Lance Armstrong is a former professional cyclist from America who is the winner of seven Tour de France titles. He has won several other titles including the professional world championship of 1993. In 2012, Armstrong was banned by the Olympic Council for doping offences. He started competing in competitions from a very young age and was the triathlon champion of 1989 and 1990. He has also appeared in films and documentaries. Now let’s have a close look at Lance Armstrong’s net worth in 2018.
Lance Edward Armstrong was born as Lance Edward Gunderson in Plano, Texas on September 18, 1971, to his parents Eddie Charles Gunderson and Linda Gayle. He was adopted by his stepfather Terry Keith Armstrong.
He went to Plano East Senior High School and used to swim. He was the number one triathlete in the under-19 group in 1987-88.
In 1998, Lance Armstrong married Kristin Richard. They have three children together, and he had the children after his sperm was stored. They divorced in 2003. He was also engaged with Sheryl Crow and has dated Tory Burch. He has also got children with Anna Hansen.
In 1996, Armstrong was diagnosed with testicular cancer. Later his testicle was removed and also underwent chemotherapy. He was charged with doping, to which he denied in 2013. He has been a subject of many investigations following the charge of doping by the USADA.
Lance Armstrong turned professional in 1992 and participated in the Motorola Cycling Team. His breakthrough victory came in Norway’s World Road Race Championship in 1993. In the same year, he won the Thrift Drug Classic.
In 1996, he won the La Flèche Wallonne. He finished 6th at the 1996 Summer Olympics. Armstrong then returned from his testicular cancer and won the Tour de France in 1999. Following his victory, he started to have a rivalry with Jan Ullrich. He announced to retire after the 2005 Tour de France.
In September 2008, he announced to return to professional cycling by participating in the 2009 Tour de France. In January 2009, Armstrong competed in the UCI Tour Down Under. He was a part of team Astana and finished at third in the Tour de France 2009.
He was sponsored by Team RadioShack in 2009. He retired from competitive cycling in February 2011, when he was under the allegations of doping. He has also collaborated with many sponsors like Oakley, Nike, AMD, Giro, Sram, and Shimano.
Awards & Achievements
Lance Armstrong has been named four times as the Sportsman of the Year by the U.S. Olympic Committee. He is the winner of the Jesse Owens International Trophy of 2000. He has also been named Male Athlete of the Year by Associated Press. In 2000, he won the Prince of Asturias Award. In 1999, he was conferred with the Mendrisio d’Or Award and was the 2001 Samuel S. Beard Award winner. He has also won ESPY Awards and many other awards.
Net Worth of Lance Armstrong
Lance Armstrong’s estimated net worth is more than $125 million. He accumulated this wealth by participating in many competitive tournaments in his career. He has won many events and has worked for many sponsors.
Additionally, he owns homes in Texas Hill County, Aspen, and Austin. He also owns coffee shops and has funded in launching Wonders & Worries. He has got stocks worth millions from SRAM Corporation. Lance Armstrong has also appeared in many films and documentaries.
Lance Armstrong is one of the most renowned cyclists in the world. He is a record seven-time winner of Tour de France. He has won several accolades and has also represented his country in international events. His popularity also made him appear in films. He is the founder of the Lance Armstrong Foundation.