As one of the most talked-about figures, Lance Armstrong has built a significant fortune. In this article, we dive deep into the assets and career highlights.

What is Lance Armstrong's net worth?

During his interview withOprah Winfreyin January 2013, when he admitted to doping, Lance estimated that theloss of endorsement dealsfrom this scandalcould eventually cost him $75 millionin terms of lost endorsements, legal settlements, and lawyer fees. The U.S. Federal government could have sued Lance for $100 million had the lawsuit gone to trial. Lance ultimately settled that lawsuit for $5 million.

As pretty much everyone knows by now, in October 2012, Armstrong was banned from professional racing amid allegations that he used steroids. Lance was forced to give up his seven Tour de France medals and lost all of his major sponsors, including Nike, Oakley, Trek, and Anheuser Busch.

At the time of Lance's investment through Lowercase, Uber's valuation was$3.7 million. If Lance's $100,000 went exclusively to Uber, which is not likely the case, but let's pretend, that would have mathematically equated to a 2.7% stake in Uber. A year later, Uber raised another $1.3 million. A year later, it raised another $11 million. Uber would eventually raise $12 billion in private funding before going public in May 2019. In each of these events, early investors were either bought out and/or diluted. Lance's stake was diluted significantly over the years and rounds.

Lance Armstrong is an American professional cyclist, author and public speaker who has a net worth of $50 million. For almost ten years, the name Lance Armstrong was synonymous with athletic perfection. The professional cyclist and cancer survivor was held up as the image of how far you could push your body and how successful you could become in the world of sports. He established himself as an athlete to watch while still in high school, winning the National Sprint-Course Triathlon in 1989 and 1990 at the age of 16. He rose through the ranks in the racing world throughout the early 90s, becoming the first American to win a number of races. Then, in 1996, he was diagnosed with testicular cancer. The cancer had invaded his lungs and brain, as well, and he retired from cycling in order to undergo an intense round of treatment. He was able to return to cycling in 1998, and after his return, he was seemingly better than ever.  Between 1999 and 2005, he won the Tour de Franceseventimes. He retired again in 2005, then returned in 2009, and raced sporadically through 2011.  Then all hell broke loose. That span from 1998 to 2005, when he was seemingly better than ever, was actually too good to be true.

On the flip side, throughout his career, Lance has been an inspiration to millions of cancer patients around the world. His cancer foundation, which he no longer is associated with, has raised nearly $500 million for research since its inception.

In December 2018, Uber raised money at a private valuation of $120 billion. Upon hearing this news, a number of less-reputable news outlets blindly reported thatLance was a billionairethanks to his early Uber investment. As awesome as that would be, it's false. Lance's Uber investmentwas worth $30 million at its peak. Probably closer to $20 million after fees. Still an amazing return on a $100,000 investment. In December 2018, Lance told CNBC that hisearly investment in Uber "saved" his family financiallyover the previous five years.

At the peak of his career, Lance Armstrong's net worth was $125 million and growing rapidly. Lance was theMichael Jordanof professional cycling. And just like Mike, at one point, Lance was among the highest-earning athletes in the world, regularly earning up to $20 million+ per year from endorsements and prize money. For several years of his retirement, before his scandals really exploded, Lance continued to earn roughly $15 million per year from speaking engagements, public appearance fees, and sponsorships.

In 2009, Armstrong invested $100,000 in Lowercase Capital, a venture capital fund started byChris Sacca. One of that firm's investments was a brand-new ride-sharing startup called Uber Technologies, Inc. Lance had no idea what Uber was and actually thought he was buying shares of Twitter

Ultimately, Lance Armstrong's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.