Cristiano Ronaldo Hits 600 Million Instagram Followers, Topping Lionel Messi, Selena Gomez
Portfolio Pulse from Franca Quarneti
Cristiano Ronaldo has become the first person to reach 600 million followers on Meta Platforms Inc's Instagram. The Portuguese soccer player's active engagement on the platform has resulted in a significant increase of over 150 million followers since May. Ronaldo's net worth is estimated at $500 million, and he topped Forbes' list of the highest-paid athletes in 2023.
August 10, 2023 | 7:18 pm
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POSITIVE IMPACT
Cristiano Ronaldo's milestone of 600 million followers on Instagram, a platform owned by Meta Platforms Inc, highlights the platform's popularity and reach. This could potentially attract more advertisers and increase revenue for Meta.
Ronaldo's massive following on Instagram demonstrates the platform's wide reach and popularity. This could potentially attract more advertisers seeking to leverage Ronaldo's audience, leading to increased ad revenue for Meta. Therefore, this news is likely to have a positive impact on Meta's stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80