
Ryan Reynolds' deal with Mint Mobile has been a lucrative one. He reportedly signed a five-year contract with the company in 2019.
As part of the deal, Reynolds became the face of Mint Mobile's marketing campaigns. His involvement helped increase brand awareness and attract new customers.
In 2020, Mint Mobile reportedly generated $1.5 billion in revenue. Reynolds' involvement was a significant factor in this growth.
Ryan Reynolds' Potential Earnings
Ryan Reynolds could earn a payout of more than $300 million from his stake in Mint Mobile, which was sold to T-Mobile for up to $1.35 billion.
His stake in Mint Mobile represents about 25% of the company, which would value Reynolds' stake at about $340 million based on the sale price.
Reynolds said he had bought "a pretty large chunk of the company" in a Wednesday CNBC interview.
The actor will continue to make commercial appearances on Mint's behalf, with co-founder David Glickman saying Reynolds has incentives to "continue for years."
Ryan Reynolds will reap a staggering windfall from the sale of Mint Mobile, with some estimates suggesting he could earn upwards of $270 million.
Reynolds owns an undisclosed but "significant" stake in Mint, with some reports suggesting he owns around 20-25% of the company.
The actor's stake in Mint Mobile is a significant portion of the company, and he could earn a substantial payout from the sale.
From Mint Mobile
Ryan Reynolds could make as much as $340 million from his stake in Mint Mobile, which was sold to T-Mobile for up to $1.35 billion.
Mint Mobile's sale to T-Mobile is a huge payday for Reynolds, who bought a stake in the company in 2019. He jokingly said at the time that he would be paying himself $15 a month, the price of the company's basic wireless plan.
Reynolds' stake in Mint Mobile represents about 25% of the company, according to Fortune Magazine. This means he could earn a payout of more than $300 million from the sale.
The deal is a testament to Reynolds' savvy business sense, which has earned him a reputation as a shrewd investor. He also invested in Aviation Gin, which was sold to spirits giant Diageo in 2020 for up to $610 million.
Reynolds' ownership stake in Mint Mobile has been a significant contributor to the company's growth, which has seen revenue increase by 50,000 percent between 2017 and 2020.
Ryan Reynolds' Net Worth
Ryan Reynolds' net worth is a staggering amount thanks to his savvy investments. He could earn a payout of more than $300 million from his stake in Mint Mobile.
Reynolds' stake in Mint Mobile represents about 25% of the company, which would value his stake at about $340 million based on the sale price of $1.35 billion. He bought a stake in Mint Mobile in 2019 for a basic wireless plan price of $15 a month.
Reynolds has also made a killing from his investment in Aviation Gin, which was sold to spirits giant Diageo in 2020 for up to $610 million. He maintained an ongoing ownership interest in the company after the deal.
In addition to his investments, Reynolds is also part-owner of Wrexham AFC, a Welsh soccer team he bought with actor Rob McElhenney in 2021 for about $2.5 million.
Sources
- https://www.cbsnews.com/news/ryan-reynolds-net-worth-wealth-mint-mobile-sale-300-million/
- https://nypost.com/2023/03/16/who-will-pay-as-ryan-reynolds-makes-mint-from-t-mobile-deal/
- https://www.latimes.com/business/story/2023-03-15/ryan-reynolds-gets-a-big-payday-backed-mint-is-bought-by-t-mobile-for-1-35-billion
- https://www.forbes.com/sites/marisadellatto/2023/03/15/ryan-reynolds-mint-mobile-acquired-by-t-mobile-for-13-billion/
- https://www.dailymail.co.uk/news/article-11996919/Ryan-Reynolds-300-million-Mint-Mobile-payday-threat-sources-say.html
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