Lance Armstrong Net Worth

Who is Lance Armstrong and what is his net worth 2018? Lance Armstrong is a former road racing cyclist who has won the ‘Tour de France’ seven consecutive times. He is the professional world champion of 1993. He began his career as a cyclist with Motorola team. He has won numerous titles in his career and has also won a bronze medal at the 2000 Olympic Games in Sydney, Australia. He is the founder of Livestrong Foundation, which helps to assist cancer survivors. He has been the focus of doping allegations and has got a lifetime ban from all sporting activities following the rule of World Anti-Doping Code in 2012.

Lance Edward Armstrong was born on September 18, 1971, in Plano, Texas. He was born as Lance Edward Gunderson to parents Eddie Charles Gunderson and Linda Gayle. His father worked as a route manager in ‘The Dallas Morning News’ and his mother was a secretary. In 1973, his parents got divorced when he was two years old. His mother then got married to Terry Keith Armstrong and was adopted by Armstrong.

Lance Armstrong Net Worth

His biological father died in 2012. At 12, Lance was a swimmer and used to swim at City of Plano Swim Club. In 1987-88, he became #1 triathlete in the under 19 group. His total points were better than amateur professionals. At the age of 17, he won the national sprint-course triathlon championship in 1989 and 1990.

Lance Armstrong married Kristin Richard in May 1998. They have three children together and the children were born after storing his sperm three years before. In 2003 the couple got divorced. He then began dating singer Cheryl Crow and got engaged in September 2005. 5 months later they split up. In 2007, he dated Tory Burch and then he dated Anna Hansen. The couple has two children together and was born in a natural way. He owns homes in Aspen and Austin and also has a ranch in the Texas Hill Country.

In 1992, Lance Armstrong joined the Motorola Cycling Team and a year later he won the World Road Race Championship in Norway. In the same year, he reached at stage 8 of the Tour de France. In 1994, he was the winner of Thrift Drug Classic. He was diagnosed with testicular cancer in October 1996. Finishing cancer treatment, he participated in the 1999 Tour de France and won it.

In 2005, he won his record seventh consecutive Tour de France and announced his retirement. In September 2008, he announced that he will be returning to pro cycling again and in April 2009 he competed in the Tour of the Gila in New Mexico. In 2010, he finished 25th at the Tour Down Under and 7th at the Vuelta a Murcia. He finished at 23rd place in the Tour de France 2010 which was his last tour on the French soil. Armstrong competed in the 2011 Tour Down Under and announced his retirement in February 2011.

Lance Armstrong has won many accolades in his career. He has won the USOC Sportsman of the Year 4 times and was named as the World’s Most Outstanding Athlete Award in 2000. He has won 6 ESPY Awards and was named as Sportsman of the Year 2002 by Sports Illustrated magazine. He has also won the AP Male Athlete of the Year from 2002 to 2005.

Lance Armstrong Net Worth

Lance Armstrong has won several career titles. He won his first title at the 1991 National Junior Road Championships. Apart from winning, he has also given best finishes in several world championships. He has been conferred with several accolades. Lance Armstrong’s net worth is an estimated $60 million. Part of this income also comes by venturing into other businesses.

Armstrong owns a coffee shop “Juan Pelota Cafe” in Austin. He is also the owner of the bike shop called “Mellow Johnny’s”. In 2008, he bought stocks worth several million from SRAM Corporation. He has also served as the technical adviser of SRAM Corporation. He owns another share at Trek Bicycle Corporation.

Lance Armstrong has also appeared in several documentaries and has given a cameo appearance in a few films. In 2004, he was conferred with the Marca Legend Award by Marca.