Cristiano Ronaldo's move to Saudi Arabia saw him become the world's highest-paid athlete, according to Forbes, with Paris Saint-Germain duo Lionel Messi and Kylian Mbappe rounding off the top three.
Portuguese striker Ronaldo signed a lucrative two-and-a-half year deal with Saudi powerhouse Al Nassr late last year after having his contract at Manchester United terminated by mutual consent following his criticism of club officials and manager Erik ten Hag.
Forbes reported that the 38-year-old earned $136 million, with his annual playing salary going up to an estimated $75 million.
Ronaldo signed with Al Nassr until 2025 on a reported $200 million per year contract.
PSG forward Messi, 35, was next on the list after bringing home a combined $130 million while club teammate and France captain Mbappe – the youngest on the list at 24 – earned $120 million to sit third.
Los Angeles Lakers player and NBA great LeBron James ($119.5 million) and Mexican boxer Saul "Canelo" Alvarez ($110 million) rounded out the top five.
Last year also saw the advent of LIV Golf, the breakaway tour that has lured away some of the PGA Tour's top players with huge sums of money, and two of its golfers make the top 10.
Former world No 1 Dustin Johnson (sixth with $107 million) made the biggest gain after making the controversial switch to LIV Golf having not even made the cut for the top 50 in 2022 while he was joined by fellow LIV golfer Phil Mickelson (seventh with $106 million).
Four-time NBA champion Stephen Curry ($100.4 million) and Phoenix Suns' Kevin Durant ($89.1 million) are the other two basketball players on the list.
Twenty-time tennis Grand Slam champion Roger Federer ($95.1 million) is the only retired player in the top 10.
Forbes said its on-field earnings figures include all prize money, salaries and bonuses earned in the past 12 months while off-field earnings are an estimate of sponsorship deals, appearance fees, licensing income and cash returns from businesses they operate.
Forbes' top 10 highest-paid athletes
1. Cristiano Ronaldo ($136 million)
2. Lionel Messi ($130 million)
3. Kylian Mbappe ($120 million)
4. LeBron James ($119.5 million)
5. Canelo Alvarez ($110 million)
6. Dustin Johnson ($107 million)
7. Phil Mickelson ($106 million)
8. Stephen Curry ($100.4 million)
9. Kevin Durant ($89.1 million)
10. Roger Federer ($95.1 million)
How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
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Tell-tale signs of burnout
- loss of confidence and appetite
- irritability and emotional outbursts
- sadness
- persistent physical ailments such as headaches, frequent infections and fatigue
- substance abuse, such as smoking or drinking more
- impaired judgement
- excessive and continuous worrying
- irregular sleep patterns
Tips to help overcome burnout
Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’
Do activities that you want to do as well as things you have to do
Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones
Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation
Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.
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