Varane is among the contenders for the award after a fine campaign during which he won a third consecutive Champions League with Madrid and the World Cup with France.
But the 25-year-old said his focus was on team success, despite his own fine campaign in 2017-18.
“I’m glad you told me about it, but it’s not a topic of debate within the group,” Varane told a news conference ahead of France’s Nations League meeting with Germany.
“It’s an individual reward. We play a collective sport. It showcases the work done, but it’s a personal one.
“It’s not an objective and if I don’t win it, it won’t be a disappointment. It’s true that last season was exceptional. It will be difficult to do better, unless I put in 40 goals.
“Other players are less mentioned but have been very successful, like [N’Golo] Kane or [Paul] Pogba.”
Either Cristiano Ronaldo or Lionel Messi have won the Ballon d’Or the past 10 years.
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