Published 17:58 IST, June 1st 2020

Is Livestrong still in business? Was Lance Armstrong forced to leave Livestrong?

Following the conclusion of the Lance Armstrong documentary on Sunday, fans on social media asked the question - Is Livestrong still in business?

Reported by: Arnold Dsouza
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Lance Armstrong documentary has been hot topic of discussion on social media shedding light on Lance Armstrong doping case, following release of  second and final episode this past weekend. Amid queries around Lance Armstrong doping case a number of questions were posed pertaining to  Livestrong foundation as fans wanted to kw 'Is Livestrong still in business?' and 'Does Livestrong still exist?'. Ar topic of discussion was wher Lance Armstrong doping led to Livestrong foundation banishing two-time Tour de France champion from organisation.

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Is Livestrong still in business? Does Livestrong still exist?

answer to questions 'Is Livestrong still in business?' and ''Does Livestrong still exist?' is a simple yes. Previously called Lance Armstrong Foundation, organisation rebranded its name to Livestrong Foundation in 2012. Disgraced former cyclist Lance Armstrong initially founded organization in 1997 in Austin, Texas, after recovering from testicular cancer. foundation me its move into pop culture in 2004 with yellow silicone wristbands.

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Is Livestrong still in business? Lance Armstrong doping les to Nike cutting ties

Livestrong foundation outlined its initial mission to improve lives of cancer survivors and those that have been affected by cancer. In 2012, Lance Armstrong was stripped of medals and titles he won after 1998 after confessing to use of performance-enhancing drugs. That included Armstrong returning e seven Tour de France titles he won in a row from 1999 till 2005. mission of Armstrong using EPO also led to Livestrong rebranding its name with defamed cyclist resigning from foundation, while sports brand Nike also anunced that y would end ir nine-year relationship with organisation in 2013. 

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Is Livestrong still in business? Livestrong Foundation's new look

On February 3, officials at Livestrong Foundation anunced a new mission. n-profit organisation has seen its donations shrink over past few years. According to reports from  IRS filings obtained through GuideStar, Livestrong Foundation received donations worth nearly $11.9 million in 2014 while that figure dwarfed to $3 million in 2017. Livestrong Foundation is w set to operate as a 'direct service' rar than being an 'impact funder'.

Is Livestrong still in business? Lance Armstrong net worth 2020

Following release of final episode of Lance Armstrong documentary, re was some speculation regarding  Lance Armstrong net worth 2020. According to reports from Celebrity Net Worth, Lance Armstrong net worth in 2020 is an estimated $50 million. During his heydays as a ro racing cyclist, Lance Armstrong reportedly me around $20 million per year which took his total net worth to $125 million. However, due to losing major sponsorship deals following Lance Amstrong doping guilt, 48-year-old lost up to $75 million. 

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17:58 IST, June 1st 2020