What seemed like a movie story ended in scandal. They took titles, lost contracts and He fell out of favor. However, with a single investment he managed to turn his financial situation and recover part of the lost land.
The rise of Lance Armstrong in cycling: an icon of sport
Lance Armstrong began to stand out from a young age. At 21 he already competed in the Olympics And shortly after he signed with a professional team. His career was interrupted in 1996 when he was diagnosed with testicular cancer with metastasis, but against any forecast He managed to overcome the disease.
His return was overwhelming. From 1999 to 2005 He won seven consecutive editions of the Tour de Francebecoming a symbol of world cycling. These achievements led him to be a recognized figure worldwide, with multimillion -dollar advertising campaigns and the support of brands such as Nike, Oakley and Trek.
In addition, he founded Livestrongan organization to help people with cancer, which came to collect hundreds of Millions of dollars. For years, it was considered an example of struggle and determination.
Of the doping that ended with his career to the investment in Uber
All that recognition collapsed in 2012, when the United States Anti -Doping Agency He accused him of using prohibited substances systematically. Armstrong denied the accusations for years, but finally confessed in an interview with Oprah Winfrey.
As a consequence, He was stripped of his seven titles from the Tour de France and expelled for life of any official competition. He also lost much of his fortune for compensation, judgments and the fall of his commercial contracts.
Despite that collapse, an investment made in silence allowed him to recover financially. In 2009, Armstrong put $ 100,000 in a risk capital fund that opted for Uberwhen the company was just beginning. Over time, that investment multiplied and, according to financial means, helped generate a current fortune of 50 million dollars.
Today, his figure continues to generate controversy. For many it remains an icon fallen from cycling, but its history also shows how a single decision can change everything for better or worse.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
