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Tuesday, May 28, 2024

Cristiano Ronaldo net worth 2024 – How he Rose from Poverty

Cristiano Ronaldo is a legend in the field of sports. His full name is Cristiano Ronaldo dos Santos Aveiro and is a star striker in Football. He was born on 5 February 1985 in Madeira, Portugal. Whichever team club he plays or joins, he is the highest-paid footballer. In the initial days before playing professionally, he faced a financial crunch while he was a child but soon rose to become a player with the highest net worth.  Not only this he is a highly skilled athlete having numerous records in his name. Let us now have a look at Cristiano Ronaldo’s journey and total net worth in dollars(USD) as well as Indian Rupees(INR). 

Cristiano Ronaldo’s Early Life and Childhood

Cristiano Ronaldo can also be referred to as a prodigy child. Cristiano Ronaldo dos Santos Aveiro was born on a Portuguese island called Madeira. The name of his neighborhood is  São Pedro parish at Funchal, on the island of Madeira where the football star has a luxurious house and visits frequently. But his life was not luxurious from the start. His parents were broke and often did odd jobs to sustain the large family. His mother’s name is Maria Dolores dos Santos Viveiros da Aveiro who worked as a cook and his father’s name is José Dinis Aveiro who worked as a municipal gardener. The couple has four children and Cristiano Ronaldo is the youngest among all. In an interview, his mother disclosed that she had decided to abort him because they were already struggling to fulfill the needs of the family but at that time abortion was illegal in Portugal. Thankfully the lawmakers did favor Cristiano Ronaldo who was inclined to play football since he was a child. The family’s religious beliefs were Roman Catholic and all four children grew up in that household inculcating all the values. Later their family conditions did improve when his father started working as a kit man. To devote more time to attaining new skills and techniques, Cristiano Ronaldo left school after 6th grade.

Cristiano Ronaldo’s football career

  • Cristiano Ronaldo’s professional career began in the year 1992 and his initial club was Andorinha where he attended their camps till 1995 while his father was working as a kit man there. Later he went to  Nacional and played there for another two years. Sporting CP was the first club that gave him the first breakthrough and signed him for £1,500. To pursue further his dreams, he had to move to  Alcochete, Lisbon, and join Sporting’s youth academy. 
  • He was only 14 years of age when he told his mother that he would build a career in Football and would have to leave school for the same reasons. His mother trusted him and this is the reason why we are witnessing his sheer passion for the game today. But there was still a large hurdle between his dreams and reality. He was diagnosed with tachycardia, which is a rare form of a heart condition. Cristiano Ronaldo underwent the surgery and restarted his career in Football after recovering.

Cristiano Ronaldo’s total net worth

Club career – The main source of income in any popular sport is through franchises and clubs. Like in cricket, we have IPL teams, those teams in football terminology are called clubs. Here is the list of all the clubs Cristiano Ronaldo has played for or has been signed.

CRISTIANO RONALDO TOTAL NET WORTH

NET WORTH FROM  FOOTBALL CLUBS NET WORTH IN EUROS NET WORTH IN INDIAN DOLLARS (USD) TOTAL NET WORTH OF CHRISTIIANO RONALDO IN INDIAN RUPEES (INR)
Sporting CP 10 MILLION EUROS 11.5 MILLION USD 12 CRORE
Manchester United 50 MILLION EUROS  55 MILLION USD 60 CRORE
Real Madrid  80 MILLION EUROS 95 MILLION USD 100 CRORE
Juventus 130 MILLION EUROS 150 MILLION USD 150 CRORE
Manchester United 250 MILLION EUROS 280 MILLION USD 300 CRORE
Al Nassr  200 MILLION EUROS + 90 MILLION ANNUAL SALARY 230 MILLION USD + 95 MILLION USD ANNUAL SALARY  800 CRORE + 100 CRORE ANNUAL SALARY
Portugal National Football Team 1.5 MILLION EUROS SALARY PER MONTH 2 MILLION USD SALARY PER MONTH 3 CRORE SALARY PER MONTH
TOTAL NET WORTH OF CRISTIANO RONALDO  TOTAL NET WORTH OF CRISTIANO RONALDO IN EUROS TOTAL NET WORTH OF CRISTIANO RONALDO IN USD TOTAL NET WORTH OF CRISTIANO RONALDO IN INDIAN RUPEES (INR)
5 BILLION EUROS 5.8 BILLION DOLLARS ( USD) 1200 CRORE

