How Ronaldo spends his
millions
On November 13, 201610:33 pmIn SportsComments
Cristiano Ronaldo, Real Madrid striker earned $88 million in the last 12
months, according to Forbes, making him the highest-paid sports star in
the world.
About $32 million of the estimated income comes from endorsement deals
with companies like Tag Heuer and Nike. From Nike, he earns about $13
million per year. He has been part of Nike’s team since 2003.
He also has deals with companies like Herbalife, Castrol, Samsung, and
KFC.
He can now add a new title: lifetime Nike athlete.
Ronaldo in his new Bugatti
Ronaldo in his new Bugatti
He is the third athlete to sign a lifetime deal with Nike, joining
LeBron James and Michael Jordan.
Ronaldo’s new deal with Nike will reportedly pay him $24 million per
year for the rest of his life. At that rate, the deal will reach $1
billion in total value when Ronaldo is 73 years old.
Ronaldo also last week signed a new deal with Real Madrid that will keep
him with his club team for at least the next five seasons.
That deal is reportedly worth $460,000 per week or about $24 million per
year, and will keep him in Madrid until he is at least 36.
The Nike and club deals, along with some of the biggest endorsement
deals in football, give the Portuguese captain a ludicrous amount of
cash to burn.
Just how does he spend the millions rolling in?
One of Ronaldo’s biggest hobbies is cars. He drives a $300,000
Lamborghini Aventador, along with his Maserati. He also owns a Bentley, a
Porsche, and a Mercedes, among others.
He lives in a $7.1 million villa in La Finca — an exclusive community in
Madrid built by architect Joaquin Torres. In 2015 he reportedly dropped
$18.5 million on an apartment in Manhattan’s Trump Towers.
He has opened a gorgeous, football-themed hotel in his hometown of
Madeira, Portugal.
Ronaldo so much liked a wax statue of himself that he reportedly spent
$31,000 to have one made that he could keep.
The original is at Madrid’s Museum of Wax and Ronaldo reportedly
provides a hair stylist who shows up once a month to the museum to make
sure the hairstyle is current. Presumably he does the same with the
statue at his home.
Ronaldo is also a fashion aficionado. In fact he’s just as comfortable
in expensive suits as he is in a football kit.
There’s also his charity work, including a donation of $165,000 to a
Portuguese cancer centre and $83,000 to fund a 10-year-old fan’s brain
surgery.
Read more at: http://www.vanguardngr.com/2016/11/ronaldo-spends-millions/
Read more at: http://www.vanguardngr.com/2016/11/ronaldo-spends-millions/
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