BusinessRyan Reynolds could earn $300 million after the sale of Mint Mobile...

    Ryan Reynolds could earn $300 million after the sale of Mint Mobile to T-Mobile

    Last Wednesday, the German mobile network operator, T-Mobile announced the purchase of Ka’ena Corporation, parent of Mint Mobile for a value of $1,350 million dollars, a company in which the Canadian actor Ryan Reynolds has a 25% stake.

    The Hollywood star acquired part of the Mint’s shares in 2019, since then he has also worked as a spokesperson for the mobile virtual network operator. Taking into consideration the sale price and the participation percentage Reynolds would get about $340 million.

    So far the renowned actor has earned the reputation of the “smart investor”. Reynolds recently commented: “I never dreamed that I would own a wireless company and I certainly never dreamed that I would sell it to T-Mobile. Life is very strange and I am incredibly proud and grateful,” he said.

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    Reynolds, who also has a stake in Aviation American Gin, noted that “celebrities typically invest in high-end products like skincare brands or delicious gin companies,” he said, calling his Mint stock “unconventional.”

    The actor also He is co-owner since 2021 of a Welsh football team, Wrexham AFC which it acquired along with actor Rob McElhenney for $2.5 billion. Likewise, he is the owner, together with film producer George Dewey, of the company Maximum Effort, a film and digital marketing agency.

    Following the announcement of T-Mobile’s purchase of Mint Mobile, Reynolds posted on his Twitter account: “Mint was not an obvious next step after Aviation Gin. Low-cost wireless technology is not glamorous. However, in more than 3 years, Mint Mobile has grown exponentially,” said the actor.

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    Source: La Opinion

    This post is posted by Awutar staff members. Awutar is a global multimedia website. Our Email: [email protected]


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