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The President of Russian Republic of Kabardino-Balkariya where Bilyal Mahov was born and raised awarded the World champion $70K and $20K to his coach for the Gold medal Mahov won at 2007 World freestyle championships.

Also, the President announced that starting in 2009 50 sport complexes in this republic alone will begin to be constructed.

PS I would say that in that Republic the dollars are worth 4-5 times more than in America so whatever they received I would times that by 4 or 5 to get the American feel for the prize.

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it was 70K USD?

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It was 2 million rubles and half a million rubles for the coach. I did the approximate conversion to help understand the amount given. 2 million rubles is more like $80K actually.