Cristiano Ronaldo named the first ever billionaire footballer, according to Bloomberg

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According to Bloomberg, Cristiano Ronaldo has become the first billionaire footballer in history. The leading US financial news agency estimates the Portuguese footballer’s net worth at around $1.4bn, making him one of the Bloomberg Billionaires Index.

A decisive contribution in propelling the former Manchester United, Real Madrid and Juventus striker to a nine-figure fortune came not only from sponsorship deals with Nike and Armani, but also from his contract extension with Al-Nassr, signed in June last year, which is said to have earned the Portuguese player more than $400 million.

The income earned in Saudi Arabia is tax-free and his contract also includes a stake in the club and access to a private jet, according to sources.

Investing in Portugal

Cristiano Ronaldo prefers to direct his investments in his native Portugal, where he analyses potential deals with a small group of trusted people. One example is his interest in the City…

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