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

Brooklyn Beckham’s Heartfelt Insights: Exploring His Unique Bond with David and Victoria in 2017

In his 2017 book on wildlife photography, Brooklyn Beckham expressed heartfelt gratitude…

Seeking Love: Woman Invites Brides to Consider Becoming a Third Wife

A Nigerian woman’s social media post has ignited a lively conversation online…

Andy Cohen Expresses Support for Victoria Beckham Amid Brooklyn Beckham Dispute: “I Stand with Posh

On Wednesday night, Andy Cohen delved into a variety of celebrity conflicts…

Harry Styles Announces Intimate Tour Venues Amid Blossoming Romance Rumors

The last time Harry Styles launched an album, he embarked on a…

Tamara Smart Eagerly Anticipates “The Junkyard” in ‘Percy Jackson’ Season 3, Shares Insight into Researching Coma Patients for Her Role as Thalia Grace in Season 2

Tamara Smart, known for her role in Percy Jackson and the Olympians,…

Travis Scott Reveals How Fatherhood Transformed His Outlook on Life

Travis Scott has opened up about how fatherhood has transformed his outlook…

Kendall Jenner Crashes Kylie Jenner and Timothée Chalamet’s Star-Studded Date Night

Kendall Jenner seems to be following her sister’s lead. The renowned model…

Is a New Episode of ‘Power Book IV: Force’ Scheduled for This Week? Latest Updates on Season 4

The future of the Power universe looks bright with exciting developments on…