1998 Mr. Olympia

The total prize money awarded was $300,000.

Place	Prize	Name	1	2	3	4	Points
1	$110,000	Ronnie Coleman	17	5	5	5	32[1]
2	$50,000	Flex Wheeler	5	10	10	10	35
3	$35,000	Nasser El Sonbaty	11	16	17	16	60
4	$25,000	Kevin Levrone	23	21	20	20	84
5	$20,000	Shawn Ray	18	22	24	25	89
6	$14,000	Chris Cormier	40	30	30	30	130
7	$13,000	Lee Priest	30	35	35		100
8	$12,000	Ernie Taylor	53	40	42		135
9	$11,000	Mike Matarazzo	54	48	52		154
10	$10,000	Jean Pierre Fux	53	51	53		157
11		Miloš Šarčev	61	56	61		178
12		Johnny Moya	60	62	62		184
13		Darrem Charles	69	63	61		193
14		Aaron Baker	73	67	56		196
15		Günter Schlierkamp	77	73	69		219
16		Ahmad Haidar	84	80	83		247
17		Claude Groulx	88	82	82		252
		Paul Dillett	35

• Dorian Yates, who sustained a severe triceps injury before winning the 1997 Mr. Olympia, announced his retirement leaving way for a new champion
• Ronnie Coleman surprised the field by winning the title over the more established favorites, Flex Wheeler, Nasser El Sonbaty, Kevin Levrone and Shawn Ray
• Paul Dillett was suffering from severe dehydration and passed out after just 10 minutes of pre-judging, and dropped out of the competition

• Mr. Olympia