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Just looked up how much of the company Reynolds actually owns. About 20% - 25%. So he's getting roughly around a $300 million payday out of this. That's roughl
by bena 4y ago
Just looked up how much of the company Reynolds actually owns. About 20% - 25%.
So he's getting roughly around a $300 million payday out of this. That's roughly double his current reported net worth. Not bad at all.
- kqr2 4y agoHow much did he initially invest in mint?
- nodesocket 4y agoLike 50 cent and George Clooney their business ventures (Vitamin Water, Casamigoas) make them way more than music or acting.
- consumer451 4y agoWas Paul Newman (Newman's Own) the originator of this type of thing?
- bena 4y agoI would imagine not. Anyone who makes a significant amount of money is encouraged to park it in various money-making vehicles. Restaurants, bars, sports teams, etc. I think Newman is unique in that his major venture uses its profits for charity. I don't think Newman himself made much money from the endeavor. By design. He set it up as a way to generate money for charitable giving.
- Optimal_Persona 4y agoWell, it can't be cheap to allow Upper East Side socialite Serena van der Woodsen (played by his wife Blake Lively) to maintain the lifestyle to which she's accustomed ;-)