Lionel Messi Seals $20 Million Crypto Deal

Lionel Messi

Argentine soccer star Lionel Messi has joined Socios.com, the creator of digital fan tokens, as his global brand ambassador. The Paris St-Germain and Argentina striker will promote the digital experience community to his 400 million followers over the next three years as part of the $20 million deal.

Messi, whose move from Barcelona in August included a payment in cryptocurrency, will be involved in an advertising and promotion campaign for Socios as part of the build-up to the Qatar World Cup, which begins in November, it has been reported. Reuters. He becomes the latest athlete to enter the world of cryptocurrency after NFL quarterback Tom Brady and NBA star LeBron James.

The deal doesn’t include cryptocurrency payments to Messi.

“Since playing my first professional match, the passion of the fans has been a driving force that has inspired me to perform at my best. Fans deserve recognition for their support. They deserve opportunities to influence the teams they love,” Messi said.

“Socios.com exists to enhance the fan experience, to enable fans to ‘be more’. I’m proud to join Socios.com’s mission to create a more connected and rewarding future for fans around the world. »

With approximately 1.2 million users, Socios sells virtual tokens that allow sports fans to vote on club matters such as the name of a training ground. There are tokens for over 130 sports and Socios have signed deals with a range of clubs including Arsenal, Barcelona, ​​Juventus and Manchester City.

Ever since I played my first professional match, the passion of the fans has been a driving force that has inspired me to perform at my best.

Lionel Messi, footballer

Messi’s net worth has been estimated at $600 million after career earnings of over $1 billion. He is believed to have earned a combined total salary of around $875 million during his 21 years at FC Barcelona. A leaked contract last year showed Messi could earn up to $165m a year in salary, image rights and incentives.

Forbes The magazine estimates he made $130 million in 2021, second only to mixed martial arts star Conor McGregor.

Although football provides the bulk of Messi’s income, endorsements from companies such as Pepsi, Turkish Airlines and Adidas add to his earnings. He has his own clothing line and opened his first outlet, the Messi Store, in 2019 in Barcelona.

Messi is also believed to have a large property portfolio, with a house in Barcelona’s posh Castelldefels suburb, at least two homes in Rosario, Argentina, six properties in Italy and a hotel worth €30million. (32.6 million dollars) in the Spanish tourist city. from Sitges.

The weekend

Musicians around the world are trading virtual real estate assets like NFTs, but one R&B star has been busy building an actual real estate portfolio. The Weeknd, 32, now has a net worth of $600 million, thanks in part to his real estate purchases, according to the the wall street journal.

The newspaper cites a source familiar with the musician’s finances.

online, the LogThe $600 million figure is disputed, with alternative estimates of The Weeknd’s net worth ranging between $200 million and $300 million.

But the musician, whose real name is Abel Tesfaye, has a diverse range of sources of income, including music production, investments and property.

Last week, he took part in a $5 million fundraiser in custom songwriting startup Songfinch, alongside fellow musicians Quincy Jones and Amala “Doja Cat” Dlamini. The round was led by Chicago-based venture capital fund Corazon Capital.

The Weeknd’s investment comes after an earlier disbursement to Songfinch last July, when it participated in a $2 million funding round.

In total, he has also invested in at least seven companies, according to investor intelligence platform Crunchbase.

Last year, he joined Salesforce founder, president and CEO Marc Benioff in a $225 million Series D funding round in Forward Health. The San Francisco-based startup offers preventative care using advanced medical technologies such as biometric body scanners and genetic and blood testing. The funding round saw the company valued at $1 billion, according to Reuters.

“I invested in Forward Health because I walked into the Los Angeles site and couldn’t believe what I saw: a state-of-the-art facility that looked like the exact opposite of what you would expect to see in a typical doctor’s office – with no waiting room and everyone is seen immediately,” said The Weeknd.

His other investments include gaming company Backbone, social media marketplace Pearpop and money transfer startup Pomelo.