Sporting CP – As mentioned previously Sporting CP signed him when he was just 16 years of age. His initial signing amount was £1,500 but after the end of the season, he was offered  £12.50 million as the remaining amount. In 2013 he left Sporting CP.

Manchester United – Manchester United is one of the decorated clubs from the English Premier League where many star footballers like David Beckham have played. Manchester United signed the first Portuguese player in their history and Cristiano Ronaldo holds the record of being the most expensive teenager in the English Premier League. He was signed by Manchester United for 50 million pounds at that time.

Real Madrid – Real Madrid is a Spanish club and the most expensive club in the world. Real Madrid absorbed Cristiano Ronaldo when he was relieved from Manchester United. Here also he was given a record-breaking amount to play for the club. Initially, he was offered £80 million along with some fixed percentage of the royalty from viewership. He became the all-time lead scorer for Real Madrid. 

Juventus – After negotiating with Real Madrid about his contract renewal, Cristiano Ronaldo was immediately signed by the famous Italian club Juventus. Juventus signed him for a whopping 100 million euros upfront and paid him 12 million euros from brand endorsement royalties. His transfer amount from Real Madrid to Juventus was the highest for a player of 30+ years of age in Football history.

Manchester United yet again – In the year 2021 when his contract was over, Manchester United rushed toward Cristiano Ronaldo and offered him 250 million Euros. Cristiano Ronaldo accepted their offer and was released in 2022. 

Al Nassr – Al Nassr already approached Cristiano Ronaldo while he was playing for Manchester United and his contract was about to expire. Al Nassr is a Saudi Arabian Club and they offered Cristiano Ronaldo 200 million euros as a signing amount and 12% of the brand value in royalty. Additionally, he is also given 90 million euros as an annual salary for playing for the Al Nassr club. 

Portugal National Football Team – Cristiano Ronaldo is a member and captain of the Portugal National Football Team. He first played for Portugal in the Under 15 tournament. Playing for Portugal, Cristiano Ronaldo has made several appearances in world cups and other FIFA tournaments. The annual salary that he receives from the Portuguese Football Federation is £1,400,000 as of 2023.

Brand value – Cristiano Ronaldo is 38 years of age but is very much active for his age. He has appeared in advertisements and endorsed many brands, especially health supplements, luxury watches, and sports goods brands. Cristiano Ronaldo has immense popularity and business acumen. A couple of years ago in a press conference, he removed Coca-Cola bottles from the podium and the shares of the company fell by 10 percent. Cristiano Ronaldo is the most followed individual, athlete, and celebrity on the Instagram platform. The Footballer has 601 million followers on the platform. Here is a list of the brands he endorsed so far. 

  • Armani
  • TAG Heuer
  • Nike
  • DAZN
  • Altice Portugal
  • American Tourister
  • LiveScore
  • Louis Vuitton
  • Binance
  • Ursu9
  • EA FIFA
  • Shopee
  • Emirates Airlines
  • KFC
  • zuzuGP
  • SFR telecom
  • Bugatti
  • ESPN
  • Tensports
  • Adidas
  • Puma
  • Umbro

In all the brands he either performs solo or with other celebrities such as Roger Federer, Messi, Mbappe, and others. During a match to tie his football shoes, he received 12 million euros from Nike. He is a fitness icon and has his brand with the name CR7 that makes health, and fitness products, and merchandise. Even for posting a single post on Instagram, he receives 10 million euros per post. 

