Football players Cristiano Ronaldo and Lionel Messi have surpassed $1 billion in career earnings. Getty
Football players Cristiano Ronaldo and Lionel Messi have surpassed $1 billion in career earnings. Getty
Football players Cristiano Ronaldo and Lionel Messi have surpassed $1 billion in career earnings. Getty
Football players Cristiano Ronaldo and Lionel Messi have surpassed $1 billion in career earnings. Getty

Celebrity Net Worth: Who earns more - Ronaldo or Messi?


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Cristiano Ronaldo

Arch-rivals Cristiano Ronaldo and Lionel Messi have both surpassed $1 billion in career earnings, but the Portuguese forward earned more than his Argentinian counterpart over the past 12 months.

Ronaldo, 38, earned $136 million in the year to May 1, making him the world’s highest-earning athlete, according to the latest data by Forbes magazine.

The total includes $46 million from his salary and bonuses while his off-pitch income from endorsements, licensing fees and other businesses brought in another $90 million.

That is in contrast to last year, when Messi led the list with $130 million in earnings. This year, Messi, 35, has been pushed into second place, with his estimated income over the past 12 months remaining at $130 million.

Moving to the Gulf boosted Ronaldo’s take-home pay. He joined Saudi Arabia’s Al-Nassr football club in January, having ended a second stint with Manchester United late last year. The move boosted his annual playing salary to an estimated $75 million.

With more than 850 million social media followers, Ronaldo is a magnet for the world’s biggest brands.

His massive influence has led to sponsorship deals with Nike (with whom he has a lifetime contract), Armani, Converse, Therabody, Delivery Hero and, most recently, cryptocurrency exchange Binance.

Additional income comes from his CR7-branded clothing, accessories, hotels and gyms.

Forbes puts Ronaldo’s lifetime earnings at $1.24 billion. He is estimated to have a net worth of $500 million after tax, according to wealth tracking website Celebrity Net Worth, although the total does not account for his Al-Nassr salary.

Messi, by contrast, has a net worth estimated by Celebrity Net Worth at $600 million.

Lionel Messi takes family holiday to Saudi Arabia — in pictures

The Argentine’s next step remains uncertain as his two-year contract with Paris St Germain ends this year.

His earnings over the past 12 months have been evenly split, with his on-field and off-field incomes totalling $65 million each.

After leading Argentina to a Fifa World Cup victory in Qatar last year, he remains a popular choice for brand endorsements, including adidas, PepsiCo and fan platform Socios, which pays him an estimated $20 million a year.

In October, he launched Play Time to invest in sports and technology as a potential post-retirement income stream.

Oprah Winfrey has invested in in molecular skincare brand Dr Barbara Sturm. AFP
Oprah Winfrey has invested in in molecular skincare brand Dr Barbara Sturm. AFP

Oprah Winfrey

Billionaire media mogul Oprah Winfrey has a reputation for only endorsing causes and products she believes in. Now she is kicking things up a notch with an investment in a molecular skincare brand that she swears by.

Last month, Winfrey announced an investment in the eponymous skincare line created by Dr Barbara Sturm. She said fashion designer Stella McCartney had sent her the products.

“I was like, ‘What is this? What is this?’ And I love it so much that I then called up Dr Barbara Sturm and said, ‘I want to invest in your company’. And I have never done that before. Ever. So, that’s how good the products are,” she told audience members during a live interview with the aesthetics doctor in New York City.

The brand was launched in 2014 and is stocked by retailers such as Sephora, Nordstrom and Amazon.

Winfrey, 69, has a net worth of $2.5 billion, according to Forbes. She transformed her talk show, which aired for 25 years, into a formidable media and business empire.

In 2011, Winfrey launched cable channel, OWN. About a decade later, she sold most of her shares in OWN to Discovery for more than $36 million in stock.

She also has a multiyear streaming deal with Apple TV+.

For more than two decades, Winfrey owned magazine O, The Oprah Magazine, in a joint venture with US publisher Hearst. The print edition closed in 2020 and the product was rebranded as the digital-first Oprah Daily.

Outside media, Winfrey has several investments, including a 10 per cent stake in Weight Watchers and equity in online education platform Guild.

She was an early backer of plant drink Oatly but exited the investment in 2021, according to investor information website CB Insights.

Winfrey has also built a real estate portfolio that includes property in California, Nashville and Hawaii.

Actor Suniel Shetty, has invested in food delivery platform Waayu. AFP
Actor Suniel Shetty, has invested in food delivery platform Waayu. AFP

Suniel Shetty

Actor and restaurateur Suniel Shetty is taking on the likes of Zomato and Swiggy in India with a food delivery platform that aims to upend the industry’s business model.

