Born Gregory James LeMond on 26th June 1961, in Lakewood, California, USA, he is former professional road racing cyclist, best known as the winner of the Road Race World Championship in 1983 and 1989, and the Tour de France in 1986, 1989, and 1990. LeMond was inducted into the United States Bicycling Hall of Fame in 1996. His career started in 1981 and ended in 1994.
Have you ever wondered how rich Greg LeMond is, as of early 2017? According to authoritative sources, it has been estimated that LeMond’s net worth is as high as $40 million, an amount earned through his successful career in cycling. In addition to being a racer, LeMond also established LeMond Bicycles in 1990, which has improved his wealth as have other business ventures, including real estate and restaurants.
Greg LeMond Net Worth $40 Million
Greg LeMond was a son of Bob LeMond and Bertha, and grew up in the Washoe Valley with his sisters, Kathy and Karen. He went to the Earl Wooster High School but didn’t participate in team sports because of distance. LeMond’s introduction to cycling occurred in 1975, when Wayne Wong – the freestyle skiing pioneer – recommended the bike as summer training, and LeMond started competing the following year.
In the 1979 Junior World Championships in Argentina, Greg represented the United States and won gold, silver and bronze medals, which led him to be selected for the 1980 US Olympic cycling team, but the U.S. boycott of the 1980 Olympics in Moscow prevented him from competing. In 1981, LeMond made his professional debut, and only three months later; he recorded his first win at the French Tour de l’Oise. Later that year, Greg won at the Coors Classic, finishing ahead of the 1980 Olympic champion, Sergei Sukhoruchenkov.
His debut at the World Road Race occurred in 1981 when he finished in 47th place, then in 1982 LeMond finished as a runner-up, but in 1983 he won the championship and will be remembered as the first American rider to do so. In 1984, he entered the famous Tour de France for the first time, and finished third overall, while he ended in 27th position at the World Road Race. In 1985, he debuted at the Giro d’Italia and managed 3rd place, while he finished second at both the Tour de France and the World Road Race. However, in 1986, Greg finally won the most prestigious race in the world, the Tour de France, while he finished in 4th and 7th places respectively at the Giro d’Italia and the World Road Race. He missed the 1987 season because of being shot in a hunting accident, when he was only 20 minutes away from bleeding to death, but recovered the next year, and went on to win his second Tour de France in 1989, at just eight seconds the closest winning distance ever.
LeMond also won his second World Road Race that year, while in 1990, he clinched another title at the Tour de France and ended 4th at the World Road Race. Greg didn’t win any Grand Tour titles after that, and he decided to retire in 1994.
He won numerous awards throughout his career, including Sports Illustrated Sportsman of the Year in 1989, Jesse Owens International Trophy in 1991, and Korbel Lifetime Achievement Award in 1992.
Since retiring, Greg has concentrated on business, including promoting the much lighter carbon fibre bicycle frame which proved outstandingly successful, and subsequently forming a partnership between CarbonFrames Inc and his own LeMond Bicycles, adding considerably and consistently to his net worth.
Regarding his personal life, Greg LeMond has been married to Kathy since 1981 and they have a daughter Simone, and sons Geoffrey and Scott. He and Kathy currently reside in Medina, Minnesota.
