2004 Mr. Olympia

This Mr. Olympia contest introduced a new Challenge Round to determine the final standings. The top six competitors scores were discarded after round three, and only the final challenge round standings were used to decide the winner.

The total prize money for the men's Mr. Olympia was $400,000.

Place	Prize	Name	Country	1	2	3	Points	Challenge Score
1	$120,000	Ronnie Coleman		5	5	5	15	24[1]
2	$75,000	Jay Cutler		10	10	10	30	21
3	$50,000	Gustavo Badell		21	16	20	57	13
4	$40,000	Dexter Jackson		15	19	15	49	12
5	$30,000	Markus Rühl		40	28	25	93	10
6	$25,000	Günter Schlierkamp		28	43	30	101	1
7	$15,000	Chris Cormier		36	34	39	109
8	$14,000	Dennis James		33	37	42	112
9	$12,000	Víctor Martínez		37	35	46	118
10	$10,000	Darrem Charles		50	49	43	142
11	$1,000	Pavol Jablonický		57	63	58	178
12	$1,000	Kris Dim		60	61	63	184
13	$1,000	Ahmad Haidar		67	60	64	191
14	$1,000	Johnnie O. Jackson		79	70	69	218
15	$1,000	Troy Alves		72	71	76	219
16	$1,000	Craig Richardson		71	82	82	235
17	$1,000	Mustafa Mohammad		85	85	84	254
18	$1,000	Richard Jones		91	91	89	271
19	$1,000	Claude Groulx		93	91	95	279

• Ronnie Coleman won his seventh consecutive Mr. Olympia title
• Jay Cutler, for a third time, placed runner-up
• Although he placed third in traditional scoring, Dexter Jackson lost to Gustavo Badell in the final challenge round, for a prize difference of $10,000

• 2004 Ms. Olympia

• Mr. Olympia