Celebrity

George Clooney sold his Tequila Company

It seems that George Clooney sold his Tequila business. At what price? Well, for approximately 1 billion dollars.
As we know, George Clooney is a successful and award-winning actor. Without a doubt that everyone knows at least one movie featuring this famous actor. As we know, recently, George Clooney also became a father for the first time.

But, not only that he has success in his career and is very happy when it comes to his personal life, but Clooney also has success in business. Maybe not all fans are aware of this, but the actor founded a tequila brand together with other two friends, Mike Meldman and Rande Gerber. Now, it seems that they want sell the company to Diageo. The price? 1 billion dollars.

Clooney, Meldman and Gerber founded Casamigos, their tequila brand, in 2013. This week, they have declared that they are intending to sell their company to the spirits giant Diageo. As we mentioned, the deal value goes up the impressive sum of 1 billion dollars. We are talking about 700 million dollars in cash and approximately 300 million dollars in hits sales targets over the next few years.

“If you asked us four years ago if we had a billion-dollar company, I don’t think we would have said yes,” George Clooney declared in a statement. “This reflects Diageo’s belief in our company and our belief in Diageo.”

With this huge deal, we must say that Clooney will become one of the most successful celebrity investors on the field. But, Clooney is not the only star who tried his luck in the business field. Leonardo DiCaprio and Kevin Spacey did the same, investing a good amount of money in Casper. Also, Justin Bieber decided to invest in Spotify, while Aston Kutcher made investments in startups like Change.org and Airbnb.

“What started from a friendship and an idea to create the best tasting, smoothest tequila as our own house tequila to drink and share with friends has quickly turned into the fastest growing super-premium tequila,” declared Rande Gerber. To be mentioned that George Clooney and Rande Gerber were the ones who came up with the idea of founding Casamigos, while Meldman partnered after.

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