Lance Edward Armstrong is a former competitive cyclist, author, and public speaker from the United States. Lance Armstrong net worth is increasing, and he was at one time among the highest-earning athletes in the world.
Source: Instagram
Armstrong was the only rider to win seven Tour de France championships (1999–2005). Still, all of his titles were eventually removed when an inquiry found that he played a pivotal role in a wide-ranging doping conspiracy while accumulating his Tour triumphs.
Armstrong earned seven Tour de France wins while riding for the US Postal/Discovery team between 1998 and 2005. He raced with Team Radio Shack from 2010 to 2011 before retiring for the second time in 2011. Following the doping investigations, these victories and championships would be revoked.
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Lance Armstrong: Quick Facts
| Full Name | Lance Edward Armstrong |
| Nickname | Lance Armstrong |
| Date of Birth | 18th September 1971 |
| Birthplace | Texas, US |
| Age | 52 years old |
| Net Worth | $50 million |
| Father’s Name | Eddie Charles Gunderson and Terry Keith Armstrong (step-father) |
| Mother’s Name | Linda Gayle |
| Sister | Sonnie Michaela Gunderson |
| Brother | Larry Armstrong |
| Nationality | American |
| Ethnicity | White |
| Height | 5 feet 9 inches |
| Weight | 75 kg or 165 lbs |
| Body Measurements | Under Review |
| Eye Color | Blue |
| Body Type | Athletic |
| Hair Color | Dark Brown |
| Shoe Size | Under Review |
| Education | Bending Oaks High School |
| Religion | Christian |
| Sexuality | Straight |
| Marital Status | Married |
| Wife | Anna Hansen |
| Ex-spouse | Kristin Richard |
| Children | 5 |
| Children name | Luke Armstrong, Grace Elizabeth Armstrong, Isabelle Armstrong, Olivia Marie Armstrong, and Max Armstrong |
| Zodiac Sign | Virgo |
| Salary | Under Review |
| Social Media Presence | Instagram, Facebook, and Twitter |
| Last Updated | February 2023 |
Lance Armstrong Net Worth 2023 and Income
Lance Armstrong net worth in 2023 is $50 million. Armstrong’s net worth was $125 million at the height of his career, steadily increasing.
Lance at one point in time was one of the world’s highest-paid athletes, with annual earnings of up to $20 million from endorsements and prize money.
The cyclist earned around $15 million per year from speaking engagements, public appearance fees, and sponsorships for several years after retirement before his troubles burst.
Source: Autoweek
Lance estimated that the massive loss of endorsement deals due to the scandals might cost him $75 million in the matters of lost endorsements, legal settlements, and lawyer expenses when he admitted to doping in January 2013.
If the case had reached to trial, the US government might have sued Armstrong for $100 million. Lance eventually agreed to a $5 million settlement in the lawsuit.
Lance was purchasing Twitter stock through Chris Sacca’s VC business. The corporation has a private valuation of $120 billion as of December 2018.
According to a Bloomberg study, Lance’s Uber stake is only worth $30 million. After fees, it’ll probably be closer to $20 million. It’s still a fantastic return on a $100,000 investment.
Lance Armstrong Net Worth in the last five years
| Years | Net Worth (In USD) |
| 2023 | $50 million |
| 2022 | $50 million |
| 2021 | $47 million |
| 2020 | $44 million |
| 2019 | $41 million |
House Collection
Armstrong, his wife Anna Hansen, and their five children now reside in Aspen, Colorado.
Lance Armstrong net worth was chunked by $9.2 million on the roughly 6,000-square-foot home in 2008, when it was still being built, for a five-bedroom, six-bathroom residence. Lance is the proud owner of a GMC Yukon.
In 2018, Lance bought the 8,282 square feet of land and made the house on 3,011 square feet, which cost around $1.5 million. This mansion is located in West Austin.
However, the house was built in 1931 and featured four bedrooms and a detached guest house. In 2020, he sold it for $2 million.
The cyclist also purchased a home that was built in 1924. The mansion is in the Mediterranean style and is located close to a half-acre of land across the street from Pease Park in the historic Old Enfield neighborhood.
Additionally, the mansion has 8,158 square feet that feature significant living areas for families on the first floor, five bedrooms on the second floor, and seven full and one-half bathrooms.
Image Source: Instagram
The mansion’s third floor also has a large bedroom with a beautiful bathroom.
Talking about their compound the house has a large pool with a fountain and a separate pool house that was bought in 2018 and paid for $7.5 million.
Cars Collections
Did you ever think, Lance Armstrong net worth is not used for cars purchase? Well, you are wrong.
The cyclist has Nissan LEAF, first introduced in Japan and the United States. However, the car was awarded Green Car Vision Award in 2010, the European Car of the Year in 2011, and the 2011-2012 Car of the Year Japan. Likewise, the car price starts from $27,400.
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He also bought a GMC Yukon, which has a 5.3-liter V8 engine that generates 355 brake horsepower, and its price starts from $50,000. The car crashed into parked cars along with his girlfriend, Anna Hansen.
At that time, the athlete was a little drunk, which made him lose control of the car and banged on the parked cars.
Charity and Endorsements (Uber Investments)
Armstrong founded a foundation named Livestrong in Austin, Texas, in 1997. Fair to say a large sum of Lance Armstrong net worth is used for right cause. However, he helped raise over $500 million for cancer research, treatment, and support. Likewise, the donated $6.5 million personally.
He also provided funding to launch Wonders & Worries in 2001. It is a non-profit organization in Austin, Texas, that includes counseling and support for children with a parent with severe or life-threatening disease.
