Ryan Reynolds Strikes it Rich with Mobile Communications Investment
Ryan Reynolds, the 46-year-old Hollywood star, has not only been successful in love and the film industry but also in investments. The star of hit films such as Deadpool has been investing his millions in companies that eventually sell in lucrative deals. His latest investment in Mint Mobile paid off big time after the T-Mobile group acquired the company for an incredible USD 1.35 billion, in which Reynolds has a 25 percent stake. Since acquiring the shares in November 2019, the actor is expected to have made at least $300 million.
Ryan Reynolds has proven to have business acumen beyond the film industry. In 2018, he bought shares in the gin brand Aviation American Gin and two years later, the company was sold for $610 million. Reynolds ranked second on Forbes magazine’s list of highest-paid actors as of June 2020. Despite his financial success, Reynolds came from a working-class family and knows the value of money. His children receive only two presents on Christmas morning – one from Santa Claus and one from Mom and Dad.
The Hollywood darling is proud and grateful for his recent success. Reynolds modestly shared the news of the Mint Mobile acquisition with his 21 million Twitter followers, saying, I never dreamed that I would one day own a mobile phone company, and I certainly never dreamed that I would own it to T-Mobile would sell. He further added, Life is strange and I am incredibly proud and grateful.
Reynolds’ latest investment will undoubtedly add to his already impressive net worth, rumored to be over a billion dollars. However, the actor’s values keep him grounded, and he ensures that his children understand the value of money. Ryan Reynolds is not only a Hollywood success story but a savvy investor who continues to make winning investments.
