Advertisment

Former Gymnast Auctions Medals, Denies Rumours She Is Broke

Former Soviet gymnast Olga Korbut has sold off her medals and trophies in a weekend online sale by Heritage Auctions. However, Korbut has denied that she is broke.

author-image
Ria Das
New Update
Gymnast Olga Korbut Sold Her Gold Medals

Former Soviet gymnast Olga Korbut stunned the world at the 1972 Munich Olympics, when she was just 17, earning medals and hearts with her electrifying performance. She repeated her stellar performance a few years later at the Montreal Olympics. But today, reportedly burdened by financial crisis, Korbut has sold off her medals and trophies in a weekend online sale by Heritage Auctions. However, Korbut has denied that she is broke.

Advertisment

In her glorious career, the gymnast has had earned more than 32 medals worth USD 333,500 (INR 2.22 Crore), according to auction house spokesman Chris Ivy told Reuters on Monday.

https://twitter.com/AandETodayNews/status/837050028392775680

Based in Arizona, Korbut has now auctioned her medals, including the memorable ones -- her team gold medal. She earned USD 66,000 by selling the top medal.

Gymnast Olga Korbut Sold Her Gold Medals Korbut's gold medals from 1972 (Pic Credit: BBC)

“Medals saved Korbut from hunger,” reads the Gazeta.ru headline, the BBC reported.

Advertisment

The 61-year-old inspiring gymnast moved to the United States in 1991. Having been one of the greatest motivators of all the time, popularly known as “the Sparrow from Minsk”, this pioneer now faces obstacles in living a proper day without any hassles.

However, Olga Korbut denied such rumours and said that she is not financially broke. the tweet reads:

https://twitter.com/OlgaKorbut1/status/836634333846753280

She even sold off one of her performance leotards, her 1972 BBC Sports Personality of the Year Award and various Soviet medals and World Championship medals.

Watch Her Gymnast Moves Here:

Advertisment

READ: Olympic Gymnast Simone Biles To Groove In ‘Dancing With The Stars’

Feature Image Credit: Hindustan Times

Read More Stories By Ria Das

Join Us on https://www.facebook.com/SheThePeoplePage

Follow Us on https://twitter.com/SheThePeople TV

Advertisment

Your Story On She The People

Russia gymnast auction Gymnast sold Olympics medals gymnastics munich olympics olga korbut soviet union
Advertisment