![]() These ventures have helped to make some of them billionaires. Long before the spirits business became a trend in Hollywood, skincare and cosmetics were major sources of revenue for celebrities. Thomas Ashbourne Craft Spirits brought together a bigger celebrity collaborative spirit three months later by creating a founding team with Sarah Jessica Parker, John Cena, Ashley Benson, Rosario Dawson, Vanessa Hudgens, and Playboi Carti - each of whom introduced their own blend of ready-to-drink premium cocktails. In February 2022, German spirits giant Mast-Jägermeister gained a stake in actor Dwayne 'The Rock' Johnson's Teremana Tequila. "The Vampire Diaries" co-stars Ian Somerhalder and Paul Wesley's joint venture Brother's Bond Bourbon shipped 50,000 cases within the first four months of the company's launch in 2021, with pre-sales reaching $1.4 million. Proximo, the parent company of comedian Kevin Hart's tequila brand bought MMA fighter Conor McGregor's Irish whisky brand for $600 million in April 2021. Benett/Dave Benett / Getty Images for Casamigos Tequila) Stick with this one."Ītmosphere at the London launch of Casamigos Tequila on Octoin London, England. "Also, I don't recommend trying every gin on the planet. "I've tried every gin on the planet and Aviation is, hands down, the best," Reynolds said. He became co-owner in 2018, and has promoted the gin on talk shows and even in his superhero movie "Deadpool." The deal included "an ongoing ownership interest" between the two, but Aviation Gin wasn't Reynolds' creation. ![]() Reynolds has been at the forefront of promoting luxury alcohol brand Aviation Gin, which was acquired by Diageo ( DEO) for $610 million in 2020. The pandemic years saw a rise in celebrity alcohol businesses, and it has proven to be profitable.Īnd even after a buyout, most celebrities remain the face of the company. Here's a look at some of those buyouts: Reynolds and Aviation Gin Similarly, other celebrities with large private businesses, especially in the alcohol and cosmetics industries, have sold their stake to bigger corporations. It isn't the first time that major companies have gotten involved in celebrity business ventures. ![]() Reynolds, meanwhile, will remain in his creative role for Mint.Actor Ryan Reynolds holds a minority ownership stake in Mint Mobile. Mint founders David Glickman and Rizwan Kassim will stay on at T-Mobile after the transaction is complete to manage the brands. “We think customers are really going to win with a more competitive and expansive Mint and Ultra.” “Over the long-term, we’ll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile,” Sievert said. T-Mobile said Wednesday that it is acquiring the brands’ sales, marketing, digital and service operations. T-Mobile CEO Mike Sievert said the company plans to give a boost to Mint’s already successful digital direct-to-consumer business. said Mint and Ultra Mobile are complementary to its existing prepaid services, Metro by T-Mobile, T-Mobile branded prepaid and Connect by T-Mobile. It plans to use its supplier relationships and distribution scale to help grow the brands and offer competitive pricing and greater device inventory to more US consumers seeking low cost offerings. “I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile,” Ryan Reynolds tweeted. T-Mobile said it is acquiring Mint’s sales, marketing, digital and service operations. The “Deadpool” star reeled in $610 million in the sale of his gin company in 2020. Reynolds owns a “significant” stake in Mint, according to Bloomberg. “Life is strange and I’m incredibly proud and grateful.” “I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile.” Reynolds said in a tweet. The brands, which already use T-Mobile for their network, will be run as a separate business unit. will give it access to the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. Mint Mobile, partly owned by actor Ryan Reynolds, will be acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion, the Hollywood star revealed Wednesday. ![]() Ryan Reynolds emotional after ‘romantic’ Wrexham promotion: ‘Giggling and sobbing’ Snoop Dogg enters bidding war with Ryan Reynolds for NHL team: ‘He’s excited’ Ryan Reynolds, Rob McElhenney will bring Wrexham AFC party to Las Vegas Ryan Reynolds tells Wrexham star to ‘put a f–king shirt on’ when greeting Blake Lively ![]()
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