Cristiano Ronaldo is one of the greatest players to have ever graced the world of football. The Portugal international has lifted the Champions League trophy five times throughout his illustrious career and has won the Ballon d’Or five times for his remarkable performances. In this article, we will talk about Cristiano Ronaldo Net Worth & Money and give you an idea of how much of his on-field success has translated to financial splendour.
In the following sections, we will break down Cristiano Ronaldo’s net worth. How much money does he make per week? We will go over that on the Cristiano Ronaldo’s salary portion. How much does he spend on philanthropic purposes? Go through the Cristiano charity section to find that out. Without further ado, let’s get started.
Cristiano Ronaldo Net Worth
|Cristiano Ronaldo’s Net Worth 2023||$900,000,000|
In 2020, Cristiano Ronaldo made history, becoming the first footballer to cross the billion-dollar mark in assets. In 2019, he brought in a whopping $105 million from his salaries, endorsements, and other revenue sources, which catapulted his wealth beyond the 10 figure mark. However, most credible sources report that Cristiano Ronaldo’s net worth in 2023 is around 900 million dollars.
Did he lose half of his wealth over a year? It is not as simple as that. When we calculate net worth, we will have to consider the liabilities of a person and his assets. When news outlets reported that Ronaldo has a net worth north of a billion-dollar mark, they misled the readers,
The numbers they reported was his total asset value. When you factor in the liabilities, the net worth comes down to half a billion.
Cristiano Ronaldo Salary
Cristiano Ronaldo has commanded the highest salary at the clubs he has been in the last 15 years of his career, for a good reason. Apart from winning trophies for his respective clubs, he has also boosted their commercial appeal, thanks to his great marketability among football fans worldwide.
In the first three months of Juventus signing Ronaldo, the Turin club’s stocks skyrocketed. On July 3, the price of a Juventus share stood at €0.69. By September, the price reached €1.57, more than a twofold increase.
Here is a simple example. Let’s say you had invested a thousand euros in Juventus stocks before the club signed Ronaldo. Three months after the club signed Ronaldo, you would have made more than €2200.
How much does he make at Manchester United? Preliminary reports suggested that the 36-year-old receives a £480,000 paycheck every week. Daily Mail later refuted that claim and revealed that Ronaldo makes almost £100,000 less (£385,000). A lot more than when he first signed for Sir Alex Ferguson
Even though the figure is smaller than the initially reported one, it is still a considerable sum, and it makes the forward the highest-paid player in the Premier League.
What makes this even more interesting is, Ronaldo had taken a pay cut to return to Manchester United. At Juventus, Ronaldo warranted £500,000 every week. His agent wanted to negotiate a yearly deal of £20 million at United, but the final agreement sealed an annual compensation of £13 million.
Before making a £105 million move to Juventus in 2018, Ronaldo was drawing £365,000 per week pre bonuses at Real Madrid as part of a contract he signed on September 2016.
Cristiano Ronaldo’s Social Media Income
In 2020, a study revealed that Cristiano Ronaldo made more than £41 million over the preceding twelve months through Instagram posts. The money came from paid posts he put out from his sponsors. The figure was higher than the money Cristiano made playing for Juventus. His yearly Juventus salary was £27 million, £14 million less than the money he made on Instagram.
For every promotional post, Ronaldo made £971,000. Lionel Messi was Ronaldo’s nearest competition in Instagram earnings, who banked only £25 million over the same period.
Ronaldo was not only the highest-paid footballer on Instagram, but he was also the highest-paid celebrity on the platform overall, beating the likes of Kendal Jenner and Kim Kardashian.
Cristiano Ronaldo has more than 500 million followers across his Instagram, Twitter, and Facebook accounts. Social media analytics company Hookit reported that he was generating $75 million in value for his sponsors in 2020.
Nike has been Cristiano Ronaldo’s most prominent sponsor till now. The US sportswear giant is trimming its list of sponsored footballers, but Cristiano Ronaldo continues to be the crown jewel in their endorsement portfolio. Even though no official confirmation was made, the word on the street is that Ronaldo and Nike have a lifetime agreement, just like Nike does with NBA legend Lebron James.
Apart from Nike, Armani, Tag Heuer, Egyptian Steel, Castrol and many other brands sponsor Ronaldo.
Ronaldo does not only advertise products for others, but he has his brand to sell. Primarily, his personal range of products focuses on men’s undergarments. On top of that, the Cr7 brand also markets fragrances, toiletries and other products. In 2021, Financial Express reported that the brand value of Cr7 has exceeded €100 million. We are sure more recent studies would reveal a higher number.
Ronaldo also has a hotel chain. Pestana Cr7 started its operation in Lisbon, Portugal. Then, it branched out to Funchal and Madeira, which is the hometown of Ronaldo. In 2016, Ronaldo entered the fitness business world when he signed with US health company Crunch to start CR7 fitness in Madrid.
Three years later, Ronaldo started Insparya, which is a hair transplant clinic in Spain.
All this information on Cristiano Ronaldo’s net worth & money might make you wonder how much he spends on charity? As it turns out, he is quite a generous donor. In 2015, Dosomething.org announced him as the best charitable athlete in the world.
The website made that claim citing Ronaldo’s persistent efforts to fight global hunger, child poverty, and other social problems. They specifically spoke of an $83,000 donation he made to fund the brain surgery of a 10-year-old patient.
After winning his first international trophy with Portugal in 2016, Ronaldo donated his entire bonus, which amounts to €600,000, to a non-profit. The Manchester United number seven has collaborated with the likes of UNICEF and World Vision to help their noble causes.
So, that is all there is to know about Cristiano Ronaldo net worth & money. He is the wealthiest footballer globally, but he gives back substantially to aid the less fortunate. Ronaldo has also exhibited good judgment on business decisions. So, we believe his wealth will continue to grow well beyond his retirement.