Ryan Reynolds is a man of many talents—comedian, actor, producer and businessman. While you may know all about his onscreen work, be it Deadpool, X-Men Origins, Spirited, or The Proposal, the 48-year-old’s talents away from the camera might even more impressive.
Reynolds has showcased his business acumen through a series of successful entrepreneurial endeavours. With a keen eye for identifying and seizing lucrative opportunities, Reynolds has ventured into diverse industries such as liquor, sports and telecommunications, resulting in substantial financial gains.
Reports suggest that the actor has amassed an estimated net worth of $14 billion, which when converted, amounts to a staggering ₹1,17,696 crore (bonus points if you can recite the numerical correctly. In 2023, Reynolds was ranked alongside Matt Damon as one of Hollywood's top-earning actors by Forbes. However, his wealth is not solely derived from his on-screen performances. Below, we’re diving deep into some of his most successful business ventures:
Ryan Reynolds' top 6 business successes:
Wrexham FC
Wrexham FC is arguably the most popular investment made by Ryan Reynolds. In 2010, he and his fellow actor Rob McElhenney bought this Scottish club, while it was on the verge of bankruptcy, at a modest price of $2.5 million. Many wondered the motive behind putting his hard-earned money on this sinking ship. But Reynolds put his heart and soul into Wrexham and this season, the club repaid his faith by getting a promotion to the English Football League.
Maximum Effort
Ryan Reynolds joined hands with George Dewey and Michael Duda to start a marketing agency called Maximum Effort, which creates high-impact campaigns for big brands. Reynolds is actively involved in the day-to-day operation of this company and holds the post of CEO. Maximum Efforts recently signed a lucrative deal with Fubo TV and the company is currently valued at $10 million.
Mint Mobile
Five years ago, Reynolds bought a 25% stake in Mint Mobile, a wireless company founded by David Glickman, with whom the Hollywood actor has worked in the past. Reynolds also became the face of the brand that was later acquired by T-Mobile for a whopping $1.3 billion, in May this year. Reynolds reportedly made $300 million from this deal.
Wealthsimple
The Canadian wealth and asset management fund, Wealthsimple, is backed by Reynolds, who invested an undisclosed sum in this company. Wealthsimple raised $750 million last year, and apart from Reynolds, they also have celebrity investors like rapper Drake, NBA stars Kelly Olynyk and Dwight Powell, and Hollywood actor Michael J. Fox.
Aviation American Gin
Reynolds bought a majority stake in Aviation American Gin, and quickly promoted himself to the position of Creative Director. "About a year ago, I tried Aviation for the first time," he said when he joined the board of the company. "Since that day, I've spent my time finding some way to infiltrate the company." The company was later acquired by Diageo for $160 million.
Alpine F1 Company
Last year, Reynolds and his business partner Rob McElhenney acquired 24% of the F1 team, Alpine. The deal was estimated to be around $218 million. The team currently operates as BWT Alpine F1 after BWT acquired the naming rights.