Lance Armstrong and Kristin Richard divorced after 4 years, 9 months of marriage. The settlement was reportedly about $15M. See the full timeline.
Figures are reported estimates. Last updated Oct 2026.
Divorced before his doping scandal cost him most of his fortune.
Lance Armstrong, the American cyclist who won the Tour de France seven times before being stripped of the titles for doping, and Kristin Richard, a Texas public relations executive, met in 1997 and married on 8 May 1998 in Santa Barbara, California. The couple had three children, Luke, Grace and Isabelle, born by in vitro fertilization after Armstrong's treatment for testicular cancer. Kristin was with him as he recovered from the disease and returned to cycling.
Armstrong's wealth came from his cycling career and a large number of sponsorship deals with companies such as Nike, Trek and Oakley. After his victory in the 1999 Tour de France, his fame and income rose sharply, and he started the Livestrong Foundation in 1997. His fortune was subsequently affected by the doping scandal, which led to him losing sponsors and facing lawsuits. When the marriage ended, he was at the peak of his fame.
The couple married in 1998, a year after Armstrong's cancer diagnosis, and the marriage lasted five years. Armstrong won the Tour de France in 1999, 2000, 2001, 2002 and 2003 while they were together. The pair separated in 2003, and the divorce was finalized in 2003, after about five years. Armstrong then had a relationship with the singer Sheryl Crow and the actress Kate Hudson, and later married Anna Hansen.
The reported figure was about $15 million, though the details were not made public. Kristin received a share of the couple's assets, and the couple shared custody of their three children. The arrangement was said to be amicable and was settled without a major dispute. The numbers are an estimate based on press accounts.
The sum reflects the fact that Armstrong's earnings rose sharply during the marriage, in the years following his cancer treatment and his Tour de France wins. Texas is a community property state, which means that income earned during a marriage is generally shared. The length of the marriage was short, so the payment was limited, but the rise in his earnings meant that the sum was larger than might have been expected.
Armstrong's finances were later hit by the revelation in 2012 that he had used banned drugs throughout his career. He was stripped of his titles and lost sponsorships, and he had to pay millions of dollars to settle lawsuits. The Livestrong Foundation distanced itself from him. Kristin kept a private life.
The Armstrong case is modest in money terms compared with the large cases on this list, but it is notable for being linked to a figure who later became involved in a major sporting scandal. It is similar in size to the divorces of Eddie Murphy and Kevin Hart.
Armstrong and Richard's three children were conceived through IVF using stored sperm taken before cancer treatment. Armstrong later had twins from his relationship with Anna Hansen. He has since built a career as a podcaster. The $15 million figure is a reported estimate.
Kristin Richard's reported settlement was about $15 million.
They married in 1998 and divorced in 2003, a marriage of roughly 5 years.
No prenuptial agreement was reported.
Yes, the family is reported to include 3 children.
Reported assets include: Austin estate, endorsement proceeds, cash.
The sum reflects the fact that Armstrong's earnings rose sharply during the marriage, in the years following his cancer treatment and his Tour de France wins. Texas is a community property state, which means that income earned during a marriage is generally shared.