The 29-year-old forward's 120th-minute penalty in Saturday's final against Atletico Madrid sealed a 4-1 win for the club over its city rival.
Ronaldo has now finished the season as the Champions League's top scorer for a second year running, eclipsing his nearest rival Zlatan Ibrahimovic (10 goals) and scoring nine more than Lionel Messi and Diego Costa.
The Portugal star began the campaign with a hat trick against Galatasaray in a 6-1 win en route to notching a record nine strikes in the group stage, and only failed to find the net against Bayern Munich in the semifinal first leg.
However, the winger made amends at the Allianz Arena in the return fixture, grabbing two in a 4-0 win over Die Roten and surpassing the previous best goals tally of 14 set by Jose Altafini at AC Milan in 1962-63 and matched by Messi in 2011-12.
Ronaldo now has 68 Champions League goals to his name, one more than Messi, and is just four behind Raul's overall record of 71 as he continues to set new standards for European competition.