Lance Armstrong net worth originates from professional road cycling. He is an American former professional road racing bicycle cyclist.
The Estimated Lance Armstrong Net Worth
Lance Armstrong net worth is approximated to be $50 million according to Celebrity Net Worth. The value is linked to prize money and brand endorsements during his career.
Career Summary of Lance Armstrong
Cycling
To start off, he was placed as the number one triathlete in the 19-and-under group at the 1987/1988 USA Triathlon.
Afterwards, he became the national spirit-course triathlon champion in both 1989 and 1990. In addition to this, he won the 1990 US Amateur Championships.
Eventually, he turned professional in 1992 and cycled for the Motorola Cycling Team.
Later on he won both the 1993 and 1995 Tour de France. In June 1998, he won the Tour of Luxembourg.
Afterwards, he cycled for the US Postal Service team. He won the July 2000, 2001, 2002, 2004 and 2005 Tour de France.
After the 2005 win, he announced his retirement but in September 2008 went back to competitive racing.
In the 2009 Tour de France, he finished in third place. Again he retired from competitive racing officially in 2011 and began competing in triathlons.
The following year, he was stripped of all his titles after The U.S. Anti-Doping Agency (USADA) concluded that Lance Armstrong had used performance-enhancing drugs throughout his career.
Cycling Career Recognitions and Awards
He set the record as the second American to win the Tour de France and the first to win for an American team. Moreover, he has won numerous awards and accolades throughout his road racing cycling career.
Career Brand Endorsements
During his road racing cycling career, he had brand deals with Nike for selling Livestrong bracelets, Oakley sunglasses, Trek bikes and others.
Documentaries
The road racing cyclist has been featured in the following documentaries, 30 for 30: Lance documentary in 2020, Stop at Nothing: The Lance Armstrong Story in 2014, The Armstrong Lie in 2013 and Road to Paris in 2001 respectively.
Books
Lance Armstrong has written and published:
Every Second Counts in 2003 with Sally Jenkins.
It’s Not About the Bike: My Journey Back to Life in 2001 with Sally Jenkins.
Podcasts
In 2017, he unveiled The Move podcast which covered the 2019 Tour de France. It also focusses on spectacular races.
The other podcast is The Forward, where he holds conversations with famous personalities.
Personal Initiatives
He started the Lance Armstrong Foundation to campaign for cancer awareness and help fund cancer research. The foundation’s name later changed to Livestrong Foundation.
Additionally, he is the founder of Next Ventures and WeDu organizations.
Final Thoughts on Lance Armstrong Net Worth
Lance Armstrong’s net worth has suffered losses from admission of using performance-enhancing drugs throughout his career, leading to a lifetime ban from professional cycling and the loss of his Tour titles. Since then, he has shifted his focus to personal business ventures.
