Particle.news

Download on the App Store

Greg Louganis Sells Three Olympic Medals, Leaves U.S. for Panama

He says parting with prized items was necessary to finance a quieter life after years of financial missteps.

Overview

  • Three medals sold in July through RR Auction — 1984 gold for $199,301, 1988 gold for $201,314, and 1976 silver for $30,250 — totaling just over $430,000.
  • Louganis also sold his California home and says he was pleased with the buyer as he prepared to relocate.
  • He wrote that he “needed the money” and added that better management might have prevented the sell-off.
  • He cited friends’ losses in California wildfires as influencing his decision to downsize and begin anew.
  • He has checked in from Panama and described the move as a chance for self-discovery away from public noise.