Cristiano Ronaldo becomes First Footballer to Join the Billionaire Club

June 7, 2020
First published on:June 6, 2020
by Jack Ol

Portuguese and Juventus forward Cristiano Ronaldo has joined Tiger Woods and Floyd Mayweather in the Billionaire club and has become the first footballer to earn a ten-figure amount. Forbes recently named Ronaldo the highest-earning footballer in 2020 and the second highest-earning athlete only behind Roger Federer which helped he cross the $1 billion mark.

The 35-year-old athlete earned $105 million (£83m) before tax in the last year, taking his total worth over the $1 billion (£789m) mark. He earned £1.9 million from Instagram alone and $65 million more from annual salary and bonus at current club Juventus. $45 million earnings came from his deal with Nike.

 

 

Ronaldo has surpassed his arch-rival, Lionel Messi, in the highest-earning footballer list. Messi is expected to join the billionaire club in the next year. He earned $104m (£82m) in the last year and was the third highest-earning athlete.

The Portuguese captain made most of the money from his salary which is $650m (£513m) in wages over his 17 years as a professional athlete. Forbes reported Ronaldo's achievement and wrote:

"Ronaldo, the first to reach the earnings milestone in a team sport, has made $650 million on the pitch during his 17 years as a pro and is expected to reach $765 million in career salary with his current contract, which ends in June 2022."