Cristiano Ronaldo becomes first footballer to become billionaire.
Juventus talisman Cristiano Ronaldo will become the third sportsman in the world after golf star Tiger Woods and boxer Floyd Mayweather Jr to have earned $1bn during his career.
Juventus club announced a massive pay cut to help them during a period with loss of revenue,during covid-19 pandemic but it won’t affect the Portuguese superstar too much.
Thanks to the brand that is CR7, he exclusively earned about €100m only in 2019, but in his career, he is expected to reach the $1bn club in 2019-20, even with the three-month pay cut at the Bianconeri.
Only Barcelona star Lionel Messi earned more than Cristiano Ronaldo last season, but the fact that the 35-year-old has almost played 18 seasons of professional football helps him become the first-ever footballer to reach $1bn during his career.
Business Insider also reports that Roger Federer will become the first billionaire in tennis this year.
Only golf and boxing champions have reached numbers that level of the active players, whilst basketball legend Michael Jordan is the third member currently in the club.
The 35-year-old player is the third sports star to reach the milestone, joining Tiger Woods and Floyd Mayweather Jr, according to Forbes.
Ronaldo, who is in his second season with Juventus, earned $60 million in salary over the last year, even after taking a 30 percent pay cut because of the coronavirus pandemic in April
In his 17-year-old career, he has earned $650 million in salary during his career and is now set to reach $765 million in career salary when his current contract with Juventus concludes in June 2022.
The rest (roughly $350 million) comes from sponsorship deals with big brands.
His rival, Lionel Messi has earned a total of $605 million in salary since his professional debut 2005, and is expected to reach the $1bn mark next year.
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