What is Lance Armstrong’s Net Worth in 2023?

 


Lance Armstrong is a former pro cyclist, once praised as one of the greatest athletes ever. He won 7 Tour de France titles in a row post-surviving testicular cancer that spread to his lungs and brain. He founded Livestrong Foundation, raising millions for cancer research and support, and was a philanthropist.

In 2012, he was exposed as a serial cheater who used performance-enhancing drugs, shattering his reputation and legacy. He was stripped of titles, and awards, and banned from cycling for life. He lost sponsors, and income, and fought legal battles.

How much is Lance Armstrong worth today? 


According to various sources, his net worth is estimated to be around $50 million12 as of 2023. This is a significant drop from his peak net worth of $125 million23, which he earned from his cycling success, prize money, and lucrative deals with brands like Nike, Oakley, Trek, and Anheuser Busch.

However, Armstrong still has some assets and investments that contribute to his net worth. He owns a $7.5 million mansion in Aspen, Colorado3, and a $2 million ranch in Texas3. He also invested early in Uber through a venture capital fund in 2009, which reportedly turned his $100,000 stake into $20 million4. He also earns some income from public speaking engagements and podcasts.


Despite his downfall, Armstrong has tried to rebuild his image and life in recent years. He has apologized for his actions and expressed remorse for hurting his fans and fellow cyclists. He has also settled some of his lawsuits and paid millions of dollars in damages. He has also remained involved in cycling and sports through his podcasts and commentary. 


Lance Armstrong’s net worth may never reach its former glory, but he still has some wealth and influence left. He may not be the hero he once was, but he is still a survivor who has overcome many challenges and obstacles.

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