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Ryan Reynolds's Mint Mobile sale will earn him an estimated $300 million. Here's how he grew the telecom startup
Mint Mobile, in which actor Ryan Reynolds held a big stake, was acquired for $1.35 billion by T-Mobile this week.
And while the Deadpool star has become a widely recognized actor, he’s also become closely associated with his two brands—Aviation Gin and Mint Mobile.
He bought stakes in the companies in 2018 and 2019, respectively, and has become their brand ambassador, delivering jokes and his signature quirkiness in commercials.
He sold his stake in Aviation Gin in 2020 for $610 million.
He sold his stake in Mint Mobile in 2023 for ~$300M.
No idea what his acquisition costs were tho.
Also, a startup gin company worth at least $600M!?!