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.
Lance Armstrong Net Worth $125 Million
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.
Was concluded guilty for using performance-enhancing drugs. As a result, he received a lifetime ban from competing in all sports that follow the World Anti-Doping Agency code-effectively ending his athletic career.
In 2012, a United States Anti-Doping Agency investigation concluded that Armstrong had used performance-enhancing drugs over the course of his whole career.
August 2012: All of his competitive results from August 1, 1998 through the present were deemed ineligible and were disqualified by the United States Anti-Doping Agency. This is as the result of his anti-doping rule violations stemming from his involvement in the United States Postal Service (USPS) Cycling Team Doping Conspiracy (USPS Conspiracy).
On July 9, 2012, Armstrong filed a lawsuit in federal court in Austin, Texas against the United States Anti-Doping Agency, which a judge threw out later the same day.
2010, will be cycling for: Team Radio Shack from Forth Worth Texas, USA.
1993, became World Champion Cycling.
Son Max Armstrong (b. June 4th 2009). Mother is Anne Hansen.
In 2006, he donated $500,000 to the Lance Armstrong Foundation.
Announced he was retiring after the Tour De France 2005. He ended his career by winning his seventh Tour De France, which has never been done.
Armstrong's "Tour de Lance" (i.e., winning his first Tour de France on 25 July 1999) was ranked #1 in TV Guide's list of the "25 Most Awesome Sports Moments (of the last 15 years)". [17 July 2005 issue]
Through his foundation, has sold yellow "Live Strong" bracelets to raise money for cancer research. He has sold over 40 million of them worldwide at $1 each.
Lives in a mansion in Spain part of the year. The estate was originally several separate apartments, which he bought and had renovated into a house.
Is a good friend of actor and cycling fan Robin Williams who usually visits him during Tour de France
Winner of the ESPY award for Best Male Athlete twice (2004) and (2005)
Rode with Team Discovery Channel during the 2005 Tour.
Winner of the Tour de France in 1999, 2000, 2001, 2002, 2003, 2004 and 2005. He was stripped of these titles in 2012 due to doping allegations.
Became the second man to win the Tour de France five times in the row. Joined other five-time Tour de France winners Jacques Anquetil, Bernard Hinault, Eddy Merckx and Miguel Induráin when he won the 2003 Tour de France. The following year he beat them all by becoming the only man to win the Tour six times.
Was with United States Postal Service from 1998-2004, before that he was with Team Motorola.
Filed for divorce from wife Kristin (September 2003)
Reconciled with wife Kristin Armstrong. [June 2003]
Twin girls Isabelle Rose weighing 5lbs 12oz and Grace Elizabeth weighing 5lbs 2oz born (20 November 2001)
Son Luke David born (12 October 1999)
Announced separation from wife Kristin. [February 2003]
His children were conceived with sperm that Armstrong banked before he began chemotherapy for testicular cancer.
Won the Iron Kids Triathlon at 13, and became a professional triathlete when he was 16.
He has never met his father, Edward Gunderson, and has not expressed an interest in doing so. He was adopted by his stepfather, Terry Armstrong.
Named Sports Illustrated's Sportsman of the Year. 
His heart is one-third larger than normal.
[referring to the day blood tests finally showed he had in used performance enhancing drugs and lost all his sponsorship deals with companies, including Nike] that was a $75 million day
[January, 2013] I view this situation as one big lie that I repeated a lot of times.
[2005: when asked, under oath, if his sponsorships would be lost if doping allegations were true] All of them, and the faith of all the cancer survivors around the world. So everything I do off of the bike would go away too. And don't think for a second I don't understand that. It's not about money for me. Everything. It's also about the faith that people have put in me over the years. So all of that would be erased. So I don't need it to say in a contract you're fired if you test positive. That's not as important as losing the support of hundreds of millions of people.
 Nobody needs to cry for me. I'm going to be great.