The gymnast holding the record for the most Olympic medals is Michael Phelps. While primarily known for his achievements in swimming, Phelps' remarkable career includes a total of 28 medals, with 23 of them being gold. His dominance in events like the 100m butterfly and individual medley has made him a legendary figure in the Olympic Games. Phelps' unparalleled ability to combine speed, technique, and endurance has set a benchmark for future athletes in gymnastics and beyond.