SportsTop story

Ronaldo becomes first football billionaire

Portuguese football star Cristiano Ronaldo has officially become the first billionaire footballer, according to a new valuation by Bloomberg.

Bloomberg’s Billionaires Index, which tracks the net worth of the world’s wealthiest individuals, has for the first time listed the 40-year-old Al-Nassr and Portugal captain with an estimated net worth of $1.4 billion (£1.04bn).

The financial data firm said Ronaldo’s fortune comes from a combination of career earnings, endorsements, and investments, making him the richest football player in history.

Bloomberg’s analysis shows that Ronaldo earned more than $550 million (£410million) in salaries between 2002 and 2023, spanning his playing career across Manchester United, Real Madrid, Juventus, and now Al-Nassr.

A significant portion of his wealth also comes from commercial deals and sponsorships — most notably a long-term partnership with Nike, reportedly worth nearly $18 million (£13.4million) annually.

Ronaldo became the highest-paid player in world football in 2022 when he joined Saudi Pro League club Al-Nassr, signing a record-breaking contract said to be worth £177 million per year. He has since extended his deal by two more years, with the new agreement reportedly exceeding $400 million (£298million) and keeping him at the club beyond his 42nd birthday.

Bloomberg noted that while Argentine star Lionel Messi has also amassed vast wealth — earning over $600 million (£447million) in pre-tax salary during his career — Ronaldo’s total earnings and investment portfolio place him ahead.

Messi, currently playing for Inter Miami, earns about $20 million (£15million) annually and is expected to receive a stake in the Major League Soccer club when he retires.

Ronaldo’s billionaire status marks a milestone in sports finance, underscoring his global brand power and two-decade dominance both on and off the pitch.

Related posts

Man killed in Kwara fire

EDITOR

Things to know about Saudi Arabia’s new Grand Mufti

EDITOR

We’ll replace Abdulmumin Jibrin in 2027 – Kwankwaso

EDITOR

Leave a Comment