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Fortune
Fortune
Prarthana Prakash

Ryan Reynolds's Mint Mobile sale will earn him an estimated $300 million. Here's how he grew the telecom startup

Picture of Ryan Reynolds (Credit: Axelle/Bauer-Griffin/FilmMagic/Getty Images)

Ryan Reynolds has assumed many guises since he shot to fame in the 1990s. And while the Deadpool star has become a widely recognized actor, he’s also become closely associated with his two brands—Aviation Gin and Mint Mobile. He bought stakes in the companies in 2018 and 2019, respectively, and has become their brand ambassador, delivering jokes and his signature quirkiness in commercials.

On Wednesday, Mint Mobile, a mobile phone network known for some of the cheapest prepaid plans in the U.S., was acquired by T-Mobile for $1.35 billion. Reynolds, who owns an estimated 25% stake in Mint Mobile, will receive about $300 million from the deal, the Wall Street Journal reported. He also sold Aviation Gin in 2020 for $610 million; his stake in the company is unknown.

But what did it take for him to get to this point?

Inception of Mint Mobile

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