Ryan Reynolds Gets More Than $1 Billion for Selling His Wireless Business: "So Proud And Excited"

Ryan Reynolds is displaying impressive financial acumen.

Reynolds is an investor in several companies, including Mint Mobile, which T-Mobile revealed it would buy for $1.35 billion on Wednesday.

His ownership is still undisclosed, but Bloomberg claims it is “significant” in quantity. According to Variety, his ownership share could reach 25%.

In a statement issued by T-Mobile on Wednesday, Reynolds said, “Mint Mobile is the best deal in wireless and today’s news only enhances our capacity to deliver for our customers.

The actor-turned-entrepreneur jokingly said, “We are so pleased T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we think the excellence of their 5G network will provide a better strategic match than my mom’s slightly above-average mahjong skills.

Reynolds continued, “I am so proud of the complete Mint team and so eager for what lies ahead.

A post shared by Ryan Reynolds (@vancityreynolds)

According to the announcement, the second-largest mobile phone provider in the country will acquire Mint for $1.35 billion in exchange for 39% cash and 61% stock. Reynolds will continue to work for the business in his creative capacity as part of the agreement.

Reynolds and T-Mobile CEO Mike Sievert issued a brief video announcing the acquisition as part of the media announcement. Reynolds’ other business, Maximum Effort Advertising, created the humorous video, which features Sievert speaking solemnly about the merger and Reynolds cracking jokes like, “Nice to have a new dad!” before hugging his new partner.

For the savvy businessman Reynolds, this is not his first significant financial transaction in recent years. A deal worth an estimated $610 million saw him sell his Aviation American Gin to the European beverage firm Diageo in 2020.

In the wake of news of the massive acquisition, the Deadpool star, 43, set up his email at the alcohol brand with a hilarious out-of-office message in which he apologized to a long list of people — including wife Blake Lively — for jokingly telling them “to go f––kf themselves in the last 24 hours” after learning how much money he would make in the sale.

Ryan Reynolds Gets More Than $1 Billion for Selling His Wireless Business: “So Proud And Excited”

Ryan Reynolds is displaying impressive financial acumen.

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