Ryan Reynolds got a big boost to his bank account this week after T-Mobile bought Mint Mobile, in which Reynolds owns a partial interest.for 1.350 million dollars.
The business is just one of many that Ryan has poured his money and expertise into in recent years.
The Canadian star’s first acting job was on a teen soap opera called Fifteen, where he earned just $150 an episode, that’s a far cry from his bank balance now that the 45-year-old is believed to be worth a whopping $150 million. .
While his success as an actor, especially in blockbusters like Deadpool, has boosted his fortune, the savvy star has also made some shrewd investments over the years.
Sold! Ryan Reynolds got a big boost to his bank account this week after T-Mobile bought Mint Mobile, in which Reynolds owns a partial stake, for $1.35 billion.
On the money: The business is just one of many that Ryan has poured his money and expertise into in recent years, with his net worth skyrocketing to a whopping $150 million.
Ryan branched out of acting in 2018 when he became a shareholder in Aviation American Gin.
He became the brand’s creative director and board member, but just two years later he sold to European beverage company Diageo for an estimated $610 million. As part of the deal, Ryan will retain a “continuing ownership interest.”
Also in 2018, the star he co-founded a production company and marketing agency, Maximum Effort, with his friend George Dewey, who worked closely on the marketing of Ryan’s Deadpool film.
Since then, the agency has produced hugely successful viral ads for Ryan’s other brands and movie releases, while also reportedly developing a live-action adaptation of the Clue board game.
Last month Variety reported that the production and advertising company is part of a group that owns a new 1.2 million-square-foot studio being built in Ontario, which the developers say will be Canada’s largest film and television production facility. .
The studio is one of the first projects of a $1.5 billion private equity fund that will focus on real estate, sports, media and venture capital.
“Maximum Effort has grown in ways and directions we have never imagined,” Ryan said in a statement. “Launching a fund and building a 1.2 million square foot studio in Ontario is mind blowing and sobering.
“Regardless, I’m excited to expand our storytelling capabilities in new directions and bring more production work to Ontario.”
Applause: Ryan parted ways with acting in 2018 when he became a shareholder in Aviation American Gin, which he sold to Diageo for roughly $610 million in 2020 while retaining his ownership stake.
Match made in Heaven: Ryan serves on the board of Match Group, which owns and operates the largest global portfolio of popular online dating services, including Tinder and Hinge.
Ad man: In 2018, the star co-founded the production company and marketing agency, Maximum Effort, which has produced viral ads for his movies and businesses.
Ryan serves on the board of Match Group, which owns and operates the world’s largest portfolio of popular online dating services, including Tinder, Match.com and Hinge.
Through his agency Maximum Effort, Ryan has produced viral ads for the company set to music by his close friend Taylor Swift.
Ryan is also an investor in Canadian online wealth management service Wealthsimple, which is valued at $5 billion. In 2021 he was part of a group that invested $750 million in the company.
The actor isn’t the only star investing, as Canadians Drake and Michael J. Fox also each have a stake.
Ryan also juggles his work with Canadian password management software, 1Password, for which he serves as a lead on ads. The company is valued at $6.8 billion.
Then there are his sporting interests. In November 2022, Ryan confirmed his interest in purchasing the Ottawa Senators NHL franchise.
“I’m trying to do that,” the Deadpool star said on The Tonight Show with Jimmy Fallon. ‘It’s very expensive, I need a partner with a lot of money.
‘It is called a consortium when a group is formed to buy an entity. It’s just a fancy way of saying I need a sugar daddy or mommy.
The franchise is currently valued at $655 million, the sixth cheapest in the NFL among 32 teams, reports Sportico.
In February 2021, Ryan and fellow actor Rob McElhenney took over English fifth division soccer team Wrexham in a $2.76 million deal.
Sports fan: In February 2021, Ryan and fellow actor Rob McElhenney took over English fifth division soccer team Wrexham in a $2.76 million deal.
The pair’s first full season in charge in North Wales brought a runner-up finish, a Wembley final for the FA Trophy, a special exception made to restore them to the FIFA video game series, and the conclusion of filming for the first season. of an access. -Documentary of all fields.
Ryan attributes his success to the correlation between his acting world and the business world, telling Washington Post Live in 2021:
“Whether you’re talking about the unexpected nature of sports, low-cost wireless, gin, connected TV marketing, ad tech, that sort of thing, the connective tissue between each of those things is in actually, ironically, storytelling, the same as it is with movies.
“That’s what I love about these businesses and their variety.”