Ryan Reynolds Net Worth (Brands and Businesses)
Ryan Reynolds has invested in various businesses and sports teams, growing his wealth significantly. Ryan Reynolds’s business ventures, combined with his acting career, contribute to his diverse and growing financial portfolio.
F1 Team Alpine
In June 2023, Ryan Reynolds and his business partner, Rob McElhenney, joined a group investing $218 million in the Formula One racing team, Alpine. They acquired a 24% stake.
Ottawa Senators Bid
In March 2023, Reynolds teamed up with Ontario developer Remington Group to bid for the NHL team, the Ottawa Senators, which is valued at $800 million. By April 2023, they were prepared to bid over $1 billion for the team and their stadium.
Wrexham AFC
In November 2020, Ryan Reynolds and comedian Rob McElhenney bought a Welsh soccer club called Wrexham AFC. At that time, Wrexham was in the fifth division of English soccer, four leagues below the Premier League. They bought the club without paying any money upfront but agreed to invest about $2.6 million in improving the club’s infrastructure. In April 2023, Wrexham was promoted to League Two and won the National League championship, marking their return to the English Football League after 15 years.
Maximum Effort
Reynolds co-founded a production and marketing agency called Maximum Effort in 2018. This agency has produced viral ads and in 2021, part of it was bought by MNTN. In 2022, it signed a deal with FuboTV, receiving shares worth $10 million.
Aviation Gin
In February 2018, Ryan Reynolds bought a small ownership stake in Aviation American Gin for an undisclosed amount. He also became the brand’s spokesman and creative director. Aviation Gin was originally founded by House Spirits Distillery in Oregon and was bought by Davos Brands in 2016.
Thanks to Reynolds’ funny ads, including a famous video with the “Peloton girl,” Aviation Gin’s sales grew significantly from 2018 to 2020, making it the second-largest premium gin brand in the US.
In August 2020, Diageo LLC agreed to buy Aviation Gin LLC and Davos Brands LLC for up to $610 million. The deal included an upfront payment of $335 million, with the rest to be paid based on performance over ten years.
If Ryan owned about 20% of Aviation Gin, he would have received around $67 million from the initial payment and could earn an extra $55 million from future performance payments.
Mint Mobile
In November 2019, Ryan Reynolds bought an ownership stake in Mint Mobile, a company that offers low-cost prepaid mobile phone services. He has appeared in several ads for Mint Mobile.
In March 2023, it was announced that T-Mobile was buying Mint Mobile in a $1.35 billion deal. This deal included $526 million in cash and $823 million in stock. It’s believed that Ryan owned 25% of Mint Mobile. If true, he would get $131 million pre-tax (about $70 million after tax) from the cash part. For the stock part, he would receive $205 million worth of T-Mobile stock, which equals about 1,423,611 shares of T-Mobile stock, based on the share price of $144 on March 15, 2023.
Wealthsimple
Ryan Reynolds is also an investor in Wealthsimple, an online Canadian wealth management service. In 2021, the Toronto-based company raised $750 million, making it worth $5 billion. Other celebrity investors in Wealthsimple include Canadian rapper Drake and actor Michael J. Fox.
1Password
Ryan Reynolds is an investor in 1Password, a Canadian password management software. He is also the face of the company and appears in its commercials. In 2022, the company raised $620 million and is valued at $6.8 billion.
Nuvei
In April 2023, Ryan Reynolds bought a stake in a Canadian fintech company called Nuvei. Nuvei, based in Montreal, is a global payments technology company.
Ryan said, “I know about as much about fintech as I did about gin or mobile a few years ago.” He praised the Nuvei team, calling them very smart and hardworking. He also said it’s time a Canadian company got the same attention as American tech companies.
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Ryan Reynolds Net Worth 2024 (Salary, Brands and Businesses)
Ryan Reynolds net worth in 2024 is estimated to be $350 million. He is a Canadian actor, producer, and entrepreneur, known for his witty personality and versatile acting skills. Born on October 23, 1976, in Vancouver, British Columbia, he started his career in television before making his mark in Hollywood
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Beyond acting, Ryan Reynolds is involved in various business ventures, including owning a stake in Aviation American Gin, which he later sold in a lucrative deal, and being a part owner of Mint Mobile, a wireless service provider. He is also known for his philanthropy and social media presence, where he often shares humorous posts.
Reynolds has made significant money from his investments. For example, he sold his gin company, Aviation Gin, to Diageo, a big European alcohol company, for $610 million in 2020. He also backed Mint Mobile, a wireless carrier, which was bought by T-Mobile for $1.35 billion in March 2023.
Reynolds is married to actress Blake Lively, and they have three children together. His career continues to thrive with a mix of film projects and business endeavors.
Here’s everything you want to know about Ryan Reynolds net worth in 2024.