After the loot! The acquisition of Mint Mobile by T-Mobile for $1.35 billion affected Ryan Reynolds’ wealth because he owned a minority investment in the company. In this article, we’ll discuss the wealth of this actor-turned-businessman.
Ryan Reynolds’ Net Worth
According to Celebrity NetWorth, the Waiting actor has a net worth of $350 million. A-list movie roles like Spirited, The Adam Project, Free Man, Red Notice, and The Proposal have helped make Ryan a household name.
The Canadian actor is a familiar face in theaters but appears to have amassed much of his fortune through business.
Ryan Reynolds Owns How Much of Mint Mobile?
Ryan wrote in a press release on March 14, announcing the $1.35 billion deal with T-Mobile-
“We are so happy T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we believe the excellence of their 5G network will provide a better strategic fit than my mom’s slightly-above-average mahjong skills.”
“I am so proud of the entire Mint team and so excited for what’s to come.”
According to the announcement, T-Mobile would acquire Mint’s parent company, Ka’ena Corporations, for $1.1 billion, with the cash portion making up 39% and the stock portion making up 61% of the purchase price. It all depends on Ka’ena’s performance in the coming months, although the final selling price could go up or down.
It seems like a huge deal on paper, but how much will Ryan truly be getting out of it? The star of “Detective Pikachu” invested in Mint as a minority shareholder in December 2019, and he reportedly has a 25% stake in the company.
According to Celebrity Net Worth’s calculations, after paying taxes, Ryan stands to gain upwards of $70 million in cash and over $200 million in T-Mobile shares.
We had previously written a few articles about famous people’s net worth. Visit the following links to learn more:
- Bader Shammas Net Worth: How He Earned His Impressive Net Worth!
- Ke Huy Quan Net Worth: Discovering the Fortune of Ke Huy Quan.
What Companies Does Ryan Reynolds Own?
In 2018, Ryan invested an undisclosed sum in acquiring a minority position in both Mint and Aviation American Gin. Over the next two years, the Green Lantern actor served as the brand’s public face and creative director before Diageo LLC purchased Aviation and Davos Brands LLC for $610 million in August 2020.
Max Effort, a production and marketing company Ryan launched in 2018, is vital to his career as a creative director.
Actor Ryan Reynolds, who is married to actress Blake Lively, has reportedly invested in financial services companies Wealthsimple and password management app 1Password. His 2022 Hulu documentary, Welcome to Wrexham, follows him and actor Rob McElhenney as they run the Wrexham Football Club.
How Does Ryan Reynolds Make Money?
Don’t get the wrong idea, though. He also pulls in a tidy sum from his acting career. After the success of the first Deadpool film, he reportedly negotiated a substantially larger wage for the sequel, earning $20 million, up from a reported $2 million for the first film.
With his acting efforts in 2017, Ryan landed on the Forbes list of the world’s 20 highest-paid actors. Reportedly, he was paid $27 million upfront for 2019’s 6 Underground, and $20 million for Netflix’s Red Notice.
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