Beyond football; Meet Cristiano Ronaldo the entrepreneur

• Cristiano Ronaldo is one of the best players of all time. He has won seven league titles across the different countries he has played in. 
• Ronaldo, the first footballer to earn $1 billion, is one of the richest athletes worldwide. The 37-year-old has a net worth of around $500 million. 
• Cristiano Ronaldo has wisely invested his money in numerous businesses. He owns several hotels, fitness centres and a private jet which he rents. 

Cristiano Ronaldo is one of the greatest football players of all time. Outside football, Cristiano Ronaldo the entrepreneur has made millions from his successful businesses. 

The Manchester United forward is one of the highest-paid football players in the world. Ronaldo has wisely invested his money in businesses which have, in turn, increased his net worth. 

As of 2022, Cristiano Ronaldo’s net worth is $500 million, making him one of the richest athletes in the world.

Cristiano Ronaldo the entrepreneur. Photo/ Daily Pioneer.

Ronaldo’s net worth is $100 more than his great rival Lionel Messi. His net worth is more than double that of Neymar Jr, who is also one of the biggest commercial stars in football. 

Cristiano Ronaldo is the first footballer to earn $1 billion. The Portuguese forward is one of the most marketable athletes in the world. 

Ronaldo has several endorsement deals with top companies worldwide. His commercial earnings and endorsement deals have played a significant role in boosting his net worth. 

Cristiano Ronaldo the entrepreneur has six business units which bring him more income.

1. Hair Clinic 

The hair clinic is the latest business Cristiano Ronaldo the entrepreneur has invested in. The 37-year-old owns 50% of the shares at Insparya Hair Company. 

Insparya Hair Clinic is a medical group devoted exclusively to diagnosing, researching, and treating hair loss. The company boasts a perfect combination of expertise and a strong commitment to technological innovation. 

Before opening Insparya in Spain, the company had branches in Portugal, where it served over 45,000 clients. Cristiano Ronaldo’s company boasts over 13 years of experience in the hair transplant field. 

Georgina Rodriguez, Cristiano Ronaldo’s girlfriend, is the executor of Insparya Hair Clinic. 

2. CR7 Hotels 

Cristiano Ronaldo the entrepreneur has heavily invested in the hospitality industry. 

The CR7 hotels are a joint venture between Cristiano Ronaldo and Pestana Hotel Group, a Portuguese company in the tourism sector. 

The hotels are known as Pestana CR7, a combination of Cristiano’s and Pestana brands. According to Goal, two Pestana CR7 hotels are open; one in Lisbon and the other in Funchal. 

The Lisbon hotel is located in the Baixa Pombalina neighbourhood, near Praca do Comercio. On the other hand, the Funchal hotel is located on Avenida Sa Carneiro.

Pestana CR7 Hotel. Photo/ Booking.com.

Pestana CR7 intends to open other branches in New York, Marrakech, Manchester and Paris. Sources claim that the hotels in Manchester and Paris could open in 2023. 

3. Restaurants 

Cristiano Ronaldo is one of the celebrities who have stakes in Grupo Mabel Capital, the company behind the elite Zela restaurant. 

Apart from Cristiano Ronaldo, other celebrities who have invested in the company are Rafael Nadal, Enrique Iglesias and Pau Gasol. 

Zela restaurant has been built in London (England) and Ibiza (Spain). 

4. Private Jet 

Ronaldo owns a private jet which he uses for rental business. Hiring Ronaldo’s private jet for one hour costs around three thousand euros. 

In 2018, Cristiano Ronaldo the entrepreneur earned a profit of more than one million euros from his jet hiring business. 

5. Fitness Center

Cristiano Ronaldo has also invested in the fitness and gym world. In 2016, the 37-year-old signed a deal with Crunch Franchise to open CR7 Crunch Fitness. 

There are two CR7 Crunch Fitness centres in Madrid, Spain. However, Ronaldo has plans to open between 100 and 150 fitness centres in Europe. 

6. Clothing and Perfume 

Cristiano Ronaldo is one of the most stylish football players in the world. The five-time Ballon d’Or award winner owns a lingerie company for both adults and children. 

Cristiano Ronaldo opened a fashion boutique under the name CR7 on the island of Madeira in 2006. He later opened a second store in Lisbon in 2008. 

Ronaldo owns CR7 Denim, a jeans company. He also owns CR7 Blanket, a joint venture with Denali. 

The Portuguese forward and a British manufacturer owns Eden Perfume Cristiano Ronaldo Fragrance. The company creates fragrances to offer fans an olfactive experience in his world.