By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Cristiano Ronaldo Now Football’s First Billionaire

Last updated: June 5, 2020 3:17 pm
6 years ago
Share
2 Min Read
ait news 1 2

Juventus and Portuguese star, Cristiano Ronaldo has become football’s first billionaire while his Barcelona’s rival Lionel Messi is expected to follow suit next year.

According to Forbes, Ronaldo, 35, is now only the third sports star to reach the milestone, joining Tiger Woods and Floyd Mayweather Jr.

Ronaldo raked in £85 million in the last year from his wages and endorsement deals, pushing him into the billions for career earnings.

His annual earnings were actually down 9 percent after he took a £3.5m cut on his wages due to the Coronavirus pandemic. But it was still enough for Ronaldo to reach the $1billion mark ahead of his friendly rival Messi.

The former Manchester United and Real Madrid star has pocketed over £500m during his career from wages alone. The figure is expected to exceed £600 million by the time his current contract at Juventus is up at the end of the 2021-22 season.

Also Read: Cristiano Ronaldo resumes training today

Ronaldo has also raked in around £36 million-a-year in endorsements during his career, including partnerships with Nike, with whom he has a lifetime contract. The forward also has his own company, CR7, as well as being the most-followed sports star in the world on Facebook and Instagram.

Ronaldo rakes in roughly £1million per post on Instagram – more than any other person on the planet. He makes £14 million more per year from social media than he does from his Juventus pay-packet.

Amazingly, Messi who is 3 years Ronaldo’s junior is expected to reach the $1 billion mark next year. He pocketed £84 million in the past year from his own wages and endorsement deals – which include Pepsi and Adidas.

But neither Messi nor Ronaldo were Forbes’ top-earning sports star this year-with that honour going to tennis ace Roger Federer. The Swiss legend, 38, banked £86m to edge out the footballing duo.

(Editor: Terverr Tyav)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • National Basketball Association (NBA) Africa Announces Five Prize-Winning Startups at its Second Accelerator Demo Day December 5, 2025
  • Mozambique’s displaced facing massive needs as attacks intensify December 5, 2025
  • As Ebola in Democratic Republic of the Congo (DRC) declared over, International Federation of Red Cross and Red Crescent Societies (IFRC) calls for investment in community-based surveillance December 5, 2025
  • Rift Valley Fever in Senegal: On the Frontline to Protect Communities December 5, 2025
  • Eco-Navitas Alliance Ignites Fresh Momentum in Africa’s Exploration Landscape December 5, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?