After Conquering Football With Wrexham AFC Is Ryan Reynolds Going To Enter The World Of Motor Racing?

Published 06/26/2023, 9:30 AM EDT

via Imago

Deadpool’s investment game is getting stronger! (and perhaps a bit faster). Ever since Ryan Reynolds deemed himself successful as an actor, he has chanced in investing that success in other ventures such as Mint Mobile and Maximum Effort. Turns out, over the turn of the decade, the Vancouver native has also become an equally lucrative entrepreneur. And now he has embarked on the world of investors- and his taste is particularly in sports!

After Wrexham’s loud triumph, The Adam Project actor is reportedly eyeing to support his stakes in motor racing. Renaults, the parent company of Formula 1 revealed on Monday that the Wrexham partners are to purchase a 24% equity stake in Alpine Racing with Otro Capital and RedBird Capital Partners. Notably, this 200 million Euro or $218.10 million agreement will value the British racing company at about $900 million.

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Alpine CEO Laurent Rossi also marked that they will reinvest the revenue generated from the investment in the team for the acceleration of their “Mountain Climber Plan, aimed at catching up with top teams in terms of state-of-the-art facilities and equipment,” via Dev Discourse.

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The king of humor is also a king of investment. Here is a sneak peek into Ryan Reynolds’s investment empire.

Into the investment empire of Ryan Reynolds

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Although he may claim he is “not a wizard” in investing, the Canadian sure is soaring high. Reynolds’s joint triumph with Rob McElhenney (of $2.5 million) to bring the underdog Welsh football club, Wrexham AFC, is not alien to the world. Well, there is a whole Netflix documentary recording and broadcasting their journey via Netflix. Their latest win and promotion to fifth-tier football was no less than a royal celebration.

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Later on, the 46-year-old would put his eye on a hockey club; for which he was prepared to bid $1 billion, but that did not go well. However, that doesn’t stop Deadpool Mercenary from moving ahead! In April 2023, the 46-year-old bought a stake in the FinTech company, Nuvei. Furthermore, his turnovers by selling Aviation gin, and Mint Mobile is no news to the world, which adds up to $1 billion 960 million.

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Notably. Reynolds is also an investor in Canadian wealth management service Wealthsimple (value- $5 billion), and the password management company, 1Password (value- $6.8 billion).

What are your thoughts about Ryan Reynolds’s latest investment and investment strategy? Do let us know in the comment section below.

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Prithvi Shah

856 articles

Prithvi Shah is an entertainment writer at Netflix Junkie and has contributed over 650 articles. Having an English major, she has built expertise in journalistic writing, story writing, and reviewing. In her stint of over a year at NJ, Prithvi has developed a good understanding of putting forward a balanced and unbiased perspective without hurting the sentiments of millions of fans and readers across the globe.

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