• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Ryan Reynolds has earned more than £350 million from side business away from acting

Home> Entertainment> Celebrity> Celebrity News

Updated 11:56 27 Feb 2024 GMTPublished 11:57 27 Feb 2024 GMT

Ryan Reynolds has earned more than £350 million from side business away from acting

Deadpool actor Ryan Reynolds earns a very comfortable living from his side businesses

Natalie Horrobin

Natalie Horrobin

While Ryan Reynolds is best known for being a super successful Hollywood actor, as well as being the co-owner of a football club, it turns out that he also brings in a pretty comfortable living from his side businesses.

This shouldn't come as a surprise to fans of Reynolds, of course, with the Canadian actor being absolutely everywhere at the minute.

Even though the Deadpool actor isn't the first 'influencer' you may think of, his face alone can draw customers in more than your average joe to attract them to a company's product.

This ultimately results in a lot of money in his pocket.

So, what exactly are Reynolds' side businesses?

Advert

Yahoo! Finance reports that Reynolds, 47, owned a 25 percent stake in Mint Mobile at the time of its $1.35 billion sale to T-Mobile, netting the actor over $330 million (£260 million).

The actor also co-founded and sold Aviation American Gin for a whopping $610 million, netting as much as $122 million (£96 million) from the deal, according to NationalWorld.

Ryan Reynolds' side businesses includes brands such as Mint Mobile and Aviation Gin.
Max Mumby/Indigo/Getty Images.

But Reynolds doesn't claim to be a 'master investor'.

He told CNBC: "My job is storytelling", before telling Fortune that he's 'no wizard' at investing and the key is 'emotional investment' instead.

Advert

Reynolds constantly makes up to nine and 10 figure investments through a concept know as 'value-added investing' - a common tactic amongst celebrities that sees a person with large sums of money invest millions in start up companies and use their expertise to grow the business.

The Wrexham F.C co-owner can use his persona to illuminate the story of the company and increase their investment return on advertisements.

His wife, Blake Lively, also revealed in a recent interview that the couple began their relationship with solid boundaries and an agreement to never work in an acting gig at the same time since 2011, increasing Reynold's interest in start-ups.

Ryan Reynolds and wife Blake Lively.
ANGELA WEISS/AFP via Getty Images

Reynolds already has his sights set on a new investment, rumoured to be Nuvei Corp after announcing his stake in the company last year.

Advert

Other possible investments from Reynolds include 1Password, Wealthsimple Inc., and the Alpine F1 Team.

In November 2022, Reynolds tried to purchase the Ottawa Senators, but in May 2023, several media outlets reported that the buyer group the actor was linked to didn't end up putting in a final bid.

Other celebrities like Venus Williams also use value-added investing, as the tennis star has shares in Ellevest, a digital investing platform and app that empowers women financially and helps them save for retirement.

Featured Image Credit: Leon Bennett/The Hollywood Reporter via Getty Images / Mint Mobile

Topics: Money, Ryan Reynolds, Celebrity

Natalie Horrobin
Natalie Horrobin

Advert

Advert

Advert

  • Ryan Reynolds teases Deadpool is joining the Avengers sending Marvel fans into meltdown
  • Avengers: Doomsday full cast ranked as Ryan Reynolds 'confirms' Deadpool return
  • Blake Lively issues response to Justin Baldoni suing her and husband Ryan Reynolds for £320 million
  • Justin Baldoni sues It Ends With Us co-star Blake Lively and Ryan Reynolds for £320 million

Choose your content:

11 hours ago
12 hours ago
13 hours ago
  • 11 hours ago

    Reading Festivalgoers shocked as Hollywood celeb joins band to sing rap song in 'what the f***' moment

    That's a combination I never expected to see

    Entertainment
  • 11 hours ago

    Child star reveals surprising reason why 'renting is better than owning a house'

    Apparently, the luxury of having a landlord at your beck and call is well worth the money

    Entertainment
  • 12 hours ago

    Ozzy Osbourne 'knew he was dying' during final Black Sabbath concert

    He performed in his hometown less than two weeks before his death

    Entertainment
  • 13 hours ago

    Jamie Lee Curtis speaks out after revealing outfit 'distracted' her fans

    The Tess Coleman of 2025 seems to be a bit much for some

    Entertainment