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Lance Armstrong is a former professional road racing cyclist from the United States. He was born on September 18, 1971, in Plano, Texas. Armstrong gained international fame after winning seven consecutive Tour de France titles (1999-2005).
However, his career and life came to an end after he was caught in a doping scandal. In 2012, the United States Anti-Doping Agency (USADA) learned that Lance had been using performance-enhancing drugs in his career.
As a result, he was stripped of his Tour de France titles and banned from all sanctioned cycling events for life. Armstrong was also known for his battle with testicular cancer that spread to his lungs and brain before he was caught up in a scandal.
Lance Armstrong’s Personal Information
| Category | Information |
|---|---|
| Name | Lance Armstrong |
| Full name | Lance Edward Armstrong |
| Birth | September 18, 1971, Richardson, Texas |
| Parents | Linda Armstrong Kelly (mother), Lance Rentzel (father) |
| Siblings | None |
| Wife | Kristin Richard (married 1998-2003), Anna Hansen (married 2008-present) |
| Children | Luke (born 1999), Isabella (born 2001),Grace (born 2001), Max (born 2009), Olivia Marie (born 2010) |
| Career and Scandal | Professional road racing cyclist, won the Tour de France seven consecutive times (1999-2005); Stripped of titles and banned for life from professional cycling due to doping allegations; USADA investigation found evidence of performance-enhancing drug use, Leading to lifetime ban; Admitted to doping in 2013 |
| Charity and Philanthropy | Founded the Lance Armstrong Foundation (now Livestrong Foundation) in 1997 to support cancer research and patients; Known for his philanthropic efforts, particularly in cancer research and support |
| Retirement | Announced retirement from professional cycling in 2011 to focus on family and charity work |
| Current Status | Lives in Austin, Texas, and Aspen, Colorado, and owns a ranch in the Texas Hill Country |
| Education | Attended Plano East Senior High School |
| Triathlon | Competed as a triathlete, with no further details provided |
Lance Armstrong Net Worth in 2025
Lance Armstrong is believed to have a net worth of $50 million in 2024.
| Name | Lance Armstrong |
|---|---|
| Net Worth in 2024 (as of now) | $50 million, approx |
| Profession | Former Cyclist |
| Sources of income | Endorsements, public engagement and media and event organization. |
Lance Armstrong Sources of Income
| Source of Income | Description | Value |
|---|---|---|
| Public Engagement | Speaking engagements, public appearances, and sponsorships prior to the doping scandal | $15 million per year |
| Investment in Uber | Early investment in Uber Technologies Inc. that grew substantially as Uber’s valuation increased | $30 million (at peak) |
| Endorsements | Endorsements with various brands prior to the doping scandal | $20 million+ per year |
| Media and Event Organization | Podcasts, bike races, merchandise sales, and subscription service through WEDU | N/A |
Brand Endorsements
Brands that Armstrong has endorsed are listed below:
- Trek: was a major bicycle brand that Armstrong was associated with during his cycling career.
- Easton-Bell Sports: is a company known for sports equipment for cycling and other activities.
- 24-Hour Fitness: A fitness center brand.
- Nike: is the global sportswear giant.
- Anheuser-Busch: Specifically, Michelob Ultra, a beer brand.
- RadioShack: is an electronics retailer.
- Oakley: is a sports and lifestyle brand, especially known for sunglasses.
- Honey Stinger: A brand that offers energy foods like waffles and chews for athletes.
- FRS: A company that produces energy drinks.
Business Ventures
The business ventures that Lance Armstrong has invested in are below:
- Juan Pelota Café: is a coffee shop owned by Armstrong.
- Mellow Johnny’s Bike Shop: A bike shop in Austin, Texas.
- Next Ventures: An investment firm focused on sports, fitness, wellness, and nutrition sectors.
- SRAM Corporation: a company in the cycling industry, where he also served as a technical advisor.
- Trek Bicycle Corporation: He owns a small share of this corporation.
