Cristiano Ronaldo has been crowned the world’s first billionaire footballer in history according to Forbes Magazine in its 2020 list of top 100 Celebrities.
The 35-year-old Juventus and Portugal striker hit the billionaire status after he “earned $105 million before taxes and fees in the past year, landing him at No. 4 on the 2020 Forbes Celebrity 100, one spot above his top rival in the sport, Lionel Messi”, said the magazine.
“Ronaldo is only the third athlete to hit the mark while still playing following Tiger Woods, who did it in 2009 on the back of his long term endorsement deal with Nike, and Floyd Mayweather in 2017, who’s made most of his income from a cut of pay-per-view sales for his boxing matches.”
“Ronaldo, the first to do it in a team sport, has made $650 million during his 17 years on the pitch, and is expected to reach $765 million in career salary after his current contract ends in June 2022.”
He is the third sportsperson to ink a lifetime deal with Nike after Michael Jordan and LeBron James, with annual pay of upwards of $20 million.