When he’s not on screen, Ryan Reynolds has amassed a remarkable business empire. He invested in Wrexham AFC, among other ventures, and he recently closed the deal of a lifetime.When he’s not on screen, Ryan Reynolds has amassed a remarkable business empire. He invested in Wrexham AFC, among other ventures, and he recently closed the deal of a lifetime.
Ryan Reynolds’s notoriety has grown over time as a result of his roles in multiple successful films, including Deadpool, Free Guy, and The Proposal. The Canadian-American actor’s bank account has increased due to his involvement in a number of non-Hollywood projects, even as his big screen career has taken off.
One of his business ventures is the acquisition of Wrexham AFC. The Hollywood pair, along with Rob McElhenney, have contributed to the team’s and the area’s increased visibility. Welcome to Wrexham, a Netflix series, chronicles their journey as football club owners.
Reynolds elevated his career to a new height in July. The Hollywood star sold wireless company Mint Mobile to telecom behemoth T-Mobile for $1.35 billion (£1.12bn), closing his first billion-dollar deal. According to Investopedia, Reynolds is anticipated to make a nine-figure salary from the transaction, though the precise sum is not known.
The 46-year-old’s estimated net worth was over $150 million (£134 million) prior to the deal. It’s just one more instance of Reynolds’ success off the set of films. Following his role in Deadpool, Reynolds embarked on his entrepreneurial career in 2018. Reynolds acquired an undisclosed minority interest in the spirits company Aviation Gin in the same year. Diageo purchased the business for $610 million (£500 million) two years later.
Reynolds started working with Mint Mobile a year later. He also invested $750 million (£780 million) in Canadian fintech Wealthsimple, so that was just the start of a busy year, according to Reuters. The native of Vancouver participated in a $620 million (£586 million) Series C funding round for the platform 1Password in 2022, which resulted in a $6.8 billion (£6 billion) valuation for the business.
Reynolds has a wide range of business interests, but he has also developed a strong interest in sports. Reynolds, along with Rob McElhenney, became part of an investor group that supports the Alpine Formula One Racing Team for $218 million (£200 million), as reported by Formula One. Otro Capital, RedBird Capital partnered, and Reynold’s Maximum Effort are also members of the group.
Reynolds first showed interest in the NHL in March when he entered a bid to purchase the Ottawa Senators, who are valued at $800 million (£700 million) by Forbes. He joined forces with the Remington Group, an Ontario developer with plans to construct a new arena. The Ottawa Sun reported that the prepared bid topped $1 billion.
Reynolds’s success is especially welcome at this point in the Football League Two Standings, as Wrexham is currently third. This summer, the team will travel to the United States for a preseason tour where they will play Chelsea and Manchester United.
Reynolds has demonstrated that he is off to a promising start, even though his journey as an entrepreneur has not yet covered much ground in the last two years.