- Lowercase Capital: His investment in this venture capital fund, which invested in Uber, was notably lucrative for him.
Philanthropic Endeavours
Lance Armstrong has had several philanthropic endeavours to support cancer survivors and research. He himself had his own battle with testicular cancer, which is why he is more enthusiastic for the cause. Let’s take a deeper look to learn more:
- Livestrong Foundation: Lance is the founder of the Livestrong Foundation (formerly known as the Lance Armstrong Foundation). It provides support to cancer survivors and funds cancer research. The foundation has raised over $470 million and helped more than 550 organizations.
- Cancer Research Funding: Armstrong was part of the referendum in Texas that guaranteed $3 billion in funding for cancer research.
- Cancer Awareness: After stepping down from his position at the Livestrong Foundation, Lance continued to promote and support his charitable initiatives related to cancer awareness.
Lance Armstrong Car Collection
Lance has bought several cars in the past. The most popular of them is the classic 1970 Pontiac GTO. It was gifted to him by his ex fiancee Sheryl Crow, after he won his sixth Tour de France.
The car was featured on the TLC show “Overhaulin’, where it received its makeover, including a new engine and sleek black paint. However, he sold it in 2014.
Lance Armstrong House
Lance Armstrong owns several properties but the one that is closest to him is his house in Aspen, Colorado. It was built to accommodate an active family lifestyle. In 2019, Lance gave a tour of this house to Architectural Digest to show various aspects of this property.
| Feature | Description |
|---|---|
| Location | Near the Aspen Institute, with views of the Aspen and Tiehack mountains |
| Size | 5,800 square feet, with 5 bedrooms and 5.5 bathrooms |
| Art Collection | Includes works by Banksy and Kehinde Wiley |
| Gathering Spot | The kitchen, where people won’t leave even with thousand-dollar bills in the living room |
| Additional Features | Bunk room, dedicated gaming room for kids, epic wine room, and light-filled office that doubles as a podcast studio |
| Safety Features | Underground rooms with safety escape routes and ladders |
| Price | $14.5 million |
Lance Armstrong Career
The main events that shaped Lance Armstrong’s career are below:
| Timeline | Phase | Description |
|---|---|---|
| 1992-1995 | Early Years and Rise to Fame | Excelled as a triathlete, turned professional with Motorola team, and won stages of Tour de France |
| 1996-1998 | Cancer Battle and Comeback | Diagnosed with testicular cancer, underwent surgery and chemotherapy, made miraculous return to cycling, and won Tour of Luxembourg |
| 1999-2005 | Tour de France Victories | Won Tour de France seven consecutive times, rode for US Postal/Discovery team |
| 2012 | Doping Scandal and Fall | Faced doping allegations, denied for years, stripped of all Tour de France titles, banned for life from cycling events |
| 2005-2011 | Retirement | Initially retired in 2005, returned in 2009 with Astana team, finished third in 2009 Tour de France, raced with Team RadioShack before retiring in 2011 |
Lesser Known Facts of Lance Armstrong’s Lifestyle
Lesser Known facts about Lance Armstrong’s lifestyle are below:
- Armstrong began his sporting career as a swimmer at the age of 12 before moving on to triathlons.
- He loves to listen to music and play guitar.
- He is an art lover and has collected various masterpieces of art over the years.
- Despite the controversy, his foundation, Livestrong, has continued to support cancer survivors and research.
- He has invested in several business ventures, including a coffee shop and bike shop in Austin, Texas.
- His early investment in Uber has been significant contribution to his current wealth.
- Armstrong has invested in the world of podcasting with his show “ The Move,” which covers cycling races and other endurance sports.
FAQs
Q. What is the full name of Lance Armstrong?
Lance Edward Armstrong is the full name of Lance Armstrong
Q. What is the Net Worth of Lance Armstrong in 2024?
Lance Armstrong is believed to have a net worth of $50 million in 2024.
