George Clooney Sells Tequila Company, Becomes Billionaire

Well, he didn’t get ALL of the billion dollars that he and his two other partners made from their tequila company, but still…

George Clooney, along with two other friends Rande Gerber (Cindy Crawford’s husband), and Michael Meldman (real-estate developer and actor), started a tequila company just 4 years ago. Casamigos Tequila was made, just because they wanted to drink it personally. Apparently it was good enough to get popular, and after a few years of making tequila, it was worth a billion dollars.

George says that while they’ve sold the company, they’re still going to be a part of it, and added that they “remain committed to our brand and look forward to our future with Diageo and continuing our work with our dedicated and passionate Casamigos team.”

Clooney and his partners will split $700 million, and the remaining $300 million will be paid over the next 10 years, based on how well the tequila does.

Source.

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