Hollywood Actor George Clooney… he’s sold
his tequila brand Casamigos for what’s likely to become a staggering $1 billion
(£790 million).
The multinational beverage company Diageo has paid $700 million
for the company, with another $300 million coming in performance related
payments over the next 10 years.
The 56-year-old actor started Casamigos, translated as ‘house of
friends’, with Rande Gerber, the businessman husband of model Cindy Crawford,
in 2013.
“If you asked us four years ago if we had a billion dollar
company, I don’t think we would have said yes,” Clooney said in a statement to
Entertainment Tonight.
“This reflects Diageo’s belief in our company and our belief in
Diageo. But we’re not going anywhere. We’ll still be very much a part of
Casamigos. Starting with a shot tonight. Maybe two.”
Gerber added that the business was started ‘by accident’.
Tequila was initially bottled and shared
with friends and family, the enterprise ballooned, and last year sold 120,000
cases, with 170,000 likely to be sold by the end of this year.
Clooney could likely do with a few extra
quid, having recently become father to twins Ella and Alexander with his wife,
the human rights lawyer Amal Clooney.
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