Well I quite like the post count, but either way if someone wants to kick off a new thread, I'll answer in here for some consistency though. Really surprised noone got this...

From rags to riches he went, (North Corel to Gold Saucer)
To what could hold the cup of Midas. (What else would you use to hold Midas' cup BUT a gold saucer? Man I crack myself up )
As a champion,
He stood against the rain. (These refer to winning the Parasol in the Speed Square)
As a failure,
All he could do was wipe his tears. (This refers to getting a Tissue for losing)
But he was not a selfish man,
He gave his gift away. (All the lines point to the Gold Saucer and it's prizes, if you've got this far then the only 'gift' this riddle talks about is the Parasol, which is given to AERIS)

So yeah, Aeris is the answer, once you cracked the Gold Saucer hints, I didn't think that would be much of a problem... Oh well, guess I need to keep toning down :P .