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The 1924 Summer Olympics, officially known as the Games of the VIII Olympiad, were an international multi-sport event which was celebrated in 1924 in Paris, France. The home city of Pierre de Coubertin, founder of the modern games, was selected over bids of Amsterdam, Los Angeles, Rio de Janeiro, and Rome, though Paris had also hosted the 1900 Games. The cost of the Games of the VIII Olympiad was estimated to be 10,000,000₣. With total receipts at 5,496,610₣, the Olympics resulted in a hefty loss despite crowds that reached 60,000 people at a time. |