After Mint Mobile, Another Multi-Billion Dollars Worth Ryan Reynolds-Backed Company Gears Up for Sale
The world of Hollywood gets as competitive as it is lucrative. Opportunities galore for those with the perfect combination of determination and talent, but those with the added sense of business acumen can expect to dial up their fortunes significantly. Standing among those with the rightful blend of all essential skills, Deadpool actor Ryan Reynolds has left no corner untouched with his arguably unparalleled mix of wit, humor, and intelligence.
Boasting such a persona that pulls brands to him rather than the other way around, one of his backed businesses now stands on the verge of making a giant leap.
A Canadian company exchanges its hands after brush with the actor
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Carrying a net worth of over $350 million, Ryan Reynolds stands famed as possessing some sort of Midas’ touch. Every company that he happens to vouch for ends up raking in profits and numbers. Early last year, the Canadian actor praised the Canadian fintech company, Nuvei’s leadership, potential for growth, and prospective success. Now, the Deccan Herald reported that the same stands set to be acquired by Advent International at a valuation of $6.3 billion.
The deal once again highlights the spotlight that Reynolds throws by simply backing his likings. Similarly, after acquiring a 25% stake in Mint Mobile, he went ahead with delivering advertisements so creative that it became hard for people to even think of skipping them. Upon its acquisition by T-Mobile, the Free Guy actor made over $300 million. Despite not owning a stake, his branding genius still has him serve as its brand ambassador.
In 2024, the Hollywood icon has hardly let go of his business skills and instead prepares for big returns on investments.
Wrexham AFC and Deadpool and Wolverine stand out in Ryan Reynolds’ portfolio
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Employing a combination of creative wizardry and self-acquired tactics, Ryan Reynolds juggles between a number of multi-million dollar ventures. Of his most prized assets, Wrexham AFC, co-owned with Rob McElhenney, begs to differ as a star turnout. The Welsh football club has turned its fortunes head-over-heels ever since the Hollywood duo’s acquisition, even as it looks to its next automatic qualification to the next tier of the English Football League.
Another production company, Maximum Effort, owned by Ryan Reynolds, also serves for his production duties on Deadpool & Wolverine. The sole 2024 MCU outing has added enough teeth to its arsenal with the return of Hugh Jackman and rumors of a Henry Cavill cameo preparing it for sell-out business at the box office. Thus, a master of his wits, the actor has only higher skies to reach for.
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What are your thoughts on another Ryan Reynolds-backed entity selling itself? Let us know in the comments below.
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Edited By: Aliza Siddiqui
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