Cristiano Ronaldo is getting back into the hotel business, investing in luxury hotels on Saudi Arabia’s west coast.
His newest adventure, entitled ‘Visit Red Sea,’ comes in partnership with long-time girlfriend Georgina Rodriguez. Together, they set out to build a high-end hotel business between the coastal cities of Umluj and Alwajh, located on the Red Sea.
The couple are frequent vacationers of the popular beach location called the “Maldives of Saudi Arabia.”
Rodriguez posted photos of the couple’s new investment property on her Instagram last March. The photos reveal the pair running and biking at the beach and posing for family photos on an underwater deck overlooking the Red Sea.
Forbes’ top athlete Ronaldo invests in Saudi Arabia
The Portuguese legend made his inaugural debut for Saudi Pro League side Al Nassr in January 2023, continuing his reigns as one of the world’s best goalscorers. The 39-year-old is just one goal shy of equaling the Saudi League goal record with 33 goals in just 28 games. He’s snagged 42 goals in 41 appearances across all competitions.
Coming up on his 40th birthday, Ronaldo is also working on his post-football portfolio. In 2024, his net worth skyrocketed to an estimated $260 million, making him Forbes’ 2024 highest-paid athlete. The superstar makes $200 million annually from Al Nassr alone, with the additional funds coming from endorsement deals with Binance, Nike, Herbalife, Whoop, and other strategic partners.
But his latest investments in the Kingdom’s coastline look to widen the chasm between him and arch-rival Messi. The Argentine’s purported net worth is around $135 million.
Ronaldo, the businessman, already owns a hotel in his hometown of Madeira, Portugal, and invests heavily in video game startups. He also owns his own CR7 eyewear, fragrance, and clothing lines.
Photo: x/georginagio
