Hailey Bieber, Ryan Reynolds & More Who Sold Their Brands for Billions
Share and Follow

When Ryan Reynolds sampled Aviation Gin for the first time in 2017, an idea took flight.

“I kept ordering this same Negroni again and again, and I didn’t know why it was so good,” the Deadpool star told reporters in August 2018, months after buying a stake in the Portland, Ore.-based small batch label owned by Davos Brands. “It was because of the gin, Aviation Gin. I realized I didn’t need the Negroni. I just needed the gin.”

And he took that shot, he explained, because “we’re at the beginning of what feels like a modern day gin craze. Millennials are drinking it. Young people are drinking it. Not toddlers, but young people.”

Moreover, Reynolds quipped, “Like a lot of people, I’m inspired by George Clooney.”

As was Diageo, which also snatched up Aviation Gin and several other Davos Brands labels in a deal worth $610 million in 2020.

A hefty sum but peanuts compared to the deal worth up to $1.35 billion that T-Mobile signed in 2023 to acquire Mint Mobile, which to this day runs ads featuring Reynolds—a minority stakeholder—stumping for no hidden fees and customer-friendly pricing.

But the actor himself says he’s “no wizard” when it comes to investing, maintaining that his job is storytelling.

“If you look at a gin company, a wireless company and a Welsh football club,” he said on CNBC’s Squawk Box in 2023, “those things don’t really go together if you think about it, but they all have strong brand foundations.”

Share and Follow
You May Also Like

Ariana Grande’s Tribute to Judy Garland: Hear What Garland’s Daughter Has to Say

Lorna Luft, the daughter of iconic actress Judy Garland, has enthusiastically praised…

Katy Perry Unveils Bold New Tattoo as Romance Heats Up, Sending Fans into Frenzy

Katy Perry has sparked speculation among her followers that she and her…

Joy Behar Absent from ‘The View’ for Third Consecutive Day: What We Know

As we hit the midpoint of the workweek, Joy Behar remains absent…

Introducing Fiona Belle: ‘Selling The OC’ Season 4’s Dynamic New Agent You Need to Know

The latest installment of Netflix’s popular Selling Sunset spinoff, Selling The OC,…

Kim Kardashian’s Brazilian Stiletto Strut: A Balancing Act in Sky-High Heels

Kim Kardashian faced a tricky challenge on Tuesday as she attempted to…

Find Out When the New Episode of ‘The Voice’ Premieres on NBC!

The latest episode of The Voice‘s Knockouts aired on Monday, November 10,…

Controversy Surrounds Ned Nwoko: Sowore’s Evidence Suggests Regina Daniels Married at 17, Sparking Underage Marriage Debate

The ongoing debate around billionaire politician Ned Nwoko’s marriage to Regina Daniels…