Ryan Reynolds could make $300 million in Mint Mobile sale


Ryan Reynolds may be best known for his wisecracking Deadpool portrayal, but the actor has also built a reputation as a savvy investor, with stakes in companies like Aviator Gin and Mint Mobile. After that, the wealth Canadians earned from trading could far exceed their earnings in the film industry.

Reynolds was able to get a payout of over $300 million from Mint Mobile stock. Sold to telecommunications giant T-Mobile Up to $1.35 billion on Wednesday.reynolds bought stock I joked with Mint Mobile in 2019 that I would be paying $15 a month for their basic wireless plan at the time.

According to Fortune Magazine, his stake in Mint Mobile represents about 25% of the company. Based on his sale price, Reynolds’ shares are valued at approximately $340 million. Mint Mobile said it could not comment beyond public information regarding the sale, but T-Mobile did not immediately seek comment.

Reynolds said on CNBC Wednesday that he has purchased “a significant portion of the company.” interviewalthough he did not specify the size of the investment.

Reynolds earned around $70 million in 2020, mostly based on his film and entertainment earnings. according to to Forbes. According to the publication, the actor earns about $20 million per movie, a big hit for most people, but not enough to put him on the Forbes list. high-income entertainer (Top earner: member of rock band Genesis, who made $230 million last year).

However, the Deadpool actor has expanded beyond movies in recent years, investing in Aviation Gin, which made headlines in 2019. viral advertising It mocked the highly malicious Peloton commercial.

Aviation Gin was sold to spirits giant Diageo. Up to $610 million in 2020, Diageo says Reynolds will maintain “continuing ownership.” Since the deal was announced, Diageo’s U.S. stock is up about 25%.

Reynolds tweeted Wednesday after the deal with T-Mobile was announced.

Reynolds is also co-owner of Wrexham AFC, a football team in Wales. bought in 2021 with actor Rob McElhenney for about $2.5 million. In addition, Reynolds owns the content company Maximum His Effort, which produces “movies, television series, content, advertising and cocktails for Reynolds’ personal entertainment.” I call myself.


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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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