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Soccer Star Ronaldo Gets Into the Luxury Watch Game

Soccer Star Ronaldo Gets Into the Luxury Watch Game

Assessment

Interactive Video

Business, Physical Ed

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Cristiano Ronaldo is investing in Kroner 24, a major online luxury watch trading platform. This investment provides him with financial exposure to the growing market for used premium watches, expected to reach $40 billion by the decade's end. Ronaldo, a known watch collector, joins other investors like Bernard Darneau, head of LVMH. The used watch market has seen price fluctuations, but Rolex prices are stabilizing, making it a potentially good time for Ronaldo's investment.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How much is the used premium watch market expected to grow by the end of the decade?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Ronaldo's investment in the luxury watch market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of watches has Ronaldo been spotted wearing?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are some of the other investors mentioned alongside Ronaldo?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend has been observed in the prices of Rolex watches on the secondary market?

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