Lance Armstrong Net Worth Facts to know! [2023]

Lance Armstrong is an American former professional road racing cyclist. He is best known for winning the Tour de France a record seven times and for his battle with cancer. In 2002, Lance Armstrong was diagnosed with testicular cancer and after successful treatment, he resumed his cycling career. Between 1999 and 2005, Lance Armstrong won six consecutive Tour de France titles. In 2012, Lance Armstrong was stripped of all seven of his Tour de France titles after being found guilty of doping by the United States Anti-Doping Agency (USADA). Let’s take a look in detail.

About Lance Armstrong

Lance Armstrong Net Worth$50 million
Full nameLance Edward Armstrong
NicknameLe Boss
Big Tex
BornLance Edward Gunderson

September 18, 1971 (age 51)

Richardson, Texas, U.S.

Team DisciplineRoad
Rider typeAll-rounder
Height5′ 10″
Weight75 Kg

Lance Armstrong Early Life and Education

Lance Edward Armstrong was born on September 18, 1971 in Plano, Texas. From an early age he showed a passion for sports and riding bicycles. He was particularly inspired by American cyclist Greg LeMond and decided to pursue cycling as a career when he was 12 years old. Lance attended the University of Texas at Austin, where he studied for two years before dropping out to focus on his professional cycling career.

Lance Armstrong Net Worth

Armstrong is an American professional cyclist who, as of 2023, has a net worth of $50 million. He earned much of his wealth from his cycling career, where he won the Tour de France seven times consecutively from 1999 to 2005. Other sources of income for Lance include endorsement deals.

Lance Armstrong Career Highlights and Achievements

Lance had his first professional win in 1993 with the U.S. National Cycling Championships. He also won the Tour Du Pont that same year, which made him the youngest rider ever to claim victory in a major race at 21 years old. In 1995 he signed with Team Motorola, and three years later he had his first Tour de France victory. Armstrong went on to have an incredible string of victories, winning the Tour de France a record seven times consecutively from 1999-2005. In 2012 Lance was stripped of his titles due to doping allegations.

In addition to cycling, Lance also has a successful business career and has invested in several companies over the years. He is currently involved with several ventures such as WEDU Sports, FRS Healthy Energy Drinks, Trek Bikes, and The Aspen Institute.

Lance Armstrong’s Personal Life

As of 2023, Lance Armstrong is the proud father of five children. The first three are from his previous marriage to Kristin Richard, which ended in 2003 after a brief separation. His fourth child was born in 2009 with former girlfriend Anna Hansen and his fifth with fiancee Anne-Sophie Malingreau.

Although Armstrong is known for his impressive athletic career, he also enjoys spending time outdoors – particularly biking, skiing and playing golf. He often spends quality time on the beach or out in nature whenever he can make time away from work or family obligations. Armstrong volunteers with various charities including the Livestrong Foundation and works to raise money for those affected by cancer.

Armstrong has authored several books detailing his life with cancer and his achievements as an athlete. He is also a spokesman for the fight against cancer, using his platform to help raise awareness about the cause and spread hope for patients and their families. In addition to this work, he was appointed by President Obama to serve on the White House Council on Fitness, Sports and Nutrition from 2010-2013.

Charity Work by Lance Armstrong

In addition to his athletic success, Lance Armstrong is also known for his charitable endeavors. He created the Lance Armstrong Foundation (now the Livestrong Foundation) in 1997 with the mission of inspiring and empowering people affected by cancer. The foundation has provided over $600 million in grants to cancer programs around the world and continues to offer online cancer support resources.

Armstrong’s personal commitment to philanthropy has been recognized internationally. In 2001, he was named an honorary member of Congress by US House Speaker Dennis Hastert for his outstanding charitable work with survivors of cancer and their families.

He was presented with an award from Queen Elizabeth II in 2003 for services to charity, as well as receiving a lifetime achievement award from President Obama in 2008. Armstrong has also served as a Goodwill Ambassador for the UN, and is an active member of the One Day Closer Foundation, which provides support to children with cancer and their families.

Final Thoughts

Overall, Lance Armstrong has achieved great success in his professional career as well as in his personal life. With more than 25 years of experience in professional cycling under his belt, he stands out among other athletes who have overcome adversity – whether it be illness or injury – to continue achieving greatness. His hard work and dedication have paid off both financially and emotionally, giving him an estimated net worth of nearly $90 million and a legacy that will continue to inspire generations.

Frequently Asked Questions about Lance Armstrong

What are some of Lance Armstrong’s greatest achievements?

One of Lance Armstrong’s greatest achievements was winning the Tour de France seven times, the first cyclist to do so. He also holds the record for most consecutive Tour de France wins and his name is firmly entrenched in world cycling history books.

What is Lance Armstrong’s current relationship status?

As of 2023, Lance Armstrong is single and not currently romantically involved with anyone. However, he was previously married to Kristin Richard from 1998 – 2003 and Anna Hansen from 2008 – 2010. He has five children from previous relationships.

Where does Lance Armstrong live?

Lance Armstrong currently resides in Austin, Texas with his family. He spends much of his time traveling around the world attending events related to cycling and other charity work he is involved in.

What is Lance Armstrong net worth?

As of 2023, Lance Armstrong net worth stands at an estimated $50 million. This figure comes from a combination of his career earnings, endorsement deals and other investments.

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