Other assets – Apart from his positive cash flow he also has decent investments in other categories such as gold, NFTs, stocks, and crypto. He has won 4 golden boots and 5 golden boots so far, apart from this his physical gold investments include jewelry from premium luxury brands. Taking account of the gold value and stardom, all his gold assets come to around 250 million pounds. In NFTs and other digital assets, he has heavily invested in Binance. His stocks and investments portfolio is managed by a team and has invested 1 Billion dollars so far. In real estate, he has luxurious houses and villas in different parts of the world. Apart from Portugal, he has properties in Miami, Madrid, London, Qatar, Dubai, Doha, Hawaii, New York, and Lisbon. 

Car collection – Cristiano Ronaldo is fond of the big boy toys. He has a fleet of luxurious sports cars that often accompany him wherever he goes. All these cars he has bought himself or received as gifts from either endorsements or in the form of prizes. Since he is the brand ambassador of Bugatti, he has three models of sports cars in his garage. He mostly uses the Bugatti car while traveling.

  •  All three models of the car include Bugatti Veyron, Bugatti Chiron, and Bugatti Centodieci. The total value of all three cars is above 15 million dollars. The other car brands include McLaren Senna which he bought for his mother for 1 million dollars. The English luxury car maker Rolls Royce also has made space in his collection. He has often been spotted driving Phantom & Rolls-Royce Cullinan while in London. 
  • The value of each Rolls Royce is 10 million dollars. His other collection in the Fleet involves a Ferrari trio, Lamborghini Aventador, and Aston Martin DB9 cars which are often seen in his fleet and are above 3 million dollars each. Recently when he met Youtuber I Show Speed, he got a Bentley Flying Spur which he has bought recently and is priced around 2.5 million dollars. 
  • He also has a good collection of old cars he bought in his initial days. In the old car collection, he has an Audi R8, BMW m6, Mercedes G-Class, Mercedes-Benz C-Class Sports Coupe, and Porsche Cayenne which are over 30 million dollars of collective net worth. In May 2023, when he was signed by the Saudi Arabian club Al Nassr, the news was rumored that the Arabian prince gifted him a gold-plated Suzuki Hayabusa Bike however there is not any credible data to substantiate this claim.
  • Liabilities – Cristiano Ronaldo is married to Georgina Rodríguez who was working at a Gucci Store in Madrid as a sales assistant. She was born on 27 January 1994 in Argentina. The couple has 6 children. 3 of their own while 3 from surrogacy.  
  • Cristiano Junior was their first son and was born in 2010. In 2017, Eva María and Mateo were born through surrogate mothers. In 2017, they again had a daughter whom they named  Alana Martina. In the year 2022, tragedy struck the family when they were blessed with twins, their newborn baby Angel died due to complications whereas Bella Esmeralda survived.
  •  All his family leads a luxurious life and often goes on vacations.
  • Apart from this, he has ailing parents and cousins whom he supports whenever in need. He also has to pay his PR team who help him in managing deals, risk analysis, and maintaining his brand image. Cristiano Ronaldo himself spends millions in keeping himself fit. 
  • He is an athlete by profession and is often injured during the game so he has a set of highly qualified doctors who work hard so that he is back on the field again. To maintain his physique and be fit for the game, he often has to undergo surgeries and take health supplements which are followed by a nutrition-rich diet.  So taking all into account he has to spend nearly half of his income in liabilities. 

So taking account of his brand image, endorsements, fees, salary, royalty, gifts, prize money, investments, real estate, and other perks and benefits, he is the most expensive player so far. Cristiano Ronaldo’s total net worth considering all the factors is 5 Billion dollars which is no surprise looking at his popularity and the time he has been playing Football actively.  He remains the highly paid Footballer followed by  Lionel Messi and Kylian Mbappé.

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