Cristiano Ronaldo becomes first billionaire football player

Ronaldo's net worth is esimated at around €1.2 billion

Cristiano Ronaldo has broken yet another record – this time off the pitch. According to the Bloomberg Billionaires Index, the Portuguese star player has become the first footballer in history to amass a fortune exceeding one billion euros.

Bloomberg estimates Ronaldo’s net worth at around $1.4 billion (€1.2 billion), boosted by his renewed contract with Al Nassr in Saudi Arabia. His tax-free contract, as well as brand deals with Armani and Nike, are also named as key drivers in his improved wealth.

The 40-year-old player, who also holds an ownership stake in Al Nassr as part of his new deal, also has sponsorships deals with several massive brands. His deal with Nike is reported to be worth £745m (around €864 million) in total – his biggest agreement with any company, though CR7 also works with Heur, Armani, PokerStars, Samsung, Unilever, Louis Vuitton and many others.

On Tuesday, Ronaldo also received his latest individual accolade in the form of the Prestige award at the Portugal Football Globes.

A five-time Ballon d’Or winner, Ronaldo, 40, added another individual accolade to his distinguished career on Tuesday when he received the Prestige award at the Portugal Football Globes.

“I’ve been with the national team for 22 years; I think that speaks for itself: the passion I have for wearing the jersey, for winning trophies, for playing for the national team,” he said at the FPF Arena Portugal in Oeiras. “I often say if I could, I would play football only for the national team, I wouldn’t play for any other club because it’s the culmination and the peak of a football player”

Despite his age, CR7 insists he wants to continue playing for as long as he can.

“I have a few trophies at home, but I have to say this one is special and beautiful. I have to confess that this afternoon I was at the table thinking about what I was going to say in this speech. I was thinking, ‘What is a Prestige Award? I wonder if it’s an end-of-career award’. I got a little nervous and thought, ‘It can’t be'”, he said.

“I don’t see this trophy as the end of a career, but rather as a continuation of everything I’ve done, my entire career.”

Michael Bruxo
Michael Bruxo

Journalist for the Portugal Resident.

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