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Lance Armstrong Net Worth, Early Life, and Career

Lance Armstrong is an influential sportsperson in the United States. He became famous for his unique cycling skills. Today, we will discover the facts behind Lance Armstrong net worth, early life, and career.

Who is Lance Armstrong?

American cyclist Lance Armstrong competed in road racing. He gained worldwide recognition by winning the Tour de France for seven consecutive times from 1999 to 2005.

Lance became a national sprint-course triathlon champion in 1989 and 1990. Later, in 1993, he joined the Motorola Cycling Team and began his professional cycling career.

Lance received a lifetime ban from all sports that follow the World Anti-Doping Code for using performance-enhancing drugs. This ends his competitive cycling career. In 2018, he publically admitted his involvement in doping.

Short Bio of Lance Armstrong

Full Name Lance Edward Armstrong
Birthdate September 18, 1971 (age 52)
Birthplace Richardson, Texas, U.S.
Height 5 ft 10 in (1.77 m)
Nationality American
Profession Professional cyclist
Social Media Twitter
Net Worth $50 million

Lance Armstrong Net Worth

Lance Armstrong’s net worth in 2024 is estimated to be 50 million U.S. dollars. Being a successful road racing cyclist is the main reason behind this massive net worth. He participated in many tournaments and ranked at the top in most of them.

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Lance Armstrong Net Worth

Besides these, Lance also appeared in several hit films and popular television shows. Lance’s various career activities significantly impacted his financial status.

Early Life

Lance Armstrong was born in Richardson, Texas. Later, he moved to Oak Cliff, Texas, with his mother, Linda Armstrong Kelly. Lance was named after his stepfather, Lance Rentzel, a Dallas Cowboys wide receiver. Later, they got divorced in 1973.

Lance graduated from Plano East Senior High School. After graduation, he pursued a competitive cycling career.

Sources Behind Lance Armstrong Net Worth

Professional Career (1990 to 2000)

In 1990, Lance participated in the Tour of Sweden. It was his first major tournament. The race was for six days, and Lance finished in 8th position. In the following year, Lance got his enormous success by winning the  1991 Road Race tournament. He placed first at the finish of the race.

In 1992, Lance earned worldwide recognition. He participated in seven tournaments, winning five of them. At first, he participated in the 1992 Fitchburg Longsjo Classic Championship and won the tournament.

Later, he won four other championship tournaments. Those are Union Grand Prix, Settimana Bergamasca, Vuelta a Galicia, and Trittico Premondiale Championship.

In addition to this, Lance also participated in the Züri-Metzgete and Coppa Bernocchi Championships, where he finished in 2nd and 8th position, respectively.

Later, in 1993, Lance gained international success by winning major tournaments seven consecutive times in a single year. First, he participated in the 1993 UCI Road World Championships and finished the race in 1st position.

Later, he participated in six other tournaments: National Road Championships, Overall Kmart West Virginia Classic, Overall Tour of America, Trofeo Laigueglia, Thrift Drug Classic, and Tour de France. Lance finished all of those races in 1st position.

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In the same year, Lance also participated in four other championship tournaments, where he finished in at least 10.

Professional Career (2000 to 2012)

Because of Lance’s previous successful records, he became an influential and highly decorated cyclist in sports entertainment. As a result, he got a chance to participate in many crucial championship tournaments.

In 1995, Lance participated in 10 championship games and finished 1st eight of them. From 1996 to 1998, Lance completed several major tournaments, finishing 1st position. After this, he took a break from cycling and returned in 2011.

After completing the 2012 Triathlon & Ironman Championship, he received a lifetime ban from all sports for using performance-enhancing drugs. Lance won a lot of tournaments in his entire professional career and received a massive amount of cash prizes for every winning game.

Films

Lance made his film debut by appearing in the documentary film Road to Paris in 2001. Later, he made a cameo appearance in the sports comedy film Dodgeball: A True Underdog Story (2004). This film gained massive recognition and earned $168.4 million at the box office.

Lance gained another film success by appearing in the romantic comedy film You, Me and Dupree in 2006. The film went viral worldwide and hit the box office with $130.4 million.

Lance Armstrong Net Worth

Lance got his starring role in the documentary film The Armstrong Lie in 2013. This film became very popular and earned $428,795 at the box office.

With these successful records, Lance appeared in several other box-office hit films, such as Stop at Nothing, The Program, and Tour de Pharmacy. All of Lance’s films succeeded, and he was paid a lot for every film.

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Books

Lance wrote his first book, It’s Not About the Bike, and published it through the Yellow Jersey Press Publications in 2001. This Autobiographical book became very popular soon after its release.

With this success, he released his second book, Every Second Counts, in 2003. The Broadway Books Publication published this book, and it also earned colossal recognition.

All of Lance’s books became popular and made a lot of sales. As an author, Lance got a portion of the profit from those book sales.

Awards and Achievements

  • Sportsman of the Year
  • World’s Most Outstanding Athlete Award
  • Prince of Asturias Award
  • ESPY Award for Best Male Athlete
  • Favorite Athlete award

Personal Life

Lance Armstrong married Kristin Richard on May 1, 1998. The couple welcomed their first child, a son, in October 1999, and in November 2001, they welcomed their twin daughters. Lance and Kristin got divorced in 2003. Later, Lance married  Anna Hansen on August 9, 2022.

FAQs

How much is Lance Armstrong currently worth?

Lance Armstrong’s net worth in 2024 is estimated to be 50 million U.S. dollars.

What does Lance Armstrong do now?

Lance Armstrong is currently managing his business ventures.

Who is Lance Armstrong’s wife now?

Anna Hansen is Lance Armstrong’s wife now.

What happened to Lance Armstrong?

Lance Armstrong received a lifetime ban from all sports for using performance-enhancing drugs.

Final Thoughts

Lance Armstrong net worth is a result of his early successes. From the beginning, Lance applied his top skills to become an influential sportsperson and achieve a lavish financial status.

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