Here's how much Lance Armstrong made on early Uber investment


Armstrong's US$100,000 (RM417,000) investment has made him about US$20mil (RM83mil), according to calculations.

Lance Armstrong’s prospects looked bleak when he admitted to Oprah Winfrey in 2013 that he cheated to win his Tour de France titles, putting the brakes on a career that made him more than US$200mil (RM833mil) and deepening his legal troubles.

An investment in a venture capital fund that bought into Uber Technologies Inc has proved to be a lifeline for the disgraced cyclist. The 47-year-old told CNBC that the investment had been “too good to be true,” and “saved our family.”

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Tesla Q1 deliveries likely to dip sequentially as EV demand softens
Wuhan police: Chinese robotaxis stall in apparent 'malfunction'
Device startup Nothing Technology plans to release AI glasses next year
Kenya probes Meta Ray-Ban smart glasses privacy concerns
North Korean hackers suspected in Axios software tool breach
These two countries with social media bans aren’t happy with Google and Meta
Apple tests Siri feature that handles multiple commands at once
'Concerning' number of Australian kids on social media despite ban
France eyes ban on social media for under-15s
'Confidential mode': How to revoke access to emails you send in Gmail

Others Also Read