Lance Armstrong’s home in Austin, Texas. (Rag Blog)
Lance Armstrong is an American professional cyclist who has a net worth of $125 million. In the last few years, Lance Armstrong has become a controversial figure around the world. In October of 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 and Anheuser Busch.
Today Lance Armstrong admitted to using performance enhancing drugs during his widely anticipated sit-down with Oprah Winfrey.
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