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Forbes Declares Cristiano Ronaldo First Football Billionaire

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  • Forbes Declares Cristiano Ronald First Football Billionaire

Forbes, an American Magazine that conducts billionaires’ list, has declared Cristiano Ronaldo the first footballer to attain billionaire status on Thursday.

The 35 years old, Juventus and Portugal forward, is now the only third athlete to hit the mark while still active, the other two were Tiger Woods and Floyd Mayweather Jr.

According to a tweet put out by Forbes, “Cristiano Ronaldo earned $105 million in the past year, landing him at No. 4 on the 2020 Forbes #Celeb100 list, one spot above Lionel Messi—and making him the first soccer player in history to earn $1 billion”

However, the footballer is the first to reach such a milestone in a team sport.

“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,” Forbes reported.

“Messi, who began playing at the senior level three years after Ronaldo, has earned a total of $605 million in salary since 2005. The only team athlete to even come within striking distance of those figures was former New York Yankees slugger Alex Rodriguez, who retired in 2016 after 22 years in Major League Baseball having earned $450 million in salary.

“Not even soccer legend David Beckham came close, ending his career with total earnings of $500 million, half of which came from off-the-pitch endorsements.”

“Cristiano Ronaldo is one of the greatest players of all time, in the world’s most popular sport, in an era when football has never been so rich,” said Sporting Intelligence’s Nick Harris, whose Global Sports Salaries Survey ranks teams worldwide based on total salary expense. “He’s box office.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.