Cristiano Ronaldo might just be the most influential footballer of all time. Furthermore, his career is simply unsurpassed, amid the Portuguese superstar’s on-field accomplishments. Besides that, Cristiano is also famous for his popular business ventures. Owing to his weaving profitable projects, Cristiano Ronaldo has established his place as one of the world’s highest-earning athletes estimated at $500 million.
A few weeks back, Ronaldo shocked the world after stepping into the beverage industry with his $10 million investment. Now, the Real Madrid icon has once again risen to the spotlight after announcing his latest business venture. Ronaldo has invested in Chrono24, the online marketplace for luxury watches, through his CR7 SA company, for an undisclosed sum.
Cristiano shares a lot of love for luxurious watches and has a personal watch collection worth an estimated $6.5 million. Therefore, it’s a splendid opportunity for Ronaldo to ignite his love for watches to a successful business leader. Surprisingly, Ronaldo was discovered flexing a $2,000,000 rival company luxurious watch, amid becoming Chrono24’s stakeholder.
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Cristiano Ronaldo promotes the rival company’s luxurious watch after investing in Chrono 24
Chrono24 has been valued at more than USD 1 billion in 2021, and it currently sells over 500,000 luxury watches. Interestingly, Ronaldo’s investment in Chrono24 hasn’t been disclosed yet. However, owing to Al Nassr’s forward love for watches, his investment didn’t come out as an enormous shock for most fans.
Surprisingly, Ronaldo was found flexing a $2,000,000 worth luxurious watch from a rival company, amid his partnership with Chrono24. Moreover, several fans were shocked after the revelation was made. However, it’s important to realize that the soccer star already owns an impressive watch collection of his own.
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Not to mention, Ronaldo has received several customized watches from Jacob and Co. The $2,000,000 luxurious watch that got spotted is one of the most expensive watches in Ronaldo’s collection. It’s a Franck Muller watch which represents Ronaldo’s love of diamonds. It’s made of 18k white gold fully set with pave baguette-cut diamonds.
Unfortunately, Ronaldo is receiving criticism from some fans for purposely promoting a rival brand. However, Cristiano’s love for watches as a watch collector shouldn’t get paired with his Chrono24 business investment. Besides buying Chrono24 stakes, Ronaldo still owns one of the most expensive watch collections. Hence, his love for watches and business ventures shouldn’t be mixed with fallible claims.
Ronaldo on investing in Chrono 24
Chrono24, one of the world’s leading online marketplaces for luxury watches, left soccer fans in a state of frenzy after announcing their latest investor, Cristiano Ronaldo. Being a watch collector himself, Ronaldo invested in Chrono24 by becoming a company stakeholder for an undisclosed amount.
Chrono24 CEO, Tim Stracke, stated: “No one brings passion for luxury watches to the world stage quite like Cristiano. He has already solidified his place as one of the greatest athletes in history, and as an investor shows astute knowledge of world-class luxury and technology.”
Upon investing in Chrono24, Ronaldo answered, “As a long-term watch collector and regular user of Chrono24, it’s a pleasure for me to become a shareholder in the company now. Chrono24 unites millions of watch lovers from all around the world to share in their passion, together–that global unification is something I know well and am thrilled to be a part of.”
Even after stepping into the $842,900,000,000 water industry, Ronaldo is still looking to expand his business ventures. Furthermore, his partnership with Chrono24 could turn into his most successful business investment.
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What are your thoughts on Cristiano Ronaldo’s Chrono24 investment? Let us know in the comments.
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