Ryan Reynolds’ main profession could be acting, but he also delves into the corporate world. The actor likes to make small investments and fund small startups. Besides his latest acquisition, Wrexham Football Club, which he bought for $2.4M, he also owns several other businesses. He is a marketing genius known for producing creative commercials to push brands. If you are curious about how much Ryan Reynolds paid for his other businesses, including Mint Mobile, keep reading.
What business does Ryan Reynolds own and how much did he pay for them including Mint Mobile?
Ryan and George Dewey founded the film production and digital marketing company, Maximum Effort in 2018. MNTN bought the firm in 2021, making Reynolds the Chief Creative Officer and Dewey as Chief Brand Officer. As soon as Ryan owned a 20-25% stake in Mint Mobile in 2019, he quickly became the brand ambassador of the brand. How much did Ryan Reynolds pay for his first entrepreneurial venture? His investment was not made public, though.
The brand offers premium quality phones and internet at an affordable price. After the immense amount of growth the company saw after Ryan’s association, it was up for sale for $600M in 2021.
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Fans are obviously aware of Aviation Gin. How can you miss the commercials that are just small comedy skits? Ryan took over the company from Christian Krogstad and Ryan Magarian in 2018. However, the brand was yet again sold off at $610M to Diageo in 2020.
The following year, the man made an investment in Wealthsimple, a financial management company. The Adam Project star has also invested in 1Password in 2022, a password management software company, along with the likes of Robert Downey Junior and Justin Timberlake. It is now valued at $6.8B.
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Ryan is currently busy getting into shape for the upcoming Deadpool 3 and preparing his Wrexham Footballer Club in the latest docuseries. We will have to wait and see where he invests next!
Do you think he should just stick to acting?