Beijing says the cost of hosting the 2022 Winter Games is among the cheapest ever at $3.9 billion. But the real cost might be more than $38.5 billion, 10 times the reported amount. MORE BUSINESS INSIDER VIDEOS: How This Village Makes 50,000 Incense Sticks A Day For Lunar New Year | Big Business https://www.youtube.com/watch?v=YD5Qeo6o1UI Why Sea Sponges Are So Expensive | So Expensive https://www.youtube.com/watch?v=c6pgR4yEYVE Why This Controversial Jet May Cost $1.7 Trillion | True Cost https://www.youtube.com/watch?v=_zG1S87ptSA ------------------------------------------------------ #2022WinterOlympics #TrueCost #BusinessInsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit us at: https://www.businessinsider.com/ Subscribe: null BI on Facebook: https://read.bi/2xOcEcj BI on Instagram: https://read.bi/2Q2D29T BI on Twitter: https://read.bi/2xCnzGF BI on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Boot Camp on Snapchat: https://www.snapchat.com/discover/Boot_Camp/3383377771 Is Beijing Hiding The Olympic Price Tag? | True Cost