• Swimming icon allegedly victim of crime 
  • Won five Olympic gold medals in glittering career 

By SHAYNE BUGDEN FOR DAILY MAIL AUSTRALIA

Published: 23:34 BST, 5 June 2025 | Updated: 23:56 BST, 5 June 2025

Olympic icon Ian Thorpe has had $150,000 stolen from him in an alleged theft he reported to police in Sydney on Thursday.

The five-time gold medal winner attended Paddington police station in the city’s east to report the alleged crime, which he described as an ‘insurance job’, according to radio 2GB.

‘At about 4pm on Thursday, June 5, a 42-year-old man attended Paddington police station to report an alleged theft incident,’ NSW Police said in a statement.

‘Officers attached to eastern suburbs have commenced an investigation into the alleged incident. 

‘There is no further information available at this time.’

Ian Thorpe (pictured) has lost $150,000 in an alleged theft he reported to Sydney police on Thursday afternoon

Ian Thorpe (pictured) has lost $150,000 in an alleged theft he reported to Sydney police on Thursday afternoon

The Olympic legend (pictured at this year's Australian Open) reportedly described the alleged crime as an 'insurance job'

The Olympic legend (pictured at this year’s Australian Open) reportedly described the alleged crime as an ‘insurance job’ 

Thorpe has not commented on the alleged crime at the time of writing. 

The news of the alleged theft comes after Thorpe also took a financial hit in October last year.

He listed his luxury Sydney home in the upmarket suburb of Woollahra – not far from the police station he attended on Thursday – for $3.5million after purchasing the exquisite four-bed, three-bathroom townhouse in December 2017 for $2.75million.

He had previously listed it for $3.7million in September 2023, but failed to find a buyer at that price and was then faced with taking a $200,000 hit.

Thorpe did extensive renovation work to the property, which also features open-plan living areas, a stunning remodelled terrace and stylish sliding doors.

Speaking to The Sydney Morning Herald in 2023, letting agent Courtney Wong said the home is the ‘best one’ in the area, situated away from the street.

‘It’s completely private and secluded,’ he added.

More to come… 

:
Mystifying alleged crime costs Olympic legend Ian Thorpe a FORTUNE as swimming star is seen rushing to police station

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