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Ryan Reynolds got a huge boost to his bank account this week after T-Mobile purchased Mint Mobile, which Reynolds owns a partial stake in, for $1.35 billion.
The business is just one of many Ryan has ploughed his money and expertise into over the past few years.
The Canadian star’s first acting job was on a teen soap called Fifteen where he earned just $150 an episode, it’s a far cry from his bank balance now with the 45-year-old thought to be worth a whopping $150million.
While his acting success, especially in box office hits like Deadpool, have boosted his fortune, the savvy star has also made some shrewd investments over the years.
Sold! Ryan Reynolds got a huge boost to his bank account this week after T-Mobile purchased Mint Mobile, which Reynolds owns a partial stake in , for $1.35 billion
In the money: The business is just one of many Ryan has ploughed his money and expertise into over the past few years, seeing his net worth soar to a whopping $150million
Ryan branched outside 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 an ‘ongoing ownership stake.’
Also in 2018, the star co-founded a production company and marketing agency, Maximum Effort, with his friend George Dewey, who worked closely together on the marketing for Ryan’s movie Deadpool.
Since then the agency has produced hugely successful viral ads for Ryan’s other brands and movie releases while it’s also reportedly developing a live-action adaptation of the board game Clue.
Last month Variety reported that the production and advertising company is part of an ownership group for a new 1.2 million-square-foot studio being built in Ontario – which developers say will be the largest film and TV production hub in Canada.
The studio is one of the first projects for 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 that we’ve never imagined,’ Ryan said in a statement. ‘To be launching a fund and building a 1.2 million-square-foot studio facility in Ontario is both mind-boggling and humbling.
‘Regardless, I’m excited to expand our storytelling capabilities in new directions and to bring more production work to Ontario.’
Cheers: Ryan branched outside of acting in 2018 when he became a shareholder in Aviation American Gin, which he sold to Diageo for an estimated $610 million in 2020 while retaining his ownership stake
Match made in heaven: Ryan is a board member at 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 production company and marketing agency, Maximum Effort, which has produced viral ads for his movies and businesses
Ryan is a board member at Match Group, which owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com and Hinge.
Through his Maximum Effort agency, Ryan has produced viral ads for the company featuring music from his close pal Taylor Swift.
Ryan is also an investor in online Canadian wealth management service Wealthsimple which has a valuation of $5billion. In 2021 he was part of a group who made a $750 Million investment into the company.
The actor isn’t the only star to invest, with fellow Canadians Drake and Michael J. Fox also holding a stake each.
Ryan’s also juggling his work with Canadian password management software, 1Password, for which he serves as the frontman in advertisements. The company is valued at $6.8 billion.
Then there are his sporting interests. In November 2022 Ryan confirmed his interest in buying NHL franchise Ottawa Senators.
‘I am trying to do that,’ the Deadpool star said on The Tonight Show with Jimmy Fallon. ‘It’s very expensive, I need a partner with really deep pockets.
‘It’s called a consortium when you form a group together to buy an entity. It’s just a fancy way of saying I need a sugar mommy or a sugar daddy.’
The franchise is currently valued at $655m – the sixth cheapest in the NFL out of 32 teams, report Sportico.
Back in February 2021 Ryan and fellow actor Rob McElhenney took over English football’s fifth-tier side Wrexham following a $2.76million deal.
Sports fan: Back in February 2021 Ryan and fellow actor Rob McElhenney took over English football’s fifth-tier side Wrexham following a $2.76million deal
The pair’s first full season in charge in North Wales brought a second-placed finish, a Wembley final for the FA Trophy, a special exception made to restore them back to the FIFA video game series and the conclusion of filming for season one of an access-all-areas documentary.
Ryan credits the correlation between his acting world and the business world for his success, 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, those kinds of things, the connective tissue between each one of those things is actually, ironically, storytelling, the same way it is with movies.’
‘That’s the thing I love about these businesses and their variety of them.’
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