Cristiano Ronaldo is now the first billionaire footballer

Cristiano Ronaldo has become the first football player to achieve billionaire status, as per the most recent Bloomberg Billionaires Index. The Portugal great’s estimated net worth is $1.4 billion. After reportedly agreeing to a new deal worth over $400 million with Saudi team Al Nassr in June, the 40-year-old striker’s fortunes began to rise. In addition to a ten-year Nike contract for around $18 million a year, Ronaldo made over $550 million in compensation between 2002 and 2023, according to Bloomberg. He also received lucrative endorsement deals with Armani, Castrol, and other brands, which increased his wealth by more than $175 million. With an annual salary of 177 million pounds ($237.52 million), incentives, and an estimated 15% stake in his Saudi Arabian club, Ronaldo was already the highest-paid football player in history when he moved from Manchester United to Al-Nassr in 2023.

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