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Lance Armstrong

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Lance Armstrong

Lance Armstrong Net Worth is $50 Million

Forbes

Therichest

$125 million

Celebritynetworth

$50 million

Justrichest

$125 million

Moneynation

Lance Armstrong net worth

Nicknames: Lance Edward Armstrong, Le Boss

Date of birth: the 18th of September, 1971

Profession: road racing cyclist, athlete

Nationality: United States of America

Source of wealth: cycling

The story of Lance Armstrong is not just about talent and professional success, but also about struggle, disasters and drug scandals. Some sources estimate his net worth as $125 million. But according to the other source, now his net worth is just $50 million. Lance lost the major part of his money because of doping scandal. He told about his financial loss to Oprah Winfrey in 2013.

Before it was discovered that Lance Armstrong used performance-enhancing drugs, he was earning $20 million per year (estimated by Celebritynetworth). He got such a salary from his wins in competitions and besides Lance endorsed various brands. He lost about $75 million (estimated by himself in his interview to Oprah), when his professional reputation was destroyed.

Lance Armstrong was born in a family of 17 year old mother and a father, whom now the star athlete calls “the DNA donor”. His father left the family, when Lance was a baby and he lost any connections with his son since then.

The teenager Armstrong was a talented athlete and it was noticeable at first sight. He tried various kinds of sports, but finally chose cycling. Lance felt, that it was his cup of tea, when he won the US amateur cycling championship at the age of 20. A year later he had become a professional road cyclist and started to save his multimillion net worth.

During the years of his career Lance won seven Tour de France races. He was diagnosed with testicular cancer and managed to win this battle too. But he lost major part of his net worth in 2012, when it was proved, that Lance used dopes. He was stripped from his honors and now the ex-sport star’s earnings keep decreasing. 

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