The Portuguese football Cristiano Ronaldo started from scratch and now he is one of the highest-earning athletes in the world. The 35-years old star became the first footballer to earn $1 billion in the world, which he achieved in 2020. He started his football career from Portuguese club, Sporting CP, and later played for top clubs in Europe. He played for the English club, Manchester United for 6 years and Spanish club Real Madrid for 9 years. He currently plays for the Italian club, Juventus. His income comes from contracts, salaries, endorsements, and business ventures off the pitch.
The Portuguese star set the record for the highest transfer fee when he transferred from Manchester United to Real Madrid for $94 million. He had joined Manchester United from Sporting CP for $15.5 million in 2003, becoming the most expensive teenager at the time. Cristiano Ronaldo made another record when he signed for the Italian club Juventus. After playing for Real Madrid for 9 years, he signed with Juventus for a transfer fee worth $112 million. The transfer fee was the highest ever for a player over 30 years old. The fee also became the highest ever fee paid by the Italian club. Combining his total income to date, Ronaldo has accumulated a massive net worth of $500 million. Summing up all, Ronaldo has made quite a fortune by playing football. Though he became the first footballer to earn $1 billion, he is in the halfway mark to become a billionaire. He will surely accumulate a $1 billion in net worth in the coming years as he is not retiring any time soon. On the other hand, his business is flourishing off-the-pitch.
The Portuguese star has won 5 Ballon d’Ors and 4 Golden Boots among several other individual honors. With clubs he played, he won 5 UEFA Champions League, 6 league titles and a UEFA Nations League for Portugal.
The Portuguese star is dubbed as one of the best footballers of all time. No doubt, his hard work, and dedication led to him achieving this milestone.
Everything to know about Cristiano Ronaldo
Source: @goal
Cristiano Ronaldo Becomes Football’s First Billionaire
Cristiano Ronaldo Salary
According to Forbes, Ronaldo is the second Highest-Paid Athletes Of The Decade from 2010 to 2019. He earned somewhere around $810 million from 2010 to 2019. From the start of his career up until now, he has already earned $650 million from salary only. He will have earned $765 million from salary by the end of his contract with Juventus in 2022. He earned $64 million from salary and $45 million from endorsements over the last year. He agreed to a 30% pay cut in salary due to the COVID-19 pandemic. Even with a 30% pay cut, he earned $64 million from salary. He earned a total of $105 million over the last year from salary and endorsements. With it, he became the highest-paid footballer over the last year, ahead of Lionel Messi who earned $104 million. Ronaldo came second on the highest-earning athlete, only behind Swiss tennis star Roger Federer who earned $106.3 million over the last year. Previously, he topped the highest-paid footballer list twice, having earned $73 million in 2013/14 and $79 million in 2014/15. He became the highest-paid athletes twice in 2015/16 and 2016/17 earning $88 million and $93 million respectively.
Source: @royalfashionist
Cristiano Ronaldo Endorsements
Besides the salaries he receives from the club, he also makes quite a decent income from his endorsements. Ronaldo has endorsement deals with several popular brands including a lifelong endorsement deal with sportswear Nike. He reportedly has a lifelong endorsement deal worth $1 billion with Nike. He has sponsorship deals with other brands and companies that produce consumer products, soft drinks, automobiles, electronics among others. He also has endorsements deal with Herbalife, Clear Shampoo, and Pharmaceutical company Abbott. No wonder, Cristiano Ronaldo is the most-followed user on social media platforms. Ronaldo is the most-followed user on social media with over 222 million followers on Instagram. He is also the most followed user on Facebook with over 122 million followers. He is the highest-earning athlete on Instagram as well. Ronaldo earned $45 million in endorsements over the last year.
Source: @goal
Cristiano Ronaldo Business
Cristiano Ronaldo not only earns on the pitch, but he also makes quite a fortune from his business ventures outside the football. The Portuguese star has invested in several businesses including fashion, luxury brands, apps, and luxury hotels among others. He has his own brand under the name CR7. He has a CR7 range of clothing lines, fragrance, and households such as blankets and textiles among others. He owns luxury hotels and restaurants in several venues including Lisbon, New York, and Paris. He has invested in a hair treatment clinic Insparya. He also has an investment in a museum dedicated to himself. He also has a stake in CR7 Crunch Fitness. The two CR7 gyms have already opened in Madrid. He also has other business ventures including mobile apps and video games.
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