You’ll be soon hearing Siuuu blasting in Saudi Arabia: Portuguese football star Cristiano Ronaldo signed a contract with Saudi Arabia’s AlNassr FC until 2025, the Riyadh-based club announced in a statement. Ronaldo is joining the Saudi club after leaving Manchester United in November on the back of a controversial interview in which he criticized the club. “History in the making. This is a signing that will not only inspire our club to achieve even greater success but inspire our league, our nation and future generations, boys and girls to be the best version of themselves,” AlNassr said as it welcomed the player “home.” Details about Ronaldo’s contract were not made public, but his total annual salary is believed to be close to EUR 200 mn. If confirmed, Ronaldo would be earning the biggest salary ever in football history.

A slump in Tesla’s shares means Musk has lost a massive amount of his wealth: Elon Musk’s net worth has dropped by USD 200 bn on the back of Tesla’s shares falling 65% last year, making Musk the first person to lose this much of his wealth, Bloomberg reports. Musk is now worth USD 137 bn, after he lost his spot last month as the world’s richest person, “having been surpassed this month by Bernard Arnault, the French business magnate and investor behind luxury-goods powerhouse LVMH.” The Tesla and Twitter CEO has denied that his businesses are in jeopardy, saying on Twitter that “Tesla is executing better than ever” although the electric car company — whose market capitalization is north of USD 1 tn — is facing market competition and is reportedly slowing down production at its factory in Shanghai.