The app, Waayu, launched in Mumbai last week and is backed by the Indian Hotel and Restaurant Association. It does not take a commission on each order, charging a flat fee instead. There are 8,000 restaurants on the platform.

“I’m an equity holder in Waayu, as well as its brand ambassador,” India’s Mint newspaper quoted him as saying during the launch.

“India’s hospitality industry has grown manifold post-pandemic and both restaurateurs and customers will benefit from Waayu. The hospitality sector teaches you to acquire customers and that's been my learning right from the start when I worked with my dad in his restaurant.”

Waayu was founded by entrepreneurs Anirudha Kotgire and Mandar Lande.

Shetty, 61, has a net worth of $10 million, according to Celebrity Net Worth. He began his career as a Bollywood action hero in the early 1990s and has acted in more than 100 films.

His production company, Popcorn Motion Pictures, has produced several films, including Khel — No Ordinary Game, Bhagam Bhag and Rakht.

Outside entertainment, he has taken equity stakes in many companies, including non-fungible token marketplace Colexion, and health and wellness start-ups Vieroots and Fittr, according to investor information platform Crunchbase.

Shetty has also reportedly invested in men’s jewellery brand MetaMan, according to media reports.

He is looking to expand his investment portfolio in what he described as a “funding winter” for start-ups.

“I invest in founders like that of Waayu. They are not going to be thinking about their jets and Maybachs, but are going to be thinking of how to cover their backs,” he said.

Actor Ashton Kutcher has launched a new investment fund that will focus on artificial intelligence. Reuters
Actor Ashton Kutcher has launched a new investment fund that will focus on artificial intelligence. Reuters

Ashton Kutcher

Serial venture capital investor and actor Ashton Kutcher has launched a new investment fund focused on artificial intelligence start-ups.

He closed out the $243 million fund in over the space of a month, at a time when ChatGPT and other AI platforms are dominating headlines.

“We pulled the fund together in about five weeks,” Kutcher told Bloomberg Television. “We have a base of [limited partners] that have been with us for years on end.”

With the new fund, Kutcher’s Los Angeles-based Sound Ventures has about $1 billion in assets under management.

The new portfolio includes investments in OpenAI, the firm behind ChatGPT, Stability AI, which has developed text-to-image generator Stable Diffusion, and Anthropic, developer of the Claude chatbot available on Quora.

We’ve been investing in AI for the last seven years. But when we saw GPT launched, we realised that this was an absolute breakthrough
Ashton Kutcher

“We’ve been investing in AI for the last seven years,” Kutcher said. “But when we saw GPT … launched, we realised that this was an absolute breakthrough.”

Kutcher, 45, is one of the richest actors in the world with a net worth of about $200 million, according to Celebrity Net Worth.

The star of Dude, Where’s My Car and That 70s Show is a prolific investor. Sound Ventures, which Kutcher co-founded in 2012 with talent manager Guy Oseary, has made 186 investments, according to Crunchbase.

They include social media platform Pearpop, educational FinTech LearnLux, cloud start-up Molten, asset manager Ethic and construction rental company Equipment Share.

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The five pillars of Islam

1. Fasting 

2. Prayer 

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The Programme

Saturday, October 26: ‘The Time That Remains’ (2009) by Elia Suleiman
Saturday, November 2: ‘Beginners’ (2010) by Mike Mills
Saturday, November 16: ‘Finding Vivian Maier’ (2013) by John Maloof and Charlie Siskel
Tuesday, November 26: ‘All the President’s Men’ (1976) by Alan J Pakula
Saturday, December 7: ‘Timbuktu’ (2014) by Abderrahmane Sissako
Saturday, December 21: ‘Rams’ (2015) by Grimur Hakonarson

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Roll of honour

Who has won what so far in the West Asia Premiership season?

Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain

Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons

West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins

UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles

West Asia Cup - Winners: Bahrain; Runners up: Dubai Exiles

West Asia Trophy - Winners: Dubai Hurricanes; Runners up: DSC Eagles

Final West Asia Premiership standings - 1. Jebel Ali Dragons; 2. Abu Dhabi Harlequins; 3. Bahrain; 4. Dubai Exiles; 5. Dubai Hurricanes; 6. DSC Eagles; 7. Abu Dhabi Saracens

Fixture (UAE Premiership final) - Friday, April 13, Al Ain – Dubai Exiles v Abu Dhabi Harlequins

 

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Updated: May 15, 2023, 5:20 AM