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Lance Armstrong Net Worth

Lance Armstrong is an American professional cyclist. He was born in the suburbs of Dallas, Texas on the 18th of September, 1971. He began his career as a triathlete at 13, but later decided to turn to professional cycling.

Lance Armstrong Net Worth - $125 Million

Birth Name - Lance Edward Armstrong [AKA: Le Boss, Big Tex]
Date of birth - September 18, 1971
Zodiac Sign - Virgo
Birth Place - Plano, Texas, U.S.
Nationality - American
Height - 5′ 10″
Profession - Professional Road Racing Cyclist

He started training and, soon after, he obtained positive results in major national and international competitions, placing 11th at the World Championship Road Race. He then decided to go professional and signed a contract with the Motorola cycling team after the 1992 Olympics (where he placed 14th in the race).

Beginning with 1993, Armstrong’s career followed an ascending path. He was the runner-up in the Tour DuPont competition and, even if he pulled out of cycling’s greatest competition, Tour de France, he managed to secure good positions and winnings in both national and international competitions, such as the World Road Race Championship in Oslo, which he won. In 1996, he managed to finally win the Tour DuPont race for the first time.

But, later that year, his competitive level dwindled. He only came 12th at the Olympics in Atlanta and withdrew from the Tour de France competition. At the end of the same year, Armstrong was diagnosed with testicular cancer and another tumor was found in his brain. He began chemotherapy and underwent surgery to have the brain tumor removed. Luckily, he managed to overcome cancer and, more than that, he returned to competition in 1998.

Cycling professionals did not believe in this return, but the Postal Service cycling team offered him a contract, so he was able to return to his favorite sport. In 1999, he won his first Tour de France competition, although the winning came in the context of notable absences of great cycling names like Alex Zülle and Marco Pantani. But Armstrong proved himself in the years to follow as well. He won the Tour de France competition seven times consecutively from 1999 to 2005.

However, some people doubted his unexpected comeback and, in 2004, journalist David Walsh published a co-authored book (with Pierre Ballester), “L.A. Confidential: The Secrets of Lance Armstrong:, where he asserted that Armstrong used doping substances. The book, as well as testimonies from Armstrong’s team colleagues, like the one of Floyd Landis, finally led to an official inquiry and, at the end of it, Armstrong was stripped off of his seven Tour de France titles, and banned from cycling.

Armstrong did not admit these allegations until 2013, when he publicly declared that he had used performance-enhancing substances through most of his career as a cyclist. He came back to competitive area in the last years and came third in the 2009 Tour de France, racing for no money and paying for all his expenses.

Even if his career took a major hit, financially, Armstrong is not doing that bad. Still participating in smaller competitions and having gained substantial amounts of money in the past, allows him to maintain a secure financial state.  Lance Armstrong net worth is approximated at $125 million.

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