Why Cristiano Ronaldo is now investing in hotels and hair clinics

Footballer Cristiano Ronaldo is not only successful on the field. He also increases his fortune away from the field through clever brand deals. This is reported by the "Frankfurter Allgemeine Zeitung".

He invests in hotels and hair clinics, among other things. This year alone, two new properties of his "Pestana CR7" hotel chain opened in Madrid and in New York's Times Square.

The footballer also has the most-followed Instagram account, where he can charge as much as $1.6 million for a post.