Hi there! explore American former professional road racing cyclist Lance Armstrong net worth at SGX-Nifty. Lance Edward Armstrong is an American former professional road race cyclist who was born September 18, 1971. He became famous worldwide when he won the Tour de France a record seven times in a row, from 1999 to 2005. In this article, we discuss Lance Armstrong net worth, age, career, and other information.
Who is Lance Armstrong
Lance Edward Armstrong was born on September 18, 1971. He is an American former professional road race cyclist. He became famous around the world when he won the Tour de France a record seven times in a row from 1999 to 2005. However, he lost all of his titles after the Lance Armstrong doping case, which looked into doping claims, found that he had used performance-enhancing drugs during his career. He is officially banned from all official bike events for life.
Armstrong started triathlons when he was 16 years old. In 1989 and 1990, he won the national sprint-course triathlon title. His first job as a professional rider was with the Motorola team in 1992. Back in 1993 and 1996, he won the World Championship, the Clásica de San Sebastián, the Tour DuPont in 1995 and 1996, and a few stage races in Europe, such as stage 8 of the 1993 Tour de France and stage 18 of the 1995 Tour de France. In 1996, he was told he had advanced testicular cancer that could kill him. After he got better, he started the Lance Armstrong Foundation, which is now called the Livestrong Foundation, to help other people who have survived cancer.
Lance Armstrong Biography
| Real Name | Lance Armstrong |
|---|---|
| Lance Armstrong Age | 52 Years |
| Lance Armstrong Height | 5 Feet 10 Inch |
| Lance Armstrong Net Worth | $50 Million |
| Lance Armstrong Birthday | 18 September 1971 |
| Lance Armstrong Profession | Professional Road Racing Cyclist, Athlete |
| Lance Armstrong Birthplace | US |
| Zodiac Sign | Virgo |
| Lance Armstrong Nationality | American |
Lance Armstrong Net Worth
Lance Armstrong Net Worth in 2024: He is famous for riding his bike very quickly, and once rode the wave to a huge wealth. Even though it was bad that he lost the Tour de France titles because of doping accusations and then lost lucrative advertising deals, his net worth dropped from $125 million to $50 million. Armstrong was a symbol of great athleticism for almost a decade. He beat cancer and riding, becoming the first American to win many races in the 1990s. He temporarily retired in 1996 after being diagnosed with cancer, but he came back in 1998 and went on to win the Tour de France seven times by 2005.
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| Name | Lance Armstrong |
|---|---|
| Net Worth of Lance Armstrong | $50 Million (Approx.) |
| Lance Armstrong’s Monthly Income | $1 Million (Approx.) |
| Lance Armstrong’s Yearly Income | $10 Million (Approx.) |
| Lance Armstrong’s Net Worth in 2023 | $53 Million (Approx.) |
| Lance Armstrong’s Net Worth in 2022 | $51 Million (Approx.) |
Armstrong’s Cycling Career
During his riding career, Armstrong made a lot of money. He earned over $100 million in prize money, sponsorships, and endorsements. He won the Tour de France seven times from 1999 to 2005, making him incredibly wealthy and famous globally. But because of the doping incident, he lost both of his Tour de France titles and was banned from professional cycling, which cost him a lot of money.
Entrepreneurial Ventures and Investments
Armstrong has been involved in some business ventures despite the problems. A big part of his wealth comes from the early investments he made in successful tech startups like Uber and Spotify. He also started his own fitness and cycling business called WED¦, which shows how smart he is as an entrepreneur. These business efforts have been very important in improving his financial situation.
Real Estate Investments
Lance Armstrong has smartly invested in real estate. He now owns homes in Austin, Texas, and Aspen, Colorado. Notably, he bought a $12 million luxury house in the Austin, Texas, suburbs in 2020. He lives there now with his wife Anna Hansen and their two children. His real estate assets, which include mansions in the Bahamas, Spain, the South of France, and Texas, make up a big part of his total wealth.
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Lance Armstrong Family
| Name | Lance Armstrong |
|---|---|
| Lance Armstrong Father | Terry Keith Armstrong |
| Lance Armstrong Mother | Linda Armstrong Kelly |
| Lance Armstrong Brother | Larry Armstrong |
| Lance Armstrong Wife | Kristin Richard |
| Lance Armstrong Son | Luke Armstrong |
| Lance Armstrong Daughter | Grace Armstrong |
Lost Fortune
In an interview with Oprah Winfrey in January 2013, Lance admitted to doping. He said that the scandals and the loss of sponsorship deals could cost him $75 million in lost endorsements, legal settlements, and lawyer fees. If the case went to court, the US Federal government could have sued Lance for $100 million. Lance finally paid $5 million to end the case.
Lance Armstrong Social Media Accounts
| Social Media | Accounts |
|---|---|
| Lance Armstrong Instagram | Lance Armstrong |
| Lance Armstrong Facebook | Lance Armstrong |
| Lance Armstrong Twitter | Lance Armstrong |
| Lance Armstrong Youtube | N/A |
Conclusion
In conclusion, Lance Armstrong, a former professional cyclist, became famous all over the world by winning the Tour de France seven times. His career, on the other hand, went downhill after he was accused of drugs. He lost titles and big deals. Despite this, he has a net worth of about $50 million, thanks to early investments in tech startups and successful businesses like WED. Armstrong is also very wealthy because he has made smart investments in real estate, such as homes in Texas and Colorado. Despite facing financial problems, Armstrong still remains known for his cycling accomplishments and his resilience in battling cancer.
FAQs
Who is Lance Armstrong?
He is a famous American former professional road racing cyclist.
What is Lance Armstrong’s net worth?
$50 Million
What is Lance Armstrong’s Age?
52 Years
What is Lance Armstrong doing now?
charity work and business ventures
Where is Lance Armstrong now?
Currently, Armstrong promotes and supports charitable initiatives related to cancer