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Business

525 Rosario

Media & Production — Messi's role: Co-founder (JV w/ SMUGGLER). Launched Sep 2024.

Last updated 30 July 2026 · Sourced public estimates

Estimated value
SourceVariety / SBJHigh
Early stage
Media & Production
Messi's role
SourceVariety / SBJHigh
Co-founder (JV w/ SMUGGLER)
Ownership / position
Confidence
High
on the valuation

At a glance

Entity
525 Rosario
Type
Media & Production
Role
Co-founder (JV w/ SMUGGLER)
Value
Early stageSourceVariety / SBJHigh
Status
Launched Sep 2024
Source
Variety / SBJ

525 Rosario — named for his hometown — is Messi's media and production company, launched in September 2024 as a joint venture with SMUGGLER Entertainment, operating out of Miami and Los Angeles and represented by WME. Its slate spans family programming, premium TV and film, live sports content and branded athlete storytelling.

The commercial logic mirrors what LeBron James did with SpringHill: stop renting your story to broadcasters and own the IP. Messi's image rights already generate tens of millions a year through Limecu; a production arm converts that fame into durable, saleable content assets.

It is early-stage with no public financials, so it contributes essentially nothing to today's net-worth estimate — this is an option on the post-retirement decade, not a current earner. Existence: High confidence. Financials: not public, and we say so.