Source: Instagram
The cyclist owns a coffee shop in downtown Austin, Texas, named Juan Pelota Cafe. However, the American star also opens a bike shop in the same building named Mellow Johnny’s.
Lance said in December 2018 that his early investment in Uber saved his family financially over the previous five years. The cyclist invested $100,000 in Uber when the company was valued at $3.7 million.
However, he made the investment, had no idea what Uber was, and thought then. The American star was buying shares of Twitter through Chris Sacca’s venture capital firm.
Armstrong also bought several million dollars of stock in the American bicycle component manufacturer SRAM Corporation in 2008 and worked as a technical advisor. Additionally, he also owns a small share of Trek Bicycle Corporation.
Although, the company had a private valuation of $120 billion in December 2018. According to a Bloomberg investigation, the author’s investment was worth $30 million.
Lance Armstrong Movies
- Road to Paris (2001)
- Dodgeball: A True Underdog Story (2004)
- You, Me, and Dupree (2006)
- The Armstrong Lie (2013)
- Stop at Nothing- The Lance Armstrong Story 92014)
- The Program (2015)
- Tour de Pharmacy (2017)
- Lance (2020)
Awards and Nominations
- BBC Overseas Sports Personality of the Year Award 2003
- Honorary Doctorate of Human Letters, Tufts University 2006
- Laureus World Sports Award for the Sportsman, Comeback of the year (2003 and 2000)
- Laurens World Sports Award for the Sportsman of the Year Nominated (2002, 2004, 2005, 2006)
- Grand Prix Serge-Kampf de I’Academie des Sports (France, 2004) and more.
Lance Armstrong Steroids Controversy
Lance Armstrong is one of the biggest cycling legends in the world. But Lance Armstrong asteroid case was something to talk about. He was taken into account when the sports personality admitted to taking drugs before the test.
This event occurred on the Oprah Winfrey show when he admitted to taking performance-enhancing drugs. In further talks, Armstrong admitted that he used almost everything like EPO, Testosterone, Cortisone, and many others.
With the allegations of taking performance-enhancement drugs, things went from bad to worse. The Anti-doping agency quickly took off his seven Tour de Frances and the Olympic bronze medal he won in 2000.
Cancer Diagnosis, Treatment, and Recovery
Lance suffered from diagnosed with stage three (advanced) testicular cancer on 2nd October 1996. However, cancer had spread to his lymph nodes, lungs, brain, and abdomen.
At that time, he visited urologist Jim Reeves in Austin, Texas, to diagnose his symptoms such as headache, blurred vision, coughing up blood, and swollen testicle.
Source: Zimbio
In the interview, Reeves said there were only 20-50% chances of survival. Armstrong went to Vanderbilt University after receiving a letter from Steven Wolff.
On 13th December 1996, his final chemotherapy had done. After the last chemotherapy, the cyclist joined the first training camp at Lile. Eventually, the American star was started cancer-free in February 1997.
At the same time, a former boss at Subaru Montgomery offered him a contract with the US Postal team at a salary of $200,000 per year. Later, he was engaged in serious training for racing and moved to Europe with the team by January 1998.
Lance Armstrong Age, Height, and Weight
Lance Armstrong was born on 18th September 1971. Similarly, Lance Armstrong age is 52 years old. He is born under the zodiac sign of Virgo.
Armstrong’s ancestors are from Canada, the Netherlands, and Norway. Lance is an American citizen who practices Christianity. He has a straight sexual orientation.
Lance has a defined jawline, sharp features, and thin lips that make him stand out. The cyclist has a physique that is similar to that of an athlete.
Lance was a handsome young man in his day. Without a doubt Lance Armstrong height is 5 ft 9.5 in (176.5 cm), the ideal height for a cyclist. Lance is a 75 kg (165.5 lbs.) man.
Armstrong’s seven straight Tour de France victories from 1999 through 2005 and his reputation as a cancer survivor cemented his place as one of the most renowned and beloved sportspeople outside of professional sports.
Image Source: Instagram
Armstrong’s shoe size and physique measurements are not available on the internet. Lance’s eyes are a beautiful blue color, and his hair is a dark brown tone. He wears his hair short and has a distinct style.
Lance Armstrong Instagram
Lance is active on social media platforms such as Instagram and Twitter. He interacts with his fans by posting photos and videos on these platforms.
Instagram- 431k followers
Twitter- 3 million followers
Facebook: 2 million followers
Interesting Facts about Lance Armstrong
- Lance is 50 years old as of now.
- Lance Armstrong net worth is $50 million as of 2023.
- Lance was named after Lance Rentzel, an American football wide receiver for the Dallas Cowboys.
- Edward Gunderson, Lance’s biological father, has never seen him and has never indicated an interest in visiting him.
- Armstrong’s parents split when he was two years old in 1973.
- Before joining the Motorola cycling team in 1992, Lance competed in triathlons.
- Lance’s Enjoy STRONG wristbands were designed to raise money for cancer research and awareness while also urging individuals to live life to the fullest.
- Lance’s heart is one-third the size of the average.
- Ben Foster played him in The Program, a biographical drama film about him (2015).
Frequently Asked Questions
What is the net worth of Lance Armstrong?
Lance Armstrong net worth is $50 million as of 2023.
Why did Lance Armstrong change his name?
When his mother divorced his biological father, his step-father Terry Armstrong changed his last name at 15.
What does Lance Armstrong do now?
He willfully owns a coffee shop and a bike shop in Austin, Texas.
How old was Lance Armstrong when he got cancer?
Lance was 25 years old when he was diagnosed with stage three testicular cancer on 2nd October 1996.
