Lance Armstrong Net Worth (2022 Update)

Before his fall from grace, Lance Armstrong was widely considered the greatest cyclist of all time. After being found guilty of substance misuse and banned from riding, this former professional cyclist was one of the most high-profile doping scandal in cycling history.

Lance Armstrong Net Worth

The one thing that’s well-known about ultra high net worth individuals (UHNWs) – the folks worth at least $30 million USD – is that virtually ALL of them have some part of their fortune in real estate.

Many of the more famous rich people and “celebrity entrepreneurs” actually got their start in real estate. And that’s great for them! Not so much for us…

See, more millionaires are created during recessions than any other part of the economic cycle. Which is cool, except the last real recession was 2008, when real estate prices were in the tank and you could buy a whole neighborhood with $100,000.

Now, though, real estate prices are through the roof, and interest rates are skyrocketing too. So how does the everyday person start building a massive net worth in an economy like this one?

Have you considered Digital Real Estate?

The internet’s been around for decades, but the possibility of actually owning high-value pieces of property ON the internet is fairly new.

In other words, it’s a wide open playing field…but it won’t stay that way forever.

Here’s a quick summary of how Digital Real Estate works:

You invest a little money (maybe around $100) to either purchase or build a piece of “land” on the internet.

You specifically place this “land” in a high-traffic area, where lots of people pass through (just like traditional real estate, it’s all about Location, Location, Location).

The folks who pass through your “land” all happen to be looking for a specific product or service, so you “rent” your land to a business owner who happens to offer that product or service.

The business owner pays you $500 to $2,000 a month to “rent” your Digital Real Estate, because it helps them connect with their ideal customers.

Think of it like buying a strip mall, or an office space, just on the internet, for WAAAAYYY less money and headache.

Still Getting Paid

If you’d like to learn more about Digital Real Estate, attend this free live training session from ScamRisk’s #1 recommended trainer.

But for now, let’s dig in a little more about Lance Armstrong…

Net Worth:

$50 Million

Age:

50

Born:

September 18, 1971

Country of Origin:

United States of America

Source of Wealth

Professional cyclist and entrepreneur

Last Updated

2022

According to the most recent estimates, Lance Armstrong is expected to be worth $50 million by the year 2022.

Lance Armstrong, a former professional road racing cyclist from the United States, is widely regarded as a sports hero thanks to his victories in the Tour de France. A World Championship competitor from 1993 to 1996, he began competing at age 16.

early Life

Lance Edward Gunderson, better known as Lance Armstrong, was born on September 18, 1971, in Plano, Texas, and raised by his mother, Linda, in the Dallas suburbs. The boy was born with athletic prowess. At ten, he began jogging, swimming, and competing in triathlons. At the tender age of 16, Armstrong became a professional triathlete and won the national sprint-course triathlon title in 1989 and 1990.

Soon after, Armstrong decided to concentrate on cycling, his strongest and favorite sport. The United States Olympic Development Team encouraged him to train in Colorado Springs, Colorado, during his senior year of high school. Armstrong temporarily dropped out of high school, but he later resumed his studies and graduated from high school in 1989.

The next summer, he qualified for the 1990 junior world squad and finished 11th in the World Championship Road Race, the greatest time ever set by an American since 1976. He won two important races, the First Union Grand Prix and the Thrift Drug Classic, beating out many professional cyclists.

Career

In 1992, he joined the Motorola Cycling Team and became the second-youngest world road race winner. Armstrong won stages in 1993 and 1995 including Thrift Drug Classic and Tour DuPont but withdrew from three of four Tours from 1993 to 1996.

Armstrong fell ill after the 1996 Tour de France and was diagnosed with testicular cancer, which had spread to his lungs and brain. His greatest survival chances were chemotherapy and surgery. Months of treatment ensued before he could return to a sport so demanding that some physicians doubted he could handle the Tour de France.

Since his cancer diagnosis, Armstrong rode again and won the Tour of Luxembourg in June 1998. Armstrong had previously specialized in one-day races, but after finishing fourth in the three-week Vuelta a Espaa in 1998, he decided to train for the Tour de France.

In 1996, he launched the Lance Armstrong Foundation for Cancer, now called LiveStrong, and the Lance Armstrong Junior Race Series.

Armstrong became the second American and first American team to win the Tour de France on July 25, 1999. Armstrong won the 22-day, 3,630-km (2,256-mile) race by 7 minutes 37 seconds. During the Tour, traces of a banned substance—corticosteroid from a sore saddle cream—were identified in his urine.

UCI acquitted him, but the French press accused him of taking performance enhancing drugs. The same accusations were also claimed by the former members of Armstrong’s cycling team. Armstrong felt his 2000 Tour de France win vindicated his 1999 victory and answered his detractors.

In 2001 and 2002, he won the Tour by climbing well. He won his fifth consecutive Tour de France in 2003, tying Miguel Indurain’s record. In 2004, he won his sixth straight race, surpassing Indurain.

Armstrong retired after winning his eighth Tour de France in 2005, but he returned to professional cycling in September 2008. Third, in the 2009 Tour de France. Armstrong finished 23rd in his final Tour de France in 2010 and retired in February 2011.

After being stripped of all of his medals, including Tour de France wins in 2012, Armstrong acknowledged doping throughout his cycling career in 2013, after years of denials due to proof of performance-enhancing drug use.

Lance Armstrong Success Clues

1.Be guided by a set of values so that you never get lost.

2.Stay away from dishonesty and deceit. Truth will prevail.

3.While criticizing others for their flaws, don’t discount what they’ve done for the greater good.

Featured Lance Armstrong's Best Quotes Of All Time! Quotes

Lance Armstrong Quote Seven Tour De France International Cycling Union
"Two things scare me. The first is getting hurt. But that's not nearly as scary as the second, which is losing." --Lance Armstrong
"Winning is about heart, not just legs. It's got to be in the right place." --Lance Armstrong
"A boo is a lot louder than a cheer. If you have 10 people cheering and one person booing, all you hear is the booing." --Lance Armstrong
"Extraordinary allegations require extraordinary evidence." --Lance Armstrong

Lance Armstrong Net Worth Is 50 Million Declared Cancer Free

Armstrong’s fall from grace was widely chronicled, but he continues to inspire thousands of bikers and cancer patients across the world.

After retiring from competitive cycling, Lance Armstrong has continued to inspire people through his public speaking. The drug association accused armstrong of using PED. The Armstrong lie was a big scandal. Armstrong admitted to some wrong doing within the sport.

Lance Armstrong’s net worth is $50 million in 2022.

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