We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. According to Celebrity Net Worth, Armstrong was worth approximately $125 million at the peak of his career. "Armstrong declined to say how much his investment has turned into, but said the number is "too good to be true."

"It's saved our family," Armstrong told CNBC's Andrew Sorkin in an interview aired on Thursday. In addition to losing lucrative endorsements, Armstrong has had to pay millions in settlements after it became clear the athlete was doping to improve his performance. Armstrong said the bulk of the money went to Uber, which at the time was valued at just $3.7 million. In a 2013 Armstrong dodged the most costly of lawsuits with a $5 million Got a confidential news tip? Recently, several outlets have been reporting that Lance Armstrong's early investment in Uber changed the fortunes of his family and made him a … That has dropped considerably, but thanks to Uber, Lance Armstrong’s net worth is approximately $50 million today. Use of this site constitutes acceptance of our Calls for schools to get ‘creative’ with reopening have largely been ignored. All Rights Reserved. Lance Armstrong Made A Fortune By Inadvertently Investing In Uber And It’s A Shame He Can’t Buy Tour De France Titles #Lance Armstrong by Connor Toole 2 years ago I thought he was buying up a bunch of Twitter shares from employees or former employees, and the biggest investment in [the] Lowercase fund one was Uber. In 2009, the former pro cyclist invested $100,000 in Chris Sacca's nascent venture capital firm, Lowercase Capital. © 2020 Fortune Media IP Limited. Today, as the company prepares for its IPO, banks have valued Uber at At the time he invested in Sacca's firm, Armstrong said, "I didn't even know that he did Uber. https://www.distractify.com/p/lance-armstrong-net-worth-2020 An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist. He invested $100,000 through venture capitalist Chris Sacca around 2009 when the company was valued at only $3.7 million. Why?Black-owned food businesses are seeing a surge in publicity and customers—and hope that investors are nextHow the government’s new real-time payments system could transform commerceWhy you can trust the new coronavirus contact-tracing apps to safeguard your privacyA family’s $35 billion fortune evaporates in a blinkSweden’s top virologist has a message on how to defeat coronavirus: Open schools and no masks‘We see no point in wearing a face mask,’ Sweden’s top virus expert says as he touts the country’s improving COVID numbersHow Ghislaine Maxwell’s arrest upended the filming of ‘Surviving Jeffrey Epstein’ Global Business and Financial News, Stock Quotes, and Market Data and Analysis.Lance Armstrong on escaping a $100 million lawsuit and UberWhy an MBA isn’t worth it, according to multimillionaire Uber investor Jason CalacanisLance Armstrong on doping and his venture capital fund Lance Armstrong was an early investor in Uber. Data is a real-time snapshot *Data is delayed at least 15 minutes. His story is featured in an ESPN documentary, which will be released during the coronavirus pandemic. After Lance Armstrong's fall from grace cost him millions of dollars in lost endorsements and lawsuit settlements, one thing kept him on his feet: his investment in Uber.

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