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Greg Louganis Sells Three Olympic Medals and California Home, Relocates to Panama

He says financial need drove the decision after reflecting on friends’ wildfire losses.

Overview

  • The 65-year-old diving great announced on Facebook that he has left the U.S. for Panama and plans to “check in” from his new home.
  • Louganis said he sold two golds and a silver because he “needed the money,” adding that better management might have averted the move.
  • Auction records from RR Auction show the 1984 Los Angeles gold sold for $199,301, the 1988 Seoul gold for $201,314, and the 1976 Montreal silver for $30,250.
  • He linked the timing to recent Los Angeles wildfires, citing the resilience of friends who lost everything in the Woolsey and Palisades fires as motivation to start over.
  • Beyond the medals, he sold his California house and many belongings, expressing satisfaction with the home’s buyer and framing the shift as a personal reinvention.