Prime Lenses
First, we will start with primes. Personally, I am partial to quality zoom lenses. With that statement, a certain amount of laziness is on display. With so many excellent zoom lenses available for MFT, prime lenses become niche players where special characteristics make them invaluable like extra speed or macro capability. Since I now only use Panasonic cameras, in-lens stabilization is important. As a result, only shorter Olympus primes are candidates for my collection. That said, all of my prime lenses thus far have been Olympus.Olympus M.Zuiko 12mm f2.0

Olympus M.Zuiko 45mm f1.8

Olympus M.Zuiko ED 60mm f2.8 Macro
This is another Oly lens that I really like. The 120mm full frame equivalent focal length works well for macro so you don't have to get right on top of your subject. It can do 1:1 magnification and has distance presets that make the autofocus very fast, particularly for a macro lens. In non-macro mode, this lens can also work as a portrait lens or general short telephoto. At f2.8, it is fast enough to be versatile in low light situations. Again, this is a sharp lens and at $500 is less expensive than the Panasonic 45mm Macro which clocks in at $900 (and some say is not as sharp as the Oly). The extra cost lens hood is unique in that it slides up and down the barrel of the lens for quick activation/deactivation.
Zoom Lenses
The bulk of my lenses are zoom lenses, covering a range from 7mm to 300mm (14mm to 600mm in full frame). I am not a studio photographer and much of my photography isn't much more than semi-planned, so I need the versatility of variable focal length lenses. A couple of my zoom lenses were Olympus but I only used them on Olympus bodies. Now that my Olympus cameras are gone, along with in-body image stabilization, my Olympus zooms are gone, too.Panasonic Lumix G VARIO 7-14mm f4.0 ASPH.

Panasonic Lumix G Vario 12-32mm f3.5-5.6 ASPH.

Panasonic Lumix G X VARIO 12-35mm f2.8 ASPH.

Olympus M.Zuiko ED 12-40mm f2.8 PRO

Olympus M.Zuiko ED 12-50mm f3.5-6.3 EZ

Panasonic Lumix G VARIO 14-42mm f3.5-5.6

Panasonic Lumix G VARIO 14-42mm f3.5-5.6 II ASPH.

Panasonic Lumix G Vario 14-140mm f/3.5-5.6
This is my other indispensable travel lens. This lens and my 7-14mm go into my travel camera bag along with my GX7. A very light and compact kit with a focal range from 7 to 140 mm (20 to 1 in just two lenses). This lens should not be confused with it's predecessor, the 14-140mm f4-5.8, which is an inferior lens. The latest 14-140mm is a fine lens, smaller than it's predecessor but better built with a wider aperture. And it is much sharper. This lens is promoted as a video lens and it works very well for that with the 10:1 zoom ratio. It is quiet, fast-focusing, and smooth in operation. Panasonic lists it for $700 (about what I paid for mine) but the street price has dropped to about $550, a real bargain. The older version sells for about $400, so watch out if you are buying.
Panasonic Lumix G Vario Ultra Compact Zoom 35-100mm f4.0-5.6

Panasonic Lumix G X Vario 35-100mm f2.8 ASPH.

Panasonic Lumix G Vario 45-200mm f4.0-5.6

Finally, the end of the line. This is my long ranger, used mostly for motorsports and the occasional bird or moon. It is not the sharpest lens in my quiver but it is much better than the 45-200mm. And with a 600mm full frame equivalent reach, it can capture images that I can't even see with the naked eye. Moderately priced at about $600, it is a niche player, but invaluable if you need the length. I'm waiting for Panasonic to come out with a 300mm f2.8 prime (ha!), until then, this is my distance lens.