Business! Cristiano Ronaldo makes major investment in Herbalife
Ronaldo is not only a master on the pitch, but he’s also proving his business acumen off it.
Details: As reported by Forbes, the 41-year-old Portuguese striker of Saudi side Al Nassr, Cristiano Ronaldo, has invested $7.5 million in the renowned company Herbalife, which develops and sells high-quality nutrition products and vitamins for weight management.
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This move can be seen as a deeper involvement at the co-ownership level in business ventures, rather than simply a sponsorship deal.
Such activities are nothing new for Ronaldo—last year, Cristiano became both an investor and the face of the AI startup Perplexity.
Ronaldo also owns a stake in his current club, Al Nassr, and operates the Pestana CR7 Hotels chain.
Ronaldo’s current contract with Al Nassr runs until 2027.
Reminder: Ronaldo’s former partner reveals she was offered money to criticise the footballer
Kenley Ward
Dailysports's expert