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.”
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