The actor owned a 25% stake in Mint Mobile, which was bought by T-Mobile, the second largest wireless provider in the US.
American actor Ryan Reynolds, who recently became a father for the fourth time, is not only a happy family man who has taken place in the profession, but also a very successful businessman. He recently increased his net worth by more than $337 million with T-Mobile’s purchase of budget wireless provider Mint Mobile, of which the actor is a 25% co-owner, according to Forbes.
The amount of the deal is $1.35 billion. T-Mobile, the second largest wireless provider in the country, is acquiring Ka’ena Corporation and its subsidiaries Mint Mobile, Ultra mobile and Plum. Payment for 39% will be made in cash and 61% in shares.
Mint Mobile is just one of many companies in Reynolds’ portfolio. In 2020, Diageo acquired his alcohol company Aviation Gin, in which he held an “unspecified minority interest,” for $335 million up front and an additional $275 million contingent on the company’s performance over the next 10 years.
Diageo said Ryan and co-owner Davos Brands will maintain a “permanent ownership interest” in the company. He also runs the creative agency Maximum Effort. In 2021, Reynolds and Always Sunny in Philadelphia creator Rob McElhenney acquired Wrexham A.F.C. for $2.5 million. That same year, his wife Blake Lively launched her Betty Buzz beverage line in partnership with Maximum Effort.
Despite his business success, Reynolds is still filming Deadpool 3 with Hugh Jackman, who will reprise his role as Wolverine. He actively appears on the red carpet at premieres, gives interviews and comes to talk shows. On one of the programs, the actor accidentally declassified the sex of his fourth child, whom his wife Blake Lively gave birth to. According to him, it’s a girl. True, he did not name her and did not go into details.