What Is Ryan Reynolds’ Net Worth?
Ryan Reynolds, the Canadian-born actor and entrepreneur, has amassed a considerable net worth estimated at $350 million. A substantial portion of this wealth is attributed to his successful entrepreneurial ventures, most notably his involvement with Aviation Gin and Mint Mobile.
Ryan Reynolds’ Entrepreneurial Ventures and Investments
Reynolds’ business acumen has significantly contributed to his overall net worth. In February 2018, he acquired an “unspecified minority” stake in Aviation American Gin. While the exact financial details of the initial acquisition remain undisclosed, his role extended beyond mere ownership; he became the brand’s spokesman and creative director.
Aviation Gin, initially founded by Oregon-based House Spirits Distillery, was later acquired by Davos Brands in 2016. Reynolds’ involvement injected a new level of marketing savvy into the brand, and the sales of Aviation Gin grew rapidly from 2018 to 2020, achieving its status as the second-largest super-premium Gin brand in the US. His cheeky advertising campaigns, including the memorable video involving the “Peloton girl,” played a crucial role in this growth.
In August 2020, Diageo LLC acquired Aviation Gin LLC and Davos Brands LLC for a deal that could reach $610 million. The initial upfront cash payment was $335 million, with the remaining amount contingent on performance milestones over the subsequent ten years. Based on comparable celebrity alcohol deals, it is estimated that Reynolds held a 20% stake in Aviation Gin. This would have translated to approximately $67 million pre-tax from the upfront cash payment and the potential for an additional $55 million from milestone payments.
Another lucrative investment for Reynolds was his stake in Mint Mobile. In November 2019, he purchased an ownership stake in the wireless carrier that offers low-cost pre-paid mobile phone services. As with Aviation Gin, he became the face of the brand, starring in numerous advertisement campaigns.
In March 2023, T-Mobile acquired Mint Mobile in a deal valued at $1.35 billion. The transaction comprised 39% cash ($526 million) and 61% stock ($823 million). It is estimated that Reynolds owned 25% of Mint Mobile. If these numbers are accurate, his share would amount to $131 million pre-tax in cash (approximately $70 million after tax) and $205 million worth of T-Mobile stock. On the day the deal was announced, this would have translated to 1,423,611 shares of T-Mobile, based on a share price of $144 on March 15, 2023.
Reynolds, along with Rob McElhenney, acquired Wrexham AFC in November 2020. At the time of purchase, Wrexham AFC was in the fifth division of English soccer. They agreed to invest roughly $2.6 million towards infrastructure improvements, and in April 2023, Wrexham got promoted to League Two, marking the club’s return to the English Football League after 15 years.
Ryan Reynolds’ Acting Career and Earnings
While his entrepreneurial ventures have significantly boosted his net worth, Ryan Reynolds’ acting career has also been a consistent source of income. His early career began in 1991 when he starred in the Canadian teen soap opera “Hillside,” which was distributed in the US by Nickelodeon under the title “Fifteen.”
Reynolds then had a recurring role in “The Odyssey” and appeared in an episode of “The X-Files” (1996). He also starred in the two-part miniseries “In Cold Blood” (1996) and co-starred with Melissa Joan Hart in the TV movie “Sabrina the Teenage Witch” (1996). In 1998, he starred as Michael “Berg” Bergen in “Two Guys, A Girl and a Pizza Place” for four seasons.
He gained wider recognition through films like “National Lampoon’s Van Wilder” (2002), “Blade: Trinity” (2004), and “The Proposal” (2009). His portrayal of the Hal Jordan version of Green Lantern in the 2011 film “Green Lantern” was not well-received, but Reynolds recovered and achieved greater success with “Deadpool” (2016).
Reynolds’ base salary for the first “Deadpool” movie was a relatively modest $2 million. However, his final payday increased substantially due to a lucrative share of the backend points. The film, which cost $58 million to produce, grossed over $780 million worldwide. In 2017, Reynolds earned approximately $22 million, placing him among the 20 highest-paid actors globally.
His earnings for “Deadpool 2” were likely around $20 million upfront, with potential for $30-40 million more due to backend points. Reynolds has also commanded significant upfront salaries for other films. For the Michael Bay movie “6 Underground,” he was paid $27 million upfront.
Reynolds has also worked in voice acting, with roles in Dreamworks Animation films “The Croods” (2013) and “Turbo” (2013). He voiced Pikachu in “Pokémon Detective Pikachu” (2019) and was the facial motion caption actor for the CGI Pikachu.
In 2017, Reynolds won a Saturn Award for Best Actor for “Deadpool” and a People’s Choice Award for Favorite Movie Actor. He was also nominated for a Golden Globe Award in 2017 for Best Performance by an Actor in a Motion Picture – Musical or Comedy for “Deadpool.” In 2016, he received a star on the Hollywood Walk of Fame for Motion Pictures at 8601 Hollywood Blvd.
Ryan Reynolds’ Personal Life and Real Estate
In 2012, Reynolds and Blake Lively purchased a house in Westchester County, New York, for $6 million. The property spans 11.65 acres, with the main residence covering nearly 9,000 square feet. He also owns a home in Los Angeles. Reynolds reportedly purchased a $1.9 million home in the Welsh village of Marford in 2023.
Reynolds became an American citizen around 2018. He has supported various causes, including Partners In Health, by reading an installment of “James and the Giant Peach” in May 2022. He and Lively pledged to match up to $1 million for Ukrainian refugees in 2022 and donated $500,000 to Water First to provide Indigenous people in Canada with clean drinking water in March 2022. In January 2023, Reynolds received the Academy of Canadian Cinema and Television’s Humanitarian Award at the 11th Canadian Screen Awards.