FORBES ANNOUNCES WORLD RICHEST FOOTBALLER
In a billionaire rating released by Forbes, on Thursday, June 4, Cristiano Ronaldo emerged the first footballer to become a billionaire.
The 35 years old Juventus player reached the fourth richest celebrity in 2020 after tennis star, Roger Federer, rapper Kanye West, and reality TV star and entrepreneur, Kylie Jenner.
In 2019 Ronaldo made $105 million before tax making him worth over $1 billion.
Ronaldo is said to have made $650m in wages in his professional career so far with earnings from endorsement deals from companies like Altice, DAZN, Herbalife, MTG, Nike, and Unilever.
Ronaldo's new deal with Nike will reportedly pay him over 19 million per year for the rest of his life. At that rate, the deal will reach 800 million ($1 billion) in total value when Ronaldo is 73 years old.
According to the rating, Ronaldo’s rival, Lionel Messi comes fifth with $104 million worth. The Argentine is the world’s third highest-paid athlete in 2020.
Ronaldo is the world’s second-highest-paid athletes in 2020 with $60 million monthly earning.
The Portuguese star joined Juventus in 2018 after nine years with Real Madrid. He took a pay cut with his four-year deal worth $64 million annually. Within 24 hours of release, Juventus sold 520,000 Ronaldo jerseys worth over $60 million.
The attacker’s earnings were hit by the COVID-19 pandemic when Juventus players accepted a 30 percent pay cut to their salaries.