Lance Armstrong Net Worth

Lance Armstrong Net Worth : $125 Million

Profile

American Former Professional Road Racing Cyclist

Lance Armstrong Annual Income

$20 Million

Nationality

United States

Source of Wealth

Professional Cyclist

Date of Birth

September 18, 1971

Education

Dropped out of Plano East Senior High School

Marital Status

Married

Children

5

Lance Armstrong’s Income & Total Net Worth

Lance Armstrong, a retired road racing cyclist, has a total net worth of $125 million. His annual earnings are $20 million. He made his earnings through participating in racing and cycling events. With various endorsement deals, he earned over $17.5 million per year. He owns several marvelous homes across the world, including one in Austin, Texas (3.6 acres). He also has Training Facility area in Girona, Spain. He earned $15 million from public appearances, sponsorships and speaking engagements.

Business Investments

Lance is the highest earning athletes in the world. He earned approximately $20 million through endorsements and prize money. He owns a coffee shop, Juan Pelota Cafe, in Austin, Texas. He also owns a bike shop, named Mellow Johnny’s. He has invested million dollars in “SRAM Corporation”, the American bicycle component manufacturing company. He supports two charities, namely “Cancer Foundation-Live Strong” and “Lance Armstrong Junior Race Series”, which promotes cycling and racing among kids.

Properties: Private Fortune

Lance Armstrong, with a net worth of $125 million, possesses beautiful dwellings across the world. The most eye-catching mansion is spread over 3.6 acres in Austin, Texas. He also has a Training Facility area in Girona, Spain.

Lance Armstrong’s Career

At age of 18 and 19, Lance Armstrong became a professional triathlete and national spirit-course triathlon champion in 1989 and 1990, respectively. He became a professional member of “Motorola Cycling Team” in 1992. He was the first American to win “La Fleche Wallonne”.  Apart from cycling, he also ran in 2006 New York Marathon.  He ran in the professional category, in the inaugural 2012 Ironman 70.3 Panama Race.

Awards and Achievements

He was awarded as the “Sportsman of the Year” by USOC (United States Olympic Committee) from 1999 to 2003. Associated Press honored him with “Male Athlete of the Year” from 2002 to 2005. He won “Prince of Asturias Award” in sports (2000). He received “ESPY Award for Best Male Athlete” (2003-2006). He also received “Favourite Athlete Award” at Nickelodeon Kid’s Choice Awards, 2006.