Lance Edward Armstrong, known simply as Lance Armstrong, is a famous American athlete – now a retired road racing cyclist. From the beginning of his career, Armstrong won numerous accolades and achievements. In 1993, he became a World Racing Champion, and that same year secured the title of the US National Cycling Champion. Armstrong won Clásica San Sebastián in 1995, and a year later became victorious in La Flèche Wallonne race that took place in Wallonia, Belgium. Armstrong became the ESPY Award winner four times, was named the Sportsman of the Year in 2002, and received the Prince of Asturias Award in Sports. As a cyclist, Lance Armstrong represented such professional teams as “Motorola”, “Cofidis”, “Astana” and “Team RadioShack”. However, by the end of his career, Armstrong’s accomplishments were overshadowed by allegations of doping, to which he partially confessed during an interview with Oprah Winfrey. Aside from cycling, Lance Armstrong went on to publish an autobiographical book entitled “It’s Not About the Bike: My Journey Back to Life”, which earned him a William Hill Sports Book of the Year award.
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Lance Armstrong Net Worth $125 Million
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A well-known former racing cyclist, how rich is Lance Armstrong? According to sources, in 2011, his annual income amounted to $15 million. Then in 2012 he earned a bonus from “SCA Promotions”, which reached as much as $7 million. In regards to his overall wealth, Lance Armstrong has an estimated net worth of $125 million, which he accumulated from various sponsorships, his racing career, as well as business ventures. Among Armstrong’s valuable assets is his home near Lake Austin, the worth of which is $4.3 million.
Lance Armstrong was born in 1971, in Texas, United States. As a teenager, Armstrong joined the City of Plano Swim Club, where he participated in swimming races. He later changed from swimming to triathlon, in which he started to win when he was 13 years old. Armstrong’s professional cycling career began in 1992, when he joined the “Motorola Cycling Team”, which he represented for four years. With “Motorola”, Lance Armstrong went on to win La Flèche Wallonne race, in addition to representing the USA in the 1996 Olympics. However, Armstrong’s career was brought to a halt when he learned that he was suffering from testicular cancer, which had spread to his lungs and brain. Armstrong underwent surgery at the Indiana University medical center, and was later treated chemotherapeutically. When he survived the treatment, Lance Armstrong went on to establish a non-profit organization called “The Livestrong Foundation”, which helps people who are affected by cancer.
In 2001, Armstrong starred in a documentary film called “Road to Paris”, and more recently, in 2013, appeared in Alex Gibney’s film entitled “The Armstrong Lie”, which focused on his comeback to cycling in 2009. The movie, which included appearances from Reed Albergotti, Frankie Andreu, Johan Bruyneel and Alberto Contador, was largely praised by critics.
A well-known former road racing cyclist, as well as an athlete, Lance Armstrong has an estimated net worth of $125 million, which he earned from his professional cycling career.
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