The Weeknd’s main source of income is his music. Having started his career posting tracks anonymously on YouTube, he has released five studio albums since 2013 and played six tours. It has since racked up US sales of 13.5 million album units and 98 million unique digital units, according to the Recording Industry Association of America.

In 2017, Forbes estimated his annual earnings at $92 million. He reduced his concert schedule in 2018, with only six shows in Asia and festivals such as Lollapalooza.

The Weeknd hits the road again with his first world stadium tour this year, starting with a 19-stop tour across Canada and the United States this summer, with additional dates in Latin America, Asia, the Europe, Australia, New Zealand, Africa and the Middle East will be announced soon.

Apart from music sales and touring, he is a music producer and co-founder of the XO label.

The Weeknd has endorsed a wide range of brands, including Apple Music, H&M and Puma. He has previously collaborated with Marvel and has his own fashion brand, also called XO.

In August, he bought a house worth around $70 million in the Bel Air neighborhood of Los Angeles. In January, the blinding lights The singer has listed his penthouse in the ultra-luxurious Beverly West condominium in Los Angeles for $22.5 million. He bought the 8,000 square foot four-bedroom home in 2019 for $21 million.

That same year, he also bought a mansion worth around $11 million for his mother and signed the bail check as “The Weeknd.”

In 2017, the Canadian star paid $18.2 million for a 1,170 square meter (12,600 square foot) property in the gated community of Hidden Hills, California. He put it on the market in 2020, eventually selling the seven-bedroom home to pop star Madonna for $19.3 million last April.

Brooklyn Beckham and Nicola Peltz are said to have signed a prenuptial agreement ahead of their wedding this weekend.  Getty

Nicholas Peltz

Actor Nicola Peltz has reportedly signed a prenuptial agreement with chef and former footballer Brooklyn Beckham ahead of their wedding on Saturday at his father’s home in Palm Beach, Florida.

The agreement protects each partner’s assets and finances in the event of a divorce. While Beckham is said to have a net worth of $10 million, his new wife is said to have five times that amount in net assets. Pletz’s wealth comes primarily from her modeling and acting career, including an appearance in Transformers: Age of Extinction and The last air Master.

She is also the daughter of billionaire activist investor Nelson Peltz, founder of investment firm Trian Fund Management. The fund has $8.5 billion in assets under management, according to Forbes.

His brother, Will Peltz, is also an actor. In contrast, Beckham’s parents, British celebrity couple David and Victoria, are said to have a combined net worth of £380 million ($498 million).

The couple would have few common assets. In March, they sold their five-bedroom Beverly Hills home for $11 million, according to Hello magazine. They are reportedly looking for a new home in Miami, where Beckham’s parents own a $24 million penthouse.

Actress Gwyneth Paltrow has invested in Evernow, a telehealth company that offers personalized treatments for menopausal and perimenopausal women.  PA

Gwyneth Paltrow

Actress Gwyneth Paltrow has made a name for herself as a retailer of controversial feminine hygiene products through her Goop website. Now, she’s teamed up with Drew Barrymore, Cameron Diaz, Carla Harris and others to invest in Evernow, a telehealth company that provides personalized treatment by prescription and clinicians to menopausal and perimenopausal women.

The $28.5 million Series A funding round will be used to expand the team, recruit new members and strengthen product development.

Paltrow, 49, has invested in a dozen different businesses, including The Expert, an online interior design consulting platform, and health drink brand Olipop. In December, she participated in a $200 million debt and equity financing round for TeraWulf, a crypto-mining company that aims to produce Bitcoin using 100% carbon-free energy.

She is estimated to have a net worth of $150 million, according to wealth tracking website Celebrity Net Worth.

Updated: April 11, 2022, 5:00 a.m.

About John Villalpando

Check Also

Sony Corp stock: sum-of-the-parts analysis reveals massive rise (NYSE:SONY)

MMassel/iStock Unpublished via Getty Images Sony group company (NYSE: SONY) is one of Japan’s most …