Did Ryan Reynolds sell Mint?

Asked by: Delta Jacobson  |  Last update: March 2, 2024
Score: 4.5/5 (43 votes)

Ryan Reynolds's Mint Mobile was bought by T-Mobile for $1.35 billion. Ryan Reynolds has assumed many guises since he shot to fame in the 1990s.

Does Ryan Reynolds still own mint?

Mint Mobile, the prepaid wireless brand in which Ryan Reynolds holds a minority ownership stake, has been acquired by T-Mobile in a deal worth up to $1.35 billion.

How much did Ryan Reynolds make selling mint?

However, according to Benzinga, he recently raked in a cool $300 million with the sale of Mint Mobile to cell phone giant T-Mobile. Reynolds owned a 25% stake in the company, which sold for $1.35 billion, CNBC confirmed. Reynolds next venture is an investment in Canadian financial technology company Nuvei.

What company did Ryan Reynolds sell?

Reynolds has an estimated net worth of $350 million, according to Celebrity Net Worth. T-Mobile entered into a $1.35 billion deal to buy Reynolds-backed wireless carrier Mint Mobile in March 2023. Reynolds sold his gin company, Aviation Gin, for $610 million to European alcohol company, Diageo in 2020.

How much did Ryan Reynolds make from Wrexham?

The deal likely pocketed Reynolds around $300m (£240.7m) and followed on from the successful sale of Aviation Gin in 2020, which was reportedly worth more than $600m (£481.4m). Reynolds owned 10 per cent.

Ryan Reynolds explains sale of Mint Mobile to T-Mobile

36 related questions found

Is Wrexham making a profit?

Following the huge financial investment in the club, Wrexham made a roughly £3 million loss last year, despite a £6 million turnover. However, owners Ryan and Rob believe that their spending will pay off in the long run.

How much is Disney paying for Wrexham?

Reynolds and McElhenney reportedly paid around £2 million ($2.5 million) for the non-league club. To compare this to leagues above them, a League 2 side could cost up to five times as much as Wrexham, whereas some Premier League clubs go into the billions.

Is Ryan Reynolds now a billionaire?

Ryan Reynolds has gone from a little known actor to a billionaire movie star. Companies he co-owns or has sold are valued at over $14 billion.

What is Wrexham worth now?

All that means that Wrexham could now be worth £8million, according to Saxo Bank - a 300 per cent increase in just three years.

How much is Ryan Reynolds worth now?

As of 2023, his net worth is estimated to be $350 million.

Does Ryan Reynolds still own Wrexham?

Reynolds and McElhenney were able to buy the club with no down payment. However, they agreed to contribute about $2.6 million to infrastructure upgrades. They gained control of the club in February 2021. They have since invested in the club's playing staff as well as its facilities.

How much is Ryan Reynolds worth after Mint Mobile?

Ryan Reynolds cashes in on the sale of Mint Mobile

It's estimated that Reynolds, an early investor in the affordable network service, owned about 25% of Mint. If that's accurate, the actor pocketed something in the realm of $300 million due to the sale.

How much of mint does Ryan own?

His 25% majority stake in fledgling Mint Mobile led to a substantial windfall when T-Mobile acquired the startup for $1.35 billion after just four years. Between 2017 and 2020, Mint Mobile's revenue increased by nearly 50,000%, with many subscribers signing up because of Reynolds, according to Fortune.

How much did Ryan Reynolds sell T-Mobile for?

Mint Mobile, the wireless firm that counts Reynolds as a minority owner, has been acquired by wireless giant T-Mobile in a deal that could value the startup firm at $1.35 billion (the actual payout will depend on the performance of the brands before and after the deal closes).

Did Mint sell to T-Mobile?

T-Mobile announced in March its $1.3 billion plan to acquire Ka'ena Corporation and its subsidiaries: Mint Mobile, Ultra Mobile and Plum, a wholesaler. According to the financial analysts at Wells Fargo, Mint counts around 3 million customers.

What percent of mint does Reynolds own?

The Deadpool star owns a reported 25 per cent of Mint Mobile.

Are Rob and Ryan making money on Wrexham?

Ker declined to reveal the number, but Reynolds asked him to "quantify loads for us" in the episode. Wrexham's Advisor to the Board Shaun Harvey then tells the duo that they have lost an estimated £10 million (which converts into roughly $12 million) on the investment as of the time of filming.

How much money has Wrexham lost?

It was adviser to the board Shaun Harvey who finally shed light on the situation, stating that the losses amounted to an estimated £10 million, roughly equivalent to $12 million at the time of filming. Don't Miss: The Startup Powerhouse Behind 40,000 Pickup Soccer Games And Counting Is Open For Investment.

How much money have Ryan and Rob put into Wrexham?

Having been sold off over a decade ago to Wrexham Glyndwr University, it cost the comic duo a staggering £3.67 million – according to the club's accounts in June 2022. Reynolds and McElhenney have also recently unveiled ambitious plans to redevelop the ageing site as Wrexham FC's popularity soars.

Do Blake Lively and Ryan Reynolds have security?

The couple had a security guard following close behind them to keep them safe. Just a few days earlier, Blake was spotted out for dinner with her close friend Taylor Swift and we have all of those photos. Ryan joined the ladies and some more friends for a star-studded meal in the Big Apple earlier in the month.

What is Rob McElhenney worth?

The It's Always Sunny in Philadelphia star has a net worth of about $50 million, according to Celebrity Net Worth. McElhenney co-owns Welsh soccer team Wrexham AFC with actor Ryan Reynolds. McElhenney is a co-creator, actor, and executive producer on Always Sunny, which has aired since 2005.

Is Blake Lively rich?

Blake Lively, the versatile American actress and model, has carved a path to success, accumulating a net worth of $30 million. When considering her shared assets with husband Ryan Reynolds, their combined net worth reaches even greater heights.

How much is promotion worth to Wrexham?

All League Two clubs will pocket £1.1 million each, which is comprised of the league's television rights deal, as well as the solidarity payments to lower tier clubs from the Premier League. That's a huge increase over the £200,000 handout from the fifth-tier National League.

What hotel does Ryan Reynolds stay in Wrexham?

Until then, Reynolds and McElhenney have been staying at the luxurious four-star Carden Park estate in Cheshire. The estate is just ten miles away from the Racecourse Ground and boasts top class sporting facilities, which Wrexham's players have used themselves.

How much did Ryan Reynolds sell aviation gin for?

Why Ryan Reynolds Sold His Aviation Gin Business For $610 Million. On August 2020, Ryan Reynolds made a major announcement, revealing the sale of his beloved Aviation Gin brand.