Cristiano Ronaldo: How the biggest sports star on the planet makes and spends his millions

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Cristiano Ronaldo is the most famous athlete on the planet, and he is now a member of Italian powerhouse Juventus after nine seasons with Real Madrid.

With a Juve salary in the tens of millions and some of the biggest endorsement deals in football, he was the third highest-paid athlete in the world in 2018, behind only Floyd Mayweather and fellow superstar Lionel Messi. As a result, he also has a ludicrous amount of cash to burn.

Find out how he earns his money and what he spends all that cash on below.

Tony Manfred and Melissa Stranger also contributed to this post.

Ronaldo earned $108 million (£81.5 million) in the last 12 months, according to Forbes, making him one of the highest-paid sports stars in the world.

Source: Forbes

Almost half of that income ($47 million, £35.5 million) was from endorsement deals with companies like Tag Heuer, Herbalife, and Nike.

Ronaldo’s new deal with Nike will reportedly pay him over £19 million per year for the rest of his life. At that rate, the deal will reach £800 million ($1 billion) in total value when Ronaldo is 73 years old.

Source: Forbes

See the rest of the story at Business Insider …read more

Source:: Business Insider – Sports

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