Cristiano Ronaldo becomes first football player to hit the $1bn mark

Ronaldo's with his Ballon d' Or award
Ernest Sunday

Cristiano Ronaldo has become the first football player to reach $1bn despite the economic downturn by coronavirus pandemic.

Cristiano Ronaldo's business off the pitch has made him not to notice the financial hit among footballers around the globe by coronavirus pandemic.

Despite helping Juventus to save money by taking a pay cut of £3.45million with the rest of his team-mates, his business is still earning him a lot.

According to Forbes, the Juventus striker earned a huge £89m last year, but his Juventus wages accommodate for marginally over half of that income at about £53m, once bonuses are all counted.

Forbes stated that Ronaldo earns £36m a year from his endorsements, including his sponsorship agreement with Nike which will continue after retirement from football, his underwear brand and other projects like footwear and cologne.

Reaching all these miles according to Forbes has made him become the third active athlete to hit $1bn following Floyd Mayweather who has a good career in boxing over the years and Tiger Woods who plays golf.

Ronaldo has had a good career over the years winning five Champions League, five Ballon D'or and also Euro Cup with his country Portugal. He also won league cups in England, Spain and Italy respectively.

He is currently the third-highest paid player, after his award rival, Lionel Messi and Paris Saint-Germain forward Neymar, but still hit the first billionaire due to his success in business.

Ronaldo had been on self-isolation with his family in Madeira since the coronavirus pandemic hit on Italy. He is back in Italy training again and gearing up for the resumption of Italian Serie A which shot down in March due to coronavirus pandemic.

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