With the technological development that we are experiencing during the current era, social media sites have not only become a mean of communication between individuals worldwide, but also a source of income for some people around the world.
According to Buzz Bingo report, which ranks the world's highest earners on the Instagram platform, Cristiano Ronaldo, the current player of Italian club Juventus F.C., and former Real Madrid player, Ronaldo appeared as the highest paid celebrity.
Ronaldo generates an annual income of around $47.8 million from his Instagram post, which is more than what he gets from his current club per year.
The five-time Ballon d'or/FIFA Best Player Men's winner has about 187 million followers on the Instagram and because of his huge reach, companies are willing to get rid of huge amounts of money for a slice of activity.
In the second place, F.C Barcelona’s icon Lionel Messi earns $23.3 million per year from Instagram.
Aside from the football players comes in third place a member of the Kardashian family, Kendall Jenner, as she makes $15.9 million a year from her Instagram stories.
The only exception in this report is celebrity singer Selena Gomez, who
is ranked sixth with the equivalent of eight million dollars a year.