- Cristiano Ronaldo recently became the most followed celebrity on Instagram with over 300 million followers
- This has now translated to cash as the Juventus superstar has emerged as the highest earner on the platform
- The 36-year-old makes as much as $1.6m per sponsored post - that's double of what he used to make in 2019
- Meanwhile, the top 10 influencers in the world are dominated by women including Selena Gomez, Arianna Grande, Beyonce, and Kylie Jenner
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Juventus superstar Cristiano Ronaldo has become the highest-paid celebrity on Instagram's for sponsored post.
The Portuguese footballer, according to a report on The Guardian, is able to command as much as $1.6 million to endorse a product on social media.
As of July 2, Ronaldo is the king of influencers on social media in a coveted list that features the likes of actor Dwayne Johnson, and pop singer Arianna Grande.
This is actually the first time Cristiano has shot to the top of the pile, which is typically dominated by celebrities in the United States across different fields including music and film.
The Rock, a former wrestler-turned film star, can rake in an estimated $1.52m for a sponsored post while Arianna Grande comes in third with an estimated $1.51m per Instagram post.
Lionel Messi is the only other athlete in the top 10 influencers in the world, with the Barcelona star estimated to command $1.1m for a sponsored post.
Cristiano Ronaldo; a brand
Nigerian comedian Mr Macaroni cries out after spotting himself alongside Cristiano Ronaldo in a photo
The fact that Cristiano Ronaldo has topped the Instagram rich list is quite impressive for a number of reasons.
He was estimated to be charging N365.4 million ($889,000) for a sponsored post in 2019 and those figures have nearly doubled, less than two years later.
Ronaldo also leapfrogged Kylie Jenner, one of the most influential personalities in the modern era which is quite impressive in itself.
At the moment, the five-time Ballon d'Or winner is estimated to be making at least over N16 billion ($40m) annually from Instagram posts, which is more than his annual wages at Juventus.
Six of the top 10 highest earners on Instagram are ladies with Beyonce, Selena Gomez, Kim Kardashian and Arianna Grande dominating.
Hopper HQ, which runs social media accounts on behalf of companies and individuals, first published a well-researched Instagram rich list in 2017.
The firm, which is based in the UK, takes into account several factors which constitute a top influencer including average engagement, frequency of posts, and other industry variables.
Federico Cherubini believes Ronaldo will stay at Juventus
Legit.ng earlier reported that Juventus CEO Federico Cherubini has claimed that Cristiano Ronaldo has shown no sign of wanting to leave the Old Lady.
There have been speculation over the future of the forward at the Allianz Stadium since the end of the 2020/21 League season following their failure to retain the league title. They also struggled to qualify for the Champions League last campaign.
Recently, Cristiano Ronaldo was spotted parking his vehicles away from his house in Turin which fueled speculation of him planning to leave the side with 12 months left on his current deal.