Is Ronaldo a Billionaire?
Everyone knows that Cristiano Ronaldo, the five-time Ballon d’Or winner, is one of the greatest footballers of our generation. But, is Ronaldo a billionaire? There have been a lot of rumors, speculations and surveys over the years that suggest Ronaldo is indeed a billionaire, but is there actually enough evidence to prove that he is? Let’s find out.
What Is the Net Worth of Ronaldo?
If you want to determine if a person is a billionaire or not, first you need to know what the net worth of that person is. According to Forbes, in 2019, Ronaldo’s net worth was estimated to be around $450 million. However, it’s important to keep in mind that this is just an estimation and the actual figure might be higher or lower.
Income Sources
Ronaldo earns most of his income from his football career and his various endorsement deals. He also has a portfolio of investments in various businesses such as hotels, restaurants, real estate and other assets.
Football Career
Ronaldo has had an illustrious football career, and all those years of hard work have certainly paid off. According to the Sun, he earned an impressive £46.8 million in the 2017-18 season alone. That includes his salary, bonuses and endorsements. Most recently, he was reported to have signed a deal with Juventus worth around $64 million annually.
Sponsorship Deals
Sponsorship deals contribute significantly to Ronaldo’s income. Forbes reported that he earns more than $40 million a year just from sponsorship deals alone. Over the years, Ronaldo has had some of the biggest sponsorship deals, especially with Nike, which reports estimate puts him at earning over $1 billion from the brand. He has also had deals with Tag Heuer, Konami, Herbalife and many more.
Investments
Ronaldo doesn’t just depend on his football career and endorsements to make money. He has also made smart investments over the years, which have generated a significant income for him. The most notable of his investments are his hotels, his CR7 fashion line, his cosmetic line and his restaurant.
Is Ronaldo a Billionaire?
Unfortunately, there is no clear answer to this question. Although his net worth is estimated to be around $450 million, his actual figure is likely to be higher or lower. And if you consider the football career, sponsorship deals and investments he has made, it is quite possible that he is a billionaire.
At the end of the day, it is impossible to say for sure whether or not Ronaldo is a billionaire. But one thing is certain: Ronaldo has earned an impressive fortune and continues to make smart investments that will probably make him even richer. So, whether or not he is a billionaire, it’s clear that Ronaldo has done very well for himself.
