Hi there! explore American cyclist Lance Armstrong net worth at Gift-Nifty. Lance Edward Armstrong was born on September 18, 1971, in the United States. He used to race bikes professionally. Before he won the Tour de France seven times in a row from 1999 to 2005, he was known all over the world for other things. This article talks about Lance Armstrong’s age, job, net worth, and other things.
Lance Armstrong
Lance Armstrong was born on September 18, 1971. He is an American who used to race bikes professionally. The Tour de France was his big break when he won it a record seven times in a row, from 1999 to 2005. In the Lance Armstrong doping case, which looked into doping reports, it was found that he had used drugs to improve his performance during his career. And he lost all of his titles. He is now formally banned from all bike events for the rest of his life.
Armstrong has been doing triathlons since he was sixteen years old. His wins in the national sprint-course triathlon title in 1989 and 1990 were impressive. In 1992, he got his first paid job as a rider with the Motorola team. His wins include the World Championship in 1993 and 1996, the Clásica de San Sebastián, the Tour DuPont in 1995 and 1996, and a few European stage races, such as stage 8 of the 1993 Tour de France and stage 18 of the 1995 Tour de France. His doctors told him in 1996 that he had severe testicular cancer that could kill him. The Lance Armstrong Foundation, now called the Livestrong Foundation, was started by him after he got better at helping other people who have gone through cancer.
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 fast and once became very rich by riding a wave. Even though it was bad that he lost the Tour de France titles and then bad advertising deals that made him a lot of money, his net worth dropped from $125 million to $50 million. Armstrong was a sign of great speed for more than ten years. He beat cancer and won many races as a cyclist, making him the first American to do so in the 1990s. He took a short break from cycling in 1996 after being told he had cancer, but he came back in 1998 and went on to win the Tour de France seven times by 2005.
| 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.) |
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Armstrong’s Cycling Career
Armstrong made a lot of money while he was riding. He won prizes, got sponsors, and got contracts worth more than $100 million. From 1999 to 2005, he won the Tour de France seven times, which made him very rich and famous all over the world. Because of the doping case, he lost both of his Tour de France wins and was not allowed to ride professionally again, which cost him a lot of money.
Entrepreneurial Ventures and Investments
Armstrong has been involved in some business projects, even though they have had problems. He got a lot of his money from early bets he made in tech companies like Uber and Spotify that went on to be big hits. He is also a very smart businessman because he started his own exercise and cycling company called WED. His attempts in business have been very helpful in making his money situation better.
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Armstrong’s Real Estate Investments
Lance Armstrong has made a smart investment in a house. A house in Austin, Texas, and one in Aspen, Colorado are now his. In 2020, he bought a fancy house in the suburbs of Austin, Texas, for $12 million. He now lives there with his wife Anna Hansen and their two kids. A big part of his wealth comes from the homes he owns, such as houses in the Bahamas, Spain, the South of France, and Texas.
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
Lance said he did drugs in an interview with Oprah Winfrey in January 2013. He said the scandals and the loss of business deals could cost him $75 million in fines, lost endorsements, and lawyer fees. The US government could have sued Lance for $100 million if the case went to court. Lance paid $5 million to end the case for good.
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, who used to be a professional cyclist, won the Tour de France seven times and became popular all over the world. On the other hand, his success went downhill after he was charged with drugs. He lost a lot of important things. Still, he has a net worth of about $50 million because he invested early in tech startups and in businesses that did well, like WED. Armstrong is also very rich because he bought homes in Texas and Colorado and paid for them with smart money. Armstrong is still known for his cycling achievements and his strength in the face of cancer, even though he is having money troubles.
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\