Ryan Reynolds Has a Frankly Ridiculous Net Worth
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Actor Ryan Reynolds is turning his attention from the pitch to the pits with his latest sports investment.
The Hollywood star, who acquired Welsh soccer team Wrexham AFC with friend Rob McElhenney in November 2020, is part of a group purchasing a 24 percent stake in the Alpine Renault Formula 1 racing team. The $218 million deal includes contributions from Maximum Effort Investments—the firm led by Reynolds, which also includes McElhenney and actor Michael B. Jordan—as well as RedBird Capital Partners and Otro Capital.
Renault Group, the parent company of Alpine, said in a statement the F1 team is now valued around $900 million. “This association is an important step to enhance our performance at all levels,” said Alpine CEO Laurent Rossi, adding the deal will boost media and marketing strategies and allow for reinvestment in team facilities and equipment.
Now that we know Alpine’s net worth, what about Reynolds’? Let’s take a look at how the Deadpool actor stacks up financially ahead of his latest investment.
What Is Ryan Reynolds’ Net Worth?
According to the Daily Express, the 46-year-old Reynolds had a net worth of $350 million prior to his stake in Alpine. If that sounds like a lot, it is—especially in relation to other big names in the Formula 1 garage.
Surprisingly, Reynolds has more money than every active driver in the series. Even seven-time champion Lewis Hamilton—a bona fide celebrity who, according to Forbes, earned $65 million over the past year but is estimated to be worth around only $285 million.
How Did Reynolds Make His Money?
The Canadian-born Reynolds has picked up some nice paychecks for his film roles, including an estimated $48.5 million combined for the Netflix projects 6 Underground in 2019 and Red Notice in 2021. However, the actor has made much of his fortune through savvy investments.
In 2020, Reynolds joined the board of directors for Match Group, which operates dating brands like Match, Tinder, OkCupid, and Hinge. That same year, he sold his alcohol brand Aviation American Gin for $610 million, according to The Washington Post.
Reynolds was also a minority owner of Mint Mobile, with a roughly 25-percent stake in the telecommunications company. In March, T-Mobile reached a deal to purchase Mint Mobile for $1.35 billion, with Fortune reporting that Reynolds earned an estimated $300 million from the sale.
Then there’s Wrexham, which which he and McElhenney purchased for only $2.5 million. The team is featured in the Hulu docuseries Welcome to Wrexham, and the club earned a promotion to the more prestigious English Football League in April. This on-field success, coupled with valuable sponsorships from brands like TikTok and Expedia, has helped the team’s value grow as much as 300 percent, according to research from investment firm Saxo.
Can Alpine Become the Next Wrexham?
Probably not. This new venture could turn into a significant moneymaker for Reynolds in the coming years, but Alpine has a long way to go to be competitive in Formula 1.
The two-car team, which features drivers Esteban Ocon and Pierre Gasly, is currently fifth in the F1 Constructor Standings—with teams earning points based on their race results. This is well off the pace of rivals like Red Bull Racing, Mercedes, and Aston Martin, which compete for podium finishes almost every weekend. In 2019, Forbes valued the elite Ferrari team at $1.35 billion—highlighting the funding gap that a mid-tier F1 team like Alpine faces, even after this latest investment.
Still, having big names like Reynolds, Jordan, and McElhenney involved should only boost interest in the sport—something good for all parties involved.
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