Despite Selling Mint Mobile for $1.3 Billion, Ryan Reynolds Could Get $300 Million From the Deal

Published 03/18/2023, 9:30 AM EDT

via Imago

The Canadian actor, Ryan Reynolds, has earned his name as a brilliant actor in Hollywood. Lately, he has been trying to establish himself as a businessman as well. The actor has been a part of Mint Mobile for around 3 years. Recently, he sold his stakes to T-Mobile for $1.3 billion. But did you know, the Canadian actor could walk away with a little less but a sizeable amount?

After buying the stakes of Mint Mobile in 2019, the actor owned almost 25% of the company. When the Deadpool actor bought the stakes back then, he even showcased his classic sense of humor by joking about it. He said he would pay himself monthly $15. He recently sold his part of the stakes to another telecom giant while potentially walking out with $300 million. Although no one from the company nor did the actor reveal the portion that the actor sold, as reported by CBS News.

https://twitter.com/VancityReynolds/status/1636047794589909004?s=20

ADVERTISEMENT

Article continues below this ad

Not only Mint Mobile but also T-Mobile didn’t reveal any more information than the public already knows. In 2020, the father of four also sold his stakes from Aviation Gin after being a part of it for 3 years. And now he sold his stakes from the wireless service provider.

DIVE DEEPER

After a Staggering $1.35 Billion Deal, Ryan Reynolds’ Desire to Buy Ottawa Senators Can Finally Come To Reality

over 1 year ago

With the money he would get from this deal, fans want him to buy the NHL’s Ottawa Senators. Reynolds had already met with the commissioner, Gary Bettman, and charmed him. However, then there was a question of affordability. But now, as he sold his stakes in Mint Mobile, fans are optimistic about the buy.

What else Ryan Reynolds is doing in his professional life?

ADVERTISEMENT

Article continues below this ad

Apart from settling this deal, the Vancouver-born actor is expanding his business in his native land. He is establishing his business in Canada with Maximum Efforts. He wants to create the largest television and movie production hub. Moreover, the actor is also focusing on his football club, Wrexham AFC. Reynolds and his partner, Rob McElhenney, want to make the team global.

Meanwhile, the 46-year-old actor is also preparing for his upcoming movie, Deadpool 3. While the professional life of the actor seems extremely busy, after welcoming the fourth child into the family, his personal life has also become hectic.

ADVERTISEMENT

Article continues below this ad

DIVE DEEPER

Ryan Reynolds Adds Fuel to Fire as He Follows Ottawa Senators Amidst Rumors of Buying the NHL Side

over 1 year ago

What are your thoughts about Reynolds selling his stakes to T-Mobile? Feel free to share your opinions in the comment box below.

SHARE THIS ARTICLE :

ADVERTISEMENT

Neha Chande

1876 articles

Meet Neha Chande, an entertainment writer at Netflix Junkie, who has written more than 1100 articles. With a Master's degree in English Literature, Neha believes in unbiased journalism. Before delving into her passion for writing and cinema, she taught English and communication skills as a facilitator and lecturer.

ADVERTISEMENT

EDITORS' PICK