Cristiano Ronaldo, the globally renowned footballer and avid luxury watch collector, has recently made a substantial investment in the online marketplace Chrono24, cementing his position as a shareholder in the company.
The announcement, made on Tuesday, July 11, revealed that Ronaldo has acquired an undisclosed stake in Chrono24, demonstrating his keen interest in the online luxury watch industry.
In an Instagram snapshot shared with his followers, the 38-year-old former Manchester United and Real Madrid player can be seen alongside Tim Stracke, the co-chief executive and founder of Chrono24.
This news has ignited immense excitement among watch enthusiasts worldwide, as Ronaldo's impeccable taste for timepieces merges with his astute business acumen, propelling both aspects to new heights.
Chrono24, established in 2003, boasts an extensive selection of over 530,000 watches sourced from more than 3,000 trusted dealers. The platform has already garnered support from notable shareholders such as Aglae Ventures (the family investment company of Bernard Arnault), General Atlantic, Insight Partners, and Sprints Capital.
Ronaldo's investment in Chrono24 comes as no surprise, considering his well-known passion for luxury watches.
The football superstar, currently playing for Saudi Arabian side Al-Nassr under a staggering £175 million per year contract, has amassed a personal collection of timepieces worth approximately £5 million.
From the exquisite £1.6 million Franck Muller and Van Cleef & Arpels watch adorned with 474 white diamonds to the unique Hublot 'Masterpiece' valued at a minimum of £800,000, Ronaldo's penchant for luxurious watches exemplifies opulence in every aspect.