Ryan Reynolds

Hollywood actor and Wrexham FC co-owner Ryan Reynolds is the latest celebrity investor to take home a hefty paycheck after a good investment paid off. ...

Actor Kevin Bacon and his wife Kyra Sedgwick lost “most” of their money in the infamous Bernie Madoff’s Ponzi scheme which defrauded investors to the tune of about $65bln. Other successful celebrity investors in the alcohol space include MMA legend Conor McGregor with his Irish whiskey Proper No. [$300mln in cash and stocks](https://www.proactiveinvestors.com/companies/news/1009244/ryan-reynolds-could-net-us-300mln-from-sale-of-mint-mobile-1009244.html) from the [sale of Mint Mobile](https://www.proactiveinvestors.com/companies/news/1009174/ryan-reynolds-mint-mobile-sold-to-t-mobile-in-1-3b-deal-1009174.html), in which he is a part-owner, to T-Mobile.

Mint Mobile, partly owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion.

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 U.S. The transaction is targeted to close later this year. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum.

Hollywood star Ryan Reynolds is the latest celebrity to make bank through savvy investments that are a world away from his onscreen acting performances.

"For me, I thought I was like a gajillionaire," Reynolds said. "Everything we do is scrappy. He was the second highest-paid actor in the world in 2020, according to Forbes, regularly making over $20m per film, coming in behind Dwayne "The Rock" Johnson. The Deadpool star is expected to see a major payday after T-Mobile, the second largest mobile phone carrier in the US, agreed to purchase a company that Reynolds has invested in. The Canadian actor is set to rake in over $300m (£248m) after a telecoms firm in the US offered to buy a smaller phone network that he owns a stake in. The co-owner of Welsh football team Wrexham AFC also sold a gin brand he co-owned in 2020 for a reported $610m.

This has allowed Reynolds' companies to produce not only films, but funny, engaging, and topical ads. Case in point: Davos Brands' Aviation Gin, in which ...

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