City.

The pictures came with a simple caption: "Another hard work earned."

Paalam worked as a scavenger during his younger years before going full time in amateur boxing. His hard work paid off with a silver medal in the recent Tokyo Olympics.

Paalam got at least P17 million from the government and several sport patrons for his exploits in the ring. A housing developer also gave him a P3.6-million house and lot in Cagayan de Oro.

He also got a P5-million house and lot in Tagaytay.

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