Lance Armstrong Net Worth

Lance Armstrong Net Worth, Age, Biography and Personal Life

Introduction About Lance Armstrong

How it must be to have everything one day- name, fame, money, and nothing the other!? I guess it must have been more heartbreaking for the fans of Lance Armstrong than himself, when the seven consecutive times winner of the Tour de France admitted to doping, throughout his career.

And for those whose lives had not been touched by this famous personality, Lance Armstrong before his scandal, was known as a hero who fought bravely with cancer, came back to compete in Tour de France and won it. 

It’s truly a regretful story, of a man who had so much potential but he cheated his way through to get it all. But everything that’s borrowed, not earned, must one day be returned.

Net Worth & Salary of Lance Armstrong in 2022

As of 2022, the net worth of Lance Armstrong is $50 Million. He used to be the owner of a far larger fortune during his peak years. It is estimated that he had $125 Million before the doping controversy tarnished his reputation. 

He used to get endorsements and prize money and thus easily earn up to $20+ per year, ranking one of the highest-earning athletes of all time. He also used to get speaking engagements and other such appearance fees at events. 

After his scandal was exposed he lost all his major sponsors including Nike, Oakley, Trek, and Anheuser Busch, and lost a hefty sum of money. Currently, he has investments in Uber which has earned him back quite a fortune, although he refuses to disclose the sum. 

Age, Early Life & Biography of Lance Armstrong

As of 2022, Lance Armstrong is 50 years old. 

He was born on September 18, 1971, in Richardson, Texas, U.S.A. He is a single child. His parents are Linda Gayle and Eddie Charles Gunderson, both of whom did not belong to the field of sports.

Armstrong was only 2 years old when his parents divorced. After divorce, his mother married a salesman named Terry Keith Armstrong, who adopted him. 

He has always been athletic and used to participate in running and swimming at first. He soon realized that he was fit for cycling the most. His talents were recognized by the U.S. Olympic development team and so he decided to train with them, leaving high school temporarily. 

It is a big achievement to become a professional triathlete at the young age of 16. He then continued his professional career, overcoming challenges. 

Unfortunately, in the year 1996, he had to put everything on pause for the sake of his health. He was suffering from testicular cancer. 

After battling cancer and recovering, he decided to give back to society. Hence he founded the Lance Armstrong Foundation, which is currently known as the Livestrong Foundation. This foundation assists other cancer patients in their journey of battling their disease.

Lance Armstrong
Lance Armstrong Net Worth, Age, Biography and Personal Life
Name:Lance Armstrong
Age:50 years old
Birth Date:18 September 1971
Birth Place:Richardson, Texas, U.S.
Height:1.77 m
Sexual Orientation:Straight
Marital Status:Divorced
Wife/Spouse (Name):Kristin Richard (ex-wife)
Children/Kids (Son and Daughter):Luke, Olivia Marie, Isabelle, Max, and Grace Armstrong.
Dating/Girlfriend (Name):Anna Hansen
Profession:Professional Road Racing Cyclist, Athlete
Yearly Income:Estimated to be around $4 million
Net Worth in 2022$50 Million
Content Last Updated:June 2022

Personal Life of Lance Armstrong

Lance Armstrong has married once in his life and has had two girlfriends after his divorce. He currently has five children- a son and twin daughters from his marriage, and a son and a daughter from his current partner.

He was first married to Kristin Richard. They were married from 1998 to 2003. Due to Armstrong’s chemotherapy, it’d have been difficult for him to father children. Therefore, he planned artificial insemination three years prior to his chemotherapy treatment. Today they have three healthy children.

He then dated singer-songwriter Sheryl Crow with whom he was engaged for a year but then they split up.

He is currently dating Anna Hansen. It can be said that they have been a couple for a long time now. Although they haven’t married, they’ve led a happy life with their two children.

Career of Lance Armstrong

Armstrong started his athletic career by swimming when he was 12 years old. He started participating in Triathlon competitions at the age of 13. From an early age, he showed signs that he was gifted at this. Even as an amateur, he ranked higher than his competitors who were professionals.

This does not mean he has always won every race he competed at. There were times he’d give an average performance. One of his most impressive characteristics is his positive attitude. As an Olympic cyclist, he has seen many ups and downs.

It was in the year 1993 that Armstrong won his most important race ever. This was the World Road Race Championship in Oslo, Norway. He had to cover 161 miles in one day!! He was then the leader of the Motorola team and did his best to make his team win despite terrible weather conditions and injuries. He was the youngest person ever to win that.

Throughout his career, he has broken and set several records. The biggest setback in his career and life would be battling cancer. He was diagnosed with testicular cancer which had advanced. Later, doctors found a tumor in his brain as well. His survival then hit the lowest of 40% chance.

His recovery is a miracle. After surgeries and chemotherapy, he was declared cancer-free in February 1997. He never lost faith in himself and always believed that he’d be able to cycle again.

He came back to professional competitions and went on a winning streak. But there were always suspicions surrounding his wins after his recovery. These suspicions snowballed into legal cases until 2012 when Armstrong decided to stop fighting “for the sake of his family, foundation and himself”. 

He was then stripped of all his wins from 1999 to 2005. Additionally, he was banned from cycling for life.

Awards & Achievements of Lance Armstrong

Lance Armstrong formerly held the title of seven times consecutive winner of the Tour de France from the year 1995 to 2005. Sadly his actions led him to be stripped of those medals and titles.

He has won other races too but it can never be known if there was any race he won, that was without registering steroids drugs in his body.

Major Investments and Assets of Lance Armstrong

His biggest investment to date would probably be his investment in Uber. This is a pretty funny story actually since he didn’t know what Uber was when he invested in it. 

It is estimated that Armstrong reaped $30 million from his early investment of $100,000. Apart from this, currently, no other investments are known to the public.

Armstrong owns two houses- one in Texas and one in Colorado. He also owns a ranch in the Texas Hill Country.

Must Watch Latest Video and Trending Photographs of Lance Armstrong

This video by Brut America shows Lance’s Life in 10 minutes.

Instagram Handle of Lance Armstrong

Twitter Handle of Lance Armstrong

Leave a Comment

Your email address will not be published. Required fields are marked *