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6 Successful Business Ventures of Cristiano Ronaldo
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“I think I’m the most complete football player that has ever existed. People could like Messi, Maradona, or Pele, and I respect that, but I’m the most complete. I’ve never had a bad relationship with Messi. We’ve shared 15 years of awards, and we’ve always gotten along well. I remember that I used to translate English for him, and it was very funny,” with this statement, Cristiano Ronaldo has been making headlines on the internet. With the same assurance and self-worth that he has consistently displayed throughout his prosperous career that currently resides at Al-Nassr Football Club, Cristiano recently celebrated his 40th birthday. Let’s delve into the multi-millionaire emperor’s accomplishments, business, and career.
Cristiano Ronaldo: A Legend
Cristiano had a tough childhood. His war-veteran turned alcoholic father, Jose Dinis Aveiro, passed away when he was twenty years old. He expressed sorrow that they never had a meaningful conversation and that his father was not around to see Cristiano's ascent to stardom or to partake in the celebration of his accolades. Cristiano continues to believe his success was the result of his father keeping watch over him from heaven.
Cristiano started his relationship with football by working as a kit man at the local football club, where he played for CF Andorinha. Before making his Sporting first-team debut in 2002, Cristiano played for Clube Desportivo Nacional of Madeira and Sporting Clube de Portugal. He was unable to stay off the pitch despite having a heart procedure at the age of 15.
Cristiano’s godfather, Fernao Sousa, says, "All he wanted to do as a boy was play football. He loved the game so much he'd miss meals or escape out of his bedroom window with a ball when he was supposed to be doing his homework."
Today, after more than two decades, five Ballon d'Ors, countless awards and recognition, and breaking almost all records in football later, Cristiano leads the most luxurious lifestyle imaginable. But sport alone isn't the source of his opulent lifestyle and unrivaled wealth. With an estimated yearly income of €172 million, Cristiano is among the highest-paid athletes in the world.
The striker's work ethic and playing skills earned him recognition, but he is also a savvy businessman. Cristiano's football career has brought him unprecedented wealth, and his commercial endeavors are still growing. With investments in multiple companies, the 40-year-old has a reputation for diversifying his income and building a sizable portfolio. As he nears the end of his playing career, his commercial interests are only expanding.
When the Portugal icon finally decides to hang up his boots, this will undoubtedly guarantee that he has plenty to occupy his time. Cristiano Ronaldo is predicted to have a net worth of between $550 million and $650 million in 2024. Let’s look into the businesses Cristiano leads.
Businesses
Pestana CR7
Cristiano and Pestana Hotel Group, a Portuguese tourist company that subsequently changed its name to Pestana CR7, have partnered to create this hotel brand. It was initially set up in Funchal, Madeira, Ronaldo's hometown in Portugal. However, the company has now spread to cities including New York City, Lisbon, and Madrid.
CR7 Lifestyle Brand
He has made significant investments in the fashion industry, suggesting that he enjoys it. His personal brand, CR7, manufactures a variety of goods, such as apparel, accessories, shoes, fragrances, and eyewear. Ronaldo has a business that makes undergarments for both genders. Additionally, he developed Eden Perfume Cristiano Ronaldo Fragrance in partnership with a British perfume producer.
Gym and Fitness Centre
It should come as no surprise that Ronaldo, who is among the world's most fit athletes even when he is 40 years old, is giving back some motivation by co-owning a chain of fitness centers. In 2016, Cristiano Ronaldo agreed to open CR7 Crunch Fitness under a contract with Crunch Franchise. It has only been established in Portugal and Spain thus far.
Restaurants
Groupo Mabel Capital, the firm that owns the upscale eatery Zela, is owned by Cristiano, Rafael Nadal, Pau Gasol, and singer Enrique Iglesias. Together, they own a few eateries in a variety of places, including Madrid, Beverly Hills, Ibiza, and Doha.
Hair Clinic
It is among Ronaldo's most recent ventures. While playing for Juventus, Ronaldo established a hair clinic, Insparya, in Spain, providing transplant services to help individuals feel better about themselves. In addition to designating his fiancée, Georgina Rodriguez, as the executor, Ronaldo holds 50 percent of the company's shares. This venture has several branches in Portugal.
Private Jet Services
Cristiano owns multiple private jets. He recently bought a $73 million Gulfstream G650, one of the fastest private jets in the world. His new Gulfstream has a range of 7,500 nautical miles and a luxurious interior that can accommodate 19 passengers. This is an upgrade from his previous private jet, a Gulfstream G200, which he sold for $24 million. Even though he doesn't rent out this new jet, Cristiano rents out his other private jets, including a Bombardier Global Express 6500, opening a new revenue stream. It costs about three thousand euros an hour to rent. Among the most lucrative ventures in his portfolio is this one. He has also made numerous investments in businesses, such as tech firms, energy companies, and health enterprises.