The postponement of the Olympics is expected to add $2.7 billion to the cost of the Games for the host country. The cost estimate from December, when Tokyo Olympic organizers increased the figure to $12.6 billion. When Tokyo was awarded the Olympics in 2013, the bid committee projected total costs would be $7.3 billion. Read the full profile on Forbes: https://www.forbes.com/sites/mikeozanian/2020/03/25/postponement-of-tokyo-olympics-expected-to-increase-its-cost-by-27-billion/#64ea573a1b7c Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.