Cristiano Ronaldo is one of the biggest athletes in the history of sports. He has been at the top of the game for almost two decades now, something no one would have expected in 2003. The skinny boy from Madeira, Portugal has built a legacy that the world will remember for centuries. Along with Lionel Messi, Ronaldo is known as soccer royalty. The world will never witness any other player like these two again.
Apart from the magic he produces on the pitch, Ronaldo seems to be keeping up the same off it as well. He is one of the most influential sports personalities in the world right now. An interesting fact is that Ronaldo has half a million followers on the social media platform Instagram. He became the first person to reach the milestone last month.
Cristiano Ronaldo surpassed $1 billion in career earnings but his net worth is much lower
Many would expect the former Manchester United star’s net worth to be at a whopping $1 billion. Examples of such athletes could include Michael Jordan and LeBron James, who boasts several lucrative endorsement deals. However, that isn’t it in Ronaldo’s case.
According to Forbes, the former Real Madrid star became the first player from a team sport to cross $1 billion in career earnings. It seems like his net worth is much lower than that. Ronaldo’s net worth stands at about $500 million as of 2022. Many would have expected the 5x Ballon d’Or winner to have a much bigger net worth because he has made a billion in career earnings.
To understand how his net worth is lower than his earnings, we would have to understand the difference between the both. Career earnings are the amount of money that Ronaldo has received from professional soccer contracts. He has played for clubs such as Sporting CP, Manchester United, Real Madrid, and Juventus. Forbes mentions that the money that these contracts have paid him is more than $1 billion.
View this post on Instagram
On the other hand, net worth is the value of assets Ronaldo holds, after subtracting any debts owed. As we all know, the Portuguese star is one of the most marketable brands in the soccer world. He owns his luxury brand known as “CR7” which has played a pivotal role in the success of his business empire. In addition to that, Ronaldo also owns hotels, under the CR7 brand name.
Discussion about this post