Cristiano Ronaldo is football's first-ever billionaire: he went from begging for burgers outside McDonald's to landing a $400 million-plus tax-free Saudi contract | Fortune
Briefly

Cristiano Ronaldo is football's first-ever billionaire: he went from begging for burgers outside McDonald's to landing a $400 million-plus tax-free Saudi contract | Fortune
"Cristiano Ronaldo has long been one of football's (or soccer's) greatest goal-scorers, dazzling millions of fans at top European clubs including Manchester United, Real Madrid, and Juventus. Now, he's reached another milestone-becoming the sport's first-ever billionaire. Fueled by lucrative endorsements, savvy investments, and a record-breaking salary, Ronaldo's net worth has topped $1.4 billion, according to the Bloomberg Billionaires Index. His latest contract renewal with Saudi Arabian club Al-Nassr is reportedly worth more than $400 million alone-all tax-free."
"He has spoken openly about living in poverty, while growing up on the island of Madeira, Portugal. "When I was a kid, 11 or 12 years old, we didn't have money," he recalled to ITV in 2019. As the youngest of four with an alcoholic father, his family struggled so much financially that his mother wanted to abort him. He and his siblings would often wait outside a local McDonald's late at night, hoping the workers might sneak them leftover Big Macs."
Cristiano Ronaldo became the first footballer to reach billionaire status, with a net worth exceeding $1.4 billion as reported by the Bloomberg Billionaires Index. A contract renewal with Saudi club Al-Nassr reportedly exceeds $400 million tax-free. Major endorsement deals and investments, including a decade-long Nike agreement reportedly earning nearly $18 million annually and other campaigns contributing over $175 million, substantially boosted his earnings. Global recognition includes more than 665 million Instagram followers. Ronaldo grew up in poverty on Madeira, Portugal, and recounted childhood hunger and family financial struggles. He also owns the CR7 brand and partners with numerous global companies.
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