Actor Ryan Reynolds is estimated to have a net worth of $350 million. He saw a huge increase in his net worth after the sale of Mint Mobile, a wireless company he backs, to telecommunications behemoth T-Mobile in a deal estimated to be worth $1.35 billion.
The actor who turned into an entrepreneur now has an estimated net worth above $350 million, as highlighted by Youthful Investor. That figure is based mainly on his film earnings and business ventures, including the sales of the gin brand Aviation American Gin and Mint Mobile.
Here are some of the companies that Ryan Reynolds has invested in over the years:
Aviation American Gin
In 2018, the ‘Deadpool’ star purchased an unspecified minority ownership stake in the Portland-based gin brand for an undisclosed sum. Ryan Reynolds Served as the company’s spokesperson and creative director. Initially, Aviation American Gin was launched by Oregon-based House Spirits Distillery and was acquired by Davos Brands in 2016.
Reynolds upped the firm’s marketing strategy by releasing some cheeky ads. One of his most popular videos starred the once-viral “Peloton wife” Monica Ruiz. Aviation’s sales exploded from 2018 to 2020, and it became the second-biggest super-premium gin brand in the United States.
In 2020, alcoholic beverages giant Diageo purchased Aviation American Gin in a deal that could eventually be worth up to $610 million. That deal paid $335 million cash upfront with the remaining balance to be earned gradually via performance milestones over the coming 10 years.
Diageo stated that in 2020 Reynolds retained an “ongoing ownership stake” in the gin brand, as published by The Hollywood Reporter.
It is believed that Ryan Reynolds owned a 20% stake in Aviation Gin before it was sold. If that figure is accurate, he would have got $67 million pre-tax from the upfront cash portion of that sale and could earn an extra $55 million from the milestone payments.
Ryan Reynolds Co-launched a production firm and digital marketing agency called Maximum Effort together with George Dewey. Dewey worked closely with the actor in the marketing of ‘Deadpool.’ The agency that released viral ads for Match and Mint Mobile was established in 2018 in New York City.
In 2021, Maximum Effort Marketing was purchased by the advertising software firm MNTN. As part of that deal, Reynolds is expected to serve as MNTN’s chief Creative officer, while Dewey will become the firm’s chief brand officer, while also keeping his position as the president of Maximum Effort.
In 2020, Ryan Reynolds together with fellow actor Rob McElhenney became co-owners of Welsh club Wrexham AFC, one of the oldest soccer teams in the world, in a takeover worth $2.5 million.
Ryan Reynolds bought an ownership stake in budget wireless provider Mint Mobile in November 2019. He starred in many advertisement campaigns for the firm.
On Wednesday, T-Mobile said that it reached a deal to take over Mint Mobile, which provides low-cost prepaid mobile phone services. It is set to pay up to $1.35 billion in a cumulative combination of 61% stock and 39% cash to purchase Mint’s parent company Ka’ena.
Ryan Reynolds owns nearly 25% of Mint Mobile, anonymous sources familiar with this issue told the Wall Street Journal. It means that he could get up to $300 million in cash and stock from the deal.
He also recently joined real estate developer The Remington Group to work in a consortium that will put in a bid to buy the Ottawa Senators of the National Hockey League (NHL), based on a statement by Bruce Garrioch of the Ottawa Sun.
Ryan Reynolds has starred in several successful films, including “6 Underground,” “Free Guy,” “The Proposal,” and the “Deadpool” franchise.
Ryan Reynolds Salary And Real Estate
Ryan’s base salary for the first ‘Deadpool’ was nearly $2 million, but it probably increased to $20 million for the second film after the first film’s massive success. He has a lucrative share of the backend points meaning that he may have eventually got $22 million and up to $40 million for the first and second films, respectively.
As for real estate, Reynolds and his wife Blake Lively bought a house in Westchester County, New York, for $6 million in 2012. The couple has four children: 7-year-old James, 6-year-old Inez, 3-year-old Betty, and a 1-month-old baby, whose gender and name are yet to be revealed.